Funding you earn now, next payment 08:00 UTC+0.0815%/8h= +89.2% APRpaid last 24h +0.061%
Price spread now: BingX against Bybit−0.070%7-day average −0.105% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$168as in the Price arb table
costs, in and out, $10k−$1721.718% of the position
Funding, last 7 days+0.867%+$87 on $10k
+Price spread, last 7 days−0.124%−$12 · spread now −0.070%, 7d avg −0.105%
=Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and BingX is 0.035% dearer against Bybit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.105%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MINAUSDT | 0.1291 | −0.0767 | get 0.0383% / 4h | 3h 27m | $4.4M | $5.2M | 25x |
| Short | BingX MINA-USDT | 0.1290 | 0.0048 | get 0.0048% / 8h | 3h 27m | — | $2.6M | — |
Bybit MINAUSDT
BingX MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bybit. 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
- $171.08
- Price spread: −0.070% → −0.105%
- $3.53
- Slippage, 4 orders
- −$150.85
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $2.76
- Costs to cover
- 1.718%
- Break-even
- 6.9 days
Slippage from Bybit: live order book, 5 min ago; BingX: live order book, 7 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 Bybit live order book, 5 min ago | 1.16 bp | 64.9 bp −$65 | 162.1 bp −$1,621 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 4.26 bp | 22.4 bp −$22 | 70.2 bp −$702 | 371.7 bp −$37.2K | 474.6 bp −$237.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINAUSDTlong | −0.0767% | 4h | 0.1291 | long leg | $4.4M | $5.2M | 25x | |
| OKX MINA-USDT-SWAP | −0.0406% | 4h | 0.1290 | −0.062% | $1.8M | $13.7M | 20x | as long as short |
| Gate MINA_USDT | −0.0154% | 8h | 0.1293 | +0.147% | $414K | $742K | 50x | as long as short |
| Hyperliquid MINA | +0.0004% | 1h | 0.1290 | −0.108% | $3.3M | $1.6M | 3x | as long as short |
| KuCoin MINAUSDTM | +0.0013% | 8h | 0.1289 | −0.139% | $759K | $495K | 30x | as long as short |
| Bitget MINAUSDT | +0.0027% | 8h | 0.1288 | −0.225% | $1.8M | $3.4M | 50x | as long as short |
| BloFin MINA-USDT | +0.0046% | 8h | 0.1291 | +0.008% | $245K | $228K | 50x | as long as short |
| MEXC MINA_USDT | +0.0047% | 8h | 0.1289 | −0.155% | $1.1M | $1.2M | 50x | as long as short |
| Binance MINAUSDT | +0.0048% | 8h | 0.1289 | −0.132% | $4.3M | $26.6M | 50x | as long as short |
| BingX MINA-USDTshort | +0.0048% | 8h | 0.1290 | −0.070% | — | $2.6M | — |
OKX MINA-USDT-SWAP
Gate MINA_USDT
Hyperliquid MINA
KuCoin MINAUSDTM
Bitget MINAUSDT
BloFin MINA-USDT
MEXC MINA_USDT
Binance MINAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MINA | +0.0100% | 4h | 0.1297 | +0.486% | $419K | $69K | — | as long as short |
| Kraken Futures PF_MINAUSD | +0.1337% | 1h | 0.1290 | −0.062% | $20K | $69K | 10x | as long as short |
Variational Omni MINA
Kraken Futures PF_MINAUSD