Funding you earn now, next payment 00:00 UTC−0.0284%/8h= −31.1% APRpaid last 24h +0.004%
Price spread now: Binance against OKX−0.016%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$790.794% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 7 days+0.028%+$3 · spread now −0.016%, 7d avg −0.013%
=The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: −$9 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 -0.019% in total (about -1.0% a year). A funding rate is set anew for every payment. 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 | OKX MINA-USDT-SWAP | 0.1282 | −0.0033 | get 0.0017% / 4h | 6m 35s | $1.9M | $17.1M | 20x |
| Short | Binance MINAUSDT | 0.1282 | −0.0317 | pay 0.0317% / 8h | 6m 35s | $4.4M | $33.4M | 50x |
OKX MINA-USDT-SWAP
Binance MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- −$59.63
- Price spread: −0.016% → −0.013%
- −$0.29
- Slippage, 4 orders
- −$59.41
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$139.34
- Costs to cover
- 0.794%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Binance: 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 OKX live order book, 2 min ago | 3.51 bp | 22.6 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.95 bp | 18.8 bp −$19 | 105.6 bp −$1,056 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MINAUSD | −0.2379% | 1h | 0.1277 | −0.452% | $23K | $86K | 10x | as long as short |
| BloFin MINA-USDT | −0.0340% | 8h | 0.1280 | −0.156% | $253K | $293K | 50x | as long as short |
| MEXC MINA_USDT | −0.0319% | 8h | 0.1282 | −0.039% | $1.2M | $1.4M | 50x | as long as short |
| Binance MINAUSDTshort | −0.0317% | 8h | 0.1282 | −0.016% | $4.4M | $33.4M | 50x | |
| Bitget MINAUSDT | −0.0210% | 8h | 0.1281 | −0.086% | $1.8M | $3.8M | 50x | as long as short |
| Gate MINA_USDT | −0.0173% | 8h | 0.1281 | −0.133% | $415K | $970K | 50x | as long as short |
| Bybit MINAUSDT | −0.0078% | 4h | 0.1284 | +0.101% | $4.5M | $6.6M | 25x | as long as short |
| KuCoin MINAUSDTM | −0.0073% | 8h | 0.1281 | −0.078% | $772K | $501K | 30x | as long as short |
| BingX MINA-USDT | −0.0037% | 8h | 0.1282 | −0.023% | — | $2.7M | — | as long as short |
| OKX MINA-USDT-SWAPlong | −0.0033% | 4h | 0.1282 | long leg | $1.9M | $17.1M | 20x |
Kraken Futures PF_MINAUSD
BloFin MINA-USDT
MEXC MINA_USDT
Bitget MINAUSDT
Gate MINA_USDT
Bybit MINAUSDT
KuCoin MINAUSDTM
BingX MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1282 | 0.000% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1284 | +0.110% | $413K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA