Funding you earn now, next payment 00:00 UTC+0.0401%/8h= +43.9% APRnext payment +$4.01 per $10,000 · paid last 24h +0.085%
Price spread now: BingX against Binance+0.008%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$930.925% of the position
Funding, last 7 days+0.552%+$55 on $10k
+Price spread, last 7 days+0.019%+$2 · spread now +0.008%, 7d avg +0.059%
=Funding pays, the price is against you. BingX is 0.052% cheaper against Binance than usual: you would sell low and buy high (spread +0.008% now, against its 7-day average of +0.059%). If the spread goes back, that is −$5 on $10k: about 10 hours of funding at the current rate (+$12 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MINAUSDT | 0.1265 | −0.0403 | get 0.0403% / 8h | 1h 51m | $4.4M | $34.0M | 50x |
| Short | BingX MINA-USDT | 0.1266 | −0.0002 | pay 0.0002% / 8h | 1h 51m | — | $2.7M | — |
Binance MINAUSDT
BingX MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $84.17
- Price spread: +0.008% → +0.059%
- −$5.16
- Slippage, 4 orders
- −$72.54
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$13.53
- Costs to cover
- 0.925%
- Break-even
- 8.1 days
Slippage from Binance: live order book, 5 min ago; BingX: live order book, 13 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 5 min ago | 1.98 bp | 22.2 bp −$22 | 123.9 bp −$1,239 | doesn't fit | doesn't fit |
| Sell BingX live order book, 13 min ago | 4.73 bp | 23.1 bp −$23 | 72.0 bp −$720 | 352.5 bp −$35.3K | 449.1 bp −$224.5K |
MINA on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MINAUSD | −0.1815% | 1h | 0.1266 | +0.022% | $25K | $87K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0430% | 4h | 0.1266 | +0.016% | $1.9M | $17.0M | 20x | as long as short |
| MEXC MINA_USDT | −0.0403% | 8h | 0.1265 | −0.016% | $1.2M | $1.5M | 50x | as long as short |
| Binance MINAUSDTlong | −0.0403% | 8h | 0.1265 | long leg | $4.4M | $34.0M | 50x | |
| BloFin MINA-USDT | −0.0400% | 8h | 0.1264 | −0.142% | $253K | $320K | 50x | as long as short |
| Bitget MINAUSDT | −0.0273% | 8h | 0.1264 | −0.087% | $1.8M | $3.9M | 50x | as long as short |
| Gate MINA_USDT | −0.0212% | 8h | 0.1266 | +0.032% | $411K | $964K | 50x | as long as short |
| KuCoin MINAUSDTM | −0.0036% | 8h | 0.1264 | −0.134% | $766K | $506K | 30x | as long as short |
| Bybit MINAUSDT | −0.0031% | 4h | 0.1267 | +0.103% | $4.4M | $6.7M | 25x | as long as short |
| BingX MINA-USDTshort | −0.0002% | 8h | 0.1266 | +0.008% | — | $2.7M | — |
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
MEXC MINA_USDT
BloFin MINA-USDT
Bitget MINAUSDT
Gate MINA_USDT
KuCoin MINAUSDTM
Bybit MINAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1266 | +0.040% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1268 | +0.201% | $407K | $150K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA