Funding you earn now, next payment 03:00 UTC−0.4949%/8h= −541.9% APRpaid last 24h −0.480%
Price spread now: Kraken Futures against Gate+0.120%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.737%−$274 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Kraken Futures is 0.120% dearer against Gate than usual: you sell high and buy low (spread +0.120% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$148 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−2.737% in total) that is about 7 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -2.737% in total (about -142.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MINA_USDT | 0.1279 | −0.0187 | get 0.0187% / 8h | 5h 53m | $409K | $899K | 50x |
| Short | Kraken Futures PF_MINAUSD | 0.1280 | −0.5136 | pay 0.0642% / 1h | 53m 28s | $23K | $79K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- −$1,039.23
- Price spread: +0.120% → 0.000%
- $11.96
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$1,052.27
- Costs to cover
- 0.250%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 8 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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 Gate live order book, 8 min ago | 8.23 bp | 51.3 bp −$51 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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_MINAUSDshort | −0.5136% | 1h | 0.1280 | +0.120% | $23K | $79K | 10x | |
| Bybit MINAUSDT | −0.0499% | 4h | 0.1281 | +0.203% | $4.5M | $6.3M | 25x | as long as short |
| Binance MINAUSDT | −0.0204% | 8h | 0.1280 | +0.117% | $4.3M | $32.9M | 50x | as long as short |
| OKX MINA-USDT-SWAP | −0.0204% | 4h | 0.1279 | +0.039% | $1.8M | $16.8M | 20x | as long as short |
| MEXC MINA_USDT | −0.0204% | 8h | 0.1280 | +0.055% | $1.2M | $1.4M | 50x | as long as short |
| Bitget MINAUSDT | −0.0189% | 8h | 0.1280 | +0.063% | $1.8M | $3.7M | 50x | as long as short |
| Gate MINA_USDTlong | −0.0187% | 8h | 0.1279 | long leg | $409K | $899K | 50x | |
| KuCoin MINAUSDTM | −0.0145% | 8h | 0.1280 | +0.055% | $740K | $515K | 30x | as long as short |
| BingX MINA-USDT | −0.0137% | 8h | 0.1280 | +0.086% | — | $2.7M | — | as long as short |
| Hyperliquid MINA | +0.0100% | 1h | 0.1279 | +0.024% | $3.3M | $2.5M | 3x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MINA | +0.0100% | 4h | 0.1286 | +0.527% | $413K | $137K | — | as long as short |
Gate MINA_USDT
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
Binance MINAUSDT
OKX MINA-USDT-SWAP
MEXC MINA_USDT
Bitget MINAUSDT
KuCoin MINAUSDTM
BingX MINA-USDT
Hyperliquid MINA
Variational Omni MINA