Funding you earn now, next payment 04:00 UTC+0.0136%/8h= +14.9% APRpaid last 24h −0.085%
Price spread now: OKX against Gate+0.109%7-day average −0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1161.157% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 4 days (all we have)−0.431%−$43 · spread now +0.109%, 7d avg −0.047%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and OKX is 0.156% dearer against Gate than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.047%. Mind the row above: over the last 7 days funding on this pair cost −0.176%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MINA_USDT | 0.1280 | −0.0180 | get 0.0180% / 8h | 6h 30m | $406K | $944K | 50x |
| Short | OKX MINA-USDT-SWAP | 0.1282 | −0.0044 | pay 0.0022% / 4h | 2h 30m | $1.9M | $17.1M | 20x |
Gate MINA_USDT
OKX MINA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $28.53
- Price spread: +0.109% → −0.047%
- $15.61
- Slippage, 4 orders
- −$90.7
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$71.57
- Costs to cover
- 1.157%
- Break-even
- 24.6 days
Slippage from Gate: live order book, 36 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 Gate live order book, 36 min ago | 6.60 bp | 33.0 bp −$33 | 1491.1 bp −$14.9K | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 3.91 bp | 18.9 bp −$19 | 125.5 bp −$1,255 | 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 | −0.5039% | 1h | 0.1275 | −0.444% | $23K | $80K | 10x | as long as short |
| Bybit MINAUSDT | −0.0718% | 4h | 0.1283 | +0.195% | $4.5M | $6.6M | 25x | as long as short |
| MEXC MINA_USDT | −0.0276% | 8h | 0.1281 | +0.047% | $1.2M | $1.4M | 50x | as long as short |
| Binance MINAUSDT | −0.0274% | 8h | 0.1282 | +0.117% | $4.3M | $33.5M | 50x | as long as short |
| Bitget MINAUSDT | −0.0214% | 8h | 0.1282 | +0.133% | $1.8M | $3.8M | 50x | as long as short |
| Gate MINA_USDTlong | −0.0180% | 8h | 0.1280 | long leg | $406K | $944K | 50x | |
| KuCoin MINAUSDTM | −0.0085% | 8h | 0.1280 | −0.016% | $743K | $516K | 30x | as long as short |
| OKX MINA-USDT-SWAPshort | −0.0044% | 4h | 0.1282 | +0.109% | $1.9M | $17.1M | 20x | |
| BingX MINA-USDT | −0.0038% | 8h | 0.1281 | +0.094% | — | $2.7M | — | as long as short |
| Hyperliquid MINA | +0.0100% | 1h | 0.1281 | +0.023% | $3.5M | $2.4M | 3x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
MEXC MINA_USDT
Binance MINAUSDT
Bitget MINAUSDT
KuCoin MINAUSDTM
BingX MINA-USDT
Hyperliquid MINAShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MINA | +0.0100% | 4h | 0.1283 | +0.191% | $413K | $143K | — | as long as short |
Variational Omni MINA