Funding you earn now, next payment 08:00 UTC+0.0110%/8h= +12.0% APRnext payment +$1.10 per $10,000 · paid last 24h +0.028%
Price spread now: BingX against Bitget−0.102%7-day average +0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$790.786% of the position
Funding, last 7 days+0.492%+$49 on $10k
+Price spread, last 7 days+0.164%+$16 · spread now −0.102%, 7d avg +0.041%
=Funding pays, the price is against you. BingX is 0.143% cheaper against Bitget than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of +0.041%). If the spread goes back, that is −$14 on $10k: about 4.3 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.492% in total) that is about 2.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MINAUSDT | 0.1273 | −0.0204 | get 0.0204% / 8h | 6h 10m | $1.8M | $3.8M | 50x |
| Short | BingX MINA-USDT | 0.1272 | −0.0094 | pay 0.0094% / 8h | 6h 10m | — | $2.7M | — |
Bitget MINAUSDT
BingX MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $23.1
- Price spread: −0.102% → +0.041%
- −$14.3
- Slippage, 4 orders
- −$56.58
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$69.78
- Costs to cover
- 0.786%
- Break-even
- 28.1 days
Slippage from Bitget: live order book, 3 min ago; BingX: live order book, 10 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 Bitget live order book, 3 min ago | 6.67 bp | 17.8 bp −$18 | 66.4 bp −$664 | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 4.69 bp | 19.8 bp −$20 | 68.0 bp −$680 | 385.2 bp −$38.5K | 524.5 bp −$262.3K |
MINA on 11 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 | −0.5048% | 1h | 0.1272 | −0.040% | $23K | $79K | 10x | as long as short |
| Bybit MINAUSDT | −0.0671% | 4h | 0.1272 | −0.039% | $4.4M | $6.4M | 25x | as long as short |
| MEXC MINA_USDT | −0.0241% | 8h | 0.1270 | −0.204% | $1.2M | $1.4M | 50x | as long as short |
| Binance MINAUSDT | −0.0238% | 8h | 0.1270 | −0.196% | $4.2M | $33.2M | 50x | as long as short |
| Gate MINA_USDT | −0.0220% | 8h | 0.1271 | −0.141% | $408K | $948K | 50x | as long as short |
| Bitget MINAUSDTlong | −0.0204% | 8h | 0.1273 | long leg | $1.8M | $3.8M | 50x | |
| OKX MINA-USDT-SWAP | −0.0148% | 4h | 0.1269 | −0.283% | $1.8M | $16.8M | 20x | as long as short |
| KuCoin MINAUSDTM | −0.0134% | 8h | 0.1274 | +0.110% | $739K | $515K | 30x | as long as short |
| BingX MINA-USDTshort | −0.0094% | 8h | 0.1272 | −0.102% | — | $2.7M | — | |
| Hyperliquid MINA | +0.0100% | 1h | 0.1271 | −0.152% | $3.3M | $2.5M | 3x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
MEXC MINA_USDT
Binance MINAUSDT
Gate MINA_USDT
OKX MINA-USDT-SWAP
KuCoin MINAUSDTM
Hyperliquid MINAShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MINA | +0.0100% | 4h | 0.1275 | +0.159% | $411K | $140K | — | as long as short |
Variational Omni MINA