Funding you earn now, next payment 00:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.54 per $10,000 · paid last 24h +0.009%
Price spread now: BingX against Bitget+0.197%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$1041.040% of the position
Funding, last 7 days+0.514%+$51 on $10k
+Price spread, last 7 days−0.113%−$11 · spread now +0.197%, 7d avg +0.041%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BingX is 0.156% dearer against Bitget than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.041%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MINAUSDT | 0.1268 | −0.0256 | get 0.0256% / 8h | 2h 27m | $1.8M | $3.9M | 50x |
| Short | BingX MINA-USDT | 0.1270 | −0.0202 | pay 0.0202% / 8h | 2h 27m | — | $2.7M | — |
Bitget MINAUSDT
BingX MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Bitget. 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
- $11.34
- Price spread: +0.197% → +0.041%
- $15.58
- Slippage, 4 orders
- −$82.01
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$77.09
- Costs to cover
- 1.040%
- Break-even
- 54.6 days
Slippage from Bitget: live order book, 5 min ago; BingX: live order book, 2 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 Bitget live order book, 5 min ago | 8.62 bp | 27.9 bp −$28 | 117.1 bp −$1,171 | doesn't fit | doesn't fit |
| Sell BingX live order book, 2 min ago | 4.72 bp | 26.4 bp −$26 | 101.4 bp −$1,014 | 336.6 bp −$33.7K | 419.4 bp −$209.7K |
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 | −0.0713% | 1h | 0.1271 | +0.278% | $25K | $91K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0600% | 4h | 0.1270 | +0.181% | $1.9M | $17.2M | 20x | as long as short |
| Bybit MINAUSDT | −0.0460% | 4h | 0.1272 | +0.331% | $4.5M | $6.8M | 25x | as long as short |
| Binance MINAUSDT | −0.0427% | 8h | 0.1270 | +0.158% | $4.4M | $34.1M | 50x | as long as short |
| MEXC MINA_USDT | −0.0424% | 8h | 0.1270 | +0.134% | $1.2M | $1.5M | 50x | as long as short |
| BloFin MINA-USDT | −0.0413% | 8h | 0.1271 | +0.229% | $261K | $322K | 50x | as long as short |
| Gate MINA_USDT | −0.0277% | 8h | 0.1272 | +0.315% | $416K | $979K | 50x | as long as short |
| Bitget MINAUSDTlong | −0.0256% | 8h | 0.1268 | long leg | $1.8M | $3.9M | 50x | |
| BingX MINA-USDTshort | −0.0202% | 8h | 0.1270 | +0.197% | — | $2.7M | — | |
| KuCoin MINAUSDTM | +0.0012% | 8h | 0.1270 | +0.134% | $767K | $513K | 30x | as long as short |
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
Bybit MINAUSDT
Binance MINAUSDT
MEXC MINA_USDT
BloFin MINA-USDT
Gate MINA_USDT
KuCoin MINAUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1270 | +0.152% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1274 | +0.473% | $413K | $149K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA