Funding you earn now, next payment 00:00 UTC+0.0136%/8h= +14.9% APRnext payment +$1.36 per $10,000 · paid last 24h +0.076%
Price spread now: Bitget against Binance−0.087%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$920.922% of the position
Funding, last 7 days+0.039%+$4 on $10k
+Price spread, last 7 days+0.010%+$1 · spread now −0.087%, 7d avg +0.018%
=Funding pays, the price is against you. Bitget is 0.105% cheaper against Binance than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of +0.018%). If the spread goes back, that is −$10 on $10k: about 2.6 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.039% in total) that is about 19 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MINAUSDT | 0.1267 | −0.0409 | get 0.0409% / 8h | 1h 56m | $4.4M | $34.0M | 50x |
| Short | Bitget MINAUSDT | 0.1266 | −0.0273 | pay 0.0273% / 8h | 1h 56m | $1.8M | $3.9M | 50x |
Binance MINAUSDT
Bitget MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $28.54
- Price spread: −0.087% → +0.018%
- −$10.45
- Slippage, 4 orders
- −$70.18
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$74.09
- Costs to cover
- 0.922%
- Break-even
- 25.2 days
Slippage from Binance: live order book, 15 min ago; Bitget: live order book, 1 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, 15 min ago | 1.18 bp | 20.5 bp −$21 | 130.8 bp −$1,308 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.77 bp | 26.8 bp −$27 | 84.6 bp −$846 | doesn't fit | doesn't fit |
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 | −0.1821% | 1h | 0.1261 | −0.433% | $25K | $87K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0464% | 4h | 0.1267 | +0.008% | $1.9M | $17.1M | 20x | as long as short |
| Binance MINAUSDTlong | −0.0409% | 8h | 0.1267 | long leg | $4.4M | $34.0M | 50x | |
| MEXC MINA_USDT | −0.0408% | 8h | 0.1266 | −0.071% | $1.2M | $1.5M | 50x | as long as short |
| BloFin MINA-USDT | −0.0391% | 8h | 0.1263 | −0.332% | $254K | $321K | 50x | as long as short |
| Bitget MINAUSDTshort | −0.0273% | 8h | 0.1266 | −0.087% | $1.8M | $3.9M | 50x | |
| Gate MINA_USDT | −0.0224% | 8h | 0.1264 | −0.213% | $410K | $964K | 50x | as long as short |
| Bybit MINAUSDT | −0.0038% | 4h | 0.1267 | +0.032% | $4.5M | $6.8M | 25x | as long as short |
| BingX MINA-USDT | −0.0028% | 8h | 0.1266 | −0.047% | — | $2.7M | — | as long as short |
| KuCoin MINAUSDTM | −0.0025% | 8h | 0.1264 | −0.245% | $766K | $507K | 30x | as long as short |
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
MEXC MINA_USDT
BloFin MINA-USDT
Gate MINA_USDT
Bybit MINAUSDT
BingX MINA-USDT
KuCoin MINAUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1265 | −0.142% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1270 | +0.233% | $409K | $150K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA