Funding you earn now, next payment 08:00 UTC+0.0061%/8h= +6.6% APRnext payment +$0.61 per $10,000 · paid last 24h −0.061%
Price spread now: BloFin against Bitget+0.390%105s7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$910.911% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 4 days (all we have)−0.249%−$25 · spread now +0.390%, 7d avg −0.048%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.438% dearer against Bitget than usual: you sell high and buy low: +$44 more if the spread goes back to its 7-day average of −0.048%. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MINAUSDT | 0.1307 | −0.0036 | get 0.0036% / 8h | 2h 41m | $1.9M | $3.3M | 50x |
| Short | BloFin MINA-USDT | 0.1312 | 0.0025 | get 0.0025% / 8h | 2h 41m | $245K | $223K | 50x |
Bitget MINAUSDT
BloFin MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $12.74
- Price spread: +0.390% → −0.048%
- $43.78
- Slippage, 4 orders
- −$67.15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$34.62
- Costs to cover
- 0.911%
- Break-even
- 26.0 days
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 40 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, 1 min ago | 7.63 bp | 24.0 bp −$24 | 117.2 bp −$1,172 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 40 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 | −0.2850% | 1h | 0.1315 | +0.612% | $21K | $65K | 10x | as long as short |
| Bybit MINAUSDT | −0.0496% | 4h | 0.1307 | −0.023% | $4.5M | $5.1M | 25x | as long as short |
| OKX MINA-USDT-SWAP | −0.0472% | 4h | 0.1305 | −0.161% | $1.8M | $13.2M | 20x | as long as short |
| Gate MINA_USDT | −0.0157% | 8h | 0.1310 | +0.207% | $426K | $716K | 50x | as long as short |
| Bitget MINAUSDTlong | −0.0036% | 8h | 0.1307 | long leg | $1.9M | $3.3M | 50x | |
| MEXC MINA_USDT | +0.0013% | 8h | 0.1306 | −0.099% | $1.1M | $1.2M | 50x | as long as short |
| BingX MINA-USDT | +0.0013% | 8h | 0.1309 | +0.161% | — | $2.6M | — | as long as short |
| Binance MINAUSDT | +0.0013% | 8h | 0.1305 | −0.147% | $4.4M | $25.7M | 50x | as long as short |
| BloFin MINA-USDTshort | +0.0025% | 8h | 0.1312 | +0.390% | $245K | $223K | 50x | |
| KuCoin MINAUSDTM | +0.0043% | 8h | 0.1309 | +0.145% | $779K | $490K | 30x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
OKX MINA-USDT-SWAP
Gate MINA_USDT
MEXC MINA_USDT
BingX MINA-USDT
Binance MINAUSDT
KuCoin MINAUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0079% | 1h | 0.1305 | −0.176% | $3.3M | $1.6M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1309 | +0.151% | $423K | $68K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA