Funding you earn now, next payment 00:00 UTC−0.0215%/8h= −23.5% APRpaid last 24h +0.103%
Price spread now: BloFin against Bybit−0.055%82s7-day average −0.177% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as 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−$1661.663% of the position
Funding, last 7 days+0.392%+$39 on $10k
+Price spread, last 3 days (all we have)+0.135%+$14 · spread now −0.055%, 7d avg −0.177%
=The price spread pays, funding is against you. BloFin is 0.122% dearer against Bybit than usual: you sell high and buy low (spread −0.055% now, against its 7-day average of −0.177%): +$12 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 45 hours. Mind the row above: over the last 7 days funding on this pair paid +0.392%, so the current rate has only just turned against you. The two prices were read 82 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 | Bybit MINAUSDT | 0.1279 | −0.0123 | get 0.0062% / 4h | 19m 52s | $4.5M | $6.6M | 25x |
| Short | BloFin MINA-USDT | 0.1279 | −0.0338 | pay 0.0338% / 8h | 19m 52s | $256K | $293K | 50x |
Bybit MINAUSDT
BloFin MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$45.09
- Price spread: −0.055% → −0.177%
- $12.19
- Slippage, 4 orders
- −$143.27
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$199.17
- Costs to cover
- 1.663%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; BloFin: live order book, 55 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, 3 min ago | 3.52 bp | 61.9 bp −$62 | 172.0 bp −$1,720 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 55 min ago | 0.79 bp | 19.2 bp −$19 | 56.7 bp −$567 | 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 | −0.2378% | 1h | 0.1277 | −0.203% | $23K | $86K | 10x | as long as short |
| BloFin MINA-USDTshort | −0.0338% | 8h | 0.1279 | −0.055% | $256K | $293K | 50x | |
| Binance MINAUSDT | −0.0332% | 8h | 0.1278 | −0.119% | $4.4M | $33.5M | 50x | as long as short |
| MEXC MINA_USDT | −0.0332% | 8h | 0.1278 | −0.117% | $1.2M | $1.4M | 50x | as long as short |
| Bitget MINAUSDT | −0.0221% | 8h | 0.1277 | −0.180% | $1.8M | $3.8M | 50x | as long as short |
| Gate MINA_USDT | −0.0197% | 8h | 0.1278 | −0.094% | $414K | $968K | 50x | as long as short |
| Bybit MINAUSDTlong | −0.0123% | 4h | 0.1279 | long leg | $4.5M | $6.6M | 25x | |
| KuCoin MINAUSDTM | −0.0106% | 8h | 0.1279 | −0.055% | $770K | $502K | 30x | as long as short |
| OKX MINA-USDT-SWAP | −0.0101% | 4h | 0.1278 | −0.149% | $1.9M | $17.0M | 20x | as long as short |
| BingX MINA-USDT | −0.0054% | 8h | 0.1278 | −0.102% | — | $2.7M | — | as long as short |
Kraken Futures PF_MINAUSD
Binance MINAUSDT
MEXC MINA_USDT
Bitget MINAUSDT
Gate MINA_USDT
KuCoin MINAUSDTM
OKX MINA-USDT-SWAP
BingX MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1278 | −0.070% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1280 | +0.069% | $412K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA