Funding you earn now, next payment 08:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.94 per $10,000 · paid last 24h −0.066%
Price spread now: MEXC against Bitget+0.023%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$520.523% of the position
Funding, last 7 days−0.045%−$5 on $10k
+Price spread, last 7 days−0.003%$0 · spread now +0.023%, 7d avg −0.005%
=The price spread pays, funding is against you. MEXC is 0.028% dearer against Bitget than usual: you sell high and buy low (spread +0.023% now, against its 7-day average of −0.005%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.045% in total) that is about 4.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MINAUSDT | 0.1289 | −0.0233 | get 0.0233% / 8h | 7h 32m | $1.8M | $3.8M | 50x |
| Short | MEXC MINA_USDT | 0.1289 | −0.0327 | pay 0.0327% / 8h | 7h 32m | $1.2M | $1.4M | 50x |
Bitget MINAUSDT
MEXC MINA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$19.74
- Price spread: +0.023% → −0.005%
- $2.79
- Slippage, 4 orders
- −$36.27
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$69.21
- Costs to cover
- 0.523%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 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 Bitget live order book, 5 min ago | 5.80 bp | 18.7 bp −$19 | 59.9 bp −$599 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.77 bp | 5.2 bp −$5 | 45.3 bp −$453 | 74.8 bp −$7,484 | 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 | −0.3326% | 1h | 0.1288 | −0.072% | $23K | $81K | 10x | as long as short |
| Bybit MINAUSDT | −0.0921% | 4h | 0.1290 | +0.116% | $4.5M | $6.6M | 25x | as long as short |
| Gate MINA_USDT | −0.0532% | 8h | 0.1289 | −0.016% | $416K | $947K | 50x | as long as short |
| Binance MINAUSDT | −0.0328% | 8h | 0.1289 | +0.031% | $4.4M | $33.3M | 50x | as long as short |
| MEXC MINA_USDTshort | −0.0327% | 8h | 0.1289 | +0.023% | $1.2M | $1.4M | 50x | |
| BloFin MINA-USDT | −0.0318% | 8h | 0.1290 | +0.062% | $256K | $290K | 50x | as long as short |
| Bitget MINAUSDTlong | −0.0233% | 8h | 0.1289 | long leg | $1.8M | $3.8M | 50x | |
| KuCoin MINAUSDTM | −0.0089% | 8h | 0.1288 | −0.047% | $773K | $501K | 30x | as long as short |
| BingX MINA-USDT | −0.0029% | 8h | 0.1289 | +0.039% | — | $2.7M | — | as long as short |
| OKX MINA-USDT-SWAP | +0.0033% | 4h | 0.1289 | 0.000% | $1.9M | $17.2M | 20x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
Gate MINA_USDT
Binance MINAUSDT
BloFin MINA-USDT
KuCoin MINAUSDTM
BingX MINA-USDT
OKX MINA-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1290 | +0.070% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1292 | +0.229% | $417K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA