Funding you earn now, next payment 04:00 UTC−0.0459%/8h= −50.3% APRpaid last 24h +0.085%
Price spread now: Gate against OKX+0.054%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$103as in the Funding arb table
Net, price: spread back to 7d avg − costs−$120as in the Price arb table
costs, in and out, $10k−$1211.211% of the position
Funding, last 7 days+0.176%+$18 on $10k
+Price spread, last 4 days (all we have)+0.295%+$30 · spread now +0.054%, 7d avg +0.047%
=The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.176%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.176% in total (about 9.2% 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 | 0.1294 | 0.0030 | pay 0.0015% / 4h | 3h 42m | $1.9M | $17.2M | 20x |
| Short | Gate MINA_USDT | 0.1295 | −0.0429 | pay 0.0429% / 8h | 7h 42m | $418K | $946K | 50x |
OKX MINA-USDT-SWAP
Gate MINA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$96.38
- Price spread: +0.054% → +0.047%
- $0.67
- Slippage, 4 orders
- −$96.07
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$216.78
- Costs to cover
- 1.211%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; Gate: live order book, 30 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, 1 min ago | 2.71 bp | 23.7 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 30 min ago | 11.31 bp | 33.8 bp −$34 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MINAUSD | −0.3318% | 1h | 0.1291 | −0.235% | $24K | $86K | 10x | as long as short |
| Bybit MINAUSDT | −0.1175% | 4h | 0.1295 | +0.039% | $4.5M | $6.6M | 25x | as long as short |
| Gate MINA_USDTshort | −0.0429% | 8h | 0.1295 | +0.054% | $418K | $946K | 50x | |
| BloFin MINA-USDT | −0.0318% | 8h | 0.1293 | −0.070% | $254K | $292K | 50x | as long as short |
| Binance MINAUSDT | −0.0318% | 8h | 0.1292 | −0.118% | $4.5M | $33.4M | 50x | as long as short |
| MEXC MINA_USDT | −0.0314% | 8h | 0.1292 | −0.124% | $1.2M | $1.4M | 50x | as long as short |
| Bitget MINAUSDT | −0.0213% | 8h | 0.1293 | −0.085% | $1.8M | $3.8M | 50x | as long as short |
| KuCoin MINAUSDTM | −0.0078% | 8h | 0.1294 | −0.015% | $776K | $502K | 30x | as long as short |
| BingX MINA-USDT | −0.0011% | 8h | 0.1294 | +0.023% | — | $2.7M | — | as long as short |
| OKX MINA-USDT-SWAPlong | +0.0030% | 4h | 0.1294 | long leg | $1.9M | $17.2M | 20x |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
BloFin MINA-USDT
Binance MINAUSDT
MEXC MINA_USDT
Bitget 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 | 0.1294 | 0.000% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1294 | +0.008% | $416K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA