Funding you earn now, next payment 04:00 UTC−0.0119%/8h= −13.1% APRpaid last 24h +0.060%
Price spread now: KuCoin against OKX−0.147%7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$227as in the Funding arb table
Net, price: spread back to 7d avg − costs−$243as in the Price arb table
costs, in and out, $10k−$2272.270% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.496%+$50 · spread now −0.147%, 7d avg +0.010%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.157% cheaper against OKX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.010%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MINA-USDT-SWAP | 0.1296 | 0.0040 | pay 0.0020% / 4h | 3h 37m | $1.9M | $17.3M | 20x |
| Short | KuCoin MINAUSDTM | 0.1294 | −0.0079 | pay 0.0079% / 8h | 7h 37m | $776K | $502K | 30x |
OKX MINA-USDT-SWAP
KuCoin MINAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- −$25.07
- Price spread: −0.147% → +0.010%
- −$15.67
- Slippage, 4 orders
- −$204.97
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$267.72
- Costs to cover
- 2.270%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; KuCoin: live order book, 17 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 OKX live order book, 1 min ago | 1.16 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 17 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 | −0.3316% | 1h | 0.1292 | −0.275% | $24K | $86K | 10x | as long as short |
| Bybit MINAUSDT | −0.0942% | 4h | 0.1297 | +0.085% | $4.5M | $6.6M | 25x | as long as short |
| Gate MINA_USDT | −0.0447% | 8h | 0.1294 | −0.147% | $417K | $946K | 50x | as long as short |
| Binance MINAUSDT | −0.0323% | 8h | 0.1295 | −0.008% | $4.5M | $33.4M | 50x | as long as short |
| MEXC MINA_USDT | −0.0322% | 8h | 0.1295 | −0.062% | $1.2M | $1.4M | 50x | as long as short |
| BloFin MINA-USDT | −0.0304% | 8h | 0.1292 | −0.293% | $255K | $291K | 50x | as long as short |
| Bitget MINAUSDT | −0.0223% | 8h | 0.1295 | −0.031% | $1.8M | $3.8M | 50x | as long as short |
| KuCoin MINAUSDTMshort | −0.0079% | 8h | 0.1294 | −0.147% | $776K | $502K | 30x | |
| BingX MINA-USDT | −0.0023% | 8h | 0.1296 | +0.008% | — | $2.7M | — | as long as short |
| OKX MINA-USDT-SWAPlong | +0.0040% | 4h | 0.1296 | long leg | $1.9M | $17.3M | 20x |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
Gate MINA_USDT
Binance MINAUSDT
MEXC MINA_USDT
BloFin MINA-USDT
Bitget MINAUSDT
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 | 0.1296 | +0.032% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1295 | −0.073% | $417K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA