Funding you earn now, next payment 00:00 UTC+0.0048%/8h= +5.2% APRpaid last 24h +0.183%
Price spread now: BingX against Bybit−0.171%7-day average −0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$190as in the Price arb table
costs, in and out, $10k−$1841.839% of the position
Funding, last 7 days+0.939%+$94 on $10k
+Price spread, last 7 days−0.060%−$6 · spread now −0.171%, 7d avg −0.109%
=Funding pays, the price is against you. BingX is 0.062% cheaper against Bybit than usual: you would sell low and buy high (spread −0.171% now, against its 7-day average of −0.109%). If the spread goes back, that is −$6 on $10k: about 4.4 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.939% in total) that is about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MINAUSDT | 0.1285 | −0.0093 | get 0.0046% / 4h | 8m 38s | $4.5M | $6.6M | 25x |
| Short | BingX MINA-USDT | 0.1283 | −0.0045 | pay 0.0045% / 8h | 8m 38s | — | $2.7M | — |
Bybit MINAUSDT
BingX MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $10
- Price spread: −0.171% → −0.109%
- −$6.23
- Slippage, 4 orders
- −$162.92
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$180.15
- Costs to cover
- 1.839%
- Break-even
- 133.1 days
Slippage from Bybit: live order book, 4 min ago; BingX: live order book, 11 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, 4 min ago | 1.95 bp | 67.0 bp −$67 | 155.7 bp −$1,557 | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 3.91 bp | 20.8 bp −$21 | 66.3 bp −$663 | 330.3 bp −$33.0K | 418.5 bp −$209.2K |
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 | −0.2375% | 1h | 0.1279 | −0.467% | $23K | $86K | 10x | as long as short |
| MEXC MINA_USDT | −0.0321% | 8h | 0.1282 | −0.195% | $1.2M | $1.4M | 50x | as long as short |
| Binance MINAUSDT | −0.0320% | 8h | 0.1283 | −0.163% | $4.4M | $33.4M | 50x | as long as short |
| BloFin MINA-USDT | −0.0304% | 8h | 0.1281 | −0.296% | $254K | $293K | 50x | as long as short |
| Bitget MINAUSDT | −0.0212% | 8h | 0.1282 | −0.195% | $1.8M | $3.8M | 50x | as long as short |
| Gate MINA_USDT | −0.0177% | 8h | 0.1283 | −0.101% | $417K | $970K | 50x | as long as short |
| Bybit MINAUSDTlong | −0.0093% | 4h | 0.1285 | long leg | $4.5M | $6.6M | 25x | |
| KuCoin MINAUSDTM | −0.0078% | 8h | 0.1282 | −0.210% | $772K | $501K | 30x | as long as short |
| BingX MINA-USDTshort | −0.0045% | 8h | 0.1283 | −0.171% | — | $2.7M | — | |
| OKX MINA-USDT-SWAP | −0.0044% | 4h | 0.1282 | −0.195% | $1.9M | $17.1M | 20x | as long as short |
Kraken Futures PF_MINAUSD
MEXC MINA_USDT
Binance MINAUSDT
BloFin MINA-USDT
Bitget MINAUSDT
Gate MINA_USDT
KuCoin MINAUSDTM
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 | 0.1283 | −0.148% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1284 | −0.085% | $413K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA