Funding you earn now, next payment 08:00 UTC−0.0514%/8h= −56.3% APRpaid last 24h −0.054%
Price spread now: OKX against BingX−0.127%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$940.940% of the position
Funding, last 7 days−0.481%−$48 on $10k
+Price spread, last 7 days+0.082%+$8 · spread now −0.127%, 7d avg −0.046%
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and OKX is 0.082% cheaper against BingX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.046%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX MINA-USDT | 0.1334 | −0.0078 | get 0.0078% / 8h | 1h 55m | — | $2.6M | — |
| Short | OKX MINA-USDT-SWAP | 0.1333 | −0.0592 | pay 0.0296% / 4h | 1h 55m | $1.8M | $13.0M | 20x |
BingX MINA-USDT
OKX MINA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BingX. 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
- −$107.91
- Price spread: −0.127% → −0.046%
- −$8.17
- Slippage, 4 orders
- −$73.96
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$210.04
- Costs to cover
- 0.940%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 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 BingX live order book, 9 min ago | 4.53 bp | 25.1 bp −$25 | 103.1 bp −$1,031 | 414.1 bp −$41.4K | 513.3 bp −$256.6K |
| Sell OKX live order book, 3 min ago | 1.51 bp | 22.5 bp −$22 | 135.7 bp −$1,357 | 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 | −0.1969% | 1h | 0.1334 | −0.020% | $21K | $63K | 10x | as long as short |
| Bybit MINAUSDT | −0.1571% | 4h | 0.1335 | +0.082% | $4.6M | $5.0M | 25x | as long as short |
| OKX MINA-USDT-SWAPshort | −0.0592% | 4h | 0.1333 | −0.127% | $1.8M | $13.0M | 20x | |
| Hyperliquid MINA | −0.0324% | 1h | 0.1332 | −0.142% | $3.3M | $1.6M | 3x | as long as short |
| Gate MINA_USDT | −0.0134% | 8h | 0.1335 | +0.075% | $440K | $644K | 50x | as long as short |
| Binance MINAUSDT | −0.0132% | 8h | 0.1332 | −0.150% | $4.5M | $25.2M | 50x | as long as short |
| MEXC MINA_USDT | −0.0130% | 8h | 0.1332 | −0.165% | $1.1M | $1.2M | 50x | as long as short |
| Bitget MINAUSDT | −0.0129% | 8h | 0.1333 | −0.112% | $1.9M | $3.4M | 50x | as long as short |
| BloFin MINA-USDT | −0.0106% | 8h | 0.1331 | −0.202% | $249K | $191K | 50x | as long as short |
| BingX MINA-USDTlong | −0.0078% | 8h | 0.1334 | long leg | — | $2.6M | — |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
Hyperliquid MINA
Gate MINA_USDT
Binance MINAUSDT
MEXC MINA_USDT
Bitget MINAUSDT
BloFin MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MINAUSDTM | +0.0017% | 8h | 0.1333 | −0.105% | $779K | $480K | 30x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1337 | +0.174% | $431K | $68K | — | as long as short |
KuCoin MINAUSDTM
Variational Omni MINA