Funding you earn now, next payment 08:00 UTC+0.0082%/8h= +9.0% APRnext payment +$0.82 per $10,000 · paid last 24h +0.094%
Price spread now: BingX against MEXC+0.119%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$630.626% of the position
Funding, last 7 days+0.536%+$54 on $10k
+Price spread, last 7 days−0.077%−$8 · spread now +0.119%, 7d avg +0.046%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.074% dearer against MEXC than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MINA_USDT | 0.1340 | −0.0297 | get 0.0297% / 8h | 16m 13s | $1.3M | $1.2M | 50x |
| Short | BingX MINA-USDT | 0.1342 | −0.0215 | pay 0.0215% / 8h | 16m 13s | — | $2.6M | — |
MEXC MINA_USDT
BingX MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against MEXC. 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
- $17.22
- Price spread: +0.119% → +0.046%
- $7.36
- Slippage, 4 orders
- −$48.58
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$38
- Costs to cover
- 0.626%
- Break-even
- 22.4 days
Slippage from MEXC: live order book, 5 min ago; BingX: live order book, 8 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 MEXC live order book, 5 min ago | 1.85 bp | 8.1 bp −$8 | 55.4 bp −$554 | 91.7 bp −$9,171 | doesn't fit |
| Sell BingX live order book, 8 min ago | 2.97 bp | 26.0 bp −$26 | 93.0 bp −$930 | 425.9 bp −$42.6K | 527.2 bp −$263.6K |
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 | −0.3587% | 1h | 0.1344 | +0.264% | $21K | $56K | 10x | as long as short |
| Bybit MINAUSDT | −0.1554% | 4h | 0.1345 | +0.351% | $4.8M | $4.7M | 25x | as long as short |
| OKX MINA-USDT-SWAP | −0.0765% | 4h | 0.1341 | +0.022% | $1.8M | $11.5M | 20x | as long as short |
| KuCoin MINAUSDTM | −0.0362% | 8h | 0.1340 | −0.015% | $792K | $435K | 30x | as long as short |
| Binance MINAUSDT | −0.0300% | 8h | 0.1341 | +0.052% | $4.4M | $22.1M | 50x | as long as short |
| MEXC MINA_USDTlong | −0.0297% | 8h | 0.1340 | long leg | $1.3M | $1.2M | 50x | |
| BloFin MINA-USDT | −0.0275% | 8h | 0.1343 | +0.164% | $245K | $169K | 50x | as long as short |
| Bitget MINAUSDT | −0.0271% | 8h | 0.1344 | +0.276% | $1.9M | $3.1M | 50x | as long as short |
| Hyperliquid MINA | −0.0244% | 1h | 0.1340 | −0.007% | $3.3M | $1.5M | 3x | as long as short |
| Gate MINA_USDT | −0.0222% | 8h | 0.1342 | +0.119% | $438K | $632K | 50x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
OKX MINA-USDT-SWAP
KuCoin MINAUSDTM
Binance MINAUSDT
BloFin MINA-USDT
Bitget MINAUSDT
Hyperliquid MINA
Gate MINA_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MINA-USDTshort | −0.0215% | 8h | 0.1342 | +0.119% | — | $2.6M | — | |
| Variational Omni MINA | +0.0100% | 4h | 0.1355 | +1.120% | $436K | $60K | — | as long as short |
Variational Omni MINA