Funding you earn now, next payment 00:00 UTC+0.0078%/8h= +8.6% APRpaid last 24h +0.004%
Price spread now: Binance against OKX−0.102%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$990.988% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 7 days+0.162%+$16 · spread now −0.102%, 7d avg −0.012%
=Funding pays, the price is against you. Binance is 0.090% cheaper against OKX than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of −0.012%). If the spread goes back, that is −$9 on $10k: about 3.8 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MINA-USDT-SWAP | 0.1269 | −0.0502 | get 0.0251% / 4h | 2h 05m | $1.9M | $17.1M | 20x |
| Short | Binance MINAUSDT | 0.1267 | −0.0424 | pay 0.0424% / 8h | 2h 05m | $4.4M | $34.1M | 50x |
OKX MINA-USDT-SWAP
Binance MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $16.48
- Price spread: −0.102% → −0.012%
- −$9.05
- Slippage, 4 orders
- −$78.76
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$91.32
- Costs to cover
- 0.988%
- Break-even
- 45.8 days
Slippage from OKX: live order book, 3 min ago; Binance: live order book, 6 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 Binance live order book, 6 min ago | 1.18 bp | 25.0 bp −$25 | 120.0 bp −$1,200 | 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 | −0.053% | $25K | $87K | 10x | as long as short |
| OKX MINA-USDT-SWAPlong | −0.0502% | 4h | 0.1269 | long leg | $1.9M | $17.1M | 20x | |
| Binance MINAUSDTshort | −0.0424% | 8h | 0.1267 | −0.102% | $4.4M | $34.1M | 50x | |
| MEXC MINA_USDT | −0.0423% | 8h | 0.1267 | −0.118% | $1.2M | $1.5M | 50x | as long as short |
| BloFin MINA-USDT | −0.0395% | 8h | 0.1267 | −0.134% | $255K | $324K | 50x | as long as short |
| Bitget MINAUSDT | −0.0284% | 8h | 0.1267 | −0.134% | $1.8M | $3.9M | 50x | as long as short |
| Gate MINA_USDT | −0.0239% | 8h | 0.1266 | −0.213% | $410K | $984K | 50x | as long as short |
| Bybit MINAUSDT | −0.0127% | 4h | 0.1269 | +0.024% | $4.5M | $6.8M | 25x | as long as short |
| BingX MINA-USDT | −0.0057% | 8h | 0.1268 | −0.079% | — | $2.7M | — | as long as short |
| KuCoin MINAUSDTM | −0.0006% | 8h | 0.1265 | −0.260% | $765K | $507K | 30x | as long as short |
Kraken Futures PF_MINAUSD
MEXC MINA_USDT
BloFin MINA-USDT
Bitget MINAUSDT
Gate MINA_USDT
Bybit MINAUSDT
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 | −0.087% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1276 | +0.549% | $410K | $150K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA