Settings8H · net · $10k
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Funding arb · Price arb / Crypto

MINA

All MINA markets →
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
Binance SpotMINAUSDT
0.05395spotno funding——$504K1xBuy Binance Spot
SHORT
BinanceMINAUSDT
0.05390−0.0036pay 0.0036% / 8h7h 44m$2.8M$5.0M50xShort Binance
Price gap−0.086%
Funding gap−0.0036% /8h

Funding costs $1 a day on $10k at the current rate: the perp's short pays now. A spot + perp pair earns only while the short is paid.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$11−0.0036% /8h now · paid +0.112% over the last 7D
Price+$1spread −0.086% now, avg −0.096% → +0.010% if it goes back
Costs−$1331.332% of $10k · taker + slippage, in and out
Result−$121−1.21%no points

Price and funding

1h · history
PRICE SPREAD · 7D
Now−0.086%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MINA on 12 exchanges

lowest funding first

Before you open

1 ok · 2 to watch
  • Watch: Thin at this size56.4 / 18.2 bp
    At $10k entering Binance Spot costs 56.4 bp, fee and slippage, 3.1× Binance’s.
  • Note: Spot in full, margin on the short$10,000 + $200
    The spot leg is bought with the whole $10k; Binance runs at up to 50x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Binance.
  • OK: Only the short pays funding— / 8h
    The spot leg pays no funding; Binance settles every 8h.
    Next 24h at the current rates, on $10k a leg: −$1.07Long Binance Spot: 0 payments, $0.00; short Binance: 3 payments, −$1.07.
  • Note: Gap at its usual level−0.086% vs −0.096%
    The price leg adds little either way.
  • Note: Spot has no open interest$2.8M OI
    Only Binance reports one; the spot book's depth is in the cost check above.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBinance Spot Yes · Binance Yes
    Verified KYC to deposit or trade.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0053%/8h × 21 periods+$11.23
Price spread−0.086% → −0.096% (7d avg)+$0.98
Slippage, 4 orderslive order books−$103.23
Fee Binance Spot bp × 2 orders−$20.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k−$121.02
Costs to cover1.332%Break-even82.4 days
Slippage: Binance Spot: live order book, 14 min ago; Binance: live order book, 11 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBinance Spot9.4156.4 bp−$561263.0 bp−$12.6Kdoesn’t fitdoesn’t fit
SELL · SHORTBinance0.9418.2 bp−$1863.4 bp−$634doesn’t fitdoesn’t fit

Closing costs about the same again.

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