Funding you earn now, next payment 08:00 UTC−0.0061%/8h= −6.7% APRnext payment −$0.61 per $10,000 · paid last 24h +0.065%
Price spread now: KuCoin against BloFin−0.123%80s7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$236as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2372.366% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)−0.183%−$18 · spread now −0.123%, 7d avg +0.004%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and KuCoin is 0.127% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.004%). Swap the legs. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MINA-USDT | 0.1296 | 0.0077 | pay 0.0077% / 8h | 3h 29m | $246K | $229K | 50x |
| Short | KuCoin MINAUSDTM | 0.1294 | 0.0016 | get 0.0016% / 8h | 3h 29m | $762K | $496K | 30x |
BloFin MINA-USDT
KuCoin MINAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- −$12.88
- Price spread: −0.123% → +0.004%
- −$12.74
- Slippage, 4 orders
- −$212.64
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$262.26
- Costs to cover
- 2.366%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 62 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 BloFin live order book, 62 min ago | 5.52 bp | 24.0 bp −$24 | doesn't fit | 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 | −0.0634% | 4h | 0.1295 | −0.046% | $4.4M | $5.3M | 25x | as long as short |
| OKX MINA-USDT-SWAP | −0.0393% | 4h | 0.1293 | −0.262% | $1.8M | $13.8M | 20x | as long as short |
| Gate MINA_USDT | −0.0140% | 8h | 0.1295 | −0.085% | $415K | $742K | 50x | as long as short |
| KuCoin MINAUSDTMshort | +0.0016% | 8h | 0.1294 | −0.123% | $762K | $496K | 30x | |
| Hyperliquid MINA | +0.0029% | 1h | 0.1294 | −0.185% | $3.3M | $1.6M | 3x | as long as short |
| Bitget MINAUSDT | +0.0034% | 8h | 0.1292 | −0.332% | $1.8M | $3.4M | 50x | as long as short |
| MEXC MINA_USDT | +0.0047% | 8h | 0.1293 | −0.247% | $1.1M | $1.2M | 50x | as long as short |
| Binance MINAUSDT | +0.0048% | 8h | 0.1293 | −0.216% | $4.3M | $26.7M | 50x | as long as short |
| BingX MINA-USDT | +0.0062% | 8h | 0.1295 | −0.046% | — | $2.6M | — | as long as short |
| BloFin MINA-USDTlong | +0.0077% | 8h | 0.1296 | long leg | $246K | $229K | 50x |
Bybit MINAUSDT
OKX MINA-USDT-SWAP
Gate MINA_USDT
Hyperliquid MINA
Bitget MINAUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MINA | +0.0100% | 4h | 0.1297 | +0.098% | $419K | $69K | — | as long as short |
| Kraken Futures PF_MINAUSD | +0.1334% | 1h | 0.1293 | −0.208% | $20K | $69K | 10x | as long as short |
Variational Omni MINA
Kraken Futures PF_MINAUSD