Funding you earn now, next payment 08:00 UTC−0.0025%/8h= −2.7% APRnext payment −$0.25 per $10,000 · paid last 24h +0.004%
Price spread now: KuCoin against Bitget+0.171%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$240as in the Funding arb table
Net, price: spread back to 7d avg − costs−$216as in the Price arb table
costs, in and out, $10k−$2372.370% of the position
Funding, last 7 days−0.031%−$3 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.171%, 7d avg −0.038%
=The price spread pays, funding is against you. KuCoin is 0.210% dearer against Bitget than usual: you sell high and buy low (spread +0.171% now, against its 7-day average of −0.038%): +$21 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 28 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MINAUSDT | 0.1283 | −0.0107 | get 0.0107% / 8h | 5h 06m | $1.9M | $3.7M | 50x |
| Short | KuCoin MINAUSDTM | 0.1285 | −0.0132 | pay 0.0132% / 8h | 5h 06m | $751K | $511K | 30x |
Bitget MINAUSDT
KuCoin MINAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- −$5.25
- Price spread: +0.171% → −0.038%
- $20.95
- Slippage, 4 orders
- −$213.01
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$221.31
- Costs to cover
- 2.370%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 18 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 Bitget live order book, 1 min ago | 8.15 bp | 24.3 bp −$24 | 97.4 bp −$974 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 18 min ago | 13.42 bp | 111.5 bp −$112 | 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 | −0.5088% | 1h | 0.1292 | +0.729% | $20K | $82K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0360% | 4h | 0.1282 | −0.062% | $1.8M | $16.2M | 20x | as long as short |
| Bybit MINAUSDT | −0.0318% | 4h | 0.1284 | +0.047% | $4.5M | $5.9M | 25x | as long as short |
| Gate MINA_USDT | −0.0148% | 8h | 0.1285 | +0.140% | $409K | $909K | 50x | as long as short |
| KuCoin MINAUSDTMshort | −0.0132% | 8h | 0.1285 | +0.171% | $751K | $511K | 30x | |
| MEXC MINA_USDT | −0.0111% | 8h | 0.1284 | +0.070% | $1.2M | $1.4M | 50x | as long as short |
| BloFin MINA-USDT | −0.0109% | 8h | 0.1289 | +0.436% | $246K | $263K | 50x | as long as short |
| Binance MINAUSDT | −0.0108% | 8h | 0.1284 | +0.102% | $4.3M | $31.9M | 50x | as long as short |
| Bitget MINAUSDTlong | −0.0107% | 8h | 0.1283 | long leg | $1.9M | $3.7M | 50x | |
| BingX MINA-USDT | −0.0087% | 8h | 0.1282 | −0.055% | — | $2.7M | — | as long as short |
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
Bybit MINAUSDT
Gate MINA_USDT
MEXC MINA_USDT
BloFin 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 | +0.0100% | 1h | 0.1286 | +0.242% | $3.3M | $2.5M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1286 | +0.238% | $415K | $86K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA