Funding you earn now, next payment 08:00 UTC−0.0110%/8h= −12.0% APRnext payment −$1.10 per $10,000 · paid last 24h −0.095%
Price spread now: Binance against Gate+0.121%7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$1121.124% of the position
Funding, last 7 days−0.188%−$19 on $10k
+Price spread, last 4 days (all we have)−0.416%−$42 · spread now +0.121%, 7d avg −0.055%
=The price spread pays, funding is against you. Binance is 0.176% dearer against Gate than usual: you sell high and buy low (spread +0.121% now, against its 7-day average of −0.055%): +$18 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MINA_USDT | 0.1292 | −0.0206 | get 0.0206% / 8h | 7h 46m | $417K | $946K | 50x |
| Short | Binance MINAUSDT | 0.1294 | −0.0316 | pay 0.0316% / 8h | 7h 46m | $4.5M | $33.4M | 50x |
Gate MINA_USDT
Binance MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- −$23.06
- Price spread: +0.121% → −0.055%
- $17.62
- Slippage, 4 orders
- −$87.37
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$117.81
- Costs to cover
- 1.124%
- Break-even
- never at this rate
Slippage from Gate: live order book, 25 min ago; Binance: live order book, 10 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 Gate live order book, 25 min ago | 11.31 bp | 40.6 bp −$41 | 1423.8 bp −$14.2K | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 2.33 bp | 20.2 bp −$20 | 104.2 bp −$1,042 | 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 | −0.3334% | 1h | 0.1285 | −0.581% | $23K | $86K | 10x | as long as short |
| Bybit MINAUSDT | −0.1355% | 4h | 0.1295 | +0.209% | $4.5M | $6.6M | 25x | as long as short |
| BloFin MINA-USDT | −0.0319% | 8h | 0.1291 | −0.101% | $256K | $295K | 50x | as long as short |
| Binance MINAUSDTshort | −0.0316% | 8h | 0.1294 | +0.121% | $4.5M | $33.4M | 50x | |
| MEXC MINA_USDT | −0.0313% | 8h | 0.1293 | +0.085% | $1.2M | $1.4M | 50x | as long as short |
| Bitget MINAUSDT | −0.0207% | 8h | 0.1293 | +0.077% | $1.9M | $3.8M | 50x | as long as short |
| Gate MINA_USDTlong | −0.0206% | 8h | 0.1292 | long leg | $417K | $946K | 50x | |
| KuCoin MINAUSDTM | −0.0077% | 8h | 0.1292 | −0.054% | $775K | $502K | 30x | as long as short |
| BingX MINA-USDT | −0.0007% | 8h | 0.1294 | +0.101% | — | $2.7M | — | as long as short |
| OKX MINA-USDT-SWAP | +0.0019% | 4h | 0.1293 | +0.093% | $1.9M | $17.2M | 20x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
BloFin MINA-USDT
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 | 0.1292 | −0.008% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1292 | −0.050% | $414K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA