Funding you earn now, next payment 16:00 UTC+0.0390%/8h= +42.7% APRnext payment +$3.90 per $10,000 · paid last 24h +0.036%
Price spread now: Gate against Binance−0.194%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$128as in the Funding arb table
Net, price: spread back to 7d avg − costs−$167as in the Price arb table
costs, in and out, $10k−$1421.421% of the position
Funding, last 7 days+0.143%+$14 on $10k
+Price spread, last 4 days (all we have)+1.753%+$175 · spread now −0.194%, 7d avg +0.053%
=Funding pays, the price is against you. Gate is 0.247% cheaper against Binance than usual: you would sell low and buy high (spread −0.194% now, against its 7-day average of +0.053%). If the spread goes back, that is −$25 on $10k: about 2.1 days of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.143% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.143% in total (about 7.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.90 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MINAUSDT | 0.1369 | −0.0358 | get 0.0358% / 8h | 7h 48m | $4.5M | $21.3M | 50x |
| Short | Gate MINA_USDT | 0.1367 | 0.0032 | get 0.0032% / 8h | 7h 48m | $450K | $536K | 50x |
Binance MINAUSDT
Gate MINA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- $81.95
- Price spread: −0.194% → +0.053%
- −$24.67
- Slippage, 4 orders
- −$117.08
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$84.79
- Costs to cover
- 1.421%
- Break-even
- 14.2 days
Slippage from Binance: live order book, 7 min ago; Gate: live order book, 47 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 Binance live order book, 7 min ago | 2.59 bp | 17.6 bp −$18 | 116.4 bp −$1,164 | doesn't fit | doesn't fit |
| Sell Gate live order book, 47 min ago | 11.79 bp | 44.8 bp −$45 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX MINA-USDT-SWAP | −0.0755% | 4h | 0.1369 | −0.041% | $2.0M | $11.4M | 20x | as long as short |
| Kraken Futures PF_MINAUSD | −0.0499% | 1h | 0.1370 | +0.006% | $22K | $54K | 10x | as long as short |
| KuCoin MINAUSDTM | −0.0391% | 8h | 0.1367 | −0.194% | $823K | $434K | 30x | as long as short |
| Binance MINAUSDTlong | −0.0358% | 8h | 0.1369 | long leg | $4.5M | $21.3M | 50x | |
| MEXC MINA_USDT | −0.0347% | 8h | 0.1368 | −0.077% | $1.3M | $1.1M | 50x | as long as short |
| Bitget MINAUSDT | −0.0340% | 8h | 0.1367 | −0.209% | $2.0M | $3.0M | 50x | as long as short |
| BloFin MINA-USDT | −0.0337% | 8h | 0.1361 | −0.581% | $253K | $170K | 50x | as long as short |
| Hyperliquid MINA | −0.0272% | 1h | 0.1368 | −0.085% | $3.4M | $1.4M | 3x | as long as short |
| BingX MINA-USDT | −0.0197% | 8h | 0.1369 | −0.055% | — | $2.5M | — | as long as short |
| Gate MINA_USDTshort | +0.0032% | 8h | 0.1367 | −0.194% | $450K | $536K | 50x |
OKX MINA-USDT-SWAP
Kraken Futures PF_MINAUSD
KuCoin MINAUSDTM
MEXC MINA_USDT
Bitget MINAUSDT
BloFin MINA-USDT
Hyperliquid MINA
BingX MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINAUSDT | +0.0100% | 4h | 0.1371 | +0.113% | $4.8M | $4.6M | 25x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1371 | +0.089% | $442K | $61K | — | as long as short |
Bybit MINAUSDT
Variational Omni MINA