Funding you earn now, next payment 16:00 UTC+0.0157%/8h= +17.2% APRnext payment +$1.57 per $10,000 · paid last 24h +0.030%
Price spread now: Gate against BloFin+0.178%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1541.537% of the position
Funding, last 7 days+0.133%+$13 on $10k
+Price spread, last 4 days (all we have)−0.376%−$38 · spread now +0.178%, 7d avg +0.047%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Gate is 0.131% dearer against BloFin than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MINA-USDT | 0.1351 | −0.0921 | get 0.0921% / 8h | 4h 08m | $261K | $159K | 50x |
| Short | Gate MINA_USDT | 0.1353 | −0.0764 | pay 0.0764% / 8h | 4h 08m | $448K | $454K | 50x |
BloFin MINA-USDT
Gate MINA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BloFin. 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
- $32.94
- Price spread: +0.178% → +0.047%
- $13.09
- Slippage, 4 orders
- −$126.7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$107.67
- Costs to cover
- 1.537%
- Break-even
- 29.9 days
Slippage from BloFin: live order book, 26 min ago; Gate: live order book, 30 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 BloFin live order book, 26 min ago | 1.12 bp | 20.2 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 30 min ago | 9.97 bp | 51.1 bp −$51 | 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 | −0.3323% | 1h | 0.1352 | +0.097% | $22K | $34K | 10x | as long as short |
| Hyperliquid MINA | −0.2768% | 1h | 0.1346 | −0.370% | $3.3M | $1.3M | 3x | as long as short |
| Bitget MINAUSDT | −0.0933% | 8h | 0.1349 | −0.141% | $1.9M | $2.4M | 50x | as long as short |
| Binance MINAUSDT | −0.0926% | 8h | 0.1351 | +0.044% | $4.7M | $16.7M | 50x | as long as short |
| MEXC MINA_USDT | −0.0926% | 8h | 0.1349 | −0.155% | $1.3M | $868K | 50x | as long as short |
| BloFin MINA-USDTlong | −0.0921% | 8h | 0.1351 | long leg | $261K | $159K | 50x | |
| Gate MINA_USDTshort | −0.0764% | 8h | 0.1353 | +0.178% | $448K | $454K | 50x | |
| OKX MINA-USDT-SWAP | −0.0714% | 4h | 0.1349 | −0.104% | $1.9M | $7.8M | 20x | as long as short |
| KuCoin MINAUSDTM | −0.0604% | 8h | 0.1348 | −0.200% | $815K | $290K | 30x | as long as short |
| Bybit MINAUSDT | −0.0511% | 4h | 0.1352 | +0.118% | $4.8M | $3.6M | 25x | as long as short |
Kraken Futures PF_MINAUSD
Hyperliquid MINA
Bitget MINAUSDT
Binance MINAUSDT
MEXC MINA_USDT
OKX MINA-USDT-SWAP
KuCoin MINAUSDTM
Bybit MINAUSDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MINA-USDT | −0.0219% | 8h | 0.1353 | +0.133% | — | $2.4M | — | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1355 | +0.283% | $440K | $44K | — | as long as short |
BingX MINA-USDT
Variational Omni MINA