Funding you earn now, next payment 00:00 UTC+0.0013%/8h= +1.4% APRpaid last 24h +0.009%
Price spread now: BloFin against OKX−0.103%73s7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$91as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$900.901% of the position
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 3 days (all we have)+0.430%+$43 · spread now −0.103%, 7d avg −0.010%
=Funding pays, the price is against you. BloFin is 0.092% cheaper against OKX than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of −0.010%). If the spread goes back, that is −$9 on $10k: about 24 days of funding at the current rate ($0 a day). The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MINA-USDT-SWAP | 0.1265 | −0.0435 | get 0.0217% / 4h | 1h 47m | $1.9M | $17.0M | 20x |
| Short | BloFin MINA-USDT | 0.1263 | −0.0422 | pay 0.0422% / 8h | 1h 47m | $253K | $320K | 50x |
OKX MINA-USDT-SWAP
BloFin MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $2.75
- Price spread: −0.103% → −0.010%
- −$9.24
- Slippage, 4 orders
- −$68.07
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$96.57
- Costs to cover
- 0.901%
- Break-even
- 252.7 days
Slippage from OKX: live order book, just now; BloFin: live order book, 32 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, just now | 1.98 bp | 21.4 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 32 min ago | 1.96 bp | 21.8 bp −$22 | 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 | −0.1823% | 1h | 0.1260 | −0.360% | $25K | $87K | 10x | as long as short |
| OKX MINA-USDT-SWAPlong | −0.0435% | 4h | 0.1265 | long leg | $1.9M | $17.0M | 20x | |
| BloFin MINA-USDTshort | −0.0422% | 8h | 0.1263 | −0.103% | $253K | $320K | 50x | |
| Binance MINAUSDT | −0.0403% | 8h | 0.1265 | +0.016% | $4.4M | $34.0M | 50x | as long as short |
| MEXC MINA_USDT | −0.0401% | 8h | 0.1265 | −0.016% | $1.2M | $1.5M | 50x | as long as short |
| Bitget MINAUSDT | −0.0275% | 8h | 0.1264 | −0.047% | $1.8M | $3.8M | 50x | as long as short |
| Gate MINA_USDT | −0.0219% | 8h | 0.1265 | 0.000% | $411K | $964K | 50x | as long as short |
| Bybit MINAUSDT | −0.0104% | 4h | 0.1266 | +0.079% | $4.4M | $6.7M | 25x | as long as short |
| KuCoin MINAUSDTM | −0.0047% | 8h | 0.1264 | −0.087% | $766K | $506K | 30x | as long as short |
| BingX MINA-USDT | −0.0002% | 8h | 0.1265 | −0.008% | — | $2.7M | — | as long as short |
Kraken Futures PF_MINAUSD
Binance MINAUSDT
MEXC MINA_USDT
Bitget MINAUSDT
Gate MINA_USDT
Bybit 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 | 0.1265 | +0.024% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1266 | +0.126% | $408K | $150K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA