Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.7% APRnext payment −$0.07 per $10,000 · paid last 24h +0.005%
Price spread now: BloFin against MEXC−0.117%49s7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as 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−$510.512% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 3 days (all we have)+0.384%+$38 · spread now −0.117%, 7d avg −0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BloFin is 0.113% cheaper against MEXC than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.004%. The two prices were read 49 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 | MEXC MINA_USDT | 0.1283 | −0.0307 | get 0.0307% / 8h | 7h 52m | $1.2M | $1.4M | 50x |
| Short | BloFin MINA-USDT | 0.1281 | −0.0314 | pay 0.0314% / 8h | 7h 52m | $255K | $293K | 50x |
MEXC MINA_USDT
BloFin MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$1.38
- Price spread: −0.117% → −0.004%
- −$11.29
- Slippage, 4 orders
- −$35.15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$63.82
- Costs to cover
- 0.512%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 17 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, 4 min ago | 0.78 bp | 5.4 bp −$5 | 49.6 bp −$496 | 82.0 bp −$8,196 | doesn't fit |
| Sell BloFin live order book, 17 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 | −0.3347% | 1h | 0.1280 | −0.219% | $23K | $86K | 10x | as long as short |
| Bybit MINAUSDT | −0.1763% | 4h | 0.1285 | +0.171% | $4.5M | $6.6M | 25x | as long as short |
| Gate MINA_USDT | −0.0753% | 8h | 0.1280 | −0.203% | $414K | $945K | 50x | as long as short |
| BloFin MINA-USDTshort | −0.0314% | 8h | 0.1281 | −0.117% | $255K | $293K | 50x | |
| Binance MINAUSDT | −0.0312% | 8h | 0.1282 | −0.036% | $4.4M | $33.4M | 50x | as long as short |
| MEXC MINA_USDTlong | −0.0307% | 8h | 0.1283 | long leg | $1.2M | $1.4M | 50x | |
| Bitget MINAUSDT | −0.0199% | 8h | 0.1282 | −0.031% | $1.8M | $3.8M | 50x | as long as short |
| KuCoin MINAUSDTM | −0.0083% | 8h | 0.1283 | −0.016% | $770K | $502K | 30x | as long as short |
| BingX MINA-USDT | −0.0005% | 8h | 0.1283 | +0.039% | — | $2.7M | — | as long as short |
| OKX MINA-USDT-SWAP | +0.0003% | 4h | 0.1283 | +0.008% | $1.9M | $17.1M | 20x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
Gate MINA_USDT
Binance MINAUSDT
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 | 0.1283 | +0.047% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1289 | +0.481% | $414K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA