Funding you earn now, next payment 08:00 UTC−0.0024%/8h= −2.6% APRnext payment −$0.24 per $10,000 · paid last 24h −0.094%
Price spread now: MEXC against BingX−0.016%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$670.673% of the position
Funding, last 7 days−0.536%−$54 on $10k
+Price spread, last 7 days−0.064%−$6 · spread now −0.016%, 7d avg −0.046%
=The price spread pays, funding is against you. MEXC is 0.030% dearer against BingX than usual: you sell high and buy low (spread −0.016% now, against its 7-day average of −0.046%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.2 days. At the pace of the last 7 days (−0.536% in total) that is about 9 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MINA-USDT | 0.1287 | −0.0087 | get 0.0087% / 8h | 5h 07m | — | $2.7M | — |
| Short | MEXC MINA_USDT | 0.1287 | −0.0111 | pay 0.0111% / 8h | 5h 07m | $1.2M | $1.4M | 50x |
BingX MINA-USDT
MEXC MINA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$5.04
- Price spread: −0.016% → −0.046%
- $3.03
- Slippage, 4 orders
- −$53.28
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$69.29
- Costs to cover
- 0.673%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; MEXC: live order book, 4 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, 7 min ago | 6.20 bp | 33.6 bp −$34 | 117.5 bp −$1,175 | 364.7 bp −$36.5K | 423.7 bp −$211.8K |
| Sell MEXC live order book, 4 min ago | 2.33 bp | 7.6 bp −$8 | 49.0 bp −$490 | 100.1 bp −$10.0K | 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 | −0.5088% | 1h | 0.1292 | +0.385% | $20K | $82K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0345% | 4h | 0.1288 | +0.016% | $1.8M | $16.3M | 20x | as long as short |
| Bybit MINAUSDT | −0.0325% | 4h | 0.1289 | +0.148% | $4.5M | $5.9M | 25x | as long as short |
| Gate MINA_USDT | −0.0151% | 8h | 0.1287 | −0.039% | $410K | $909K | 50x | as long as short |
| KuCoin MINAUSDTM | −0.0132% | 8h | 0.1285 | −0.155% | $751K | $511K | 30x | as long as short |
| Binance MINAUSDT | −0.0111% | 8h | 0.1288 | +0.027% | $4.3M | $31.9M | 50x | as long as short |
| MEXC MINA_USDTshort | −0.0111% | 8h | 0.1287 | −0.016% | $1.2M | $1.4M | 50x | |
| Bitget MINAUSDT | −0.0109% | 8h | 0.1288 | +0.023% | $1.9M | $3.7M | 50x | as long as short |
| BingX MINA-USDTlong | −0.0087% | 8h | 0.1287 | long leg | — | $2.7M | — | |
| BloFin MINA-USDT | −0.0085% | 8h | 0.1281 | −0.497% | $242K | $261K | 50x | as long as short |
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
Bybit MINAUSDT
Gate MINA_USDT
KuCoin MINAUSDTM
Binance MINAUSDT
Bitget MINAUSDT
BloFin MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1287 | 0.000% | $3.3M | $2.5M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1286 | −0.105% | $415K | $86K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA