Funding you earn now, next payment 10:00 UTC−0.4418%/8h= −483.8% APRpaid last 24h −0.641%
Price spread now: Kraken Futures against KuCoin−0.167%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.751%−$275 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$133 a day on $10k at the current rate, and Kraken Futures is 0.167% cheaper against KuCoin than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -2.751% in total (about -143.5% 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 | KuCoin MINAUSDTM | 0.1376 | −0.0450 | get 0.0450% / 8h | 6h 57m | $818K | $336K | 30x |
| Short | Kraken Futures PF_MINAUSD | 0.1373 | −0.4868 | pay 0.0609% / 1h | 57m 09s | $23K | $51K | 10x |
KuCoin MINAUSDTM
Kraken Futures PF_MINAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$927.79
- Price spread: −0.167% → 0.000%
- −$16.74
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$966.53
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 47 min ago; Kraken Futures: no order-book sample. 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 KuCoin live order book, 47 min ago | 18.29 bp | 99.0 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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_MINAUSDshort | −0.4868% | 1h | 0.1373 | −0.167% | $23K | $51K | 10x | |
| Hyperliquid MINA | −0.1018% | 1h | 0.1375 | −0.015% | $3.4M | $1.4M | 3x | as long as short |
| Gate MINA_USDT | −0.0835% | 8h | 0.1379 | +0.291% | $450K | $475K | 50x | as long as short |
| OKX MINA-USDT-SWAP | −0.0834% | 4h | 0.1376 | 0.000% | $2.0M | $9.3M | 20x | as long as short |
| Binance MINAUSDT | −0.0616% | 8h | 0.1376 | +0.050% | $4.6M | $18.3M | 50x | as long as short |
| MEXC MINA_USDT | −0.0611% | 8h | 0.1376 | +0.044% | $1.3M | $924K | 50x | as long as short |
| BloFin MINA-USDT | −0.0588% | 8h | 0.1371 | −0.356% | $255K | $162K | 50x | as long as short |
| Bitget MINAUSDT | −0.0581% | 8h | 0.1375 | −0.036% | $2.0M | $2.6M | 50x | as long as short |
| KuCoin MINAUSDTMlong | −0.0450% | 8h | 0.1376 | long leg | $818K | $336K | 30x | |
| Bybit MINAUSDT | −0.0339% | 4h | 0.1379 | +0.291% | $4.8M | $4.0M | 25x | as long as short |
Hyperliquid MINA
Gate MINA_USDT
OKX MINA-USDT-SWAP
Binance MINAUSDT
MEXC MINA_USDT
BloFin MINA-USDT
Bitget MINAUSDT
Bybit MINAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MINA-USDT | −0.0134% | 8h | 0.1378 | +0.145% | — | $2.5M | — | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1364 | −0.836% | $442K | $57K | — | as long as short |
BingX MINA-USDT
Variational Omni MINA