Funding you earn now, next payment 04:00 UTC−0.0255%/8h= −27.9% APRpaid last 24h −0.185%
Price spread now: Bybit against Gate+0.266%7-day average +0.126% · you sell dearer than you buy
Net, funding: paid 7d − costs−$243as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1841.841% of the position
Funding, last 7 days−0.584%−$58 on $10k
+Price spread, last 4 days (all we have)−1.672%−$167 · spread now +0.266%, 7d avg +0.126%
=The price spread pays, funding is against you. Bybit is 0.140% dearer against Gate than usual: you sell high and buy low (spread +0.266% now, against its 7-day average of +0.126%): +$14 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 44 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MINA_USDT | 0.1280 | −0.0158 | get 0.0158% / 8h | 5h 45m | $409K | $900K | 50x |
| Short | Bybit MINAUSDT | 0.1283 | −0.0413 | pay 0.0206% / 4h | 1h 45m | $4.5M | $6.2M | 25x |
Gate MINA_USDT
Bybit MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$53.52
- Price spread: +0.266% → +0.126%
- $13.98
- Slippage, 4 orders
- −$158.15
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$223.69
- Costs to cover
- 1.841%
- Break-even
- never at this rate
Slippage from Gate: live order book, 16 min ago; Bybit: live order book, 2 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, 16 min ago | 8.23 bp | 51.3 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.72 bp | 60.2 bp −$60 | 162.4 bp −$1,624 | 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 | −0.5137% | 1h | 0.1280 | +0.007% | $23K | $78K | 10x | as long as short |
| Bybit MINAUSDTshort | −0.0413% | 4h | 0.1283 | +0.266% | $4.5M | $6.2M | 25x | |
| OKX MINA-USDT-SWAP | −0.0241% | 4h | 0.1282 | +0.125% | $1.8M | $16.7M | 20x | as long as short |
| BloFin MINA-USDT | −0.0198% | 8h | 0.1283 | +0.273% | — | $272K | 50x | as long as short |
| MEXC MINA_USDT | −0.0187% | 8h | 0.1282 | +0.133% | $1.2M | $1.4M | 50x | as long as short |
| Binance MINAUSDT | −0.0184% | 8h | 0.1282 | +0.156% | $4.3M | $32.7M | 50x | as long as short |
| Bitget MINAUSDT | −0.0176% | 8h | 0.1283 | +0.211% | $1.8M | $3.7M | 50x | as long as short |
| Gate MINA_USDTlong | −0.0158% | 8h | 0.1280 | long leg | $409K | $900K | 50x | |
| BingX MINA-USDT | −0.0145% | 8h | 0.1283 | +0.266% | — | $2.7M | — | as long as short |
| KuCoin MINAUSDTM | −0.0144% | 8h | 0.1281 | +0.055% | $741K | $512K | 30x | as long as short |
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
BloFin MINA-USDT
MEXC MINA_USDT
Binance MINAUSDT
Bitget MINAUSDT
BingX MINA-USDT
KuCoin MINAUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1280 | +0.008% | $3.3M | $2.5M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1283 | +0.244% | $413K | $87K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA