Funding you earn now, next payment 04:00 UTC+0.0200%/8h= +21.9% APRpaid last 24h −0.080%
Price spread now: OKX against Bitget+0.086%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$880.881% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 7 days−0.063%−$6 · spread now +0.086%, 7d avg −0.006%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and OKX is 0.092% dearer against Bitget than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.006%.
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 | Bitget MINAUSDT | 0.1283 | −0.0195 | get 0.0195% / 8h | 7h 55m | $1.8M | $3.8M | 50x |
| Short | OKX MINA-USDT-SWAP | 0.1284 | 0.0005 | get 0.0002% / 4h | 3h 55m | $1.9M | $17.1M | 20x |
Bitget MINAUSDT
OKX MINA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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
- $41.98
- Price spread: +0.086% → −0.006%
- $9.19
- Slippage, 4 orders
- −$66.11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$36.93
- Costs to cover
- 0.881%
- Break-even
- 13.2 days
Slippage from Bitget: live order book, 2 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 Bitget live order book, 2 min ago | 4.68 bp | 24.6 bp −$25 | 90.9 bp −$909 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 3.90 bp | 21.4 bp −$21 | 126.5 bp −$1,265 | 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 | −0.3338% | 1h | 0.1284 | +0.016% | $23K | $86K | 10x | as long as short |
| Bybit MINAUSDT | −0.1563% | 4h | 0.1285 | +0.148% | $4.5M | $6.6M | 25x | as long as short |
| Gate MINA_USDT | −0.0602% | 8h | 0.1286 | +0.226% | $415K | $945K | 50x | as long as short |
| BloFin MINA-USDT | −0.0336% | 8h | 0.1283 | −0.047% | $253K | $294K | 50x | as long as short |
| MEXC MINA_USDT | −0.0305% | 8h | 0.1284 | +0.055% | $1.2M | $1.4M | 50x | as long as short |
| Binance MINAUSDT | −0.0304% | 8h | 0.1283 | −0.006% | $4.4M | $33.4M | 50x | as long as short |
| Bitget MINAUSDTlong | −0.0195% | 8h | 0.1283 | long leg | $1.8M | $3.8M | 50x | |
| KuCoin MINAUSDTM | −0.0071% | 8h | 0.1287 | +0.319% | $773K | $502K | 30x | as long as short |
| BingX MINA-USDT | −0.0005% | 8h | 0.1284 | +0.086% | — | $2.7M | — | as long as short |
| OKX MINA-USDT-SWAPshort | +0.0005% | 4h | 0.1284 | +0.086% | $1.9M | $17.1M | 20x |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
Gate MINA_USDT
BloFin MINA-USDT
MEXC MINA_USDT
Binance 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 | 0.1285 | +0.132% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1289 | +0.442% | $414K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA