Funding you earn now, next payment 16:00 UTC+0.0270%/8h= +29.6% APRnext payment +$2.70 per $10,000 · paid last 24h +0.009%
Price spread now: KuCoin against Bitget−0.207%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$264as in the Price arb table
costs, in and out, $10k−$2472.467% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 4 days (all we have)+0.243%+$24 · spread now −0.207%, 7d avg −0.036%
=Funding pays, the price is against you. KuCoin is 0.171% cheaper against Bitget than usual: you would sell low and buy high (spread −0.207% now, against its 7-day average of −0.036%). If the spread goes back, that is −$17 on $10k: about 2.1 days of funding at the current rate (+$8 a day). Mind the row above: over the last 7 days funding on this pair cost −0.076%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.076% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.70 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MINAUSDT | 0.1355 | −0.0822 | get 0.0822% / 8h | 5h 54m | $1.9M | $2.4M | 50x |
| Short | KuCoin MINAUSDTM | 0.1352 | −0.0552 | pay 0.0552% / 8h | 5h 54m | $806K | $306K | 30x |
Bitget MINAUSDT
KuCoin MINAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $56.7
- Price spread: −0.207% → −0.036%
- −$17.1
- Slippage, 4 orders
- −$222.71
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$207.11
- Costs to cover
- 2.467%
- Break-even
- 32.6 days
Slippage from Bitget: live order book, 6 min ago; KuCoin: live order book, 52 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 Bitget live order book, 6 min ago | 4.05 bp | 24.8 bp −$25 | 90.4 bp −$904 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 52 min ago | 19.89 bp | 88.7 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
MINA on 12 exchanges
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 | −0.4315% | 1h | 0.1353 | −0.121% | $22K | $39K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0866% | 4h | 0.1356 | +0.103% | $1.9M | $8.1M | 20x | as long as short |
| Binance MINAUSDT | −0.0863% | 8h | 0.1355 | +0.037% | $4.6M | $17.0M | 50x | as long as short |
| MEXC MINA_USDT | −0.0862% | 8h | 0.1355 | +0.044% | $1.3M | $853K | 50x | as long as short |
| BloFin MINA-USDT | −0.0842% | 8h | 0.1349 | −0.443% | $258K | $157K | 50x | as long as short |
| Bitget MINAUSDTlong | −0.0822% | 8h | 0.1355 | long leg | $1.9M | $2.4M | 50x | |
| Gate MINA_USDT | −0.0816% | 8h | 0.1356 | +0.111% | $445K | $460K | 50x | as long as short |
| Bybit MINAUSDT | −0.0750% | 4h | 0.1358 | +0.229% | $4.8M | $3.8M | 25x | as long as short |
| KuCoin MINAUSDTMshort | −0.0552% | 8h | 0.1352 | −0.207% | $806K | $306K | 30x | |
| BingX MINA-USDT | −0.0308% | 8h | 0.1356 | +0.118% | — | $2.5M | — | as long as short |
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
Binance MINAUSDT
MEXC MINA_USDT
BloFin MINA-USDT
Gate MINA_USDT
Bybit MINAUSDT
BingX MINA-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | −0.0130% | 1h | 0.1355 | +0.030% | $3.3M | $1.3M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1351 | −0.243% | $440K | $54K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA