Funding you earn now, next payment 08:00 UTC+0.0493%/8h= +54.0% APRpaid last 24h −0.035%
Price spread now: BloFin against OKX+0.007%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$100as in the Funding arb table
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$950.955% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 4 days (all we have)+0.185%+$18 · spread now +0.007%, 7d avg −0.023%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and BloFin is 0.030% dearer against OKX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.023%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.049% in total (about -2.5% 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 | OKX MINA-USDT-SWAP | 0.1342 | −0.0767 | get 0.0384% / 4h | 17m 05s | $1.9M | $11.5M | 20x |
| Short | BloFin MINA-USDT | 0.1343 | −0.0275 | pay 0.0275% / 8h | 17m 05s | $245K | $169K | 50x |
OKX MINA-USDT-SWAP
BloFin MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $103.48
- Price spread: +0.007% → −0.023%
- $3.02
- Slippage, 4 orders
- −$73.45
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $11.05
- Costs to cover
- 0.955%
- Break-even
- 6.3 days
Slippage from OKX: live order book, 6 min ago; BloFin: live order book, 54 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, 6 min ago | 2.98 bp | 21.8 bp −$22 | 201.6 bp −$2,016 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 54 min ago | 3.74 bp | 27.8 bp −$28 | doesn't fit | 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 | −0.3584% | 1h | 0.1345 | +0.209% | $21K | $56K | 10x | as long as short |
| Bybit MINAUSDT | −0.1577% | 4h | 0.1347 | +0.372% | $4.8M | $4.7M | 25x | as long as short |
| OKX MINA-USDT-SWAPlong | −0.0767% | 4h | 0.1342 | long leg | $1.9M | $11.5M | 20x | |
| KuCoin MINAUSDTM | −0.0353% | 8h | 0.1348 | +0.402% | $797K | $437K | 30x | as long as short |
| Binance MINAUSDT | −0.0297% | 8h | 0.1342 | −0.015% | $4.4M | $22.2M | 50x | as long as short |
| MEXC MINA_USDT | −0.0297% | 8h | 0.1343 | +0.045% | $1.3M | $1.2M | 50x | as long as short |
| BloFin MINA-USDTshort | −0.0275% | 8h | 0.1343 | +0.007% | $245K | $169K | 50x | |
| Bitget MINAUSDT | −0.0270% | 8h | 0.1344 | +0.134% | $1.9M | $3.1M | 50x | as long as short |
| Hyperliquid MINA | −0.0249% | 1h | 0.1342 | −0.030% | $3.3M | $1.5M | 3x | as long as short |
| Gate MINA_USDT | −0.0220% | 8h | 0.1344 | +0.134% | $439K | $632K | 50x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
KuCoin MINAUSDTM
Binance MINAUSDT
MEXC MINA_USDT
Bitget MINAUSDT
Hyperliquid MINA
Gate MINA_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MINA-USDT | −0.0215% | 8h | 0.1344 | +0.156% | — | $2.6M | — | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1355 | +0.962% | $436K | $60K | — | as long as short |
BingX MINA-USDT
Variational Omni MINA