Funding you earn now, next payment 08:00 UTC+0.0113%/8h= +12.4% APRnext payment +$1.13 per $10,000 · paid last 24h +0.065%
Price spread now: KuCoin against BloFin+0.374%65s7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$230as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2312.307% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)−0.637%−$64 · spread now +0.374%, 7d avg +0.005%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.369% dearer against BloFin than usual: you sell high and buy low: +$37 more if the spread goes back to its 7-day average of +0.005%. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin MINA-USDT | 0.1337 | −0.0201 | get 0.0201% / 8h | 1h 26m | $252K | $192K | 50x |
| Short | KuCoin MINAUSDTM | 0.1342 | −0.0088 | pay 0.0088% / 8h | 1h 26m | $776K | $453K | 30x |
BloFin MINA-USDT
KuCoin MINAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. 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
- $23.72
- Price spread: +0.374% → +0.005%
- $36.9
- Slippage, 4 orders
- −$206.7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$170.08
- Costs to cover
- 2.307%
- Break-even
- 57.2 days
Slippage from BloFin: live order book, 50 min ago; KuCoin: live order book, 38 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 BloFin live order book, 50 min ago | 0.77 bp | 22.5 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 38 min ago | 14.73 bp | 115.3 bp −$115 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINAUSDT | −0.2452% | 4h | 0.1346 | +0.703% | $4.6M | $5.0M | 25x | as long as short |
| Kraken Futures PF_MINAUSD | −0.1955% | 1h | 0.1343 | +0.506% | $21K | $62K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0678% | 4h | 0.1343 | +0.441% | $1.8M | $12.7M | 20x | as long as short |
| Hyperliquid MINA | −0.0595% | 1h | 0.1341 | +0.352% | $3.3M | $1.6M | 3x | as long as short |
| Binance MINAUSDT | −0.0222% | 8h | 0.1343 | +0.473% | $4.5M | $24.7M | 50x | as long as short |
| MEXC MINA_USDT | −0.0221% | 8h | 0.1342 | +0.389% | $1.2M | $1.2M | 50x | as long as short |
| BloFin MINA-USDTlong | −0.0201% | 8h | 0.1337 | long leg | $252K | $192K | 50x | |
| Bitget MINAUSDT | −0.0197% | 8h | 0.1343 | +0.509% | $1.9M | $3.3M | 50x | as long as short |
| Gate MINA_USDT | −0.0181% | 8h | 0.1343 | +0.494% | $439K | $657K | 50x | as long as short |
| BingX MINA-USDT | −0.0157% | 8h | 0.1343 | +0.479% | — | $2.6M | — | as long as short |
Bybit MINAUSDT
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
Hyperliquid MINA
Binance MINAUSDT
MEXC MINA_USDT
Bitget MINAUSDT
Gate MINA_USDT
BingX MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MINAUSDTMshort | −0.0088% | 8h | 0.1342 | +0.374% | $776K | $453K | 30x | |
| Variational Omni MINA | +0.0100% | 4h | 0.1326 | −0.788% | $427K | $67K | — | as long as short |
Variational Omni MINA