Funding you earn now, next payment 04:00 UTC+0.0520%/8h= +56.9% APRpaid last 24h +0.153%
Price spread now: Bitget against Bybit−0.226%7-day average −0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1481.476% of the position
Funding, last 7 days+0.436%+$44 on $10k
+Price spread, last 7 days−0.060%−$6 · spread now −0.226%, 7d avg −0.148%
=Funding pays, the price is against you. Bitget is 0.078% cheaper against Bybit than usual: you would sell low and buy high (spread −0.226% now, against its 7-day average of −0.148%). If the spread goes back, that is −$8 on $10k: about 12 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.436% in total) that is about 30 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MINAUSDT | 0.1282 | −0.0721 | get 0.0361% / 4h | 2h 22m | $4.5M | $6.5M | 25x |
| Short | Bitget MINAUSDT | 0.1279 | −0.0201 | pay 0.0201% / 8h | 6h 22m | $1.8M | $3.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- $109.21
- Price spread: −0.226% → −0.148%
- −$7.83
- Slippage, 4 orders
- −$124.62
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$46.24
- Costs to cover
- 1.476%
- Break-even
- 10.0 days
Slippage from Bybit: live order book, 6 min ago; Bitget: live order book, 5 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 Bybit live order book, 6 min ago | 2.71 bp | 37.5 bp −$37 | 143.7 bp −$1,437 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 7.36 bp | 23.3 bp −$23 | 80.3 bp −$803 | doesn't fit | doesn't fit |
MINA on 11 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 | −0.5046% | 1h | 0.1273 | −0.709% | $23K | $79K | 10x | as long as short |
| Bybit MINAUSDTlong | −0.0721% | 4h | 0.1282 | long leg | $4.5M | $6.5M | 25x | |
| Binance MINAUSDT | −0.0263% | 8h | 0.1281 | −0.078% | $4.3M | $33.5M | 50x | as long as short |
| MEXC MINA_USDT | −0.0263% | 8h | 0.1280 | −0.195% | $1.2M | $1.4M | 50x | as long as short |
| Bitget MINAUSDTshort | −0.0201% | 8h | 0.1279 | −0.226% | $1.8M | $3.8M | 50x | |
| Gate MINA_USDT | −0.0176% | 8h | 0.1280 | −0.148% | $411K | $948K | 50x | as long as short |
| KuCoin MINAUSDTM | −0.0101% | 8h | 0.1278 | −0.312% | $742K | $517K | 30x | as long as short |
| OKX MINA-USDT-SWAP | −0.0051% | 4h | 0.1280 | −0.117% | $1.8M | $17.2M | 20x | as long as short |
| BingX MINA-USDT | −0.0031% | 8h | 0.1280 | −0.148% | — | $2.7M | — | as long as short |
| Hyperliquid MINA | +0.0100% | 1h | 0.1280 | −0.195% | $3.4M | $2.4M | 3x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MINA | +0.0100% | 4h | 0.1279 | −0.239% | $412K | $140K | — | as long as short |
Bybit MINAUSDT
Bitget MINAUSDT
Kraken Futures PF_MINAUSD
Binance MINAUSDT
MEXC MINA_USDT
Gate MINA_USDT
KuCoin MINAUSDTM
OKX MINA-USDT-SWAP
BingX MINA-USDT
Hyperliquid MINA
Variational Omni MINA