Funding you earn now, next payment 04:00 UTC+0.0815%/8h= +89.2% APRpaid last 24h +0.092%
Price spread now: BloFin against Bybit−0.193%72s7-day average −0.176% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as 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−$1501.503% of the position
Funding, last 7 days+0.398%+$40 on $10k
+Price spread, last 3 days (all we have)+0.229%+$23 · spread now −0.193%, 7d avg −0.176%
=The price spread sits at its 7-day average of −0.176%, so right now this pair is about funding alone: +$24 a day on $10k at the current rate. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.398% in total (about 20.8% 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 | 0.1294 | −0.1109 | get 0.0554% / 4h | 3h 40m | $4.5M | $6.6M | 25x |
| Short | BloFin MINA-USDT | 0.1292 | −0.0294 | pay 0.0294% / 8h | 7h 40m | $254K | $291K | 50x |
Bybit MINAUSDT
BloFin MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $171.13
- Price spread: −0.193% → −0.176%
- −$1.73
- Slippage, 4 orders
- −$127.33
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $19.07
- Costs to cover
- 1.503%
- Break-even
- 6.2 days
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 30 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, 3 min ago | 1.55 bp | 64.8 bp −$65 | 165.9 bp −$1,659 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 30 min ago | 0.78 bp | 23.1 bp −$23 | 67.8 bp −$678 | 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 | −0.3319% | 1h | 0.1291 | −0.266% | $24K | $86K | 10x | as long as short |
| Bybit MINAUSDTlong | −0.1109% | 4h | 0.1294 | long leg | $4.5M | $6.6M | 25x | |
| Gate MINA_USDT | −0.0455% | 8h | 0.1294 | +0.008% | $418K | $946K | 50x | as long as short |
| Binance MINAUSDT | −0.0320% | 8h | 0.1293 | −0.120% | $4.4M | $33.4M | 50x | as long as short |
| MEXC MINA_USDT | −0.0320% | 8h | 0.1292 | −0.155% | $1.2M | $1.4M | 50x | as long as short |
| BloFin MINA-USDTshort | −0.0294% | 8h | 0.1292 | −0.193% | $254K | $291K | 50x | |
| Bitget MINAUSDT | −0.0217% | 8h | 0.1293 | −0.131% | $1.8M | $3.8M | 50x | as long as short |
| KuCoin MINAUSDTM | −0.0077% | 8h | 0.1294 | −0.046% | $776K | $502K | 30x | as long as short |
| BingX MINA-USDT | −0.0023% | 8h | 0.1294 | −0.008% | — | $2.7M | — | as long as short |
| OKX MINA-USDT-SWAP | +0.0040% | 4h | 0.1292 | −0.162% | $1.9M | $17.2M | 20x | as long as short |
Kraken Futures PF_MINAUSD
Gate MINA_USDT
Binance MINAUSDT
MEXC MINA_USDT
Bitget MINAUSDT
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 | −0.046% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1295 | +0.027% | $417K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA