Funding you earn now, next payment 00:00 UTC−0.0157%/8h= −17.2% APRnext payment −$1.57 per $10,000 · paid last 24h −0.103%
Price spread now: MEXC against Gate−0.031%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$930.933% of the position
Funding, last 7 days−0.239%−$24 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.031%, 7d avg −0.032%
=The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MINA_USDT | 0.1296 | −0.0263 | get 0.0263% / 8h | 2h 48m | $423K | $974K | 50x |
| Short | MEXC MINA_USDT | 0.1296 | −0.0420 | pay 0.0420% / 8h | 2h 48m | $1.3M | $1.5M | 50x |
Gate MINA_USDT
MEXC MINA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$32.97
- Price spread: −0.031% → −0.032%
- $0.09
- Slippage, 4 orders
- −$74.34
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$126.22
- Costs to cover
- 0.933%
- Break-even
- never at this rate
Slippage from Gate: live order book, 38 min ago; MEXC: 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, 38 min ago | 10.02 bp | 36.0 bp −$36 | 1528.9 bp −$15.3K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 2.31 bp | 8.6 bp −$9 | 54.6 bp −$546 | 89.4 bp −$8,943 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINAUSDT | −0.1177% | 4h | 0.1299 | +0.224% | $4.6M | $6.8M | 25x | as long as short |
| Kraken Futures PF_MINAUSD | −0.0696% | 1h | 0.1303 | +0.500% | $28K | $85K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0615% | 4h | 0.1298 | +0.162% | $2.0M | $17.6M | 20x | as long as short |
| BloFin MINA-USDT | −0.0444% | 8h | 0.1297 | +0.023% | $263K | $345K | 50x | as long as short |
| Binance MINAUSDT | −0.0423% | 8h | 0.1297 | +0.054% | $4.5M | $34.0M | 50x | as long as short |
| MEXC MINA_USDTshort | −0.0420% | 8h | 0.1296 | −0.031% | $1.3M | $1.5M | 50x | |
| Gate MINA_USDTlong | −0.0263% | 8h | 0.1296 | long leg | $423K | $974K | 50x | |
| Bitget MINAUSDT | −0.0251% | 8h | 0.1295 | −0.085% | $1.9M | $3.8M | 50x | as long as short |
| BingX MINA-USDT | −0.0197% | 8h | 0.1297 | +0.077% | — | $2.7M | — | as long as short |
| KuCoin MINAUSDTM | +0.0041% | 8h | 0.1297 | +0.039% | $816K | $502K | 30x | as long as short |
Bybit MINAUSDT
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
BloFin 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 | 0.1297 | +0.023% | $3.8M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1304 | +0.583% | $424K | $146K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA