Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.7% APRnext payment +$0.24 per $10,000 · paid last 24h −0.005%
Price spread now: MEXC against BloFin+0.163%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$570.573% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 3 days (all we have)−0.377%−$38 · spread now +0.163%, 7d avg +0.004%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and MEXC is 0.159% dearer against BloFin than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MINA-USDT | 0.1290 | −0.0342 | get 0.0342% / 8h | 7h 01m | $254K | $290K | 50x |
| Short | MEXC MINA_USDT | 0.1292 | −0.0318 | pay 0.0318% / 8h | 7h 01m | $1.2M | $1.4M | 50x |
BloFin MINA-USDT
MEXC MINA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $5.11
- Price spread: +0.163% → +0.004%
- $15.86
- Slippage, 4 orders
- −$41.26
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$36.28
- Costs to cover
- 0.573%
- Break-even
- 56.7 days
Slippage from BloFin: live order book, 4 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 BloFin live order book, 4 min ago | 2.71 bp | 15.1 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.16 bp | 5.5 bp −$6 | 49.3 bp −$493 | 87.5 bp −$8,748 | 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 | −0.158% | $23K | $81K | 10x | as long as short |
| Bybit MINAUSDT | −0.1026% | 4h | 0.1293 | +0.209% | $4.5M | $6.5M | 25x | as long as short |
| BloFin MINA-USDTlong | −0.0342% | 8h | 0.1290 | long leg | $254K | $290K | 50x | |
| Binance MINAUSDT | −0.0318% | 8h | 0.1292 | +0.128% | $4.4M | $33.3M | 50x | as long as short |
| MEXC MINA_USDTshort | −0.0318% | 8h | 0.1292 | +0.163% | $1.2M | $1.4M | 50x | |
| Bitget MINAUSDT | −0.0245% | 8h | 0.1291 | +0.116% | $1.8M | $3.8M | 50x | as long as short |
| Gate MINA_USDT | −0.0196% | 8h | 0.1292 | +0.132% | $416K | $957K | 50x | as long as short |
| KuCoin MINAUSDTM | −0.0092% | 8h | 0.1292 | +0.147% | $769K | $504K | 30x | as long as short |
| BingX MINA-USDT | −0.0060% | 8h | 0.1292 | +0.132% | — | $2.7M | — | as long as short |
| OKX MINA-USDT-SWAP | +0.0076% | 4h | 0.1291 | +0.070% | $1.9M | $17.2M | 20x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
Binance MINAUSDT
Bitget MINAUSDT
Gate 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 | 0.1292 | +0.132% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1292 | +0.196% | $416K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA