Funding you earn now, next payment 08:00 UTC+0.0378%/8h= +41.4% APRnext payment +$3.78 per $10,000 · paid last 24h −0.025%
Price spread now: KuCoin against Gate−0.054%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$271as in the Funding arb table
Net, price: spread back to 7d avg − costs−$255as in the Price arb table
costs, in and out, $10k−$2532.535% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.054%, 7d avg −0.037%
=The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.176%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.176% in total (about -9.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.78 per $10,000. 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 | Gate MINA_USDT | 0.1294 | −0.0455 | get 0.0455% / 8h | 7h 39m | $418K | $946K | 50x |
| Short | KuCoin MINAUSDTM | 0.1294 | −0.0077 | pay 0.0077% / 8h | 7h 39m | $776K | $502K | 30x |
Gate MINA_USDT
KuCoin MINAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- $79.38
- Price spread: −0.054% → −0.037%
- −$1.66
- Slippage, 4 orders
- −$226.46
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$175.74
- Costs to cover
- 2.535%
- Break-even
- 22.5 days
Slippage from Gate: live order book, 32 min ago; KuCoin: live order book, 14 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 Gate live order book, 32 min ago | 11.31 bp | 40.6 bp −$41 | 1423.8 bp −$14.2K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 14 min ago | 16.38 bp | 92.6 bp −$93 | 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 | −0.3319% | 1h | 0.1291 | −0.274% | $24K | $86K | 10x | as long as short |
| Bybit MINAUSDT | −0.1109% | 4h | 0.1294 | −0.008% | $4.5M | $6.6M | 25x | as long as short |
| Gate MINA_USDTlong | −0.0455% | 8h | 0.1294 | long leg | $418K | $946K | 50x | |
| Binance MINAUSDT | −0.0320% | 8h | 0.1293 | −0.128% | $4.4M | $33.4M | 50x | as long as short |
| MEXC MINA_USDT | −0.0320% | 8h | 0.1292 | −0.162% | $1.2M | $1.4M | 50x | as long as short |
| BloFin MINA-USDT | −0.0294% | 8h | 0.1292 | −0.201% | $254K | $291K | 50x | as long as short |
| Bitget MINAUSDT | −0.0217% | 8h | 0.1293 | −0.139% | $1.8M | $3.8M | 50x | as long as short |
| KuCoin MINAUSDTMshort | −0.0077% | 8h | 0.1294 | −0.054% | $776K | $502K | 30x | |
| BingX MINA-USDT | −0.0023% | 8h | 0.1294 | −0.015% | — | $2.7M | — | as long as short |
| OKX MINA-USDT-SWAP | +0.0040% | 4h | 0.1292 | −0.170% | $1.9M | $17.2M | 20x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
Binance MINAUSDT
MEXC MINA_USDT
BloFin MINA-USDT
Bitget MINAUSDT
BingX MINA-USDT
OKX MINA-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1294 | −0.054% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1295 | +0.019% | $417K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA