Funding you earn now, next payment 04:00 UTC+0.0270%/8h= +29.6% APRpaid last 24h +0.038%
Price spread now: Variational Omni against Gate+0.113%7-day average +0.056% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.091%+$9 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.113%, 7d avg +0.056%
=Together, before fees+0.120%+ Points / potential airdropVariational Omni: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Variational Omni is 0.057% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.056%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.091% in total (about 9.8% a year). A funding rate is set anew for every payment. 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 | 0.1278 | −0.0170 | get 0.0170% / 8h | 6h 26m | $407K | $945K | 50x |
| Short | Variational Omni MINA | 0.1279 | 0.0100 | get 0.0050% / 4h | 2h 26m | $412K | $140K | — |
Gate MINA_USDT
Variational Omni MINAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $56.7
- Price spread: +0.113% → +0.056%
- $5.7
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $47.4
- Costs to cover
- 0.150%
- Break-even
- 1.1 days
Slippage unknown: Gate: live order book, 41 min ago; Variational Omni: RFQ quote, 43 min ago. Net counts fees only.
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, 41 min ago | 6.60 bp | 33.0 bp −$33 | 1491.1 bp −$14.9K | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 43 min ago | 11.67 bp | doesn't fit | 221.7 bp −$2,217 | 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 | −0.4997% | 1h | 0.1285 | +0.615% | $23K | $79K | 10x | as long as short |
| Bybit MINAUSDT | −0.0678% | 4h | 0.1279 | +0.149% | $4.5M | $6.5M | 25x | as long as short |
| MEXC MINA_USDT | −0.0267% | 8h | 0.1279 | +0.110% | $1.2M | $1.4M | 50x | as long as short |
| Binance MINAUSDT | −0.0264% | 8h | 0.1278 | +0.031% | $4.3M | $33.5M | 50x | as long as short |
| Bitget MINAUSDT | −0.0207% | 8h | 0.1278 | +0.078% | $1.8M | $3.8M | 50x | as long as short |
| Gate MINA_USDTlong | −0.0170% | 8h | 0.1278 | long leg | $407K | $945K | 50x | |
| KuCoin MINAUSDTM | −0.0084% | 8h | 0.1278 | +0.039% | $741K | $516K | 30x | as long as short |
| OKX MINA-USDT-SWAP | −0.0037% | 4h | 0.1278 | +0.008% | $1.9M | $17.1M | 20x | as long as short |
| BingX MINA-USDT | −0.0031% | 8h | 0.1279 | +0.117% | — | $2.7M | — | as long as short |
| Hyperliquid MINA | +0.0100% | 1h | 0.1278 | +0.016% | $3.4M | $2.4M | 3x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
MEXC MINA_USDT
Binance MINAUSDT
Bitget MINAUSDT
KuCoin MINAUSDTM
OKX MINA-USDT-SWAP
BingX MINA-USDT
Hyperliquid MINAShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MINAshort | +0.0100% | 4h | 0.1279 | +0.113% | $412K | $140K | — |