Funding you earn now, next payment 04:00 UTC−0.0106%/8h= −11.6% APRpaid last 24h +0.005%
Price spread now: OKX against BloFin−0.071%7-day average +0.010% · 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−$102as in the Price arb table
costs, in and out, $10k−$940.937% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)−0.695%−$70 · spread now −0.071%, 7d avg +0.010%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.081% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.010%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MINA-USDT | 0.1273 | −0.0178 | get 0.0178% / 8h | 5h 30m | $246K | $263K | 50x |
| Short | OKX MINA-USDT-SWAP | 0.1272 | −0.0285 | pay 0.0142% / 4h | 1h 30m | $1.8M | $16.5M | 20x |
BloFin MINA-USDT
OKX MINA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BloFin. 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
- −$22.28
- Price spread: −0.071% → +0.010%
- −$8.08
- Slippage, 4 orders
- −$71.73
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$124.09
- Costs to cover
- 0.937%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 8 min ago; OKX: 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 BloFin live order book, 8 min ago | 13.03 bp | 27.1 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.36 bp | 21.7 bp −$22 | 139.0 bp −$1,390 | 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 | −0.5190% | 1h | 0.1267 | −0.477% | $23K | $78K | 10x | as long as short |
| Bybit MINAUSDT | −0.0361% | 4h | 0.1273 | +0.016% | $4.4M | $6.0M | 25x | as long as short |
| OKX MINA-USDT-SWAPshort | −0.0285% | 4h | 0.1272 | −0.071% | $1.8M | $16.5M | 20x | |
| Gate MINA_USDT | −0.0200% | 8h | 0.1271 | −0.134% | $404K | $901K | 50x | as long as short |
| BloFin MINA-USDTlong | −0.0178% | 8h | 0.1273 | long leg | $246K | $263K | 50x | |
| Binance MINAUSDT | −0.0157% | 8h | 0.1272 | −0.055% | $4.2M | $32.3M | 50x | as long as short |
| MEXC MINA_USDT | −0.0157% | 8h | 0.1272 | −0.086% | $1.2M | $1.4M | 50x | as long as short |
| Bitget MINAUSDT | −0.0154% | 8h | 0.1271 | −0.149% | $1.8M | $3.7M | 50x | as long as short |
| KuCoin MINAUSDTM | −0.0146% | 8h | 0.1271 | −0.157% | $735K | $508K | 30x | as long as short |
| BingX MINA-USDT | −0.0129% | 8h | 0.1272 | −0.047% | — | $2.7M | — | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
Gate MINA_USDT
Binance MINAUSDT
MEXC MINA_USDT
Bitget 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 | 0.1272 | −0.071% | $3.3M | $2.5M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1273 | −0.036% | $410K | $86K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA