Funding you earn now, next payment 16:00 UTC+0.0439%/8h= +48.0% APRnext payment +$4.39 per $10,000 · paid last 24h +0.051%
Price spread now: BingX against BloFin+0.155%7-day average +0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$850.848% of the position
Funding, last 7 days+0.508%+$51 on $10k
+Price spread, last 4 days (all we have)−0.863%−$86 · spread now +0.155%, 7d avg +0.078%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and BingX is 0.076% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.078%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MINA-USDT | 0.1358 | −0.0409 | get 0.0409% / 8h | 7h 39m | $258K | $168K | 50x |
| Short | BingX MINA-USDT | 0.1360 | 0.0030 | get 0.0030% / 8h | 7h 39m | — | $2.5M | — |
BloFin MINA-USDT
BingX MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- $92.13
- Price spread: +0.155% → +0.078%
- $7.64
- Slippage, 4 orders
- −$62.75
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $15.02
- Costs to cover
- 0.848%
- Break-even
- 5.9 days
Slippage from BloFin: live order book, 27 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 BloFin live order book, 27 min ago | 4.86 bp | 20.3 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 6.23 bp | 23.8 bp −$24 | 64.4 bp −$644 | 348.5 bp −$34.8K | 496.2 bp −$248.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| OKX MINA-USDT-SWAP | −0.0766% | 4h | 0.1360 | +0.133% | $2.0M | $10.8M | 20x | as long as short |
| Gate MINA_USDT | −0.0587% | 8h | 0.1359 | +0.037% | $446K | $541K | 50x | as long as short |
| Kraken Futures PF_MINAUSD | −0.0501% | 1h | 0.1363 | +0.379% | $22K | $56K | 10x | as long as short |
| KuCoin MINAUSDTM | −0.0414% | 8h | 0.1362 | +0.295% | $820K | $431K | 30x | as long as short |
| BloFin MINA-USDTlong | −0.0409% | 8h | 0.1358 | long leg | $258K | $168K | 50x | |
| Binance MINAUSDT | −0.0409% | 8h | 0.1359 | +0.051% | $4.5M | $20.8M | 50x | as long as short |
| MEXC MINA_USDT | −0.0402% | 8h | 0.1359 | +0.044% | $1.3M | $1.1M | 50x | as long as short |
| Bitget MINAUSDT | −0.0390% | 8h | 0.1362 | +0.265% | $2.0M | $2.9M | 50x | as long as short |
| Hyperliquid MINA | −0.0380% | 1h | 0.1359 | +0.081% | $3.4M | $1.4M | 3x | as long as short |
| Bybit MINAUSDT | −0.0370% | 4h | 0.1362 | +0.280% | $4.8M | $4.5M | 25x | as long as short |
OKX MINA-USDT-SWAP
Gate MINA_USDT
Kraken Futures PF_MINAUSD
KuCoin MINAUSDTM
Binance MINAUSDT
MEXC MINA_USDT
Bitget MINAUSDT
Hyperliquid MINA
Bybit MINAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MINA-USDTshort | +0.0030% | 8h | 0.1360 | +0.155% | — | $2.5M | — | |
| Variational Omni MINA | +0.0100% | 4h | 0.1361 | +0.223% | $440K | $61K | — | as long as short |
Variational Omni MINA