Funding you earn now, next payment 00:00 UTC+0.0387%/8h= +42.4% APRnext payment +$1.93 per $10,000 · paid last 24h −0.094%
Price spread now: Bybit against OKX+0.166%7-day average +0.157% · you sell dearer than you buy
Net, funding: paid 7d − costs−$225as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1841.840% of the position
Funding, last 7 days−0.406%−$41 on $10k
+Price spread, last 7 days+0.113%+$11 · spread now +0.166%, 7d avg +0.157%
=The price spread sits at its 7-day average of +0.157%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.406%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MINA-USDT-SWAP | 0.1267 | −0.0495 | get 0.0247% / 4h | 2h 05m | $1.9M | $17.1M | 20x |
| Short | Bybit MINAUSDT | 0.1269 | −0.0108 | pay 0.0054% / 4h | 2h 05m | $4.5M | $6.8M | 25x |
OKX MINA-USDT-SWAP
Bybit MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $81.22
- Price spread: +0.166% → +0.157%
- $0.89
- Slippage, 4 orders
- −$163
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$101.89
- Costs to cover
- 1.840%
- Break-even
- 15.8 days
Slippage from OKX: live order book, 3 min ago; Bybit: 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 OKX live order book, 3 min ago | 3.54 bp | 28.1 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 3.93 bp | 63.4 bp −$63 | 171.8 bp −$1,718 | 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 | −0.0715% | 1h | 0.1268 | +0.058% | $25K | $87K | 10x | as long as short |
| OKX MINA-USDT-SWAPlong | −0.0495% | 4h | 0.1267 | long leg | $1.9M | $17.1M | 20x | |
| MEXC MINA_USDT | −0.0423% | 8h | 0.1267 | −0.008% | $1.2M | $1.5M | 50x | as long as short |
| Binance MINAUSDT | −0.0422% | 8h | 0.1267 | −0.022% | $4.4M | $34.1M | 50x | as long as short |
| BloFin MINA-USDT | −0.0395% | 8h | 0.1267 | −0.024% | $255K | $324K | 50x | as long as short |
| Bitget MINAUSDT | −0.0282% | 8h | 0.1267 | −0.024% | $1.8M | $3.9M | 50x | as long as short |
| Gate MINA_USDT | −0.0235% | 8h | 0.1266 | −0.103% | $410K | $984K | 50x | as long as short |
| Bybit MINAUSDTshort | −0.0108% | 4h | 0.1269 | +0.166% | $4.5M | $6.8M | 25x | |
| BingX MINA-USDT | −0.0057% | 8h | 0.1268 | +0.032% | — | $2.7M | — | as long as short |
| KuCoin MINAUSDTM | −0.0007% | 8h | 0.1265 | −0.134% | $767K | $507K | 30x | as long as short |
Kraken Futures PF_MINAUSD
MEXC MINA_USDT
Binance MINAUSDT
BloFin MINA-USDT
Bitget MINAUSDT
Gate MINA_USDT
BingX MINA-USDT
KuCoin MINAUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1268 | +0.047% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1269 | +0.181% | $408K | $150K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA