Funding you earn now, next payment 08:00 UTC+0.0085%/8h= +9.3% APRnext payment +$0.85 per $10,000 · paid last 24h +0.004%
Price spread now: KuCoin against Bitget−0.260%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$259as in the Price arb table
costs, in and out, $10k−$2372.366% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)+0.234%+$23 · spread now −0.260%, 7d avg −0.038%
=Funding pays, the price is against you. KuCoin is 0.223% cheaper against Bitget than usual: you would sell low and buy high (spread −0.260% now, against its 7-day average of −0.038%). If the spread goes back, that is −$22 on $10k: about 8.7 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MINAUSDT | 0.1305 | −0.0045 | get 0.0045% / 8h | 2h 38m | $1.9M | $3.4M | 50x |
| Short | KuCoin MINAUSDTM | 0.1302 | 0.0040 | get 0.0040% / 8h | 2h 38m | $776K | $491K | 30x |
Bitget MINAUSDT
KuCoin MINAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $17.85
- Price spread: −0.260% → −0.038%
- −$22.28
- Slippage, 4 orders
- −$212.6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$241.03
- Costs to cover
- 2.366%
- Break-even
- 101.5 days
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 31 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 Bitget live order book, 4 min ago | 7.63 bp | 24.0 bp −$24 | 117.2 bp −$1,172 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 31 min ago | 14.35 bp | 103.9 bp −$104 | 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 | −0.2873% | 1h | 0.1305 | −0.044% | $21K | $65K | 10x | as long as short |
| Bybit MINAUSDT | −0.0561% | 4h | 0.1307 | +0.146% | $4.5M | $5.1M | 25x | as long as short |
| OKX MINA-USDT-SWAP | −0.0503% | 4h | 0.1304 | −0.130% | $1.8M | $13.2M | 20x | as long as short |
| Gate MINA_USDT | −0.0169% | 8h | 0.1301 | −0.345% | $423K | $717K | 50x | as long as short |
| Bitget MINAUSDTlong | −0.0045% | 8h | 0.1305 | long leg | $1.9M | $3.4M | 50x | |
| BloFin MINA-USDT | +0.0002% | 8h | 0.1298 | −0.529% | $244K | $210K | 50x | as long as short |
| MEXC MINA_USDT | +0.0006% | 8h | 0.1305 | −0.054% | $1.1M | $1.2M | 50x | as long as short |
| Binance MINAUSDT | +0.0007% | 8h | 0.1305 | −0.054% | $4.4M | $25.7M | 50x | as long as short |
| BingX MINA-USDT | +0.0013% | 8h | 0.1306 | +0.046% | — | $2.6M | — | as long as short |
| KuCoin MINAUSDTMshort | +0.0040% | 8h | 0.1302 | −0.260% | $776K | $491K | 30x |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
OKX MINA-USDT-SWAP
Gate MINA_USDT
BloFin MINA-USDT
MEXC MINA_USDT
Binance MINAUSDT
BingX MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0084% | 1h | 0.1303 | −0.138% | $3.3M | $1.6M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1306 | +0.091% | $422K | $68K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA