Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.089%
Price spread now: BloFin against BingX+0.156%111s7-day average −0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$148as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$950.952% of the position
Funding, last 7 days−0.529%−$53 on $10k
+Price spread, last 4 days (all we have)+0.065%+$6 · spread now +0.156%, 7d avg −0.078%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.233% dearer against BingX than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.078%. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MINA-USDT | 0.1285 | 0.0048 | pay 0.0048% / 8h | 3h 25m | — | $2.6M | — |
| Short | BloFin MINA-USDT | 0.1287 | 0.0039 | get 0.0039% / 8h | 3h 25m | $243K | $227K | 50x |
BingX MINA-USDT
BloFin MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$1.84
- Price spread: +0.156% → −0.078%
- $23.32
- Slippage, 4 orders
- −$73.16
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$73.68
- Costs to cover
- 0.952%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; BloFin: live order book, 66 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 | 4.26 bp | 24.7 bp −$25 | 108.4 bp −$1,084 | 374.1 bp −$37.4K | 483.2 bp −$241.6K |
| Sell BloFin live order book, 66 min ago | 5.52 bp | 24.1 bp −$24 | 78.5 bp −$785 | 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 | −0.1003% | 4h | 0.1287 | +0.163% | $4.4M | $5.2M | 25x | as long as short |
| OKX MINA-USDT-SWAP | −0.0434% | 4h | 0.1285 | +0.031% | $1.8M | $13.6M | 20x | as long as short |
| Gate MINA_USDT | −0.0174% | 8h | 0.1284 | −0.047% | $410K | $743K | 50x | as long as short |
| KuCoin MINAUSDTM | +0.0006% | 8h | 0.1288 | +0.241% | $758K | $495K | 30x | as long as short |
| Bitget MINAUSDT | +0.0015% | 8h | 0.1285 | +0.016% | $1.8M | $3.4M | 50x | as long as short |
| Hyperliquid MINA | +0.0018% | 1h | 0.1285 | −0.008% | $3.2M | $1.6M | 3x | as long as short |
| MEXC MINA_USDT | +0.0033% | 8h | 0.1284 | −0.039% | $1.1M | $1.2M | 50x | as long as short |
| Binance MINAUSDT | +0.0034% | 8h | 0.1284 | −0.074% | $4.3M | $26.6M | 50x | as long as short |
| BloFin MINA-USDTshort | +0.0039% | 8h | 0.1287 | +0.156% | $243K | $227K | 50x | |
| BingX MINA-USDTlong | +0.0048% | 8h | 0.1285 | long leg | — | $2.6M | — |
Bybit MINAUSDT
OKX MINA-USDT-SWAP
Gate MINA_USDT
KuCoin MINAUSDTM
Bitget MINAUSDT
Hyperliquid MINA
MEXC MINA_USDT
Binance MINAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MINA | +0.0100% | 4h | 0.1287 | +0.133% | $415K | $69K | — | as long as short |
| Kraken Futures PF_MINAUSD | +0.1341% | 1h | 0.1286 | +0.119% | $20K | $65K | 10x | as long as short |
Variational Omni MINA
Kraken Futures PF_MINAUSD