Funding you earn now, next payment 00:00 UTC+0.0289%/8h= +31.7% APRpaid last 24h −0.097%
Price spread now: Bybit against MEXC+0.194%7-day average +0.154% · you sell dearer than you buy
Net, funding: paid 7d − costs−$155as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1171.169% of the position
Funding, last 7 days−0.384%−$38 on $10k
+Price spread, last 7 days+0.041%+$4 · spread now +0.194%, 7d avg +0.154%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Bybit is 0.040% dearer against MEXC than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.154%. Mind the row above: over the last 7 days funding on this pair cost −0.384%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MINA_USDT | 0.1287 | −0.0363 | get 0.0363% / 8h | 57m 19s | $1.2M | $1.4M | 50x |
| Short | Bybit MINAUSDT | 0.1289 | −0.0074 | pay 0.0037% / 4h | 57m 19s | $4.5M | $6.7M | 25x |
MEXC MINA_USDT
Bybit MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $60.74
- Price spread: +0.194% → +0.154%
- $4.04
- Slippage, 4 orders
- −$101.9
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$52.13
- Costs to cover
- 1.169%
- Break-even
- 13.0 days
Slippage from MEXC: live order book, 4 min ago; Bybit: 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, 4 min ago | 3.12 bp | 8.3 bp −$8 | 51.2 bp −$512 | 101.3 bp −$10.1K | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.72 bp | 57.5 bp −$58 | 165.0 bp −$1,650 | 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 | −0.2359% | 1h | 0.1287 | +0.061% | $24K | $88K | 10x | as long as short |
| MEXC MINA_USDTlong | −0.0363% | 8h | 0.1287 | long leg | $1.2M | $1.4M | 50x | |
| Binance MINAUSDT | −0.0358% | 8h | 0.1287 | +0.023% | $4.4M | $33.6M | 50x | as long as short |
| BloFin MINA-USDT | −0.0332% | 8h | 0.1286 | −0.047% | $252K | $295K | 50x | as long as short |
| Bitget MINAUSDT | −0.0235% | 8h | 0.1288 | +0.070% | $1.8M | $3.8M | 50x | as long as short |
| OKX MINA-USDT-SWAP | −0.0204% | 4h | 0.1289 | +0.179% | $1.9M | $17.2M | 20x | as long as short |
| Gate MINA_USDT | −0.0174% | 8h | 0.1287 | 0.000% | $415K | $961K | 50x | as long as short |
| KuCoin MINAUSDTM | −0.0100% | 8h | 0.1285 | −0.171% | $774K | $504K | 30x | as long as short |
| Bybit MINAUSDTshort | −0.0074% | 4h | 0.1289 | +0.194% | $4.5M | $6.7M | 25x | |
| BingX MINA-USDT | −0.0043% | 8h | 0.1287 | 0.000% | — | $2.7M | — | as long as short |
Kraken Futures PF_MINAUSD
Binance MINAUSDT
BloFin MINA-USDT
Bitget MINAUSDT
OKX MINA-USDT-SWAP
Gate MINA_USDT
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 | 0.1286 | −0.054% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1281 | −0.449% | $410K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA