Funding you earn now, next payment 12:00 UTC−0.0514%/8h= −56.3% APRpaid last 24h −0.067%
Price spread now: KuCoin against Variational Omni−0.510%7-day average −0.093% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.181%−$18 on $10k
+Price spread, last 4 days (all we have)+0.284%+$28 · spread now −0.510%, 7d avg −0.093%
=Together, before fees+0.102%+ Points / potential airdropVariational Omni: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and KuCoin is 0.417% cheaper against Variational Omni than usual: you would sell low and buy high (−$42 if the spread goes back to its 7-day average of −0.093%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.181% in total (about -18.0% 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 | Variational Omni MINA | 0.1376 | 0.0100 | pay 0.0050% / 4h | 3h 42m | $445K | $61K | — |
| Short | KuCoin MINAUSDTM | 0.1369 | −0.0414 | pay 0.0414% / 8h | 7h 42m | $824K | $431K | 30x |
Variational Omni MINA
KuCoin MINAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Variational Omni. 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
- −$107.94
- Price spread: −0.510% → −0.093%
- −$41.7
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$161.64
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 57 min ago; KuCoin: live order book, 2 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 Variational Omni RFQ quote, 57 min ago | 11.31 bp | doesn't fit | 147.0 bp −$1,470 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 18.29 bp | 90.3 bp −$90 | 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 | |
|---|---|---|---|---|---|---|---|---|
| OKX MINA-USDT-SWAP | −0.0748% | 4h | 0.1364 | −0.896% | $2.0M | $11.2M | 20x | as long as short |
| Kraken Futures PF_MINAUSD | −0.0499% | 1h | 0.1371 | −0.388% | $22K | $55K | 10x | as long as short |
| Gate MINA_USDT | −0.0491% | 8h | 0.1365 | −0.772% | $448K | $540K | 50x | as long as short |
| KuCoin MINAUSDTMshort | −0.0414% | 8h | 0.1369 | −0.510% | $824K | $431K | 30x | |
| Hyperliquid MINA | −0.0396% | 1h | 0.1363 | −0.910% | $3.4M | $1.5M | 3x | as long as short |
| Binance MINAUSDT | −0.0393% | 8h | 0.1363 | −0.925% | $4.5M | $21.0M | 50x | as long as short |
| MEXC MINA_USDT | −0.0379% | 8h | 0.1363 | −0.917% | $1.3M | $1.1M | 50x | as long as short |
| Bitget MINAUSDT | −0.0374% | 8h | 0.1367 | −0.641% | $2.0M | $2.9M | 50x | as long as short |
| BloFin MINA-USDT | −0.0356% | 8h | 0.1364 | −0.852% | $254K | $170K | 50x | as long as short |
| Bybit MINAUSDT | −0.0057% | 4h | 0.1366 | −0.692% | $4.8M | $4.5M | 25x | as long as short |
OKX MINA-USDT-SWAP
Kraken Futures PF_MINAUSD
Gate MINA_USDT
Hyperliquid MINA
Binance MINAUSDT
MEXC MINA_USDT
Bitget MINAUSDT
BloFin MINA-USDT
Bybit MINAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MINA-USDT | +0.0050% | 8h | 0.1365 | −0.794% | — | $2.5M | — | as long as short |
| Variational Omni MINAlong | +0.0100% | 4h | 0.1376 | long leg | $445K | $61K | — |
BingX MINA-USDT