Funding you earn now, next payment 08:00 UTC−0.0396%/8h= −43.4% APRnext payment −$3.96 per $10,000 · paid last 24h +0.025%
Price spread now: Gate against KuCoin+0.031%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$236as in the Funding arb table
Net, price: spread back to 7d avg − costs−$254as in the Price arb table
costs, in and out, $10k−$2532.535% of the position
Funding, last 7 days+0.176%+$18 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.031%, 7d avg +0.037%
=The price spread sits at its 7-day average of +0.037%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.176%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.176% in total (about 9.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.96 per $10,000. 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 | KuCoin MINAUSDTM | 0.1290 | −0.0088 | get 0.0088% / 8h | 7h 26m | $773K | $500K | 30x |
| Short | Gate MINA_USDT | 0.1290 | −0.0484 | pay 0.0484% / 8h | 7h 26m | $418K | $948K | 50x |
KuCoin MINAUSDTM
Gate MINA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$83.16
- Price spread: +0.031% → +0.037%
- −$0.64
- Slippage, 4 orders
- −$226.46
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$337.26
- Costs to cover
- 2.535%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 27 min ago; Gate: live order book, 45 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, 27 min ago | 16.38 bp | 86.4 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 45 min ago | 11.31 bp | 33.8 bp −$34 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_MINAUSD | −0.3323% | 1h | 0.1289 | −0.016% | $23K | $81K | 10x | as long as short |
| Bybit MINAUSDT | −0.1255% | 4h | 0.1292 | +0.202% | $4.5M | $6.6M | 25x | as long as short |
| Gate MINA_USDTshort | −0.0484% | 8h | 0.1290 | +0.031% | $418K | $948K | 50x | |
| BloFin MINA-USDT | −0.0338% | 8h | 0.1290 | +0.008% | $254K | $290K | 50x | as long as short |
| Binance MINAUSDT | −0.0329% | 8h | 0.1291 | +0.116% | $4.4M | $33.3M | 50x | as long as short |
| MEXC MINA_USDT | −0.0328% | 8h | 0.1288 | −0.093% | $1.2M | $1.4M | 50x | as long as short |
| Bitget MINAUSDT | −0.0241% | 8h | 0.1291 | +0.093% | $1.8M | $3.8M | 50x | as long as short |
| KuCoin MINAUSDTMlong | −0.0088% | 8h | 0.1290 | long leg | $773K | $500K | 30x | |
| BingX MINA-USDT | −0.0029% | 8h | 0.1290 | +0.039% | — | $2.7M | — | as long as short |
| OKX MINA-USDT-SWAP | +0.0048% | 4h | 0.1290 | +0.078% | $1.9M | $17.2M | 20x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
BloFin MINA-USDT
Binance MINAUSDT
MEXC MINA_USDT
Bitget MINAUSDT
BingX MINA-USDT
OKX MINA-USDT-SWAPShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1290 | 0.000% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1292 | +0.186% | $416K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA