Funding you earn now, next payment 00:00 UTC+0.0214%/8h= +23.4% APRnext payment +$2.14 per $10,000 · paid last 24h −0.035%
Price spread now: KuCoin against Gate+0.055%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$272as in the Funding arb table
Net, price: spread back to 7d avg − costs−$243as in the Price arb table
costs, in and out, $10k−$2532.527% of the position
Funding, last 7 days−0.189%−$19 on $10k
+Price spread, last 4 days (all we have)−0.132%−$13 · spread now +0.055%, 7d avg −0.039%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and KuCoin is 0.094% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.039%. Mind the row above: over the last 7 days funding on this pair cost −0.189%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MINA_USDT | 0.1268 | −0.0228 | get 0.0228% / 8h | 1h 59m | $412K | $985K | 50x |
| Short | KuCoin MINAUSDTM | 0.1269 | −0.0014 | pay 0.0014% / 8h | 1h 59m | $769K | $507K | 30x |
Gate MINA_USDT
KuCoin MINAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- $44.94
- Price spread: +0.055% → −0.039%
- $9.41
- Slippage, 4 orders
- −$225.66
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$198.3
- Costs to cover
- 2.527%
- Break-even
- 37.9 days
Slippage from Gate: live order book, 22 min ago; KuCoin: live order book, 14 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 Gate live order book, 22 min ago | 7.90 bp | 41.0 bp −$41 | 1566.0 bp −$15.7K | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 14 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 | −0.0715% | 1h | 0.1269 | +0.071% | $25K | $87K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0473% | 4h | 0.1269 | +0.047% | $1.9M | $17.1M | 20x | as long as short |
| MEXC MINA_USDT | −0.0414% | 8h | 0.1268 | +0.016% | $1.2M | $1.5M | 50x | as long as short |
| Binance MINAUSDT | −0.0411% | 8h | 0.1268 | +0.011% | $4.4M | $34.0M | 50x | as long as short |
| BloFin MINA-USDT | −0.0384% | 8h | 0.1267 | −0.142% | $255K | $321K | 50x | as long as short |
| Bitget MINAUSDT | −0.0277% | 8h | 0.1268 | −0.055% | $1.8M | $3.9M | 50x | as long as short |
| Gate MINA_USDTlong | −0.0228% | 8h | 0.1268 | long leg | $412K | $985K | 50x | |
| Bybit MINAUSDT | −0.0092% | 4h | 0.1270 | +0.173% | $4.5M | $6.8M | 25x | as long as short |
| BingX MINA-USDT | −0.0039% | 8h | 0.1269 | +0.079% | — | $2.7M | — | as long as short |
| KuCoin MINAUSDTMshort | −0.0014% | 8h | 0.1269 | +0.055% | $769K | $507K | 30x |
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
MEXC MINA_USDT
Binance MINAUSDT
BloFin MINA-USDT
Bitget MINAUSDT
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 | 0.1269 | +0.087% | $3.7M | $2.2M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1270 | +0.107% | $409K | $150K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA