Funding you earn now, next payment 16:00 UTC+0.0051%/8h= +5.6% APRnext payment +$0.51 per $10,000 · paid last 24h +0.035%
Price spread now: Gate against MEXC+0.133%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1241.241% of the position
Funding, last 7 days+0.144%+$14 on $10k
+Price spread, last 4 days (all we have)−0.112%−$11 · spread now +0.133%, 7d avg +0.029%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.104% dearer against MEXC than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MINA_USDT | 0.1358 | −0.0859 | get 0.0859% / 8h | 5h 52m | $1.3M | $856K | 50x |
| Short | Gate MINA_USDT | 0.1359 | −0.0808 | pay 0.0808% / 8h | 5h 52m | $446K | $461K | 50x |
MEXC MINA_USDT
Gate MINA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $10.71
- Price spread: +0.133% → +0.029%
- $10.35
- Slippage, 4 orders
- −$105.1
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$103.04
- Costs to cover
- 1.241%
- Break-even
- 74.3 days
Slippage from MEXC: live order book, 2 min ago; Gate: live order book, 56 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, 2 min ago | 1.10 bp | 7.1 bp −$7 | 47.2 bp −$472 | 81.7 bp −$8,171 | 197.8 bp −$98.9K |
| Sell Gate live order book, 56 min ago | 8.82 bp | 54.9 bp −$55 | doesn't fit | doesn't fit | doesn't fit |
MINA on 12 exchanges
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 | −0.4302% | 1h | 0.1357 | −0.064% | $22K | $39K | 10x | as long as short |
| BloFin MINA-USDT | −0.0878% | 8h | 0.1357 | −0.052% | $260K | $158K | 50x | as long as short |
| OKX MINA-USDT-SWAP | −0.0867% | 4h | 0.1359 | +0.066% | $1.9M | $8.1M | 20x | as long as short |
| Binance MINAUSDT | −0.0861% | 8h | 0.1358 | +0.004% | $4.6M | $17.0M | 50x | as long as short |
| MEXC MINA_USDTlong | −0.0859% | 8h | 0.1358 | long leg | $1.3M | $856K | 50x | |
| Bitget MINAUSDT | −0.0827% | 8h | 0.1357 | −0.022% | $1.9M | $2.4M | 50x | as long as short |
| Gate MINA_USDTshort | −0.0808% | 8h | 0.1359 | +0.133% | $446K | $461K | 50x | |
| Bybit MINAUSDT | −0.0771% | 4h | 0.1362 | +0.346% | $4.8M | $3.8M | 25x | as long as short |
| KuCoin MINAUSDTM | −0.0550% | 8h | 0.1358 | +0.015% | $810K | $306K | 30x | as long as short |
| BingX MINA-USDT | −0.0308% | 8h | 0.1361 | +0.236% | — | $2.5M | — | as long as short |
Kraken Futures PF_MINAUSD
BloFin MINA-USDT
OKX MINA-USDT-SWAP
Binance MINAUSDT
Bitget MINAUSDT
Bybit MINAUSDT
KuCoin MINAUSDTM
BingX MINA-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | −0.0303% | 1h | 0.1358 | 0.000% | $3.3M | $1.3M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1351 | −0.471% | $440K | $54K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA