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: Gate against MEXC+0.085%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as 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)−0.085%−$8 · spread now +0.085%, 7d avg +0.032%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Gate is 0.053% dearer against MEXC than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MINA_USDT | 0.1297 | −0.0420 | get 0.0420% / 8h | 2h 49m | $1.3M | $1.5M | 50x |
| Short | Gate MINA_USDT | 0.1298 | −0.0263 | pay 0.0263% / 8h | 2h 49m | $423K | $974K | 50x |
MEXC MINA_USDT
Gate MINA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $32.97
- Price spread: +0.085% → +0.032%
- $5.3
- Slippage, 4 orders
- −$74.34
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$55.07
- Costs to cover
- 0.933%
- Break-even
- 18.7 days
Slippage from MEXC: live order book, 2 min ago; Gate: live order book, 37 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 | 2.31 bp | 8.6 bp −$9 | 54.0 bp −$540 | 95.0 bp −$9,502 | doesn't fit |
| Sell Gate live order book, 37 min ago | 10.02 bp | 40.1 bp −$40 | doesn't fit | 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 | −0.1240% | 4h | 0.1299 | +0.208% | $4.6M | $6.8M | 25x | as long as short |
| Kraken Futures PF_MINAUSD | −0.0696% | 1h | 0.1303 | +0.469% | $28K | $85K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0618% | 4h | 0.1298 | +0.069% | $2.0M | $17.6M | 20x | as long as short |
| BloFin MINA-USDT | −0.0444% | 8h | 0.1297 | −0.008% | $263K | $345K | 50x | as long as short |
| MEXC MINA_USDTlong | −0.0420% | 8h | 0.1297 | long leg | $1.3M | $1.5M | 50x | |
| Binance MINAUSDT | −0.0420% | 8h | 0.1296 | −0.023% | $4.6M | $34.0M | 50x | as long as short |
| Gate MINA_USDTshort | −0.0263% | 8h | 0.1298 | +0.085% | $423K | $974K | 50x | |
| Bitget MINAUSDT | −0.0251% | 8h | 0.1295 | −0.116% | $1.9M | $3.8M | 50x | as long as short |
| BingX MINA-USDT | −0.0197% | 8h | 0.1298 | +0.062% | — | $2.7M | — | as long as short |
| KuCoin MINAUSDTM | +0.0041% | 8h | 0.1297 | +0.054% | $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 | 0.1298 | +0.123% | $3.8M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1304 | +0.552% | $424K | $146K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA