Funding you earn now, next payment 08:00 UTC−0.0089%/8h= −9.7% APRnext payment −$0.89 per $10,000 · paid last 24h +0.023%
Price spread now: BingX against KuCoin+0.249%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costs−$219as in the Price arb table
costs, in and out, $10k−$2372.368% of the position
Funding, last 7 days+0.522%+$52 on $10k
+Price spread, last 4 days (all we have)−0.227%−$23 · spread now +0.249%, 7d avg +0.068%
=The price spread pays, funding is against you. BingX is 0.181% dearer against KuCoin than usual: you sell high and buy low (spread +0.249% now, against its 7-day average of +0.068%): +$18 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.522%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MINAUSDTM | 0.1327 | −0.0021 | get 0.0021% / 8h | 1h 46m | $776K | $479K | 30x |
| Short | BingX MINA-USDT | 0.1330 | −0.0110 | pay 0.0110% / 8h | 1h 46m | — | $2.6M | — |
KuCoin MINAUSDTM
BingX MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- −$18.69
- Price spread: +0.249% → +0.068%
- $18.07
- Slippage, 4 orders
- −$214.83
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$237.45
- Costs to cover
- 2.368%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 18 min ago; BingX: live order book, 3 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 KuCoin live order book, 18 min ago | 14.73 bp | 73.8 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 3 min ago | 4.51 bp | 22.9 bp −$23 | 82.8 bp −$828 | 382.0 bp −$38.2K | 489.8 bp −$244.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINAUSDT | −0.2065% | 4h | 0.1332 | +0.384% | $4.6M | $5.0M | 25x | as long as short |
| Kraken Futures PF_MINAUSD | −0.1975% | 1h | 0.1330 | +0.273% | $21K | $62K | 10x | as long as short |
| Hyperliquid MINA | −0.0918% | 1h | 0.1329 | +0.181% | $3.3M | $1.6M | 3x | as long as short |
| OKX MINA-USDT-SWAP | −0.0643% | 4h | 0.1329 | +0.188% | $1.8M | $12.9M | 20x | as long as short |
| BloFin MINA-USDT | −0.0173% | 8h | 0.1327 | +0.053% | $250K | $191K | 50x | as long as short |
| Binance MINAUSDT | −0.0171% | 8h | 0.1329 | +0.173% | $4.4M | $25.1M | 50x | as long as short |
| MEXC MINA_USDT | −0.0170% | 8h | 0.1329 | +0.181% | $1.2M | $1.2M | 50x | as long as short |
| Bitget MINAUSDT | −0.0155% | 8h | 0.1329 | +0.166% | $1.9M | $3.3M | 50x | as long as short |
| Gate MINA_USDT | −0.0154% | 8h | 0.1328 | +0.083% | $435K | $647K | 50x | as long as short |
| BingX MINA-USDTshort | −0.0110% | 8h | 0.1330 | +0.249% | — | $2.6M | — |
Bybit MINAUSDT
Kraken Futures PF_MINAUSD
Hyperliquid MINA
OKX MINA-USDT-SWAP
BloFin MINA-USDT
Binance MINAUSDT
MEXC MINA_USDT
Bitget MINAUSDT
Gate MINA_USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MINAUSDTMlong | −0.0021% | 8h | 0.1327 | long leg | $776K | $479K | 30x | |
| Variational Omni MINA | +0.0100% | 4h | 0.1337 | +0.756% | $432K | $67K | — | as long as short |
Variational Omni MINA