Funding you earn now, next payment 03:00 UTC+0.5064%/8h= +554.6% APRpaid last 24h +0.478%
Price spread now: BingX against Kraken Futures+0.309%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+3.083%+$308 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$152 a day on $10k at the current rate, and BingX is 0.309% dearer against Kraken Futures than usual: you sell high and buy low: +$31 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 3.083% in total (about 160.8% 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 | Kraken Futures PF_MINAUSD | 0.1266 | −0.5193 | get 0.0649% / 1h | 29m 59s | $23K | $78K | 10x |
| Short | BingX MINA-USDT | 0.1270 | −0.0129 | pay 0.0129% / 8h | 5h 29m | — | $2.7M | — |
Kraken Futures PF_MINAUSD
BingX MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. 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
- $1,063.54
- Price spread: +0.309% → 0.000%
- $30.89
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- $1,074.42
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 5 min ago. 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 5 min ago | 4.34 bp | 23.0 bp −$23 | 66.7 bp −$667 | 313.5 bp −$31.4K | 394.7 bp −$197.3K |
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 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_MINAUSDlong | −0.5193% | 1h | 0.1266 | long leg | $23K | $78K | 10x | |
| Bybit MINAUSDT | −0.0349% | 4h | 0.1270 | +0.333% | $4.4M | $6.0M | 25x | as long as short |
| OKX MINA-USDT-SWAP | −0.0287% | 4h | 0.1269 | +0.230% | $1.8M | $16.4M | 20x | as long as short |
| Gate MINA_USDT | −0.0191% | 8h | 0.1270 | +0.325% | $404K | $901K | 50x | as long as short |
| BloFin MINA-USDT | −0.0178% | 8h | 0.1273 | +0.546% | $246K | $263K | 50x | as long as short |
| MEXC MINA_USDT | −0.0157% | 8h | 0.1269 | +0.246% | $1.2M | $1.4M | 50x | as long as short |
| Bitget MINAUSDT | −0.0154% | 8h | 0.1270 | +0.301% | $1.8M | $3.7M | 50x | as long as short |
| Binance MINAUSDT | −0.0153% | 8h | 0.1270 | +0.269% | $4.2M | $32.3M | 50x | as long as short |
| KuCoin MINAUSDTM | −0.0144% | 8h | 0.1269 | +0.261% | $734K | $508K | 30x | as long as short |
| BingX MINA-USDTshort | −0.0129% | 8h | 0.1270 | +0.309% | — | $2.7M | — |
Bybit MINAUSDT
OKX MINA-USDT-SWAP
Gate MINA_USDT
BloFin MINA-USDT
MEXC MINA_USDT
Bitget MINAUSDT
Binance MINAUSDT
KuCoin MINAUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1269 | +0.246% | $3.3M | $2.5M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1273 | +0.509% | $410K | $86K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA