Funding you earn now, next payment 08:00 UTC+0.0294%/8h= +32.2% APRnext payment +$2.94 per $10,000 · paid last 24h +0.089%
Price spread now: BingX against BloFin+0.186%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$880.883% of the position
Funding, last 7 days+0.529%+$53 on $10k
+Price spread, last 3 days (all we have)−0.316%−$32 · spread now +0.186%, 7d avg +0.068%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BingX is 0.118% dearer against BloFin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.068%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MINA-USDT | 0.1292 | −0.0321 | get 0.0321% / 8h | 7h 28m | $256K | $291K | 50x |
| Short | BingX MINA-USDT | 0.1295 | −0.0027 | pay 0.0027% / 8h | 7h 28m | — | $2.7M | — |
BloFin MINA-USDT
BingX MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $61.78
- Price spread: +0.186% → +0.068%
- $11.78
- Slippage, 4 orders
- −$66.29
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$14.72
- Costs to cover
- 0.883%
- Break-even
- 8.7 days
Slippage from BloFin: live order book, 41 min ago; BingX: live order book, 6 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, 41 min ago | 0.78 bp | 15.6 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 5.05 bp | 28.3 bp −$28 | 71.8 bp −$718 | 334.1 bp −$33.4K | 440.4 bp −$220.2K |
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 | −0.3324% | 1h | 0.1289 | −0.248% | $23K | $81K | 10x | as long as short |
| Bybit MINAUSDT | −0.1022% | 4h | 0.1295 | +0.232% | $4.5M | $6.6M | 25x | as long as short |
| Gate MINA_USDT | −0.0465% | 8h | 0.1295 | +0.217% | $420K | $948K | 50x | as long as short |
| Binance MINAUSDT | −0.0330% | 8h | 0.1293 | +0.093% | $4.4M | $33.3M | 50x | as long as short |
| MEXC MINA_USDT | −0.0329% | 8h | 0.1293 | +0.093% | $1.2M | $1.4M | 50x | as long as short |
| BloFin MINA-USDTlong | −0.0321% | 8h | 0.1292 | long leg | $256K | $291K | 50x | |
| Bitget MINAUSDT | −0.0239% | 8h | 0.1293 | +0.101% | $1.8M | $3.8M | 50x | as long as short |
| KuCoin MINAUSDTM | −0.0089% | 8h | 0.1293 | +0.062% | $775K | $500K | 30x | as long as short |
| BingX MINA-USDTshort | −0.0027% | 8h | 0.1295 | +0.186% | — | $2.7M | — | |
| OKX MINA-USDT-SWAP | +0.0045% | 4h | 0.1293 | +0.070% | $1.9M | $17.2M | 20x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
Gate MINA_USDT
Binance MINAUSDT
MEXC MINA_USDT
Bitget MINAUSDT
KuCoin MINAUSDTM
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 | 0.1292 | +0.015% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1292 | −0.015% | $416K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA