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: Bitget against KuCoin−0.138%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$234as in the Funding arb table
Net, price: spread back to 7d avg − costs−$254as 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)+0.165%+$16 · spread now −0.138%, 7d avg +0.038%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.176% cheaper against KuCoin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.038%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MINAUSDTM | 0.1302 | 0.0040 | pay 0.0040% / 8h | 2h 38m | $776K | $491K | 30x |
| Short | Bitget MINAUSDT | 0.1300 | −0.0045 | pay 0.0045% / 8h | 2h 38m | $1.9M | $3.4M | 50x |
KuCoin MINAUSDTM
Bitget MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$17.85
- Price spread: −0.138% → +0.038%
- −$17.59
- Slippage, 4 orders
- −$212.6
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$272.04
- Costs to cover
- 2.366%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 31 min ago; Bitget: live order book, 4 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, 31 min ago | 14.35 bp | 82.5 bp −$82 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 7.63 bp | 26.2 bp −$26 | 112.9 bp −$1,129 | 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 | +0.217% | $21K | $65K | 10x | as long as short |
| Bybit MINAUSDT | −0.0561% | 4h | 0.1303 | +0.061% | $4.4M | $5.1M | 25x | as long as short |
| OKX MINA-USDT-SWAP | −0.0508% | 4h | 0.1301 | −0.054% | $1.8M | $13.2M | 20x | as long as short |
| Gate MINA_USDT | −0.0169% | 8h | 0.1301 | −0.084% | $423K | $717K | 50x | as long as short |
| Bitget MINAUSDTshort | −0.0045% | 8h | 0.1300 | −0.138% | $1.9M | $3.4M | 50x | |
| BloFin MINA-USDT | +0.0002% | 8h | 0.1298 | −0.269% | $244K | $210K | 50x | as long as short |
| MEXC MINA_USDT | +0.0006% | 8h | 0.1301 | −0.054% | $1.1M | $1.2M | 50x | as long as short |
| Binance MINAUSDT | +0.0007% | 8h | 0.1302 | +0.023% | $4.4M | $25.7M | 50x | as long as short |
| BingX MINA-USDT | +0.0013% | 8h | 0.1302 | +0.038% | — | $2.6M | — | as long as short |
| KuCoin MINAUSDTMlong | +0.0040% | 8h | 0.1302 | long leg | $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 | +0.0079% | 1h | 0.1300 | −0.138% | $3.3M | $1.6M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1306 | +0.352% | $422K | $68K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA