Funding you earn now, next payment 08:00 UTC+0.0736%/8h= +80.6% APRpaid last 24h +0.033%
Price spread now: Bitget against Bybit−0.232%7-day average −0.146% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1621.621% of the position
Funding, last 7 days+0.375%+$38 on $10k
+Price spread, last 7 days−0.034%−$3 · spread now −0.232%, 7d avg −0.146%
=Funding pays, the price is against you. Bitget is 0.085% cheaper against Bybit than usual: you would sell low and buy high (spread −0.232% now, against its 7-day average of −0.146%). If the spread goes back, that is −$9 on $10k: about 9 hours of funding at the current rate (+$22 a day). At the pace of the last 7 days (+0.375% in total) that is about 38 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.375% in total (about 19.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MINAUSDT | 0.1295 | −0.0696 | get 0.0348% / 4h | 3h 33m | $4.4M | $5.3M | 25x |
| Short | Bitget MINAUSDT | 0.1292 | 0.0040 | get 0.0040% / 8h | 3h 33m | $1.8M | $3.4M | 50x |
Bybit MINAUSDT
Bitget MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $154.59
- Price spread: −0.232% → −0.146%
- −$8.51
- Slippage, 4 orders
- −$139.06
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$15.99
- Costs to cover
- 1.621%
- Break-even
- 7.7 days
Slippage from Bybit: live order book, 5 min ago; Bitget: live order book, 5 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 | 4.26 bp | 61.1 bp −$61 | 170.8 bp −$1,708 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 3.88 bp | 21.3 bp −$21 | 92.9 bp −$929 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINAUSDTlong | −0.0696% | 4h | 0.1295 | long leg | $4.4M | $5.3M | 25x | |
| OKX MINA-USDT-SWAP | −0.0411% | 4h | 0.1293 | −0.193% | $1.8M | $13.9M | 20x | as long as short |
| Gate MINA_USDT | −0.0145% | 8h | 0.1292 | −0.216% | $414K | $742K | 50x | as long as short |
| KuCoin MINAUSDTM | +0.0010% | 8h | 0.1291 | −0.286% | $760K | $496K | 30x | as long as short |
| BloFin MINA-USDT | +0.0015% | 8h | 0.1293 | −0.154% | $246K | $228K | 50x | as long as short |
| Bitget MINAUSDTshort | +0.0040% | 8h | 0.1292 | −0.232% | $1.8M | $3.4M | 50x | |
| Binance MINAUSDT | +0.0045% | 8h | 0.1294 | −0.062% | $4.3M | $26.8M | 50x | as long as short |
| MEXC MINA_USDT | +0.0047% | 8h | 0.1293 | −0.154% | $1.1M | $1.2M | 50x | as long as short |
| Hyperliquid MINA | +0.0050% | 1h | 0.1293 | −0.178% | $3.3M | $1.6M | 3x | as long as short |
| BingX MINA-USDT | +0.0063% | 8h | 0.1293 | −0.147% | — | $2.6M | — | as long as short |
OKX MINA-USDT-SWAP
Gate MINA_USDT
KuCoin MINAUSDTM
BloFin MINA-USDT
Binance MINAUSDT
MEXC MINA_USDT
Hyperliquid MINA
BingX MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MINA | +0.0100% | 4h | 0.1293 | −0.195% | $418K | $69K | — | as long as short |
| Kraken Futures PF_MINAUSD | +0.1335% | 1h | 0.1292 | −0.247% | $20K | $69K | 10x | as long as short |
Variational Omni MINA
Kraken Futures PF_MINAUSD