Funding you earn now, next payment 08:00 UTC+0.0110%/8h= +12.0% APRnext payment +$1.10 per $10,000 · paid last 24h −0.002%
Price spread now: BingX against Gate+0.126%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$109as in the Funding arb table
Net, price: spread back to 7d avg − costs−$134as in the Price arb table
costs, in and out, $10k−$1441.440% of the position
Funding, last 7 days+0.346%+$35 on $10k
+Price spread, last 4 days (all we have)−0.162%−$16 · spread now +0.126%, 7d avg +0.029%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BingX is 0.097% dearer against Gate than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MINA_USDT | 0.1269 | −0.0168 | get 0.0168% / 8h | 4h 45m | $403K | $819K | 50x |
| Short | BingX MINA-USDT | 0.1270 | −0.0058 | pay 0.0058% / 8h | 4h 45m | — | $2.7M | — |
Gate MINA_USDT
BingX MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $23.1
- Price spread: +0.126% → +0.029%
- $9.72
- Slippage, 4 orders
- −$119.05
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$111.23
- Costs to cover
- 1.440%
- Break-even
- 40.7 days
Slippage from Gate: live order book, 11 min ago; BingX: live order book, 4 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, 11 min ago | 10.17 bp | 41.6 bp −$42 | 796.3 bp −$7,963 | doesn't fit | doesn't fit |
| Sell BingX live order book, 4 min ago | 6.70 bp | 28.2 bp −$28 | 80.9 bp −$809 | 332.5 bp −$33.2K | 412.6 bp −$206.3K |
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 | −0.2589% | 1h | 0.1274 | +0.397% | $20K | $82K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0386% | 4h | 0.1270 | +0.047% | $1.8M | $15.7M | 20x | as long as short |
| Bybit MINAUSDT | −0.0172% | 4h | 0.1271 | +0.173% | $4.4M | $5.9M | 25x | as long as short |
| Gate MINA_USDTlong | −0.0168% | 8h | 0.1269 | long leg | $403K | $819K | 50x | |
| KuCoin MINAUSDTM | −0.0124% | 8h | 0.1271 | +0.134% | $743K | $509K | 30x | as long as short |
| MEXC MINA_USDT | −0.0074% | 8h | 0.1269 | +0.024% | $1.1M | $1.3M | 50x | as long as short |
| Binance MINAUSDT | −0.0070% | 8h | 0.1270 | +0.079% | $4.3M | $31.3M | 50x | as long as short |
| Bitget MINAUSDT | −0.0062% | 8h | 0.1269 | −0.008% | $1.8M | $3.6M | 50x | as long as short |
| BloFin MINA-USDT | −0.0060% | 8h | 0.1270 | +0.047% | $246K | $259K | 50x | as long as short |
| BingX MINA-USDTshort | −0.0058% | 8h | 0.1270 | +0.126% | — | $2.7M | — |
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
Bybit MINAUSDT
KuCoin MINAUSDTM
MEXC MINA_USDT
Binance MINAUSDT
Bitget MINAUSDT
BloFin MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1269 | +0.008% | $3.2M | $2.5M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1272 | +0.249% | $410K | $86K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA