Funding you earn now, next payment 04:00 UTC−0.0177%/8h= −19.3% APRpaid last 24h −0.155%
Price spread now: Bybit against Bitget+0.094%7-day average +0.147% · you sell dearer than you buy
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1421.417% of the position
Funding, last 7 days−0.438%−$44 on $10k
+Price spread, last 7 days+0.167%+$17 · spread now +0.094%, 7d avg +0.147%
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.053% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.147%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MINAUSDT | 0.1275 | −0.0134 | get 0.0134% / 8h | 5h 20m | $1.8M | $3.6M | 50x |
| Short | Bybit MINAUSDT | 0.1276 | −0.0311 | pay 0.0155% / 4h | 1h 20m | $4.4M | $6.0M | 25x |
Bitget MINAUSDT
Bybit MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$37.11
- Price spread: +0.094% → +0.147%
- −$5.31
- Slippage, 4 orders
- −$118.67
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$184.09
- Costs to cover
- 1.417%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Bybit: live order book, 2 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, 2 min ago | 3.54 bp | 21.0 bp −$21 | 84.2 bp −$842 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 3.15 bp | 44.4 bp −$44 | 152.3 bp −$1,523 | 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 | −0.5185% | 1h | 0.1268 | −0.547% | $23K | $78K | 10x | as long as short |
| Bybit MINAUSDTshort | −0.0311% | 4h | 0.1276 | +0.094% | $4.4M | $6.0M | 25x | |
| OKX MINA-USDT-SWAP | −0.0278% | 4h | 0.1275 | +0.016% | $1.8M | $16.3M | 20x | as long as short |
| Gate MINA_USDT | −0.0163% | 8h | 0.1275 | −0.016% | $405K | $903K | 50x | as long as short |
| MEXC MINA_USDT | −0.0135% | 8h | 0.1276 | +0.055% | $1.2M | $1.4M | 50x | as long as short |
| Bitget MINAUSDTlong | −0.0134% | 8h | 0.1275 | long leg | $1.8M | $3.6M | 50x | |
| Binance MINAUSDT | −0.0131% | 8h | 0.1276 | +0.047% | $4.3M | $32.0M | 50x | as long as short |
| KuCoin MINAUSDTM | −0.0129% | 8h | 0.1274 | −0.094% | $737K | $507K | 30x | as long as short |
| BloFin MINA-USDT | −0.0115% | 8h | 0.1275 | −0.055% | $245K | $261K | 50x | as long as short |
| BingX MINA-USDT | −0.0114% | 8h | 0.1276 | +0.078% | — | $2.7M | — | as long as short |
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
Gate MINA_USDT
MEXC MINA_USDT
Binance MINAUSDT
KuCoin MINAUSDTM
BloFin MINA-USDT
BingX MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1275 | −0.039% | $3.3M | $2.5M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1276 | +0.036% | $411K | $86K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA