Funding you earn now, next payment 00:00 UTC+0.0200%/8h= +21.8% APRnext payment +$2.00 per $10,000 · paid last 24h +0.097%
Price spread now: Gate against BloFin−0.095%63s7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as 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−$1121.116% of the position
Funding, last 7 days+0.231%+$23 on $10k
+Price spread, last 3 days (all we have)−0.260%−$26 · spread now −0.095%, 7d avg +0.037%
=Funding pays, the price is against you. Gate is 0.132% cheaper against BloFin than usual: you would sell low and buy high (spread −0.095% now, against its 7-day average of +0.037%). If the spread goes back, that is −$13 on $10k: about 2.2 days of funding at the current rate (+$6 a day). The two prices were read 63 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 | BloFin MINA-USDT | 0.1266 | −0.0416 | get 0.0416% / 8h | 1h 54m | $255K | $322K | 50x |
| Short | Gate MINA_USDT | 0.1265 | −0.0216 | pay 0.0216% / 8h | 1h 54m | $411K | $964K | 50x |
BloFin MINA-USDT
Gate MINA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $41.9
- Price spread: −0.095% → +0.037%
- −$13.19
- Slippage, 4 orders
- −$84.63
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$82.92
- Costs to cover
- 1.116%
- Break-even
- 20.9 days
Slippage from BloFin: live order book, 26 min ago; Gate: live order book, 28 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, 26 min ago | 1.96 bp | 16.0 bp −$16 | 69.0 bp −$690 | doesn't fit | doesn't fit |
| Sell Gate live order book, 28 min ago | 7.90 bp | 32.9 bp −$33 | 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 | −0.1815% | 1h | 0.1266 | −0.030% | $25K | $87K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0441% | 4h | 0.1268 | +0.111% | $1.9M | $17.1M | 20x | as long as short |
| BloFin MINA-USDTlong | −0.0416% | 8h | 0.1266 | long leg | $255K | $322K | 50x | |
| MEXC MINA_USDT | −0.0409% | 8h | 0.1266 | −0.024% | $1.2M | $1.5M | 50x | as long as short |
| Binance MINAUSDT | −0.0405% | 8h | 0.1266 | −0.024% | $4.4M | $34.0M | 50x | as long as short |
| Bitget MINAUSDT | −0.0272% | 8h | 0.1266 | −0.032% | $1.8M | $3.9M | 50x | as long as short |
| Gate MINA_USDTshort | −0.0216% | 8h | 0.1265 | −0.095% | $411K | $964K | 50x | |
| KuCoin MINAUSDTM | −0.0028% | 8h | 0.1267 | +0.039% | $768K | $506K | 30x | as long as short |
| BingX MINA-USDT | −0.0028% | 8h | 0.1267 | +0.047% | — | $2.7M | — | as long as short |
| Bybit MINAUSDT | −0.0005% | 4h | 0.1268 | +0.118% | $4.4M | $6.8M | 25x | as long as short |
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
MEXC MINA_USDT
Binance MINAUSDT
Bitget MINAUSDT
KuCoin MINAUSDTM
BingX MINA-USDT
Bybit MINAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1267 | +0.047% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1268 | +0.138% | $407K | $150K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA