Funding you earn now, next payment 00:00 UTC+0.0165%/8h= +18.1% APRnext payment +$1.65 per $10,000 · paid last 24h +0.077%
Price spread now: Bitget against MEXC−0.108%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$640.639% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 7 days+0.031%+$3 · spread now −0.108%, 7d avg +0.003%
=Funding pays, the price is against you. Bitget is 0.110% cheaper against MEXC than usual: you would sell low and buy high (spread −0.108% now, against its 7-day average of +0.003%). If the spread goes back, that is −$11 on $10k: about 2.2 days of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.041% in total) that is about 19 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MINA_USDT | 0.1300 | −0.0417 | get 0.0417% / 8h | 2h 51m | $1.3M | $1.5M | 50x |
| Short | Bitget MINAUSDT | 0.1299 | −0.0252 | pay 0.0252% / 8h | 2h 51m | $1.9M | $3.8M | 50x |
MEXC MINA_USDT
Bitget MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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
- $34.65
- Price spread: −0.108% → +0.003%
- −$11.05
- Slippage, 4 orders
- −$47.88
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$40.28
- Costs to cover
- 0.639%
- Break-even
- 15.1 days
Slippage from MEXC: live order book, 5 min ago; Bitget: live order book, 1 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 MEXC live order book, 5 min ago | 1.14 bp | 5.3 bp −$5 | 52.7 bp −$527 | 95.4 bp −$9,538 | doesn't fit |
| Sell Bitget live order book, 1 min ago | 10.38 bp | 21.5 bp −$22 | 103.1 bp −$1,031 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINAUSDT | −0.1326% | 4h | 0.1301 | +0.054% | $4.6M | $6.8M | 25x | as long as short |
| Kraken Futures PF_MINAUSD | −0.0693% | 1h | 0.1308 | +0.606% | $28K | $85K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0623% | 4h | 0.1301 | +0.023% | $2.0M | $17.7M | 20x | as long as short |
| Binance MINAUSDT | −0.0421% | 8h | 0.1301 | +0.049% | $4.6M | $34.0M | 50x | as long as short |
| MEXC MINA_USDTlong | −0.0417% | 8h | 0.1300 | long leg | $1.3M | $1.5M | 50x | |
| BloFin MINA-USDT | −0.0383% | 8h | 0.1303 | +0.185% | $262K | $347K | 50x | as long as short |
| Gate MINA_USDT | −0.0267% | 8h | 0.1299 | −0.108% | $423K | $973K | 50x | as long as short |
| Bitget MINAUSDTshort | −0.0252% | 8h | 0.1299 | −0.108% | $1.9M | $3.8M | 50x | |
| BingX MINA-USDT | −0.0193% | 8h | 0.1301 | +0.054% | — | $2.7M | — | as long as short |
| KuCoin MINAUSDTM | +0.0042% | 8h | 0.1302 | +0.108% | $819K | $502K | 30x | as long as short |
Bybit MINAUSDT
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
Binance MINAUSDT
BloFin MINA-USDT
Gate MINA_USDT
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 | 0.1302 | +0.092% | $3.8M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1307 | +0.507% | $421K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA