Funding you earn now, next payment 08:00 UTC−0.0033%/8h= −3.6% APRnext payment −$0.33 per $10,000 · paid last 24h +0.023%
Price spread now: BingX against KuCoin−0.052%7-day average +0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$249as in the Price arb table
costs, in and out, $10k−$2372.368% of the position
Funding, last 7 days+0.522%+$52 on $10k
+Price spread, last 4 days (all we have)+0.073%+$7 · spread now −0.052%, 7d avg +0.068%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.120% cheaper against KuCoin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.068%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.522%, 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 | KuCoin MINAUSDTM | 0.1349 | −0.0129 | get 0.0129% / 8h | 1h 19m | $783K | $449K | 30x |
| Short | BingX MINA-USDT | 0.1348 | −0.0162 | pay 0.0162% / 8h | 1h 19m | — | $2.6M | — |
KuCoin MINAUSDTM
BingX MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- −$6.93
- Price spread: −0.052% → +0.068%
- −$12
- Slippage, 4 orders
- −$214.82
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$255.74
- Costs to cover
- 2.368%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 45 min ago; BingX: live order book, 10 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 KuCoin live order book, 45 min ago | 14.73 bp | 73.8 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 4.89 bp | 28.3 bp −$28 | 88.8 bp −$888 | 396.4 bp −$39.6K | 524.4 bp −$262.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINAUSDT | −0.2614% | 4h | 0.1349 | +0.044% | $4.6M | $5.0M | 25x | as long as short |
| Kraken Futures PF_MINAUSD | −0.1948% | 1h | 0.1348 | −0.022% | $21K | $62K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0705% | 4h | 0.1345 | −0.267% | $1.9M | $12.7M | 20x | as long as short |
| Hyperliquid MINA | −0.0668% | 1h | 0.1347 | −0.126% | $3.3M | $1.5M | 3x | as long as short |
| Binance MINAUSDT | −0.0243% | 8h | 0.1348 | −0.073% | $4.5M | $24.7M | 50x | as long as short |
| MEXC MINA_USDT | −0.0243% | 8h | 0.1347 | −0.111% | $1.2M | $1.2M | 50x | as long as short |
| Bitget MINAUSDT | −0.0217% | 8h | 0.1347 | −0.126% | $1.9M | $3.3M | 50x | as long as short |
| BloFin MINA-USDT | −0.0210% | 8h | 0.1342 | −0.467% | $250K | $193K | 50x | as long as short |
| Gate MINA_USDT | −0.0202% | 8h | 0.1349 | +0.022% | $441K | $657K | 50x | as long as short |
| BingX MINA-USDTshort | −0.0162% | 8h | 0.1348 | −0.052% | — | $2.6M | — |
Bybit MINAUSDT
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
Hyperliquid MINA
Binance MINAUSDT
MEXC MINA_USDT
Bitget MINAUSDT
BloFin MINA-USDT
Gate MINA_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MINAUSDTMlong | −0.0129% | 8h | 0.1349 | long leg | $783K | $449K | 30x | |
| Variational Omni MINA | +0.0100% | 4h | 0.1343 | −0.396% | $434K | $67K | — | as long as short |
Variational Omni MINA