Funding you earn now, next payment 08:00 UTC+0.0069%/8h= +7.5% APRnext payment +$0.69 per $10,000 · paid last 24h +0.061%
Price spread now: Bitget against BloFin−0.062%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$790.785% of the position
Funding, last 7 days+0.038%+$4 on $10k
+Price spread, last 3 days (all we have)−0.040%−$4 · spread now −0.062%, 7d avg +0.040%
=Funding pays, the price is against you. Bitget is 0.102% cheaper against BloFin than usual: you would sell low and buy high (spread −0.062% now, against its 7-day average of +0.040%). If the spread goes back, that is −$10 on $10k: about 5.0 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.038% in total) that is about 19 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MINA-USDT | 0.1289 | −0.0297 | get 0.0297% / 8h | 7h 34m | $255K | $290K | 50x |
| Short | Bitget MINAUSDT | 0.1288 | −0.0228 | pay 0.0228% / 8h | 7h 34m | $1.8M | $3.8M | 50x |
BloFin MINA-USDT
Bitget MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $14.42
- Price spread: −0.062% → +0.040%
- −$10.21
- Slippage, 4 orders
- −$54.54
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$74.33
- Costs to cover
- 0.785%
- Break-even
- 43.1 days
Slippage from BloFin: live order book, 35 min ago; Bitget: live order book, 3 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, 35 min ago | 0.78 bp | 15.6 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 5.80 bp | 21.0 bp −$21 | 58.5 bp −$585 | 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 | −0.3326% | 1h | 0.1288 | −0.060% | $23K | $81K | 10x | as long as short |
| Bybit MINAUSDT | −0.0927% | 4h | 0.1290 | +0.078% | $4.5M | $6.6M | 25x | as long as short |
| Gate MINA_USDT | −0.0487% | 8h | 0.1288 | −0.078% | $415K | $947K | 50x | as long as short |
| MEXC MINA_USDT | −0.0323% | 8h | 0.1287 | −0.116% | $1.2M | $1.4M | 50x | as long as short |
| Binance MINAUSDT | −0.0322% | 8h | 0.1288 | −0.023% | $4.4M | $33.4M | 50x | as long as short |
| BloFin MINA-USDTlong | −0.0297% | 8h | 0.1289 | long leg | $255K | $290K | 50x | |
| Bitget MINAUSDTshort | −0.0228% | 8h | 0.1288 | −0.062% | $1.8M | $3.8M | 50x | |
| KuCoin MINAUSDTM | −0.0080% | 8h | 0.1288 | −0.031% | $773K | $502K | 30x | as long as short |
| BingX MINA-USDT | −0.0029% | 8h | 0.1289 | 0.000% | — | $2.7M | — | as long as short |
| OKX MINA-USDT-SWAP | +0.0035% | 4h | 0.1288 | −0.054% | $1.9M | $17.1M | 20x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
Gate MINA_USDT
MEXC MINA_USDT
Binance MINAUSDT
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 | 0.1289 | +0.008% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1292 | +0.244% | $417K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA