Funding you earn now, next payment 04:00 UTC−0.1098%/8h= −120.3% APRpaid last 24h −0.182%
Price spread now: Bybit against Gate+0.132%7-day average +0.125% · you sell dearer than you buy
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1601.602% of the position
Funding, last 7 days−0.581%−$58 on $10k
+Price spread, last 4 days (all we have)−0.251%−$25 · spread now +0.132%, 7d avg +0.125%
=The price spread sits at its 7-day average of +0.125%, so right now this pair is about funding alone: −$33 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.581% in total (about -30.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MINA_USDT | 0.1285 | −0.0366 | get 0.0366% / 8h | 7h 09m | $413K | $954K | 50x |
| Short | Bybit MINAUSDT | 0.1287 | −0.1464 | pay 0.0732% / 4h | 3h 09m | $4.5M | $6.5M | 25x |
Gate MINA_USDT
Bybit MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$230.65
- Price spread: +0.132% → +0.125%
- $0.71
- Slippage, 4 orders
- −$134.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$390.18
- Costs to cover
- 1.602%
- Break-even
- never at this rate
Slippage from Gate: live order book, 62 min ago; Bybit: 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 Gate live order book, 62 min ago | 11.31 bp | 40.6 bp −$41 | 1423.8 bp −$14.2K | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.72 bp | 53.6 bp −$54 | 170.2 bp −$1,702 | 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 | −0.3346% | 1h | 0.1280 | −0.374% | $23K | $81K | 10x | as long as short |
| Bybit MINAUSDTshort | −0.1464% | 4h | 0.1287 | +0.132% | $4.5M | $6.5M | 25x | |
| Gate MINA_USDTlong | −0.0366% | 8h | 0.1285 | long leg | $413K | $954K | 50x | |
| Binance MINAUSDT | −0.0336% | 8h | 0.1285 | 0.000% | $4.4M | $33.3M | 50x | as long as short |
| MEXC MINA_USDT | −0.0336% | 8h | 0.1285 | −0.008% | $1.2M | $1.4M | 50x | as long as short |
| BloFin MINA-USDT | −0.0307% | 8h | 0.1283 | −0.171% | $255K | $289K | 50x | as long as short |
| Bitget MINAUSDT | −0.0254% | 8h | 0.1288 | +0.179% | $1.8M | $3.8M | 50x | as long as short |
| KuCoin MINAUSDTM | −0.0105% | 8h | 0.1286 | +0.070% | $768K | $502K | 30x | as long as short |
| BingX MINA-USDT | −0.0040% | 8h | 0.1286 | +0.031% | — | $2.7M | — | as long as short |
| OKX MINA-USDT-SWAP | +0.0053% | 4h | 0.1285 | −0.039% | $1.9M | $17.1M | 20x | as long as short |
Kraken Futures PF_MINAUSD
Binance MINAUSDT
MEXC MINA_USDT
BloFin 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 | 0.1286 | +0.039% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1285 | +0.019% | $414K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA