Funding you earn now, next payment 08:00 UTC+0.0135%/8h= +14.8% APRnext payment +$1.35 per $10,000 · paid last 24h +0.071%
Price spread now: KuCoin against Binance−0.102%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$253as in the Price arb table
costs, in and out, $10k−$2422.416% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.363%+$36 · spread now −0.102%, 7d avg +0.017%
=Funding pays, the price is against you. KuCoin is 0.118% cheaper against Binance than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of +0.017%). If the spread goes back, that is −$12 on $10k: about 2.9 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.012% in total) that is about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MINAUSDT | 0.1280 | −0.0245 | get 0.0245% / 8h | 6h 15m | $4.2M | $33.4M | 50x |
| Short | KuCoin MINAUSDTM | 0.1278 | −0.0110 | pay 0.0110% / 8h | 6h 15m | $742K | $516K | 30x |
Binance MINAUSDT
KuCoin MINAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- $28.41
- Price spread: −0.102% → +0.017%
- −$11.81
- Slippage, 4 orders
- −$219.62
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$225.03
- Costs to cover
- 2.416%
- Break-even
- 62.4 days
Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 24 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 Binance live order book, 11 min ago | 1.57 bp | 20.7 bp −$21 | 120.0 bp −$1,200 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 24 min ago | 22.75 bp | 119.8 bp −$120 | doesn't fit | doesn't fit | doesn't fit |
MINA on 11 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 | −0.5033% | 1h | 0.1276 | −0.267% | $23K | $79K | 10x | as long as short |
| Bybit MINAUSDT | −0.0672% | 4h | 0.1281 | +0.086% | $4.5M | $6.5M | 25x | as long as short |
| Binance MINAUSDTlong | −0.0245% | 8h | 0.1280 | long leg | $4.2M | $33.4M | 50x | |
| MEXC MINA_USDT | −0.0245% | 8h | 0.1280 | +0.016% | $1.2M | $1.4M | 50x | as long as short |
| Bitget MINAUSDT | −0.0203% | 8h | 0.1280 | 0.000% | $1.8M | $3.8M | 50x | as long as short |
| Gate MINA_USDT | −0.0165% | 8h | 0.1279 | −0.047% | $410K | $948K | 50x | as long as short |
| KuCoin MINAUSDTMshort | −0.0110% | 8h | 0.1278 | −0.102% | $742K | $516K | 30x | |
| OKX MINA-USDT-SWAP | −0.0091% | 4h | 0.1278 | −0.094% | $1.8M | $17.0M | 20x | as long as short |
| BingX MINA-USDT | −0.0052% | 8h | 0.1280 | +0.016% | — | $2.7M | — | as long as short |
| Hyperliquid MINA | +0.0100% | 1h | 0.1279 | −0.055% | $3.4M | $2.5M | 3x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
MEXC MINA_USDT
Bitget MINAUSDT
Gate MINA_USDT
OKX MINA-USDT-SWAP
BingX MINA-USDT
Hyperliquid MINAShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MINA | +0.0100% | 4h | 0.1279 | −0.015% | $413K | $140K | — | as long as short |
Variational Omni MINA