Funding you earn now, next payment 00:00 UTC−0.0141%/8h= −15.4% APRnext payment −$1.41 per $10,000 · paid last 24h +0.018%
Price spread now: Gate against BingX−0.015%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1241.240% of the position
Funding, last 7 days−0.315%−$32 on $10k
+Price spread, last 4 days (all we have)+0.023%+$2 · spread now −0.015%, 7d avg −0.028%
=The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MINA-USDT | 0.1293 | −0.0024 | get 0.0024% / 8h | 50m 18s | — | $2.7M | — |
| Short | Gate MINA_USDT | 0.1293 | −0.0165 | pay 0.0165% / 8h | 50m 18s | $417K | $961K | 50x |
BingX MINA-USDT
Gate MINA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$29.61
- Price spread: −0.015% → −0.028%
- $1.29
- Slippage, 4 orders
- −$98.99
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$152.31
- Costs to cover
- 1.240%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Gate: live order book, 27 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 | 5.84 bp | 25.4 bp −$25 | 79.7 bp −$797 | 356.2 bp −$35.6K | 423.7 bp −$211.9K |
| Sell Gate live order book, 27 min ago | 5.49 bp | 35.7 bp −$36 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MINAUSD | −0.2358% | 1h | 0.1288 | −0.407% | $24K | $89K | 10x | as long as short |
| MEXC MINA_USDT | −0.0348% | 8h | 0.1293 | −0.046% | $1.2M | $1.4M | 50x | as long as short |
| Binance MINAUSDT | −0.0345% | 8h | 0.1291 | −0.156% | $4.4M | $33.7M | 50x | as long as short |
| BloFin MINA-USDT | −0.0320% | 8h | 0.1293 | −0.046% | $253K | $296K | 50x | as long as short |
| Bitget MINAUSDT | −0.0223% | 8h | 0.1291 | −0.162% | $1.9M | $3.8M | 50x | as long as short |
| Gate MINA_USDTshort | −0.0165% | 8h | 0.1293 | −0.015% | $417K | $961K | 50x | |
| OKX MINA-USDT-SWAP | −0.0160% | 4h | 0.1291 | −0.186% | $1.9M | $17.3M | 20x | as long as short |
| KuCoin MINAUSDTM | −0.0094% | 8h | 0.1293 | −0.039% | $779K | $500K | 30x | as long as short |
| Bybit MINAUSDT | −0.0067% | 4h | 0.1294 | +0.070% | $4.5M | $6.7M | 25x | as long as short |
| BingX MINA-USDTlong | −0.0024% | 8h | 0.1293 | long leg | — | $2.7M | — |
Kraken Futures PF_MINAUSD
MEXC MINA_USDT
Binance MINAUSDT
BloFin MINA-USDT
Bitget MINAUSDT
OKX MINA-USDT-SWAP
KuCoin MINAUSDTM
Bybit MINAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1292 | −0.070% | $3.8M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1294 | +0.045% | $416K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA