Funding you earn now, next payment 08:00 UTC+0.0006%/8h= +0.6% APRnext payment +$0.06 per $10,000 · paid last 24h −0.005%
Price spread now: Binance against BloFin+0.096%101s7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$91as 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−$900.903% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 4 days (all we have)−0.572%−$57 · spread now +0.096%, 7d avg +0.006%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.090% dearer against BloFin than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.006%. The two prices were read 101 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 | BloFin MINA-USDT | 0.1274 | 0.0004 | pay 0.0004% / 8h | 4h 17m | $241K | $235K | 50x |
| Short | Binance MINAUSDT | 0.1276 | 0.0010 | get 0.0010% / 8h | 4h 17m | $4.3M | $29.1M | 50x |
BloFin MINA-USDT
Binance MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- $1.17
- Price spread: +0.096% → +0.006%
- $8.99
- Slippage, 4 orders
- −$68.32
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$80.15
- Costs to cover
- 0.903%
- Break-even
- 485.5 days
Slippage from BloFin: live order book, 14 min ago; Binance: live order book, 9 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 BloFin live order book, 14 min ago | 5.52 bp | 24.0 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.18 bp | 18.6 bp −$19 | 94.6 bp −$946 | 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 | −0.2578% | 1h | 0.1279 | +0.384% | $20K | $76K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0377% | 4h | 0.1276 | +0.094% | $1.8M | $14.9M | 20x | as long as short |
| Gate MINA_USDT | −0.0120% | 8h | 0.1274 | −0.008% | $403K | $833K | 50x | as long as short |
| KuCoin MINAUSDTM | −0.0059% | 8h | 0.1276 | +0.110% | $744K | $500K | 30x | as long as short |
| Bitget MINAUSDT | +0.0001% | 8h | 0.1275 | +0.047% | $1.8M | $3.5M | 50x | as long as short |
| BloFin MINA-USDTlong | +0.0004% | 8h | 0.1274 | long leg | $241K | $235K | 50x | |
| MEXC MINA_USDT | +0.0005% | 8h | 0.1275 | +0.039% | $1.1M | $1.3M | 50x | as long as short |
| Binance MINAUSDTshort | +0.0010% | 8h | 0.1276 | +0.096% | $4.3M | $29.1M | 50x | |
| BingX MINA-USDT | +0.0019% | 8h | 0.1275 | +0.086% | — | $2.7M | — | as long as short |
| Bybit MINAUSDT | +0.0055% | 4h | 0.1277 | +0.188% | $4.4M | $5.6M | 25x | as long as short |
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
Gate MINA_USDT
KuCoin MINAUSDTM
Bitget MINAUSDT
MEXC MINA_USDT
BingX MINA-USDT
Bybit MINAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1275 | +0.009% | $3.2M | $1.7M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1281 | +0.531% | $412K | $73K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA