Funding you earn now, next payment 02:00 UTC−0.4838%/8h= −529.7% APRpaid last 24h −0.381%
Price spread now: Kraken Futures against Bitget−0.361%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.533%−$253 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$145 a day on $10k at the current rate, and Kraken Futures is 0.361% cheaper against Bitget than usual: you would sell low and buy high (−$36 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -2.533% in total (about -132.1% 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 | Bitget MINAUSDT | 0.1278 | −0.0205 | get 0.0205% / 8h | 6h 05m | $1.8M | $3.8M | 50x |
| Short | Kraken Futures PF_MINAUSD | 0.1274 | −0.5043 | pay 0.0630% / 1h | 5m 19s | $23K | $79K | 10x |
Bitget MINAUSDT
Kraken Futures PF_MINAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- −$1,015.95
- Price spread: −0.361% → 0.000%
- −$36.1
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$1,074.05
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 3 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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 Bitget live order book, 3 min ago | 7.45 bp | 21.8 bp −$22 | 69.4 bp −$694 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MINA on 11 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_MINAUSDshort | −0.5043% | 1h | 0.1274 | −0.361% | $23K | $79K | 10x | |
| Bybit MINAUSDT | −0.0571% | 4h | 0.1280 | +0.149% | $4.5M | $6.4M | 25x | as long as short |
| Binance MINAUSDT | −0.0232% | 8h | 0.1278 | +0.017% | $4.2M | $33.2M | 50x | as long as short |
| MEXC MINA_USDT | −0.0231% | 8h | 0.1279 | +0.031% | $1.2M | $1.4M | 50x | as long as short |
| Bitget MINAUSDTlong | −0.0205% | 8h | 0.1278 | long leg | $1.8M | $3.8M | 50x | |
| Gate MINA_USDT | −0.0203% | 8h | 0.1276 | −0.149% | $410K | $949K | 50x | as long as short |
| OKX MINA-USDT-SWAP | −0.0168% | 4h | 0.1278 | −0.016% | $1.8M | $16.9M | 20x | as long as short |
| KuCoin MINAUSDTM | −0.0142% | 8h | 0.1276 | −0.196% | $740K | $515K | 30x | as long as short |
| BingX MINA-USDT | −0.0129% | 8h | 0.1278 | −0.016% | — | $2.7M | — | as long as short |
| Hyperliquid MINA | +0.0100% | 1h | 0.1278 | +0.017% | $3.4M | $2.5M | 3x | as long as short |
Bybit MINAUSDT
Binance MINAUSDT
MEXC MINA_USDT
Gate MINA_USDT
OKX MINA-USDT-SWAP
KuCoin MINAUSDTM
BingX MINA-USDT
Hyperliquid MINAShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MINA | +0.0100% | 4h | 0.1279 | +0.065% | $412K | $140K | — | as long as short |
Variational Omni MINA