Funding you earn now, next payment 08:00 UTC+0.0594%/8h= +65.0% APRnext payment +$2.97 per $10,000 · paid last 24h +0.007%
Price spread now: OKX against Bybit−0.147%7-day average −0.151% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1721.717% of the position
Funding, last 7 days+0.386%+$39 on $10k
+Price spread, last 7 days−0.075%−$7 · spread now −0.147%, 7d avg −0.151%
=The price spread sits at its 7-day average of −0.151%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.386% in total (about 20.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.97 per $10,000. 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 | Bybit MINAUSDT | 0.1292 | −0.1026 | get 0.0513% / 4h | 3h 08m | $4.4M | $5.2M | 25x |
| Short | OKX MINA-USDT-SWAP | 0.1290 | −0.0432 | pay 0.0216% / 4h | 3h 08m | $1.8M | $13.4M | 20x |
Bybit MINAUSDT
OKX MINA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bybit. 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
- $124.65
- Price spread: −0.147% → −0.151%
- $0.4
- Slippage, 4 orders
- −$150.67
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$46.62
- Costs to cover
- 1.717%
- Break-even
- 9.6 days
Slippage from Bybit: live order book, 4 min ago; OKX: live order book, 5 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 Bybit live order book, 4 min ago | 3.48 bp | 63.2 bp −$63 | 158.1 bp −$1,581 | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 4.26 bp | 20.9 bp −$21 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINAUSDTlong | −0.1026% | 4h | 0.1292 | long leg | $4.4M | $5.2M | 25x | |
| OKX MINA-USDT-SWAPshort | −0.0432% | 4h | 0.1290 | −0.147% | $1.8M | $13.4M | 20x | |
| Gate MINA_USDT | −0.0169% | 8h | 0.1290 | −0.132% | $412K | $744K | 50x | as long as short |
| Hyperliquid MINA | −0.0050% | 1h | 0.1290 | −0.163% | $3.2M | $1.6M | 3x | as long as short |
| Bitget MINAUSDT | −0.0016% | 8h | 0.1290 | −0.163% | $1.8M | $3.3M | 50x | as long as short |
| MEXC MINA_USDT | +0.0013% | 8h | 0.1290 | −0.116% | $1.1M | $1.2M | 50x | as long as short |
| Binance MINAUSDT | +0.0013% | 8h | 0.1290 | −0.116% | $4.3M | $26.1M | 50x | as long as short |
| BingX MINA-USDT | +0.0020% | 8h | 0.1290 | −0.147% | — | $2.6M | — | as long as short |
| KuCoin MINAUSDTM | +0.0032% | 8h | 0.1290 | −0.116% | $760K | $491K | 30x | as long as short |
| BloFin MINA-USDT | +0.0036% | 8h | 0.1289 | −0.255% | $243K | $227K | 50x | as long as short |
Gate MINA_USDT
Hyperliquid MINA
Bitget MINAUSDT
MEXC MINA_USDT
Binance MINAUSDT
BingX MINA-USDT
KuCoin MINAUSDTM
BloFin MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MINA | +0.0100% | 4h | 0.1293 | +0.063% | $417K | $69K | — | as long as short |
| Kraken Futures PF_MINAUSD | +0.1337% | 1h | 0.1290 | −0.121% | $20K | $65K | 10x | as long as short |
Variational Omni MINA
Kraken Futures PF_MINAUSD