Funding you earn now, next payment 12:00 UTC+0.0452%/8h= +49.5% APRpaid last 24h −0.035%
Price spread now: BloFin against OKX−0.702%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$840.839% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 4 days (all we have)+0.894%+$89 · spread now −0.702%, 7d avg −0.023%
=Funding pays, the price is against you. BloFin is 0.679% cheaper against OKX than usual: you would sell low and buy high (spread −0.702% now, against its 7-day average of −0.023%). If the spread goes back, that is −$68 on $10k: about 5.0 days of funding at the current rate (+$14 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.049% in total (about -2.5% 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 | 0.1354 | −0.0757 | get 0.0378% / 4h | 3h 58m | $1.9M | $11.3M | 20x |
| Short | BloFin MINA-USDT | 0.1344 | −0.0305 | pay 0.0305% / 8h | 7h 58m | $249K | $169K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $94.93
- Price spread: −0.702% → −0.023%
- −$67.91
- Slippage, 4 orders
- −$61.93
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$56.9
- Costs to cover
- 0.839%
- Break-even
- 11.2 days
Slippage from OKX: live order book, 5 min ago; BloFin: live order book, 8 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, 5 min ago | 2.60 bp | 22.3 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 8 min ago | 4.86 bp | 20.1 bp −$20 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX MINA-USDT-SWAPlong | −0.0757% | 4h | 0.1354 | long leg | $1.9M | $11.3M | 20x | |
| Kraken Futures PF_MINAUSD | −0.0506% | 1h | 0.1351 | −0.233% | $22K | $55K | 10x | as long as short |
| KuCoin MINAUSDTM | −0.0395% | 8h | 0.1344 | −0.702% | $791K | $431K | 30x | as long as short |
| Binance MINAUSDT | −0.0323% | 8h | 0.1354 | −0.007% | $4.5M | $21.8M | 50x | as long as short |
| MEXC MINA_USDT | −0.0317% | 8h | 0.1351 | −0.207% | $1.3M | $1.0M | 50x | as long as short |
| Bitget MINAUSDT | −0.0312% | 8h | 0.1351 | −0.214% | $1.9M | $3.0M | 50x | as long as short |
| BloFin MINA-USDTshort | −0.0305% | 8h | 0.1344 | −0.702% | $249K | $169K | 50x | |
| Gate MINA_USDT | −0.0232% | 8h | 0.1352 | −0.118% | $441K | $529K | 50x | as long as short |
| BingX MINA-USDT | −0.0232% | 8h | 0.1353 | −0.081% | — | $2.6M | — | as long as short |
| Hyperliquid MINA | −0.0060% | 1h | 0.1347 | −0.480% | $3.3M | $1.5M | 3x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MINA | +0.0100% | 4h | 0.1351 | −0.209% | $437K | $62K | — | as long as short |
| Bybit MINAUSDT | +0.0879% | 4h | 0.1356 | +0.199% | $4.8M | $4.7M | 25x | as long as short |
OKX MINA-USDT-SWAP
BloFin MINA-USDT
Kraken Futures PF_MINAUSD
KuCoin MINAUSDTM
Binance MINAUSDT
MEXC MINA_USDT
Bitget MINAUSDT
Gate MINA_USDT
BingX MINA-USDT
Hyperliquid MINA
Variational Omni MINA
Bybit MINAUSDT