Funding you earn now, next payment 12:00 UTC−0.0074%/8h= −8.1% APRpaid last 24h −0.093%
Price spread now: Bybit against BingX+0.238%7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$272as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1821.821% of the position
Funding, last 7 days−0.898%−$90 on $10k
+Price spread, last 7 days−0.126%−$13 · spread now +0.238%, 7d avg +0.104%
=The price spread pays, funding is against you. Bybit is 0.134% dearer against BingX than usual: you sell high and buy low (spread +0.238% now, against its 7-day average of +0.104%): +$13 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.0 days. At the pace of the last 7 days (−0.898% in total) that is about 25 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MINA-USDT | 0.1345 | −0.0098 | get 0.0098% / 8h | 7h 09m | — | $2.5M | — |
| Short | Bybit MINAUSDT | 0.1348 | −0.0172 | pay 0.0086% / 4h | 3h 09m | $4.7M | $4.1M | 25x |
BingX MINA-USDT
Bybit MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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
- −$15.59
- Price spread: +0.238% → +0.104%
- $13.42
- Slippage, 4 orders
- −$161.14
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$184.31
- Costs to cover
- 1.821%
- Break-even
- never at this rate
Slippage from BingX: live order book, 10 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 BingX live order book, 10 min ago | 5.87 bp | 26.7 bp −$27 | 79.2 bp −$792 | 356.7 bp −$35.7K | 435.6 bp −$217.8K |
| Sell Bybit live order book, 3 min ago | 3.34 bp | 66.2 bp −$66 | 252.3 bp −$2,523 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MINA_USDT | −0.1047% | 8h | 0.1344 | −0.082% | $437K | $553K | 50x | as long as short |
| OKX MINA-USDT-SWAP | −0.0807% | 4h | 0.1346 | +0.052% | $1.9M | $9.5M | 20x | as long as short |
| Hyperliquid MINA | −0.0592% | 1h | 0.1344 | −0.052% | $3.3M | $1.4M | 3x | as long as short |
| BloFin MINA-USDT | −0.0586% | 8h | 0.1342 | −0.245% | $253K | $161K | 50x | as long as short |
| Binance MINAUSDT | −0.0560% | 8h | 0.1345 | +0.021% | $4.5M | $18.8M | 50x | as long as short |
| MEXC MINA_USDT | −0.0557% | 8h | 0.1345 | +0.015% | $1.3M | $1.1M | 50x | as long as short |
| Bitget MINAUSDT | −0.0526% | 8h | 0.1344 | −0.045% | $1.9M | $2.7M | 50x | as long as short |
| Kraken Futures PF_MINAUSD | −0.0511% | 1h | 0.1338 | −0.498% | $22K | $51K | 10x | as long as short |
| KuCoin MINAUSDTM | −0.0443% | 8h | 0.1342 | −0.223% | $798K | $379K | 30x | as long as short |
| Bybit MINAUSDTshort | −0.0172% | 4h | 0.1348 | +0.238% | $4.7M | $4.1M | 25x |
Gate MINA_USDT
OKX MINA-USDT-SWAP
Hyperliquid MINA
BloFin MINA-USDT
Binance MINAUSDT
MEXC MINA_USDT
Bitget MINAUSDT
Kraken Futures PF_MINAUSD
KuCoin MINAUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MINA-USDTlong | −0.0098% | 8h | 0.1345 | long leg | — | $2.5M | — | |
| Variational Omni MINA | +0.0100% | 4h | 0.1343 | −0.173% | $437K | $58K | — | as long as short |
Variational Omni MINA