Funding you earn now, next payment 16:00 UTC+0.0223%/8h= +24.4% APRnext payment +$2.23 per $10,000 · paid last 24h +0.004%
Price spread now: KuCoin against Gate+0.295%7-day average −0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$306as in the Funding arb table
Net, price: spread back to 7d avg − costs−$256as in the Price arb table
costs, in and out, $10k−$2892.891% of the position
Funding, last 7 days−0.165%−$16 on $10k
+Price spread, last 4 days (all we have)−0.316%−$32 · spread now +0.295%, 7d avg −0.038%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and KuCoin is 0.334% dearer against Gate than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of −0.038%. Mind the row above: over the last 7 days funding on this pair cost −0.165%, 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 | Gate MINA_USDT | 0.1355 | −0.0643 | get 0.0643% / 8h | 7h 41m | $444K | $540K | 50x |
| Short | KuCoin MINAUSDTM | 0.1359 | −0.0420 | pay 0.0420% / 8h | 7h 41m | $818K | $431K | 30x |
Gate MINA_USDT
KuCoin MINAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $46.83
- Price spread: +0.295% → −0.038%
- $33.35
- Slippage, 4 orders
- −$262.12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$208.94
- Costs to cover
- 2.891%
- Break-even
- 38.2 days
Slippage from Gate: live order book, 55 min ago; KuCoin: live order book, 3 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 Gate live order book, 55 min ago | 11.79 bp | 55.1 bp −$55 | 1544.8 bp −$15.4K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 18.29 bp | 90.3 bp −$90 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX MINA-USDT-SWAP | −0.0757% | 4h | 0.1355 | +0.015% | $2.0M | $11.1M | 20x | as long as short |
| Gate MINA_USDTlong | −0.0643% | 8h | 0.1355 | long leg | $444K | $540K | 50x | |
| Kraken Futures PF_MINAUSD | −0.0499% | 1h | 0.1370 | +1.127% | $22K | $55K | 10x | as long as short |
| KuCoin MINAUSDTMshort | −0.0420% | 8h | 0.1359 | +0.295% | $818K | $431K | 30x | |
| Hyperliquid MINA | −0.0410% | 1h | 0.1357 | +0.177% | $3.4M | $1.5M | 3x | as long as short |
| Binance MINAUSDT | −0.0402% | 8h | 0.1353 | −0.096% | $4.5M | $20.9M | 50x | as long as short |
| MEXC MINA_USDT | −0.0392% | 8h | 0.1356 | +0.074% | $1.3M | $1.1M | 50x | as long as short |
| Bitget MINAUSDT | −0.0379% | 8h | 0.1354 | −0.030% | $1.9M | $2.9M | 50x | as long as short |
| BloFin MINA-USDT | −0.0356% | 8h | 0.1364 | +0.701% | $254K | $170K | 50x | as long as short |
| Bybit MINAUSDT | −0.0271% | 4h | 0.1357 | +0.133% | $4.8M | $4.5M | 25x | as long as short |
OKX MINA-USDT-SWAP
Kraken Futures PF_MINAUSD
Hyperliquid MINA
Binance MINAUSDT
MEXC MINA_USDT
Bitget MINAUSDT
BloFin MINA-USDT
Bybit MINAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MINA-USDT | +0.0030% | 8h | 0.1355 | +0.044% | — | $2.5M | — | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1376 | +1.567% | $445K | $61K | — | as long as short |
BingX MINA-USDT
Variational Omni MINA