Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.18 per $10,000 · paid last 24h −0.023%
Price spread now: KuCoin against BingX−0.015%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$286as in the Funding arb table
Net, price: spread back to 7d avg − costs−$229as in the Price arb table
costs, in and out, $10k−$2342.338% of the position
Funding, last 7 days−0.522%−$52 on $10k
+Price spread, last 4 days (all we have)−0.029%−$3 · spread now −0.015%, 7d avg −0.067%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.052% dearer against BingX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.067%. Mind the row above: over the last 7 days funding on this pair cost −0.522%, 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 | BingX MINA-USDT | 0.1300 | 0.0007 | pay 0.0007% / 8h | 2h 49m | — | $2.6M | — |
| Short | KuCoin MINAUSDTM | 0.1300 | 0.0025 | get 0.0025% / 8h | 2h 49m | $766K | $488K | 30x |
BingX MINA-USDT
KuCoin MINAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- $3.78
- Price spread: −0.015% → −0.067%
- $5.2
- Slippage, 4 orders
- −$211.78
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$224.81
- Costs to cover
- 2.338%
- Break-even
- 423.3 days
Slippage from BingX: live order book, 5 min ago; KuCoin: live order book, 20 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 BingX live order book, 5 min ago | 4.64 bp | 25.0 bp −$25 | 99.1 bp −$991 | 376.4 bp −$37.6K | 469.7 bp −$234.9K |
| Sell KuCoin live order book, 20 min ago | 14.35 bp | 103.9 bp −$104 | 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 | −0.2873% | 1h | 0.1305 | +0.388% | $21K | $65K | 10x | as long as short |
| Bybit MINAUSDT | −0.0700% | 4h | 0.1301 | +0.100% | $4.4M | $5.1M | 25x | as long as short |
| OKX MINA-USDT-SWAP | −0.0461% | 4h | 0.1301 | +0.062% | $1.8M | $13.2M | 20x | as long as short |
| Gate MINA_USDT | −0.0183% | 8h | 0.1299 | −0.062% | $416K | $706K | 50x | as long as short |
| Bitget MINAUSDT | −0.0035% | 8h | 0.1299 | −0.085% | $1.8M | $3.3M | 50x | as long as short |
| BloFin MINA-USDT | −0.0019% | 8h | 0.1299 | −0.092% | $244K | $229K | 50x | as long as short |
| BingX MINA-USDTlong | +0.0007% | 8h | 0.1300 | long leg | — | $2.6M | — | |
| Binance MINAUSDT | +0.0009% | 8h | 0.1300 | −0.023% | $4.3M | $25.7M | 50x | as long as short |
| MEXC MINA_USDT | +0.0012% | 8h | 0.1299 | −0.038% | $1.1M | $1.2M | 50x | as long as short |
| KuCoin MINAUSDTMshort | +0.0025% | 8h | 0.1300 | −0.015% | $766K | $488K | 30x |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
OKX MINA-USDT-SWAP
Gate MINA_USDT
Bitget MINAUSDT
BloFin MINA-USDT
Binance MINAUSDT
MEXC MINA_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0086% | 1h | 0.1298 | −0.108% | $3.3M | $1.5M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1303 | +0.213% | $421K | $68K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA