Funding you earn now, next payment 00:00 UTC−0.0194%/8h= −21.3% APRnext payment −$1.94 per $10,000 · paid last 24h −0.097%
Price spread now: BloFin against Gate−0.109%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$121as in the Price arb table
costs, in and out, $10k−$1131.132% of the position
Funding, last 7 days−0.231%−$23 on $10k
+Price spread, last 3 days (all we have)+0.307%+$31 · spread now −0.109%, 7d avg −0.036%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and BloFin is 0.074% cheaper against Gate than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.036%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MINA_USDT | 0.1282 | −0.0159 | get 0.0159% / 8h | 30m 59s | $416K | $965K | 50x |
| Short | BloFin MINA-USDT | 0.1281 | −0.0353 | pay 0.0353% / 8h | 30m 59s | $255K | $294K | 50x |
Gate MINA_USDT
BloFin MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$40.8
- Price spread: −0.109% → −0.036%
- −$7.37
- Slippage, 4 orders
- −$86.17
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$161.34
- Costs to cover
- 1.132%
- Break-even
- never at this rate
Slippage from Gate: live order book, 46 min ago; BloFin: live order book, 44 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, 46 min ago | 5.49 bp | 39.4 bp −$39 | 1674.3 bp −$16.7K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 44 min ago | 0.79 bp | 19.2 bp −$19 | 56.7 bp −$567 | 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 | −0.2368% | 1h | 0.1283 | +0.025% | $23K | $87K | 10x | as long as short |
| BloFin MINA-USDTshort | −0.0353% | 8h | 0.1281 | −0.109% | $255K | $294K | 50x | |
| Binance MINAUSDT | −0.0325% | 8h | 0.1281 | −0.088% | $4.4M | $33.6M | 50x | as long as short |
| MEXC MINA_USDT | −0.0323% | 8h | 0.1281 | −0.078% | $1.2M | $1.4M | 50x | as long as short |
| Bitget MINAUSDT | −0.0216% | 8h | 0.1281 | −0.062% | $1.8M | $3.8M | 50x | as long as short |
| Gate MINA_USDTlong | −0.0159% | 8h | 0.1282 | long leg | $416K | $965K | 50x | |
| KuCoin MINAUSDTM | −0.0083% | 8h | 0.1284 | +0.101% | $773K | $501K | 30x | as long as short |
| OKX MINA-USDT-SWAP | −0.0082% | 4h | 0.1281 | −0.094% | $1.9M | $17.1M | 20x | as long as short |
| Bybit MINAUSDT | −0.0070% | 4h | 0.1283 | +0.062% | $4.5M | $6.6M | 25x | as long as short |
| BingX MINA-USDT | −0.0028% | 8h | 0.1282 | −0.008% | — | $2.7M | — | as long as short |
Kraken Futures PF_MINAUSD
Binance MINAUSDT
MEXC MINA_USDT
Bitget MINAUSDT
KuCoin MINAUSDTM
OKX MINA-USDT-SWAP
Bybit 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 | 0.1282 | −0.008% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1283 | +0.063% | $413K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA