Funding you earn now, next payment 08:00 UTC+0.0049%/8h= +5.4% APRnext payment +$0.49 per $10,000 · paid last 24h +0.028%
Price spread now: BingX against Bitget+0.173%7-day average +0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$950.946% of the position
Funding, last 7 days+0.492%+$49 on $10k
+Price spread, last 7 days−0.144%−$14 · spread now +0.173%, 7d avg +0.042%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.131% dearer against Bitget than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MINAUSDT | 0.1330 | −0.0186 | get 0.0186% / 8h | 1h 32m | $1.9M | $3.3M | 50x |
| Short | BingX MINA-USDT | 0.1332 | −0.0137 | pay 0.0137% / 8h | 1h 32m | — | $2.6M | — |
Bitget MINAUSDT
BingX MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $10.29
- Price spread: +0.173% → +0.042%
- $13.12
- Slippage, 4 orders
- −$72.64
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$71.23
- Costs to cover
- 0.946%
- Break-even
- 55.5 days
Slippage from Bitget: live order book, 5 min ago; BingX: live order book, 7 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 Bitget live order book, 5 min ago | 6.76 bp | 19.5 bp −$20 | 81.8 bp −$818 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 5.63 bp | 26.1 bp −$26 | 75.5 bp −$755 | 356.1 bp −$35.6K | 448.5 bp −$224.3K |
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 | −0.2473% | 4h | 0.1333 | +0.256% | $4.6M | $5.0M | 25x | as long as short |
| Kraken Futures PF_MINAUSD | −0.1974% | 1h | 0.1330 | +0.054% | $21K | $62K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0692% | 4h | 0.1329 | −0.023% | $1.8M | $12.7M | 20x | as long as short |
| Hyperliquid MINA | −0.0679% | 1h | 0.1331 | +0.060% | $3.3M | $1.6M | 3x | as long as short |
| BloFin MINA-USDT | −0.0241% | 8h | 0.1329 | −0.038% | $251K | $191K | 50x | as long as short |
| Binance MINAUSDT | −0.0216% | 8h | 0.1331 | +0.107% | $4.4M | $24.9M | 50x | as long as short |
| MEXC MINA_USDT | −0.0214% | 8h | 0.1332 | +0.188% | $1.2M | $1.2M | 50x | as long as short |
| Gate MINA_USDT | −0.0186% | 8h | 0.1332 | +0.150% | $435K | $651K | 50x | as long as short |
| Bitget MINAUSDTlong | −0.0186% | 8h | 0.1330 | long leg | $1.9M | $3.3M | 50x | |
| BingX MINA-USDTshort | −0.0137% | 8h | 0.1332 | +0.173% | — | $2.6M | — |
Bybit MINAUSDT
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
Hyperliquid MINA
BloFin MINA-USDT
Binance MINAUSDT
MEXC MINA_USDT
Gate MINA_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MINAUSDTM | −0.0077% | 8h | 0.1330 | +0.023% | $770K | $455K | 30x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1329 | −0.051% | $429K | $67K | — | as long as short |
KuCoin MINAUSDTM
Variational Omni MINA