Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.5% APRnext payment −$0.05 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against Binance−0.054%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$940.944% of the position
Funding, last 7 days+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)+0.300%+$30 · spread now −0.054%, 7d avg −0.010%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.044% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MINAUSDT | 0.1299 | 0.0007 | pay 0.0007% / 8h | 2h 38m | $4.4M | $25.7M | 50x |
| Short | BloFin MINA-USDT | 0.1298 | 0.0002 | get 0.0002% / 8h | 2h 38m | $244K | $210K | 50x |
Binance MINAUSDT
BloFin MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$1.01
- Price spread: −0.054% → −0.010%
- −$4.42
- Slippage, 4 orders
- −$72.35
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$99.78
- Costs to cover
- 0.944%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; BloFin: live order book, 43 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, 2 min ago | 0.38 bp | 29.8 bp −$30 | 150.9 bp −$1,509 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 43 min ago | 1.55 bp | 23.5 bp −$24 | doesn't fit | 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 | −0.2873% | 1h | 0.1305 | +0.433% | $21K | $65K | 10x | as long as short |
| Bybit MINAUSDT | −0.0573% | 4h | 0.1302 | +0.246% | $4.4M | $5.1M | 25x | as long as short |
| OKX MINA-USDT-SWAP | −0.0508% | 4h | 0.1301 | +0.131% | $1.8M | $13.2M | 20x | as long as short |
| Gate MINA_USDT | −0.0170% | 8h | 0.1299 | −0.008% | $423K | $717K | 50x | as long as short |
| Bitget MINAUSDT | −0.0046% | 8h | 0.1300 | +0.092% | $1.9M | $3.4M | 50x | as long as short |
| BloFin MINA-USDTshort | +0.0002% | 8h | 0.1298 | −0.054% | $244K | $210K | 50x | |
| Binance MINAUSDTlong | +0.0007% | 8h | 0.1299 | long leg | $4.4M | $25.7M | 50x | |
| MEXC MINA_USDT | +0.0013% | 8h | 0.1299 | −0.015% | $1.1M | $1.2M | 50x | as long as short |
| BingX MINA-USDT | +0.0013% | 8h | 0.1301 | +0.115% | — | $2.6M | — | as long as short |
| KuCoin MINAUSDTM | +0.0041% | 8h | 0.1300 | +0.038% | $774K | $491K | 30x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
OKX MINA-USDT-SWAP
Gate MINA_USDT
Bitget MINAUSDT
MEXC MINA_USDT
BingX MINA-USDT
KuCoin MINAUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0079% | 1h | 0.1300 | +0.077% | $3.3M | $1.6M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1306 | +0.568% | $422K | $68K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA