Funding you earn now, next payment 12:00 UTC−0.0710%/8h= −77.7% APRpaid last 24h +0.072%
Price spread now: Gate against Bybit−0.213%7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$164as in the Funding arb table
Net, price: spread back to 7d avg − costs−$224as in the Price arb table
costs, in and out, $10k−$2162.158% of the position
Funding, last 7 days+0.522%+$52 on $10k
+Price spread, last 4 days (all we have)+1.619%+$162 · spread now −0.213%, 7d avg −0.128%
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Gate is 0.084% cheaper against Bybit than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.128%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.522%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MINAUSDT | 0.1364 | −0.0278 | get 0.0139% / 4h | 3h 03m | $4.8M | $4.1M | 25x |
| Short | Gate MINA_USDT | 0.1362 | −0.0988 | pay 0.0988% / 8h | 7h 03m | $443K | $554K | 50x |
Bybit MINAUSDT
Gate MINA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$149.01
- Price spread: −0.213% → −0.128%
- −$8.41
- Slippage, 4 orders
- −$189.77
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$373.19
- Costs to cover
- 2.158%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 27 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, 4 min ago | 2.95 bp | 60.0 bp −$60 | 340.9 bp −$3,409 | doesn't fit | doesn't fit |
| Sell Gate live order book, 27 min ago | 7.74 bp | 45.0 bp −$45 | doesn't fit | 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_USDTshort | −0.0988% | 8h | 0.1362 | −0.213% | $443K | $554K | 50x | |
| OKX MINA-USDT-SWAP | −0.0823% | 4h | 0.1361 | −0.257% | $1.9M | $9.4M | 20x | as long as short |
| Hyperliquid MINA | −0.0655% | 1h | 0.1361 | −0.286% | $3.4M | $1.4M | 3x | as long as short |
| Binance MINAUSDT | −0.0590% | 8h | 0.1362 | −0.191% | $4.5M | $18.5M | 50x | as long as short |
| BloFin MINA-USDT | −0.0582% | 8h | 0.1357 | −0.535% | $259K | $162K | 50x | as long as short |
| MEXC MINA_USDT | −0.0580% | 8h | 0.1361 | −0.249% | $1.3M | $1.1M | 50x | as long as short |
| Bitget MINAUSDT | −0.0553% | 8h | 0.1362 | −0.198% | $1.9M | $2.7M | 50x | as long as short |
| Kraken Futures PF_MINAUSD | −0.0504% | 1h | 0.1357 | −0.530% | $22K | $51K | 10x | as long as short |
| KuCoin MINAUSDTM | −0.0447% | 8h | 0.1360 | −0.352% | $809K | $365K | 30x | as long as short |
| Bybit MINAUSDTlong | −0.0278% | 4h | 0.1364 | long leg | $4.8M | $4.1M | 25x |
OKX MINA-USDT-SWAP
Hyperliquid MINA
Binance MINAUSDT
BloFin MINA-USDT
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-USDT | −0.0068% | 8h | 0.1363 | −0.139% | — | $2.5M | — | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1365 | +0.020% | $442K | $58K | — | as long as short |
BingX MINA-USDT
Variational Omni MINA