Funding you earn now, next payment 04:00 UTC−0.0136%/8h= −14.9% APRpaid last 24h +0.160%
Price spread now: KuCoin against Bybit−0.016%7-day average −0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs−$269as in the Funding arb table
Net, price: spread back to 7d avg − costs−$295as in the Price arb table
costs, in and out, $10k−$3103.096% of the position
Funding, last 7 days+0.408%+$41 on $10k
+Price spread, last 4 days (all we have)+0.587%+$59 · spread now −0.016%, 7d avg −0.164%
=The price spread pays, funding is against you. KuCoin is 0.148% dearer against Bybit than usual: you sell high and buy low (spread −0.016% now, against its 7-day average of −0.164%): +$15 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.408%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MINAUSDT | 0.1275 | 0.0082 | pay 0.0041% / 4h | 13m 18s | $4.4M | $5.5M | 25x |
| Short | KuCoin MINAUSDTM | 0.1275 | −0.0054 | pay 0.0054% / 8h | 4h 13m | $744K | $499K | 30x |
Bybit MINAUSDT
KuCoin MINAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- −$28.49
- Price spread: −0.016% → −0.164%
- $14.83
- Slippage, 4 orders
- −$286.56
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$323.23
- Costs to cover
- 3.096%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 1 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 Bybit live order book, 5 min ago | 2.35 bp | 60.6 bp −$61 | 154.5 bp −$1,545 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 9.02 bp | 112.9 bp −$113 | 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 | −0.2580% | 1h | 0.1278 | +0.235% | $20K | $76K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0389% | 4h | 0.1273 | −0.188% | $1.8M | $14.7M | 20x | as long as short |
| Gate MINA_USDT | −0.0110% | 8h | 0.1272 | −0.243% | $402K | $833K | 50x | as long as short |
| KuCoin MINAUSDTMshort | −0.0054% | 8h | 0.1275 | −0.016% | $744K | $499K | 30x | |
| Bitget MINAUSDT | +0.0008% | 8h | 0.1273 | −0.180% | $1.8M | $3.5M | 50x | as long as short |
| MEXC MINA_USDT | +0.0015% | 8h | 0.1274 | −0.133% | $1.1M | $1.3M | 50x | as long as short |
| BingX MINA-USDT | +0.0019% | 8h | 0.1274 | −0.086% | — | $2.7M | — | as long as short |
| Binance MINAUSDT | +0.0020% | 8h | 0.1273 | −0.172% | $4.3M | $28.8M | 50x | as long as short |
| BloFin MINA-USDT | +0.0020% | 8h | 0.1273 | −0.212% | $242K | $234K | 50x | as long as short |
| Bybit MINAUSDTlong | +0.0082% | 4h | 0.1275 | long leg | $4.4M | $5.5M | 25x |
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
Gate MINA_USDT
Bitget MINAUSDT
MEXC MINA_USDT
BingX MINA-USDT
Binance MINAUSDT
BloFin MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1273 | −0.165% | $3.2M | $1.7M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1274 | −0.080% | $410K | $73K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA