Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.4% APRnext payment +$0.03 per $10,000 · paid last 24h −0.071%
Price spread now: Binance against KuCoin+0.062%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$233as in the Funding arb table
Net, price: spread back to 7d avg − costs−$224as in the Price arb table
costs, in and out, $10k−$2322.320% of the position
Funding, last 7 days−0.012%−$1 on $10k
+Price spread, last 4 days (all we have)−1.600%−$160 · spread now +0.062%, 7d avg −0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.077% dearer against KuCoin than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MINAUSDTM | 0.1286 | −0.0120 | get 0.0120% / 8h | 5h 13m | $753K | $512K | 30x |
| Short | Binance MINAUSDT | 0.1287 | −0.0117 | pay 0.0117% / 8h | 5h 13m | $4.3M | $32.0M | 50x |
KuCoin MINAUSDTM
Binance MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $0.68
- Price spread: +0.062% → −0.015%
- $7.73
- Slippage, 4 orders
- −$209.96
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$223.55
- Costs to cover
- 2.320%
- Break-even
- 2306.9 days
Slippage from KuCoin: live order book, 11 min ago; Binance: live order book, 13 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 KuCoin live order book, 11 min ago | 13.42 bp | 75.2 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.79 bp | 24.3 bp −$24 | 105.7 bp −$1,057 | 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 | −0.5087% | 1h | 0.1293 | +0.523% | $20K | $82K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0306% | 4h | 0.1286 | −0.016% | $1.8M | $16.4M | 20x | as long as short |
| Bybit MINAUSDT | −0.0300% | 4h | 0.1288 | +0.194% | $4.5M | $6.0M | 25x | as long as short |
| Gate MINA_USDT | −0.0130% | 8h | 0.1287 | +0.070% | $410K | $909K | 50x | as long as short |
| KuCoin MINAUSDTMlong | −0.0120% | 8h | 0.1286 | long leg | $753K | $512K | 30x | |
| Binance MINAUSDTshort | −0.0117% | 8h | 0.1287 | +0.062% | $4.3M | $32.0M | 50x | |
| MEXC MINA_USDT | −0.0116% | 8h | 0.1286 | +0.031% | $1.2M | $1.4M | 50x | as long as short |
| Bitget MINAUSDT | −0.0116% | 8h | 0.1289 | +0.226% | $1.9M | $3.7M | 50x | as long as short |
| BloFin MINA-USDT | −0.0106% | 8h | 0.1285 | −0.054% | $244K | $263K | 50x | as long as short |
| BingX MINA-USDT | −0.0098% | 8h | 0.1288 | +0.132% | — | $2.7M | — | as long as short |
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
Bybit MINAUSDT
Gate MINA_USDT
MEXC MINA_USDT
Bitget MINAUSDT
BloFin MINA-USDT
BingX MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1287 | +0.101% | $3.3M | $2.5M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1286 | +0.008% | $415K | $86K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA