Funding you earn now, next payment 08:00 UTC−0.0442%/8h= −48.4% APRpaid last 24h +0.040%
Price spread now: OKX against MEXC0.000%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$570.571% of the position
Funding, last 7 days+0.056%+$6 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now 0.000%, 7d avg 0.000%
=The price spread sits at its 7-day average of 0.000%, so right now this pair is about funding alone: −$13 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.056%, 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 0.056% in total (about 2.9% 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 | MEXC MINA_USDT | 0.1325 | −0.0091 | get 0.0091% / 8h | 2h 03m | $1.1M | $1.2M | 50x |
| Short | OKX MINA-USDT-SWAP | 0.1325 | −0.0533 | pay 0.0266% / 4h | 2h 03m | $1.8M | $13.0M | 20x |
MEXC MINA_USDT
OKX MINA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against MEXC. 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
- −$92.75
- Price spread: 0.000% → 0.000%
- $0.02
- Slippage, 4 orders
- −$43.07
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$149.8
- Costs to cover
- 0.571%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; OKX: live order book, 4 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 MEXC live order book, 2 min ago | 1.13 bp | 7.2 bp −$7 | 52.4 bp −$524 | 102.7 bp −$10.3K | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.89 bp | 26.0 bp −$26 | 154.0 bp −$1,540 | 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 | −0.2820% | 1h | 0.1329 | +0.345% | $21K | $64K | 10x | as long as short |
| Bybit MINAUSDT | −0.1025% | 4h | 0.1327 | +0.136% | $4.5M | $5.1M | 25x | as long as short |
| OKX MINA-USDT-SWAPshort | −0.0533% | 4h | 0.1325 | 0.000% | $1.8M | $13.0M | 20x | |
| Hyperliquid MINA | −0.0256% | 1h | 0.1324 | −0.053% | $3.3M | $1.6M | 3x | as long as short |
| Gate MINA_USDT | −0.0137% | 8h | 0.1324 | −0.045% | $435K | $724K | 50x | as long as short |
| BloFin MINA-USDT | −0.0106% | 8h | 0.1323 | −0.166% | $244K | $190K | 50x | as long as short |
| Bitget MINAUSDT | −0.0105% | 8h | 0.1325 | +0.008% | $1.9M | $3.4M | 50x | as long as short |
| Binance MINAUSDT | −0.0099% | 8h | 0.1325 | −0.010% | $4.4M | $25.3M | 50x | as long as short |
| MEXC MINA_USDTlong | −0.0091% | 8h | 0.1325 | long leg | $1.1M | $1.2M | 50x | |
| BingX MINA-USDT | −0.0060% | 8h | 0.1325 | +0.030% | — | $2.6M | — | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
Hyperliquid MINA
Gate MINA_USDT
BloFin MINA-USDT
Bitget MINAUSDT
Binance MINAUSDT
BingX MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MINAUSDTM | +0.0033% | 8h | 0.1323 | −0.113% | $775K | $481K | 30x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1326 | +0.062% | $428K | $68K | — | as long as short |
KuCoin MINAUSDTM
Variational Omni MINA