Funding you earn now, next payment 08:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.22 per $10,000 · paid last 24h +0.005%
Price spread now: Binance against BloFin−0.019%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$870.875% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.072%−$7 · spread now −0.019%, 7d avg −0.056%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.037% dearer against BloFin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.056%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MIRA-USDT | 0.05372 | 0.0056 | pay 0.0028% / 4h | 2h 31m | $237K | $15K | 50x |
| Short | Binance MIRAUSDT | 0.05371 | 0.0100 | get 0.0050% / 4h | 2h 31m | $2.5M | $5.8M | 50x |
BloFin MIRA-USDT
Binance MIRAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $9.17
- Price spread: −0.019% → −0.056%
- $3.73
- Slippage, 4 orders
- −$65.48
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$74.58
- Costs to cover
- 0.875%
- Break-even
- 63.9 days
Slippage from BloFin: live order book, 50 min ago; Binance: live order book, 7 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 BloFin live order book, 50 min ago | 2.74 bp | 25.9 bp −$26 | 87.2 bp −$872 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.86 bp | 23.0 bp −$23 | 107.0 bp −$1,070 | doesn't fit | doesn't fit |
MIRA on 8 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_MIRAUSD | +0.0035% | 1h | 0.05372 | +0.007% | $5K | $8K | 10x | as long as short |
| BloFin MIRA-USDTlong | +0.0056% | 4h | 0.05372 | long leg | $237K | $15K | 50x | |
| Binance MIRAUSDTshort | +0.0100% | 4h | 0.05371 | −0.019% | $2.5M | $5.8M | 50x | |
| Bybit MIRAUSDT | +0.0100% | 4h | 0.05380 | +0.149% | $1.1M | $1.2M | 25x | as long as short |
| Gate MIRA_USDT | +0.0100% | 4h | 0.05364 | −0.149% | $248K | $215K | 25x | as long as short |
| MEXC MIRA_USDT | +0.0100% | 4h | 0.05372 | 0.000% | $199K | $138K | 20x | as long as short |
| KuCoin MIRAUSDTM | +0.0100% | 4h | 0.05369 | −0.060% | $802K | $56K | 50x | as long as short |
| Bitget MIRAUSDT | +0.0100% | 4h | 0.05369 | −0.056% | $762K | $282K | 20x | as long as short |
Kraken Futures PF_MIRAUSD
Bybit MIRAUSDT
Gate MIRA_USDT
MEXC MIRA_USDT
KuCoin MIRAUSDTM
Bitget MIRAUSDT