Funding you earn now, next payment 04:00 UTC+0.0213%/8h= +23.4% APRpaid last 24h +0.086%
Price spread now: Gate against OKX−0.134%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$145as in the Price arb table
costs, in and out, $10k−$1271.271% of the position
Funding, last 7 days+0.176%+$18 on $10k
+Price spread, last 4 days (all we have)+0.971%+$97 · spread now −0.134%, 7d avg +0.046%
=Funding pays, the price is against you. Gate is 0.180% cheaper against OKX than usual: you would sell low and buy high (spread −0.134% now, against its 7-day average of +0.046%). If the spread goes back, that is −$18 on $10k: about 2.8 days of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.176% in total) that is about 7.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MINA-USDT-SWAP | 0.1272 | −0.0383 | get 0.0192% / 4h | 42m 02s | $1.8M | $15.8M | 20x |
| Short | Gate MINA_USDT | 0.1271 | −0.0170 | pay 0.0170% / 8h | 4h 42m | $403K | $819K | 50x |
OKX MINA-USDT-SWAP
Gate MINA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $44.79
- Price spread: −0.134% → +0.046%
- −$18
- Slippage, 4 orders
- −$102.14
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$100.34
- Costs to cover
- 1.271%
- Break-even
- 22.7 days
Slippage from OKX: live order book, 1 min ago; Gate: live order book, 15 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, 1 min ago | 3.54 bp | 22.4 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 15 min ago | 10.17 bp | 44.1 bp −$44 | 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 | −0.2588% | 1h | 0.1275 | +0.178% | $20K | $82K | 10x | as long as short |
| OKX MINA-USDT-SWAPlong | −0.0383% | 4h | 0.1272 | long leg | $1.8M | $15.8M | 20x | |
| Gate MINA_USDTshort | −0.0170% | 8h | 0.1271 | −0.134% | $403K | $819K | 50x | |
| Bybit MINAUSDT | −0.0160% | 4h | 0.1273 | +0.063% | $4.4M | $5.9M | 25x | as long as short |
| KuCoin MINAUSDTM | −0.0116% | 8h | 0.1272 | −0.039% | $743K | $509K | 30x | as long as short |
| BloFin MINA-USDT | −0.0086% | 8h | 0.1270 | −0.181% | $244K | $259K | 50x | as long as short |
| MEXC MINA_USDT | −0.0066% | 8h | 0.1271 | −0.110% | $1.1M | $1.3M | 50x | as long as short |
| Binance MINAUSDT | −0.0063% | 8h | 0.1272 | −0.055% | $4.3M | $31.3M | 50x | as long as short |
| Bitget MINAUSDT | −0.0056% | 8h | 0.1270 | −0.181% | $1.8M | $3.6M | 50x | as long as short |
| BingX MINA-USDT | −0.0047% | 8h | 0.1272 | −0.039% | — | $2.7M | — | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
KuCoin MINAUSDTM
BloFin MINA-USDT
MEXC MINA_USDT
Binance MINAUSDT
Bitget MINAUSDT
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 | 0.1271 | −0.106% | $3.2M | $2.5M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1272 | −0.018% | $410K | $86K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA