Funding you earn now, next payment 00:00 UTC+0.0023%/8h= +2.5% APRnext payment +$0.23 per $10,000 · paid last 24h +0.017%
Price spread now: BingX against KuCoin+0.214%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$210as in the Price arb table
costs, in and out, $10k−$2252.252% of the position
Funding, last 7 days+0.505%+$50 on $10k
+Price spread, last 4 days (all we have)−0.187%−$19 · spread now +0.214%, 7d avg +0.066%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BingX is 0.149% dearer against KuCoin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.066%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MINAUSDTM | 0.1261 | −0.0069 | get 0.0069% / 8h | 1h 33m | $764K | $506K | 30x |
| Short | BingX MINA-USDT | 0.1264 | −0.0046 | pay 0.0046% / 8h | 1h 33m | — | $2.7M | — |
KuCoin MINAUSDTM
BingX MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $4.83
- Price spread: +0.214% → +0.066%
- $14.86
- Slippage, 4 orders
- −$203.16
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$205.48
- Costs to cover
- 2.252%
- Break-even
- 304.8 days
Slippage from KuCoin: live order book, 40 min ago; BingX: live order book, 1 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, 40 min ago | 14.54 bp | 86.5 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 5.55 bp | 24.7 bp −$25 | 71.4 bp −$714 | 353.6 bp −$35.4K | 453.1 bp −$226.5K |
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 | −0.1820% | 1h | 0.1262 | +0.071% | $24K | $87K | 10x | as long as short |
| BloFin MINA-USDT | −0.0417% | 8h | 0.1258 | −0.230% | $252K | $296K | 50x | as long as short |
| MEXC MINA_USDT | −0.0409% | 8h | 0.1263 | +0.119% | $1.2M | $1.5M | 50x | as long as short |
| Binance MINAUSDT | −0.0406% | 8h | 0.1263 | +0.126% | $4.4M | $33.8M | 50x | as long as short |
| OKX MINA-USDT-SWAP | −0.0385% | 4h | 0.1263 | +0.119% | $1.9M | $17.0M | 20x | as long as short |
| Bitget MINAUSDT | −0.0277% | 8h | 0.1263 | +0.103% | $1.8M | $3.8M | 50x | as long as short |
| Gate MINA_USDT | −0.0207% | 8h | 0.1262 | +0.071% | $409K | $965K | 50x | as long as short |
| Bybit MINAUSDT | −0.0145% | 4h | 0.1265 | +0.270% | $4.4M | $6.7M | 25x | as long as short |
| KuCoin MINAUSDTMlong | −0.0069% | 8h | 0.1261 | long leg | $764K | $506K | 30x | |
| BingX MINA-USDTshort | −0.0046% | 8h | 0.1264 | +0.214% | — | $2.7M | — |
Kraken Futures PF_MINAUSD
BloFin MINA-USDT
MEXC MINA_USDT
Binance MINAUSDT
OKX MINA-USDT-SWAP
Bitget MINAUSDT
Gate MINA_USDT
Bybit MINAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1263 | +0.174% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1264 | +0.207% | $407K | $148K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA