Funding you earn now, next payment 04:00 UTC+0.0122%/8h= +13.3% APRpaid last 24h +0.089%
Price spread now: MEXC against Bybit−0.157%7-day average −0.152% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1361.358% of the position
Funding, last 7 days+0.394%+$39 on $10k
+Price spread, last 7 days−0.129%−$13 · spread now −0.157%, 7d avg −0.152%
=The price spread sits at its 7-day average of −0.152%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MINAUSDT | 0.1273 | −0.0206 | get 0.0103% / 4h | 48m 28s | $4.4M | $5.9M | 25x |
| Short | MEXC MINA_USDT | 0.1271 | −0.0084 | pay 0.0084% / 8h | 4h 48m | $1.1M | $1.3M | 50x |
Bybit MINAUSDT
MEXC MINA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $25.58
- Price spread: −0.157% → −0.152%
- −$0.55
- Slippage, 4 orders
- −$120.8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$110.77
- Costs to cover
- 1.358%
- Break-even
- 37.3 days
Slippage from Bybit: live order book, 4 min ago; MEXC: live order book, 3 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 | 1.17 bp | 62.2 bp −$62 | 231.1 bp −$2,311 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 3.15 bp | 9.3 bp −$9 | 52.4 bp −$524 | 95.5 bp −$9,551 | 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 | −0.2591% | 1h | 0.1273 | +0.019% | $20K | $82K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0387% | 4h | 0.1270 | −0.181% | $1.8M | $15.8M | 20x | as long as short |
| Bybit MINAUSDTlong | −0.0206% | 4h | 0.1273 | long leg | $4.4M | $5.9M | 25x | |
| Gate MINA_USDT | −0.0180% | 8h | 0.1267 | −0.471% | $402K | $819K | 50x | as long as short |
| KuCoin MINAUSDTM | −0.0130% | 8h | 0.1269 | −0.299% | $742K | $509K | 30x | as long as short |
| MEXC MINA_USDTshort | −0.0084% | 8h | 0.1271 | −0.157% | $1.1M | $1.3M | 50x | |
| Binance MINAUSDT | −0.0079% | 8h | 0.1271 | −0.150% | $4.3M | $31.4M | 50x | as long as short |
| BloFin MINA-USDT | −0.0075% | 8h | 0.1268 | −0.338% | $243K | $258K | 50x | as long as short |
| Bitget MINAUSDT | −0.0070% | 8h | 0.1270 | −0.220% | $1.8M | $3.6M | 50x | as long as short |
| BingX MINA-USDT | −0.0070% | 8h | 0.1270 | −0.181% | — | $2.7M | — | as long as short |
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
Gate MINA_USDT
KuCoin MINAUSDTM
Binance MINAUSDT
BloFin MINA-USDT
Bitget MINAUSDT
BingX MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1270 | −0.251% | $3.2M | $2.5M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1270 | −0.190% | $409K | $86K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA