Funding you earn now, next payment 08:00 UTC−0.0035%/8h= −3.8% APRnext payment −$0.35 per $10,000 · paid last 24h +0.071%
Price spread now: KuCoin against Binance−0.134%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$249as in the Price arb table
costs, in and out, $10k−$2342.341% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.605%+$60 · spread now −0.134%, 7d avg +0.014%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.149% cheaper against Binance than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MINAUSDT | 0.1296 | 0.0048 | pay 0.0048% / 8h | 3h 30m | $4.3M | $26.8M | 50x |
| Short | KuCoin MINAUSDTM | 0.1295 | 0.0013 | get 0.0013% / 8h | 3h 30m | $762K | $496K | 30x |
Binance MINAUSDT
KuCoin MINAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- −$7.26
- Price spread: −0.134% → +0.014%
- −$14.87
- Slippage, 4 orders
- −$212.08
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$256.2
- Costs to cover
- 2.341%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; KuCoin: live order book, 44 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 Binance live order book, 10 min ago | 2.31 bp | 25.0 bp −$25 | 133.8 bp −$1,338 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 44 min ago | 9.02 bp | 112.9 bp −$113 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINAUSDT | −0.0652% | 4h | 0.1297 | +0.058% | $4.4M | $5.3M | 25x | as long as short |
| OKX MINA-USDT-SWAP | −0.0399% | 4h | 0.1295 | −0.073% | $1.8M | $13.9M | 20x | as long as short |
| Gate MINA_USDT | −0.0143% | 8h | 0.1296 | −0.042% | $415K | $742K | 50x | as long as short |
| KuCoin MINAUSDTMshort | +0.0013% | 8h | 0.1295 | −0.134% | $762K | $496K | 30x | |
| Hyperliquid MINA | +0.0035% | 1h | 0.1296 | −0.019% | $3.3M | $1.6M | 3x | as long as short |
| Bitget MINAUSDT | +0.0036% | 8h | 0.1295 | −0.088% | $1.9M | $3.4M | 50x | as long as short |
| MEXC MINA_USDT | +0.0044% | 8h | 0.1297 | +0.012% | $1.1M | $1.2M | 50x | as long as short |
| Binance MINAUSDTlong | +0.0048% | 8h | 0.1296 | long leg | $4.3M | $26.8M | 50x | |
| BingX MINA-USDT | +0.0062% | 8h | 0.1296 | +0.004% | — | $2.6M | — | as long as short |
| BloFin MINA-USDT | +0.0077% | 8h | 0.1296 | −0.034% | $246K | $229K | 50x | as long as short |
Bybit MINAUSDT
OKX MINA-USDT-SWAP
Gate MINA_USDT
Hyperliquid MINA
Bitget MINAUSDT
MEXC MINA_USDT
BingX MINA-USDT
BloFin MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MINA | +0.0100% | 4h | 0.1297 | +0.064% | $419K | $69K | — | as long as short |
| Kraken Futures PF_MINAUSD | +0.1332% | 1h | 0.1295 | −0.098% | $21K | $69K | 10x | as long as short |
Variational Omni MINA
Kraken Futures PF_MINAUSD