Funding you earn now, next payment 08:00 UTC+0.0079%/8h= +8.6% APRnext payment +$0.79 per $10,000 · paid last 24h +0.061%
Price spread now: Bitget against BloFin+0.108%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$810.814% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 3 days (all we have)−0.210%−$21 · spread now +0.108%, 7d avg +0.040%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bitget is 0.068% dearer against BloFin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MINA-USDT | 0.1292 | −0.0294 | get 0.0294% / 8h | 7h 41m | $254K | $291K | 50x |
| Short | Bitget MINAUSDT | 0.1293 | −0.0215 | pay 0.0215% / 8h | 7h 41m | $1.8M | $3.8M | 50x |
BloFin MINA-USDT
Bitget MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $16.54
- Price spread: +0.108% → +0.040%
- $6.83
- Slippage, 4 orders
- −$57.43
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$58.05
- Costs to cover
- 0.814%
- Break-even
- 31.6 days
Slippage from BloFin: live order book, 28 min ago; Bitget: 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 BloFin live order book, 28 min ago | 0.78 bp | 15.6 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 5.03 bp | 21.1 bp −$21 | 62.4 bp −$624 | 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 | −0.3318% | 1h | 0.1291 | −0.041% | $24K | $86K | 10x | as long as short |
| Bybit MINAUSDT | −0.1206% | 4h | 0.1295 | +0.255% | $4.5M | $6.6M | 25x | as long as short |
| Gate MINA_USDT | −0.0398% | 8h | 0.1295 | +0.224% | $418K | $946K | 50x | as long as short |
| Binance MINAUSDT | −0.0320% | 8h | 0.1293 | +0.110% | $4.4M | $33.4M | 50x | as long as short |
| MEXC MINA_USDT | −0.0317% | 8h | 0.1294 | +0.155% | $1.2M | $1.4M | 50x | as long as short |
| BloFin MINA-USDTlong | −0.0294% | 8h | 0.1292 | long leg | $254K | $291K | 50x | |
| Bitget MINAUSDTshort | −0.0215% | 8h | 0.1293 | +0.108% | $1.8M | $3.8M | 50x | |
| KuCoin MINAUSDTM | −0.0078% | 8h | 0.1294 | +0.155% | $776K | $502K | 30x | as long as short |
| BingX MINA-USDT | −0.0023% | 8h | 0.1294 | +0.163% | — | $2.7M | — | as long as short |
| OKX MINA-USDT-SWAP | +0.0035% | 4h | 0.1293 | +0.077% | $1.9M | $17.2M | 20x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
Gate MINA_USDT
Binance MINAUSDT
MEXC MINA_USDT
KuCoin MINAUSDTM
BingX MINA-USDT
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 | 0.1294 | +0.201% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1295 | +0.221% | $417K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA