Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against MEXC+0.174%79s7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$690.686% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)+0.728%+$73 · spread now +0.174%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.179% dearer against MEXC than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of −0.005%. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MINA_USDT | 0.1267 | −0.0164 | get 0.0164% / 8h | 5h 33m | $1.2M | $1.4M | 50x |
| Short | BloFin MINA-USDT | 0.1269 | −0.0156 | pay 0.0156% / 8h | 5h 33m | $245K | $272K | 50x |
MEXC MINA_USDT
BloFin MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $1.64
- Price spread: +0.174% → −0.005%
- $17.91
- Slippage, 4 orders
- −$52.57
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$49.02
- Costs to cover
- 0.686%
- Break-even
- 215.8 days
Slippage from MEXC: live order book, 2 min ago; BloFin: live order book, 5 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, 2 min ago | 0.39 bp | 7.5 bp −$7 | 52.9 bp −$529 | 96.2 bp −$9,619 | doesn't fit |
| Sell BloFin live order book, 5 min ago | 13.03 bp | 27.4 bp −$27 | 65.4 bp −$654 | 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 | −0.5199% | 1h | 0.1265 | −0.157% | $23K | $78K | 10x | as long as short |
| Bybit MINAUSDT | −0.0374% | 4h | 0.1266 | −0.032% | $4.4M | $6.1M | 25x | as long as short |
| OKX MINA-USDT-SWAP | −0.0268% | 4h | 0.1266 | −0.079% | $1.8M | $16.4M | 20x | as long as short |
| Gate MINA_USDT | −0.0227% | 8h | 0.1267 | +0.032% | $405K | $900K | 50x | as long as short |
| Binance MINAUSDT | −0.0165% | 8h | 0.1267 | −0.016% | $4.2M | $32.4M | 50x | as long as short |
| MEXC MINA_USDTlong | −0.0164% | 8h | 0.1267 | long leg | $1.2M | $1.4M | 50x | |
| Bitget MINAUSDT | −0.0161% | 8h | 0.1267 | −0.008% | $1.8M | $3.7M | 50x | as long as short |
| BloFin MINA-USDTshort | −0.0156% | 8h | 0.1269 | +0.174% | $245K | $272K | 50x | |
| KuCoin MINAUSDTM | −0.0151% | 8h | 0.1268 | +0.071% | $733K | $509K | 30x | as long as short |
| BingX MINA-USDT | −0.0138% | 8h | 0.1266 | −0.047% | — | $2.7M | — | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
OKX MINA-USDT-SWAP
Gate MINA_USDT
Binance MINAUSDT
Bitget MINAUSDT
KuCoin MINAUSDTM
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 | 0.1267 | +0.032% | $3.3M | $2.5M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1273 | +0.486% | $410K | $87K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA