Funding you earn now, next payment 00:00 UTC+0.0358%/8h= +39.2% APRnext payment +$3.58 per $10,000 · paid last 24h +0.068%
Price spread now: KuCoin against Binance+0.071%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs−$217as in the Price arb table
costs, in and out, $10k−$2222.222% of the position
Funding, last 7 days+0.047%+$5 on $10k
+Price spread, last 4 days (all we have)+0.399%+$40 · spread now +0.071%, 7d avg +0.020%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and KuCoin is 0.052% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.020%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.047% in total (about 2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.58 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 | Binance MINAUSDT | 0.1263 | −0.0401 | get 0.0401% / 8h | 1h 49m | $4.4M | $34.0M | 50x |
| Short | KuCoin MINAUSDTM | 0.1264 | −0.0043 | pay 0.0043% / 8h | 1h 49m | $766K | $506K | 30x |
Binance MINAUSDT
KuCoin MINAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- $75.18
- Price spread: +0.071% → +0.020%
- $5.18
- Slippage, 4 orders
- −$200.2
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$141.84
- Costs to cover
- 2.222%
- Break-even
- 20.2 days
Slippage from Binance: live order book, 7 min ago; KuCoin: live order book, 24 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 Binance live order book, 7 min ago | 1.98 bp | 22.2 bp −$22 | 123.9 bp −$1,239 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 24 min ago | 14.54 bp | 92.4 bp −$92 | 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 | −0.1823% | 1h | 0.1260 | −0.228% | $25K | $87K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0433% | 4h | 0.1263 | +0.008% | $1.9M | $17.0M | 20x | as long as short |
| Binance MINAUSDTlong | −0.0401% | 8h | 0.1263 | long leg | $4.4M | $34.0M | 50x | |
| MEXC MINA_USDT | −0.0401% | 8h | 0.1263 | +0.008% | $1.2M | $1.5M | 50x | as long as short |
| BloFin MINA-USDT | −0.0400% | 8h | 0.1264 | +0.063% | $253K | $320K | 50x | as long as short |
| Bitget MINAUSDT | −0.0273% | 8h | 0.1263 | +0.040% | $1.8M | $3.8M | 50x | as long as short |
| Gate MINA_USDT | −0.0216% | 8h | 0.1265 | +0.151% | $411K | $964K | 50x | as long as short |
| Bybit MINAUSDT | −0.0082% | 4h | 0.1265 | +0.135% | $4.4M | $6.7M | 25x | as long as short |
| KuCoin MINAUSDTMshort | −0.0043% | 8h | 0.1264 | +0.071% | $766K | $506K | 30x | |
| BingX MINA-USDT | −0.0002% | 8h | 0.1264 | +0.087% | — | $2.7M | — | as long as short |
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
MEXC MINA_USDT
BloFin MINA-USDT
Bitget MINAUSDT
Gate MINA_USDT
Bybit MINAUSDT
BingX MINA-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1264 | +0.111% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1266 | +0.277% | $408K | $150K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA