Funding you earn now, next payment 08:00 UTC+0.0404%/8h= +44.2% APRpaid last 24h +0.038%
Price spread now: KuCoin against Bybit−0.392%7-day average −0.165% · you buy dearer than you sell
Net, funding: paid 7d − costs−$260as in the Funding arb table
Net, price: spread back to 7d avg − costs−$317as in the Price arb table
costs, in and out, $10k−$2952.946% of the position
Funding, last 7 days+0.344%+$34 on $10k
+Price spread, last 4 days (all we have)+0.717%+$72 · spread now −0.392%, 7d avg −0.165%
=Funding pays, the price is against you. KuCoin is 0.228% cheaper against Bybit than usual: you would sell low and buy high (spread −0.392% now, against its 7-day average of −0.165%). If the spread goes back, that is −$23 on $10k: about 45 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.344% in total) that is about 4.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MINAUSDT | 0.1300 | −0.0410 | get 0.0205% / 4h | 3h 45m | $4.5M | $5.3M | 25x |
| Short | KuCoin MINAUSDTM | 0.1295 | −0.0006 | pay 0.0006% / 8h | 3h 45m | $763K | $496K | 30x |
Bybit MINAUSDT
KuCoin MINAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $84.75
- Price spread: −0.392% → −0.165%
- −$22.77
- Slippage, 4 orders
- −$271.58
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$232.59
- Costs to cover
- 2.946%
- Break-even
- 26.2 days
Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 29 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 Bybit live order book, 3 min ago | 0.38 bp | 59.9 bp −$60 | 166.0 bp −$1,660 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 29 min ago | 9.02 bp | 112.9 bp −$113 | 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 | −0.0418% | 4h | 0.1298 | −0.154% | $1.8M | $14.1M | 20x | as long as short |
| Bybit MINAUSDTlong | −0.0410% | 4h | 0.1300 | long leg | $4.5M | $5.3M | 25x | |
| Gate MINA_USDT | −0.0144% | 8h | 0.1296 | −0.315% | $414K | $740K | 50x | as long as short |
| KuCoin MINAUSDTMshort | −0.0006% | 8h | 0.1295 | −0.392% | $763K | $496K | 30x | |
| Bitget MINAUSDT | +0.0057% | 8h | 0.1296 | −0.269% | $1.9M | $3.4M | 50x | as long as short |
| BloFin MINA-USDT | +0.0065% | 8h | 0.1295 | −0.415% | $241K | $228K | 50x | as long as short |
| MEXC MINA_USDT | +0.0067% | 8h | 0.1296 | −0.315% | $1.1M | $1.2M | 50x | as long as short |
| Binance MINAUSDT | +0.0068% | 8h | 0.1297 | −0.200% | $4.3M | $27.1M | 50x | as long as short |
| BingX MINA-USDT | +0.0072% | 8h | 0.1298 | −0.185% | — | $2.6M | — | as long as short |
| Hyperliquid MINA | +0.0100% | 1h | 0.1296 | −0.308% | $3.3M | $1.6M | 3x | as long as short |
OKX MINA-USDT-SWAP
Gate MINA_USDT
Bitget MINAUSDT
BloFin MINA-USDT
MEXC MINA_USDT
Binance MINAUSDT
BingX MINA-USDT
Hyperliquid MINAShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MINA | +0.0100% | 4h | 0.1297 | −0.252% | $418K | $69K | — | as long as short |
| Kraken Futures PF_MINAUSD | +0.1327% | 1h | 0.1300 | +0.025% | $21K | $70K | 10x | as long as short |
Variational Omni MINA
Kraken Futures PF_MINAUSD