Funding you earn now, next payment 08:00 UTC+0.0523%/8h= +57.3% APRpaid last 24h +0.063%
Price spread now: Gate against Bybit−0.178%7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$1991.994% of the position
Funding, last 7 days+0.520%+$52 on $10k
+Price spread, last 4 days (all we have)+0.530%+$53 · spread now −0.178%, 7d avg −0.126%
=Funding pays, the price is against you. Gate is 0.052% cheaper against Bybit than usual: you would sell low and buy high (spread −0.178% now, against its 7-day average of −0.126%). If the spread goes back, that is −$5 on $10k: about 8 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.520% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MINAUSDT | 0.1295 | −0.0663 | get 0.0332% / 4h | 3h 32m | $4.4M | $5.3M | 25x |
| Short | Gate MINA_USDT | 0.1293 | −0.0140 | pay 0.0140% / 8h | 3h 32m | $414K | $742K | 50x |
Bybit MINAUSDT
Gate MINA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $109.86
- Price spread: −0.178% → −0.126%
- −$5.21
- Slippage, 4 orders
- −$173.35
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$94.7
- Costs to cover
- 1.994%
- Break-even
- 13.0 days
Slippage from Bybit: live order book, 5 min ago; Gate: live order book, 19 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 Gate live order book, 19 min ago | 8.53 bp | 43.2 bp −$43 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINAUSDTlong | −0.0663% | 4h | 0.1295 | long leg | $4.4M | $5.3M | 25x | |
| OKX MINA-USDT-SWAP | −0.0406% | 4h | 0.1294 | −0.093% | $1.8M | $13.9M | 20x | as long as short |
| Gate MINA_USDTshort | −0.0140% | 8h | 0.1293 | −0.178% | $414K | $742K | 50x | |
| KuCoin MINAUSDTM | +0.0012% | 8h | 0.1292 | −0.193% | $761K | $496K | 30x | as long as short |
| BloFin MINA-USDT | +0.0015% | 8h | 0.1293 | −0.131% | $246K | $228K | 50x | as long as short |
| Bitget MINAUSDT | +0.0038% | 8h | 0.1293 | −0.178% | $1.8M | $3.4M | 50x | as long as short |
| MEXC MINA_USDT | +0.0044% | 8h | 0.1293 | −0.100% | $1.1M | $1.2M | 50x | as long as short |
| Binance MINAUSDT | +0.0045% | 8h | 0.1293 | −0.107% | $4.3M | $26.8M | 50x | as long as short |
| Hyperliquid MINA | +0.0047% | 1h | 0.1293 | −0.116% | $3.3M | $1.6M | 3x | as long as short |
| BingX MINA-USDT | +0.0063% | 8h | 0.1293 | −0.131% | — | $2.6M | — | as long as short |
OKX MINA-USDT-SWAP
KuCoin MINAUSDTM
BloFin MINA-USDT
Bitget MINAUSDT
MEXC MINA_USDT
Binance MINAUSDT
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 | −0.172% | $418K | $69K | — | as long as short |
| Kraken Futures PF_MINAUSD | +0.1335% | 1h | 0.1292 | −0.224% | $20K | $69K | 10x | as long as short |
Variational Omni MINA
Kraken Futures PF_MINAUSD