Funding you earn now, next payment 04:00 UTC−0.0378%/8h= −41.4% APRpaid last 24h −0.084%
Price spread now: OKX against BingX−0.024%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$910.914% of the position
Funding, last 7 days−0.523%−$52 on $10k
+Price spread, last 7 days−0.019%−$2 · spread now −0.024%, 7d avg −0.047%
=The price spread pays, funding is against you. OKX is 0.023% dearer against BingX than usual: you sell high and buy low (spread −0.024% now, against its 7-day average of −0.047%): +$2 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 5 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MINA-USDT | 0.1275 | −0.0003 | get 0.0003% / 8h | 4h 18m | — | $2.7M | — |
| Short | OKX MINA-USDT-SWAP | 0.1275 | −0.0381 | pay 0.0191% / 4h | 18m 27s | $1.8M | $15.0M | 20x |
BingX MINA-USDT
OKX MINA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BingX. 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
- −$79.47
- Price spread: −0.024% → −0.047%
- $2.32
- Slippage, 4 orders
- −$71.36
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$168.51
- Costs to cover
- 0.914%
- Break-even
- never at this rate
Slippage from BingX: live order book, 1 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 BingX live order book, 1 min ago | 4.70 bp | 23.4 bp −$23 | 96.9 bp −$969 | 404.5 bp −$40.5K | 481.8 bp −$240.9K |
| Sell OKX live order book, 5 min ago | 3.51 bp | 21.4 bp −$21 | 144.7 bp −$1,447 | 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 | −0.2575% | 1h | 0.1281 | +0.431% | $20K | $77K | 10x | as long as short |
| OKX MINA-USDT-SWAPshort | −0.0381% | 4h | 0.1275 | −0.024% | $1.8M | $15.0M | 20x | |
| Gate MINA_USDT | −0.0119% | 8h | 0.1274 | −0.078% | $403K | $833K | 50x | as long as short |
| KuCoin MINAUSDTM | −0.0061% | 8h | 0.1276 | +0.031% | $744K | $500K | 30x | as long as short |
| BingX MINA-USDTlong | −0.0003% | 8h | 0.1275 | long leg | — | $2.7M | — | |
| Bitget MINAUSDT | −0.0002% | 8h | 0.1274 | −0.086% | $1.8M | $3.5M | 50x | as long as short |
| MEXC MINA_USDT | +0.0001% | 8h | 0.1275 | −0.055% | $1.1M | $1.3M | 50x | as long as short |
| BloFin MINA-USDT | +0.0004% | 8h | 0.1274 | −0.078% | $241K | $235K | 50x | as long as short |
| Binance MINAUSDT | +0.0006% | 8h | 0.1274 | −0.117% | $4.3M | $29.2M | 50x | as long as short |
| Bybit MINAUSDT | +0.0047% | 4h | 0.1276 | +0.071% | $4.4M | $5.6M | 25x | as long as short |
Kraken Futures PF_MINAUSD
Gate MINA_USDT
KuCoin MINAUSDTM
Bitget MINAUSDT
MEXC MINA_USDT
BloFin MINA-USDT
Binance MINAUSDT
Bybit MINAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1275 | −0.055% | $3.2M | $1.7M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1281 | +0.452% | $412K | $73K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA