Funding you earn now, next payment 16:00 UTC+0.0380%/8h= +41.6% APRnext payment +$3.80 per $10,000 · paid last 24h −0.036%
Price spread now: Binance against Gate−0.096%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$132as in the Price arb table
costs, in and out, $10k−$1271.272% of the position
Funding, last 7 days−0.143%−$14 on $10k
+Price spread, last 4 days (all we have)−1.462%−$146 · spread now −0.096%, 7d avg −0.053%
=Funding pays, the price is against you. Binance is 0.044% cheaper against Gate than usual: you would sell low and buy high (spread −0.096% now, against its 7-day average of −0.053%). If the spread goes back, that is −$4 on $10k: about 9 hours of funding at the current rate (+$11 a day). Mind the row above: over the last 7 days funding on this pair cost −0.143%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.143% in total (about -7.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.80 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MINA_USDT | 0.1348 | −0.0920 | get 0.0920% / 8h | 7h 12m | $439K | $552K | 50x |
| Short | Binance MINAUSDT | 0.1347 | −0.0540 | pay 0.0540% / 8h | 7h 12m | $4.5M | $18.8M | 50x |
Gate MINA_USDT
Binance MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $79.8
- Price spread: −0.096% → −0.053%
- −$4.38
- Slippage, 4 orders
- −$102.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$51.82
- Costs to cover
- 1.272%
- Break-even
- 11.5 days
Slippage from Gate: live order book, 18 min ago; Binance: live order book, 13 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 Gate live order book, 18 min ago | 7.74 bp | 42.8 bp −$43 | 1679.9 bp −$16.8K | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.37 bp | 18.5 bp −$19 | 106.3 bp −$1,063 | 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_USDTlong | −0.0920% | 8h | 0.1348 | long leg | $439K | $552K | 50x | |
| OKX MINA-USDT-SWAP | −0.0806% | 4h | 0.1344 | −0.334% | $1.9M | $9.5M | 20x | as long as short |
| Hyperliquid MINA | −0.0635% | 1h | 0.1344 | −0.304% | $3.3M | $1.4M | 3x | as long as short |
| Binance MINAUSDTshort | −0.0540% | 8h | 0.1347 | −0.096% | $4.5M | $18.8M | 50x | |
| MEXC MINA_USDT | −0.0540% | 8h | 0.1345 | −0.282% | $1.3M | $1.1M | 50x | as long as short |
| BloFin MINA-USDT | −0.0525% | 8h | 0.1362 | +0.971% | $258K | $163K | 50x | as long as short |
| Bitget MINAUSDT | −0.0517% | 8h | 0.1346 | −0.193% | $1.9M | $2.7M | 50x | as long as short |
| Kraken Futures PF_MINAUSD | −0.0510% | 1h | 0.1339 | −0.672% | $22K | $52K | 10x | as long as short |
| KuCoin MINAUSDTM | −0.0436% | 8h | 0.1345 | −0.252% | $806K | $380K | 30x | as long as short |
| Bybit MINAUSDT | −0.0256% | 4h | 0.1347 | −0.133% | $4.8M | $4.1M | 25x | as long as short |
OKX MINA-USDT-SWAP
Hyperliquid MINA
MEXC MINA_USDT
BloFin MINA-USDT
Bitget MINAUSDT
Kraken Futures PF_MINAUSD
KuCoin MINAUSDTM
Bybit MINAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MINA-USDT | −0.0156% | 8h | 0.1348 | −0.067% | — | $2.5M | — | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1367 | +1.387% | $443K | $58K | — | as long as short |
BingX MINA-USDT
Variational Omni MINA