Funding you earn now, next payment 16:00 UTC−0.0001%/8h= −0.1% APRnext payment −$0.01 per $10,000 · paid last 24h −0.001%
Price spread now: Binance against MEXC+0.007%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$660.657% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 7 days−0.004%$0 · spread now +0.007%, 7d avg −0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.022% dearer against MEXC than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MINA_USDT | 0.1357 | −0.0437 | get 0.0437% / 8h | 7h 33m | $1.3M | $1.1M | 50x |
| Short | Binance MINAUSDT | 0.1357 | −0.0438 | pay 0.0438% / 8h | 7h 33m | $4.5M | $20.0M | 50x |
MEXC MINA_USDT
Binance MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against MEXC. 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
- −$0.16
- Price spread: +0.007% → −0.016%
- $2.22
- Slippage, 4 orders
- −$51.65
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$63.59
- Costs to cover
- 0.657%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Binance: live order book, 8 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 MEXC live order book, 3 min ago | 5.15 bp | 11.4 bp −$11 | 52.6 bp −$526 | 92.7 bp −$9,273 | doesn't fit |
| Sell Binance live order book, 8 min ago | 2.21 bp | 24.1 bp −$24 | 106.5 bp −$1,065 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX MINA-USDT-SWAP | −0.0766% | 4h | 0.1354 | −0.162% | $2.0M | $10.4M | 20x | as long as short |
| Gate MINA_USDT | −0.0659% | 8h | 0.1358 | +0.125% | $445K | $544K | 50x | as long as short |
| Kraken Futures PF_MINAUSD | −0.0506% | 1h | 0.1351 | −0.384% | $22K | $57K | 10x | as long as short |
| BloFin MINA-USDT | −0.0459% | 8h | 0.1353 | −0.243% | $258K | $167K | 50x | as long as short |
| Binance MINAUSDTshort | −0.0438% | 8h | 0.1357 | +0.007% | $4.5M | $20.0M | 50x | |
| MEXC MINA_USDTlong | −0.0437% | 8h | 0.1357 | long leg | $1.3M | $1.1M | 50x | |
| Bitget MINAUSDT | −0.0420% | 8h | 0.1358 | +0.133% | $2.0M | $2.8M | 50x | as long as short |
| KuCoin MINAUSDTM | −0.0419% | 8h | 0.1359 | +0.184% | $818K | $424K | 30x | as long as short |
| Hyperliquid MINA | −0.0380% | 1h | 0.1358 | +0.125% | $3.4M | $1.4M | 3x | as long as short |
| Bybit MINAUSDT | −0.0351% | 4h | 0.1358 | +0.088% | $4.8M | $4.3M | 25x | as long as short |
OKX MINA-USDT-SWAP
Gate MINA_USDT
Kraken Futures PF_MINAUSD
BloFin MINA-USDT
Bitget MINAUSDT
KuCoin MINAUSDTM
Hyperliquid MINA
Bybit MINAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MINA-USDT | −0.0148% | 8h | 0.1356 | −0.074% | — | $2.5M | — | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1363 | +0.492% | $442K | $61K | — | as long as short |
BingX MINA-USDT
Variational Omni MINA