Funding you earn now, next payment 04:00 UTC+0.0351%/8h= +38.4% APRpaid last 24h +0.056%
Price spread now: Bitget against OKX−0.086%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$910.912% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 7 days+0.022%+$2 · spread now −0.086%, 7d avg +0.005%
=Funding pays, the price is against you. Bitget is 0.091% cheaper against OKX than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of +0.005%). If the spread goes back, that is −$9 on $10k: about 21 hours of funding at the current rate (+$11 a day). At the pace of the last 7 days (+0.031% in total) that is about 20 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.031% in total (about 1.6% 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 | 0.1278 | −0.0361 | get 0.0180% / 4h | 21m 06s | $1.8M | $15.1M | 20x |
| Short | Bitget MINAUSDT | 0.1277 | −0.0010 | pay 0.0010% / 8h | 4h 21m | $1.8M | $3.5M | 50x |
OKX MINA-USDT-SWAP
Bitget MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $73.66
- Price spread: −0.086% → +0.005%
- −$9.06
- Slippage, 4 orders
- −$69.18
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$26.58
- Costs to cover
- 0.912%
- Break-even
- 9.5 days
Slippage from OKX: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago | 3.51 bp | 23.1 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 10.17 bp | 23.2 bp −$23 | 78.9 bp −$789 | 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 | −0.2567% | 1h | 0.1285 | +0.491% | $20K | $77K | 10x | as long as short |
| OKX MINA-USDT-SWAPlong | −0.0361% | 4h | 0.1278 | long leg | $1.8M | $15.1M | 20x | |
| Gate MINA_USDT | −0.0113% | 8h | 0.1278 | −0.016% | $404K | $833K | 50x | as long as short |
| KuCoin MINAUSDTM | −0.0068% | 8h | 0.1279 | +0.023% | $746K | $501K | 30x | as long as short |
| BloFin MINA-USDT | −0.0010% | 8h | 0.1277 | −0.078% | $243K | $237K | 50x | as long as short |
| Bitget MINAUSDTshort | −0.0010% | 8h | 0.1277 | −0.086% | $1.8M | $3.5M | 50x | |
| MEXC MINA_USDT | −0.0006% | 8h | 0.1278 | −0.016% | $1.1M | $1.3M | 50x | as long as short |
| BingX MINA-USDT | −0.0003% | 8h | 0.1278 | 0.000% | — | $2.7M | — | as long as short |
| Binance MINAUSDT | −0.0003% | 8h | 0.1279 | +0.009% | $4.3M | $29.6M | 50x | as long as short |
| Bybit MINAUSDT | +0.0021% | 4h | 0.1279 | +0.070% | $4.4M | $5.6M | 25x | as long as short |
Kraken Futures PF_MINAUSD
Gate MINA_USDT
KuCoin MINAUSDTM
BloFin MINA-USDT
MEXC MINA_USDT
BingX 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 | 0.1278 | −0.031% | $3.2M | $1.7M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1274 | −0.347% | $410K | $73K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA