Funding you earn now, next payment 08:00 UTC−0.0072%/8h= −7.9% APRnext payment −$0.72 per $10,000 · paid last 24h −0.094%
Price spread now: Binance against BingX0.000%7-day average −0.060% · you sell dearer than you buy
Net, funding: paid 7d − costs−$149as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$950.953% of the position
Funding, last 7 days−0.535%−$53 on $10k
+Price spread, last 7 days−0.054%−$5 · spread now 0.000%, 7d avg −0.060%
=The price spread pays, funding is against you. Binance is 0.060% dearer against BingX than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.060%): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.8 days. At the pace of the last 7 days (−0.535% in total) that is about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MINA-USDT | 0.1325 | −0.0147 | get 0.0147% / 8h | 1h 31m | — | $2.6M | — |
| Short | Binance MINAUSDT | 0.1325 | −0.0219 | pay 0.0219% / 8h | 1h 31m | $4.4M | $24.8M | 50x |
BingX MINA-USDT
Binance MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BingX. 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
- −$15.19
- Price spread: 0.000% → −0.060%
- $6
- Slippage, 4 orders
- −$75.29
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$104.48
- Costs to cover
- 0.953%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Binance: live order book, 10 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 BingX live order book, 9 min ago | 5.63 bp | 27.3 bp −$27 | 86.8 bp −$868 | 383.1 bp −$38.3K | 461.3 bp −$230.7K |
| Sell Binance live order book, 10 min ago | 0.38 bp | 21.7 bp −$22 | 107.3 bp −$1,073 | 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 | −0.2477% | 4h | 0.1327 | +0.113% | $4.5M | $5.0M | 25x | as long as short |
| Kraken Futures PF_MINAUSD | −0.1975% | 1h | 0.1330 | +0.359% | $21K | $62K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0691% | 4h | 0.1325 | −0.023% | $1.8M | $12.6M | 20x | as long as short |
| Hyperliquid MINA | −0.0644% | 1h | 0.1325 | −0.023% | $3.3M | $1.6M | 3x | as long as short |
| BloFin MINA-USDT | −0.0233% | 8h | 0.1322 | −0.234% | $250K | $190K | 50x | as long as short |
| Binance MINAUSDTshort | −0.0219% | 8h | 0.1325 | 0.000% | $4.4M | $24.8M | 50x | |
| MEXC MINA_USDT | −0.0215% | 8h | 0.1325 | −0.023% | $1.2M | $1.2M | 50x | as long as short |
| Gate MINA_USDT | −0.0196% | 8h | 0.1323 | −0.189% | $432K | $655K | 50x | as long as short |
| Bitget MINAUSDT | −0.0192% | 8h | 0.1323 | −0.128% | $1.9M | $3.3M | 50x | as long as short |
| BingX MINA-USDTlong | −0.0147% | 8h | 0.1325 | long leg | — | $2.6M | — |
Bybit MINAUSDT
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
Hyperliquid MINA
BloFin MINA-USDT
MEXC MINA_USDT
Gate MINA_USDT
Bitget MINAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MINAUSDTM | −0.0085% | 8h | 0.1325 | −0.030% | $775K | $456K | 30x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1329 | +0.296% | $429K | $67K | — | as long as short |
KuCoin MINAUSDTM
Variational Omni MINA