Funding you earn now, next payment 04:00 UTC+0.0388%/8h= +42.5% APRpaid last 24h +0.087%
Price spread now: Binance against Bybit−0.108%7-day average −0.167% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1411.414% of the position
Funding, last 7 days+0.393%+$39 on $10k
+Price spread, last 7 days−0.182%−$18 · spread now −0.108%, 7d avg −0.167%
=Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Binance is 0.059% dearer against Bybit than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.167%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MINAUSDT | 0.1278 | −0.0628 | get 0.0314% / 4h | 2h 07m | $4.5M | $6.4M | 25x |
| Short | Binance MINAUSDT | 0.1277 | −0.0240 | pay 0.0240% / 8h | 6h 07m | $4.2M | $33.2M | 50x |
Bybit MINAUSDT
Binance MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $81.55
- Price spread: −0.108% → −0.167%
- $5.93
- Slippage, 4 orders
- −$120.45
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$53.97
- Costs to cover
- 1.414%
- Break-even
- 11.6 days
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 4 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 Bybit live order book, 5 min ago | 1.17 bp | 47.2 bp −$47 | 156.0 bp −$1,560 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.18 bp | 18.4 bp −$18 | 109.3 bp −$1,093 | doesn't fit | doesn't fit |
MINA on 11 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 | −0.5042% | 1h | 0.1274 | −0.361% | $23K | $79K | 10x | as long as short |
| Bybit MINAUSDTlong | −0.0628% | 4h | 0.1278 | long leg | $4.5M | $6.4M | 25x | |
| Gate MINA_USDT | −0.0241% | 8h | 0.1276 | −0.164% | $410K | $949K | 50x | as long as short |
| Binance MINAUSDTshort | −0.0240% | 8h | 0.1277 | −0.108% | $4.2M | $33.2M | 50x | |
| MEXC MINA_USDT | −0.0239% | 8h | 0.1277 | −0.125% | $1.2M | $1.4M | 50x | as long as short |
| Bitget MINAUSDT | −0.0205% | 8h | 0.1276 | −0.172% | $1.8M | $3.8M | 50x | as long as short |
| OKX MINA-USDT-SWAP | −0.0161% | 4h | 0.1276 | −0.172% | $1.8M | $16.9M | 20x | as long as short |
| KuCoin MINAUSDTM | −0.0148% | 8h | 0.1275 | −0.219% | $740K | $515K | 30x | as long as short |
| BingX MINA-USDT | −0.0094% | 8h | 0.1276 | −0.164% | — | $2.7M | — | as long as short |
| Hyperliquid MINA | +0.0100% | 1h | 0.1277 | −0.133% | $3.4M | $2.5M | 3x | as long as short |
Kraken Futures PF_MINAUSD
Gate MINA_USDT
MEXC MINA_USDT
Bitget MINAUSDT
OKX MINA-USDT-SWAP
KuCoin MINAUSDTM
BingX MINA-USDT
Hyperliquid MINAShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MINA | +0.0100% | 4h | 0.1275 | −0.264% | $411K | $140K | — | as long as short |
Variational Omni MINA