Funding you earn now, next payment 12:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h −0.012%
Price spread now: OKX against Binance−0.069%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$910.913% of the position
Funding, last 7 days+0.017%+$2 on $10k
+Price spread, last 7 days+0.036%+$4 · spread now −0.069%, 7d avg +0.014%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and OKX is 0.083% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MINAUSDT | 0.1358 | −0.0856 | get 0.0856% / 8h | 5h 57m | $4.6M | $17.0M | 50x |
| Short | OKX MINA-USDT-SWAP | 0.1357 | −0.0874 | pay 0.0437% / 4h | 1h 57m | $1.9M | $8.1M | 20x |
Binance MINAUSDT
OKX MINA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Binance. 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
- −$3.82
- Price spread: −0.069% → +0.014%
- −$8.3
- Slippage, 4 orders
- −$71.25
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$103.37
- Costs to cover
- 0.913%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; OKX: live order book, 3 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 Binance live order book, 6 min ago | 1.84 bp | 19.3 bp −$19 | 111.3 bp −$1,113 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.94 bp | 23.0 bp −$23 | 165.1 bp −$1,651 | doesn't fit | doesn't fit |
MINA on 12 exchanges
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 | −0.4293% | 1h | 0.1360 | +0.142% | $22K | $39K | 10x | as long as short |
| OKX MINA-USDT-SWAPshort | −0.0874% | 4h | 0.1357 | −0.069% | $1.9M | $8.1M | 20x | |
| Gate MINA_USDT | −0.0861% | 8h | 0.1356 | −0.121% | $445K | $460K | 50x | as long as short |
| Binance MINAUSDTlong | −0.0856% | 8h | 0.1358 | long leg | $4.6M | $17.0M | 50x | |
| MEXC MINA_USDT | −0.0852% | 8h | 0.1358 | −0.018% | $1.3M | $850K | 50x | as long as short |
| BloFin MINA-USDT | −0.0832% | 8h | 0.1358 | −0.003% | $260K | $158K | 50x | as long as short |
| Bitget MINAUSDT | −0.0816% | 8h | 0.1357 | −0.047% | $1.9M | $2.4M | 50x | as long as short |
| Bybit MINAUSDT | −0.0769% | 4h | 0.1361 | +0.196% | $4.8M | $3.8M | 25x | as long as short |
| KuCoin MINAUSDTM | −0.0552% | 8h | 0.1356 | −0.165% | $809K | $310K | 30x | as long as short |
| BingX MINA-USDT | −0.0321% | 8h | 0.1358 | +0.034% | — | $2.5M | — | as long as short |
Kraken Futures PF_MINAUSD
Gate MINA_USDT
MEXC MINA_USDT
BloFin MINA-USDT
Bitget MINAUSDT
Bybit MINAUSDT
KuCoin MINAUSDTM
BingX MINA-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | −0.0226% | 1h | 0.1357 | −0.040% | $3.3M | $1.3M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1360 | +0.161% | $441K | $54K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA