Funding you earn now, next payment 00:00 UTC+0.0278%/8h= +30.4% APRnext payment +$2.78 per $10,000 · paid last 24h +0.086%
Price spread now: BingX against MEXC+0.149%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$630.631% of the position
Funding, last 7 days+0.555%+$55 on $10k
+Price spread, last 7 days−0.107%−$11 · spread now +0.149%, 7d avg +0.045%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and BingX is 0.104% dearer against MEXC than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.045%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MINA_USDT | 0.1276 | −0.0332 | get 0.0332% / 8h | 20m 25s | $1.2M | $1.4M | 50x |
| Short | BingX MINA-USDT | 0.1278 | −0.0054 | pay 0.0054% / 8h | 20m 25s | — | $2.7M | — |
MEXC MINA_USDT
BingX MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $58.38
- Price spread: +0.149% → +0.045%
- $10.36
- Slippage, 4 orders
- −$49.06
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $5.69
- Costs to cover
- 0.631%
- Break-even
- 6.3 days
Slippage from MEXC: live order book, 1 min ago; BingX: live order book, 14 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, 1 min ago | 2.35 bp | 7.6 bp −$8 | 49.9 bp −$499 | 93.9 bp −$9,392 | doesn't fit |
| Sell BingX live order book, 14 min ago | 5.46 bp | 24.4 bp −$24 | 80.3 bp −$803 | 367.2 bp −$36.7K | 453.9 bp −$226.9K |
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 | −0.2379% | 1h | 0.1276 | +0.006% | $23K | $86K | 10x | as long as short |
| BloFin MINA-USDT | −0.0338% | 8h | 0.1279 | +0.188% | $256K | $293K | 50x | as long as short |
| Binance MINAUSDT | −0.0332% | 8h | 0.1278 | +0.149% | $4.4M | $33.5M | 50x | as long as short |
| MEXC MINA_USDTlong | −0.0332% | 8h | 0.1276 | long leg | $1.2M | $1.4M | 50x | |
| Bitget MINAUSDT | −0.0221% | 8h | 0.1276 | −0.047% | $1.8M | $3.8M | 50x | as long as short |
| Gate MINA_USDT | −0.0197% | 8h | 0.1278 | +0.149% | $414K | $968K | 50x | as long as short |
| Bybit MINAUSDT | −0.0123% | 4h | 0.1279 | +0.243% | $4.5M | $6.6M | 25x | as long as short |
| KuCoin MINAUSDTM | −0.0106% | 8h | 0.1276 | −0.047% | $768K | $502K | 30x | as long as short |
| OKX MINA-USDT-SWAP | −0.0101% | 4h | 0.1279 | +0.188% | $1.9M | $17.1M | 20x | as long as short |
| BingX MINA-USDTshort | −0.0054% | 8h | 0.1278 | +0.149% | — | $2.7M | — |
Kraken Futures PF_MINAUSD
BloFin MINA-USDT
Binance MINAUSDT
Bitget MINAUSDT
Gate MINA_USDT
Bybit MINAUSDT
KuCoin MINAUSDTM
OKX MINA-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1277 | +0.078% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1280 | +0.312% | $412K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA