Funding you earn now, next payment 12:00 UTC−0.0402%/8h= −44.0% APRpaid last 24h −0.042%
Price spread now: OKX against Bitget−0.022%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$890.894% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now −0.022%, 7d avg −0.004%
=The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.037% in total (about -1.9% 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 | Bitget MINAUSDT | 0.1373 | −0.0354 | get 0.0354% / 8h | 7h 44m | $2.0M | $3.0M | 50x |
| Short | OKX MINA-USDT-SWAP | 0.1373 | −0.0756 | pay 0.0378% / 4h | 3h 44m | $2.0M | $11.4M | 20x |
Bitget MINAUSDT
OKX MINA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Bitget. 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
- −$84.45
- Price spread: −0.022% → −0.004%
- −$1.8
- Slippage, 4 orders
- −$67.45
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$175.69
- Costs to cover
- 0.894%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 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 Bitget live order book, 3 min ago | 7.66 bp | 25.6 bp −$26 | 78.6 bp −$786 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 2.92 bp | 20.3 bp −$20 | 123.0 bp −$1,230 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX MINA-USDT-SWAPshort | −0.0756% | 4h | 0.1373 | −0.022% | $2.0M | $11.4M | 20x | |
| Kraken Futures PF_MINAUSD | −0.0496% | 1h | 0.1379 | +0.406% | $22K | $54K | 10x | as long as short |
| KuCoin MINAUSDTM | −0.0395% | 8h | 0.1373 | +0.022% | $826K | $430K | 30x | as long as short |
| Binance MINAUSDT | −0.0367% | 8h | 0.1373 | −0.029% | $4.6M | $21.1M | 50x | as long as short |
| MEXC MINA_USDT | −0.0362% | 8h | 0.1373 | +0.015% | $1.4M | $1.1M | 50x | as long as short |
| Bitget MINAUSDTlong | −0.0354% | 8h | 0.1373 | long leg | $2.0M | $3.0M | 50x | |
| BloFin MINA-USDT | −0.0347% | 8h | 0.1371 | −0.124% | $255K | $171K | 50x | as long as short |
| Hyperliquid MINA | −0.0345% | 1h | 0.1374 | +0.036% | $3.4M | $1.4M | 3x | as long as short |
| BingX MINA-USDT | +0.0050% | 8h | 0.1375 | +0.138% | — | $2.5M | — | as long as short |
| Bybit MINAUSDT | +0.0100% | 4h | 0.1378 | +0.350% | $4.8M | $4.6M | 25x | as long as short |
Kraken Futures PF_MINAUSD
KuCoin MINAUSDTM
Binance MINAUSDT
MEXC MINA_USDT
BloFin MINA-USDT
Hyperliquid MINA
BingX MINA-USDT
Bybit MINAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate MINA_USDT | +0.0100% | 8h | 0.1375 | +0.146% | $453K | $539K | 50x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1376 | +0.213% | $445K | $61K | — | as long as short |
Gate MINA_USDT
Variational Omni MINA