Funding you earn now, next payment 23:00 UTC−0.1710%/8h= −187.3% APRpaid last 24h −0.176%
Price spread now: Kraken Futures against Bybit−0.184%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−1.895%−$190 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 −$51 a day on $10k at the current rate, and Kraken Futures is 0.184% cheaper against Bybit than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MINAUSDT | 0.1275 | −0.0094 | get 0.0047% / 4h | 1h 03m | $4.4M | $6.7M | 25x |
| Short | Kraken Futures PF_MINAUSD | 0.1273 | −0.1804 | pay 0.0226% / 1h | 3m 28s | $24K | $88K | 10x |
Bybit MINAUSDT
Kraken Futures PF_MINAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bybit. 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
- −$359.12
- Price spread: −0.184% → 0.000%
- −$18.39
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$398.51
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 10 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 Bybit live order book, 10 min ago | 2.74 bp | 29.7 bp −$30 | 146.0 bp −$1,460 | 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 | −0.1804% | 1h | 0.1273 | −0.184% | $24K | $88K | 10x | |
| MEXC MINA_USDT | −0.0380% | 8h | 0.1274 | −0.094% | $1.2M | $1.5M | 50x | as long as short |
| Binance MINAUSDT | −0.0376% | 8h | 0.1274 | −0.091% | $4.4M | $33.7M | 50x | as long as short |
| BloFin MINA-USDT | −0.0376% | 8h | 0.1273 | −0.165% | $196K | $292K | 50x | as long as short |
| OKX MINA-USDT-SWAP | −0.0247% | 4h | 0.1274 | −0.141% | $1.9M | $17.0M | 20x | as long as short |
| Bitget MINAUSDT | −0.0240% | 8h | 0.1274 | −0.141% | $1.8M | $3.8M | 50x | as long as short |
| Gate MINA_USDT | −0.0193% | 8h | 0.1273 | −0.172% | $411K | $972K | 50x | as long as short |
| KuCoin MINAUSDTM | −0.0113% | 8h | 0.1273 | −0.220% | $767K | $504K | 30x | as long as short |
| Bybit MINAUSDTlong | −0.0094% | 4h | 0.1275 | long leg | $4.4M | $6.7M | 25x | |
| BingX MINA-USDT | −0.0059% | 8h | 0.1274 | −0.094% | — | $2.7M | — | as long as short |
MEXC MINA_USDT
Binance MINAUSDT
BloFin MINA-USDT
OKX MINA-USDT-SWAP
Bitget MINAUSDT
Gate MINA_USDT
KuCoin MINAUSDTM
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 | 0.1275 | −0.063% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1275 | −0.033% | $410K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA