Funding you earn now, next payment 02:00 UTC−0.4786%/8h= −524.1% APRpaid last 24h −0.381%
Price spread now: Kraken Futures against Bitget−0.229%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−2.533%−$253 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 −$144 a day on $10k at the current rate, and Kraken Futures is 0.229% cheaper against Bitget than usual: you would sell low and buy high (−$23 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -2.533% in total (about -132.1% 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 | Bitget MINAUSDT | 0.1284 | −0.0228 | get 0.0228% / 8h | 6h 46m | $1.8M | $3.8M | 50x |
| Short | Kraken Futures PF_MINAUSD | 0.1281 | −0.5014 | pay 0.0627% / 1h | 46m 32s | $23K | $82K | 10x |
Bitget MINAUSDT
Kraken Futures PF_MINAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- −$1,005.11
- Price spread: −0.229% → 0.000%
- −$22.91
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$1,050.02
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 1 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 Bitget live order book, 1 min ago | 6.24 bp | 22.8 bp −$23 | 89.1 bp −$891 | 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 | −0.5014% | 1h | 0.1281 | −0.229% | $23K | $82K | 10x | |
| Bybit MINAUSDT | −0.0905% | 4h | 0.1283 | −0.062% | $4.5M | $6.5M | 25x | as long as short |
| Gate MINA_USDT | −0.0325% | 8h | 0.1282 | −0.148% | $409K | $939K | 50x | as long as short |
| BloFin MINA-USDT | −0.0316% | 8h | 0.1288 | +0.319% | $252K | $290K | 50x | as long as short |
| MEXC MINA_USDT | −0.0296% | 8h | 0.1282 | −0.132% | $1.2M | $1.4M | 50x | as long as short |
| Binance MINAUSDT | −0.0295% | 8h | 0.1282 | −0.171% | $4.4M | $33.4M | 50x | as long as short |
| Bitget MINAUSDTlong | −0.0228% | 8h | 0.1284 | long leg | $1.8M | $3.8M | 50x | |
| KuCoin MINAUSDTM | −0.0087% | 8h | 0.1283 | −0.023% | $765K | $508K | 30x | as long as short |
| BingX MINA-USDT | −0.0022% | 8h | 0.1282 | −0.140% | — | $2.7M | — | as long as short |
| OKX MINA-USDT-SWAP | −0.0010% | 4h | 0.1281 | −0.210% | $1.9M | $17.1M | 20x | as long as short |
Bybit MINAUSDT
Gate MINA_USDT
BloFin MINA-USDT
MEXC MINA_USDT
Binance MINAUSDT
KuCoin MINAUSDTM
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 | 0.1282 | −0.171% | $3.6M | $2.3M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1286 | +0.132% | $415K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA