Funding you earn now, next payment 08:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.98 per $10,000 · paid last 24h −0.002%
Price spread now: BingX against Gate+0.070%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$83as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1181.182% of the position
Funding, last 7 days+0.347%+$35 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.070%, 7d avg +0.029%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.040% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MINA_USDT | 0.1292 | −0.0105 | get 0.0105% / 8h | 7h 46m | $417K | $946K | 50x |
| Short | BingX MINA-USDT | 0.1293 | −0.0007 | pay 0.0007% / 8h | 7h 46m | — | $2.7M | — |
Gate MINA_USDT
BingX MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $20.5
- Price spread: +0.070% → +0.029%
- $4.03
- Slippage, 4 orders
- −$93.16
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$93.63
- Costs to cover
- 1.182%
- Break-even
- 39.0 days
Slippage from Gate: live order book, 25 min ago; BingX: live order book, 8 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 BingX live order book, 8 min ago | 5.07 bp | 21.4 bp −$21 | 66.6 bp −$666 | 354.2 bp −$35.4K | 457.6 bp −$228.8K |
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 | −0.1062% | 4h | 0.1294 | +0.116% | $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 MINAUSDT | −0.0316% | 8h | 0.1293 | +0.036% | $4.5M | $33.4M | 50x | as long as short |
| MEXC MINA_USDT | −0.0315% | 8h | 0.1293 | +0.031% | $1.2M | $1.4M | 50x | as long as short |
| Bitget MINAUSDT | −0.0207% | 8h | 0.1293 | +0.046% | $1.8M | $3.8M | 50x | as long as short |
| Gate MINA_USDTlong | −0.0105% | 8h | 0.1292 | long leg | $417K | $946K | 50x | |
| KuCoin MINAUSDTM | −0.0075% | 8h | 0.1291 | −0.085% | $775K | $502K | 30x | as long as short |
| BingX MINA-USDTshort | −0.0007% | 8h | 0.1293 | +0.070% | — | $2.7M | — | |
| OKX MINA-USDT-SWAP | +0.0019% | 4h | 0.1292 | +0.008% | $1.9M | $17.2M | 20x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
BloFin MINA-USDT
Binance MINAUSDT
MEXC MINA_USDT
Bitget MINAUSDT
KuCoin MINAUSDTM
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 | +0.139% | $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