Funding you earn now, next payment 08:00 UTC+0.0125%/8h= +13.7% APRpaid last 24h −0.160%
Price spread now: Bybit against KuCoin+0.055%7-day average +0.164% · you sell dearer than you buy
Net, funding: paid 7d − costs−$309as in the Funding arb table
Net, price: spread back to 7d avg − costs−$279as in the Price arb table
costs, in and out, $10k−$2682.681% of the position
Funding, last 7 days−0.408%−$41 on $10k
+Price spread, last 4 days (all we have)−0.626%−$63 · spread now +0.055%, 7d avg +0.164%
=Funding pays, the price is against you. Bybit is 0.109% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.055% now, against its 7-day average of +0.164%). If the spread goes back, that is −$11 on $10k: about 2.9 days of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.408%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MINAUSDTM | 0.1273 | −0.0025 | get 0.0025% / 8h | 3h 59m | $742K | $496K | 30x |
| Short | Bybit MINAUSDT | 0.1273 | 0.0100 | get 0.0050% / 4h | 3h 59m | $4.4M | $5.4M | 25x |
KuCoin MINAUSDTM
Bybit MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $26.25
- Price spread: +0.055% → +0.164%
- −$10.89
- Slippage, 4 orders
- −$245.12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$252.76
- Costs to cover
- 2.681%
- Break-even
- 74.4 days
Slippage from KuCoin: live order book, 15 min ago; Bybit: 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, 15 min ago | 9.02 bp | 75.6 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.15 bp | 59.1 bp −$59 | 151.6 bp −$1,516 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX MINA-USDT-SWAP | −0.0402% | 4h | 0.1273 | +0.008% | $1.8M | $14.4M | 20x | as long as short |
| Gate MINA_USDT | −0.0133% | 8h | 0.1272 | −0.047% | $402K | $732K | 50x | as long as short |
| KuCoin MINAUSDTMlong | −0.0025% | 8h | 0.1273 | long leg | $742K | $496K | 30x | |
| Bitget MINAUSDT | +0.0040% | 8h | 0.1271 | −0.110% | $1.8M | $3.4M | 50x | as long as short |
| BingX MINA-USDT | +0.0050% | 8h | 0.1273 | +0.039% | — | $2.7M | — | as long as short |
| MEXC MINA_USDT | +0.0051% | 8h | 0.1272 | −0.055% | $1.1M | $1.2M | 50x | as long as short |
| Binance MINAUSDT | +0.0051% | 8h | 0.1272 | −0.055% | $4.3M | $27.9M | 50x | as long as short |
| BloFin MINA-USDT | +0.0070% | 8h | 0.1270 | −0.157% | $243K | $231K | 50x | as long as short |
| Hyperliquid MINA | +0.0100% | 1h | 0.1272 | −0.024% | $3.2M | $1.6M | 3x | as long as short |
| Bybit MINAUSDTshort | +0.0100% | 4h | 0.1273 | +0.055% | $4.4M | $5.4M | 25x |
OKX MINA-USDT-SWAP
Gate MINA_USDT
Bitget MINAUSDT
BingX MINA-USDT
MEXC MINA_USDT
Binance MINAUSDT
BloFin MINA-USDT
Hyperliquid MINAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MINA | +0.0100% | 4h | 0.1273 | +0.041% | $410K | $69K | — | as long as short |
| Kraken Futures PF_MINAUSD | +0.1355% | 1h | 0.1273 | +0.072% | $20K | $74K | 10x | as long as short |
Variational Omni MINA
Kraken Futures PF_MINAUSD