Funding you earn now, next payment 08:00 UTC−0.0305%/8h= −33.4% APRnext payment −$3.05 per $10,000 · paid last 24h −0.094%
Price spread now: Binance against BingX−0.031%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$880.884% of the position
Funding, last 7 days−0.534%−$53 on $10k
+Price spread, last 7 days−0.025%−$2 · spread now −0.031%, 7d avg −0.061%
=The price spread pays, funding is against you. Binance is 0.029% dearer against BingX than usual: you sell high and buy low (spread −0.031% now, against its 7-day average of −0.061%): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 8 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MINA-USDT | 0.1286 | −0.0036 | get 0.0036% / 8h | 7h 19m | — | $2.7M | — |
| Short | Binance MINAUSDT | 0.1285 | −0.0341 | pay 0.0341% / 8h | 7h 19m | $4.4M | $33.3M | 50x |
BingX MINA-USDT
Binance MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$63.98
- Price spread: −0.031% → −0.061%
- $2.94
- Slippage, 4 orders
- −$68.38
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$149.42
- Costs to cover
- 0.884%
- Break-even
- never at this rate
Slippage from BingX: live order book, 15 min ago; Binance: live order book, 7 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 BingX live order book, 15 min ago | 5.05 bp | 21.2 bp −$21 | 65.2 bp −$652 | 381.1 bp −$38.1K | 477.9 bp −$239.0K |
| Sell Binance live order book, 7 min ago | 0.39 bp | 16.9 bp −$17 | 99.2 bp −$992 | 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 | −0.3325% | 1h | 0.1288 | +0.205% | $23K | $81K | 10x | as long as short |
| Bybit MINAUSDT | −0.1433% | 4h | 0.1286 | +0.070% | $4.5M | $6.6M | 25x | as long as short |
| Gate MINA_USDT | −0.0525% | 8h | 0.1282 | −0.249% | $416K | $950K | 50x | as long as short |
| BloFin MINA-USDT | −0.0345% | 8h | 0.1288 | +0.226% | $255K | $290K | 50x | as long as short |
| Binance MINAUSDTshort | −0.0341% | 8h | 0.1285 | −0.031% | $4.4M | $33.3M | 50x | |
| MEXC MINA_USDT | −0.0340% | 8h | 0.1287 | +0.124% | $1.2M | $1.4M | 50x | as long as short |
| Bitget MINAUSDT | −0.0244% | 8h | 0.1284 | −0.140% | $1.8M | $3.8M | 50x | as long as short |
| KuCoin MINAUSDTM | −0.0100% | 8h | 0.1285 | −0.062% | $766K | $501K | 30x | as long as short |
| BingX MINA-USDTlong | −0.0036% | 8h | 0.1286 | long leg | — | $2.7M | — | |
| OKX MINA-USDT-SWAP | +0.0053% | 4h | 0.1285 | −0.016% | $1.9M | $17.1M | 20x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
Gate MINA_USDT
BloFin MINA-USDT
MEXC MINA_USDT
Bitget MINAUSDT
KuCoin MINAUSDTM
OKX MINA-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1290 | +0.342% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1288 | +0.209% | $415K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA