Funding you earn now, next payment 08:00 UTC+0.0222%/8h= +24.3% APRnext payment +$2.22 per $10,000 · paid last 24h −0.090%
Price spread now: BloFin against Gate+0.039%7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$1131.132% of the position
Funding, last 7 days−0.182%−$18 on $10k
+Price spread, last 3 days (all we have)+0.107%+$11 · spread now +0.039%, 7d avg −0.035%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.074% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.035%. Mind the row above: over the last 7 days funding on this pair cost −0.182%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MINA_USDT | 0.1289 | −0.0540 | get 0.0540% / 8h | 7h 33m | $416K | $947K | 50x |
| Short | BloFin MINA-USDT | 0.1290 | −0.0318 | pay 0.0318% / 8h | 7h 33m | $256K | $290K | 50x |
Gate MINA_USDT
BloFin MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $46.69
- Price spread: +0.039% → −0.035%
- $7.38
- Slippage, 4 orders
- −$86.2
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$59.12
- Costs to cover
- 1.132%
- Break-even
- 15.9 days
Slippage from Gate: live order book, 39 min ago; BloFin: live order book, 37 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 Gate live order book, 39 min ago | 11.31 bp | 40.6 bp −$41 | 1423.8 bp −$14.2K | doesn't fit | doesn't fit |
| Sell BloFin live order book, 37 min ago | 0.78 bp | 23.1 bp −$23 | 67.8 bp −$678 | 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 | −0.095% | $23K | $81K | 10x | as long as short |
| Bybit MINAUSDT | −0.0938% | 4h | 0.1290 | +0.101% | $4.5M | $6.6M | 25x | as long as short |
| Gate MINA_USDTlong | −0.0540% | 8h | 0.1289 | long leg | $416K | $947K | 50x | |
| Binance MINAUSDT | −0.0328% | 8h | 0.1289 | −0.039% | $4.4M | $33.3M | 50x | as long as short |
| MEXC MINA_USDT | −0.0327% | 8h | 0.1289 | −0.039% | $1.2M | $1.4M | 50x | as long as short |
| BloFin MINA-USDTshort | −0.0318% | 8h | 0.1290 | +0.039% | $256K | $290K | 50x | |
| Bitget MINAUSDT | −0.0232% | 8h | 0.1288 | −0.132% | $1.8M | $3.8M | 50x | as long as short |
| KuCoin MINAUSDTM | −0.0088% | 8h | 0.1288 | −0.062% | $773K | $501K | 30x | as long as short |
| BingX MINA-USDT | −0.0029% | 8h | 0.1290 | +0.047% | — | $2.7M | — | as long as short |
| OKX MINA-USDT-SWAP | +0.0033% | 4h | 0.1288 | −0.054% | $1.9M | $17.2M | 20x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
Binance MINAUSDT
MEXC MINA_USDT
Bitget 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 | 0.1290 | +0.039% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1292 | +0.206% | $417K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA