Funding you earn now, next payment 08:00 UTC+0.2006%/8h= +219.7% APRpaid last 24h +0.536%
Price spread now: Bybit against Kraken Futures+0.163%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+2.356%+$236 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 +$60 a day on $10k at the current rate, and Bybit is 0.163% dearer against Kraken Futures than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MINAUSD | 0.1345 | −0.3584 | get 0.0448% / 1h | 17m 09s | $21K | $56K | 10x |
| Short | Bybit MINAUSDT | 0.1347 | −0.1577 | pay 0.0789% / 4h | 17m 09s | $4.8M | $4.7M | 25x |
Kraken Futures PF_MINAUSD
Bybit MINAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $421.28
- Price spread: +0.163% → 0.000%
- $16.33
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $416.61
- Costs to cover
- 0.210%
- Break-even
- 0.1 days
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 1 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 Bybit live order book, 1 min ago | 0.37 bp | 38.1 bp −$38 | 161.0 bp −$1,610 | doesn't fit | doesn't fit |
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 | −0.3584% | 1h | 0.1345 | long leg | $21K | $56K | 10x | |
| Bybit MINAUSDTshort | −0.1577% | 4h | 0.1347 | +0.163% | $4.8M | $4.7M | 25x | |
| OKX MINA-USDT-SWAP | −0.0767% | 4h | 0.1342 | −0.208% | $1.9M | $11.5M | 20x | as long as short |
| KuCoin MINAUSDTM | −0.0353% | 8h | 0.1348 | +0.193% | $797K | $437K | 30x | as long as short |
| Binance MINAUSDT | −0.0297% | 8h | 0.1342 | −0.223% | $4.4M | $22.2M | 50x | as long as short |
| MEXC MINA_USDT | −0.0297% | 8h | 0.1343 | −0.164% | $1.3M | $1.2M | 50x | as long as short |
| BloFin MINA-USDT | −0.0275% | 8h | 0.1343 | −0.201% | $245K | $169K | 50x | as long as short |
| Bitget MINAUSDT | −0.0270% | 8h | 0.1344 | −0.075% | $1.9M | $3.1M | 50x | as long as short |
| Hyperliquid MINA | −0.0249% | 1h | 0.1342 | −0.238% | $3.3M | $1.5M | 3x | as long as short |
| Gate MINA_USDT | −0.0220% | 8h | 0.1344 | −0.075% | $439K | $632K | 50x | as long as short |
OKX MINA-USDT-SWAP
KuCoin MINAUSDTM
Binance MINAUSDT
MEXC MINA_USDT
BloFin MINA-USDT
Bitget MINAUSDT
Hyperliquid MINA
Gate MINA_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MINA-USDT | −0.0215% | 8h | 0.1344 | −0.052% | — | $2.6M | — | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1355 | +0.751% | $436K | $60K | — | as long as short |
BingX MINA-USDT
Variational Omni MINA