Funding you earn now, next payment 08:00 UTC+0.0074%/8h= +8.1% APRnext payment +$0.74 per $10,000 · paid last 24h −0.065%
Price spread now: BloFin against KuCoin−0.196%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$237as in the Funding arb table
Net, price: spread back to 7d avg − costs−$256as in the Price arb table
costs, in and out, $10k−$2372.366% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 4 days (all we have)+0.670%+$67 · spread now −0.196%, 7d avg −0.003%
=Funding pays, the price is against you. BloFin is 0.193% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.196% now, against its 7-day average of −0.003%). If the spread goes back, that is −$19 on $10k: about 8.7 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MINAUSDTM | 0.1275 | −0.0054 | get 0.0054% / 8h | 4h 13m | $744K | $499K | 30x |
| Short | BloFin MINA-USDT | 0.1273 | 0.0020 | get 0.0020% / 8h | 4h 13m | $242K | $234K | 50x |
KuCoin MINAUSDTM
BloFin MINA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $15.51
- Price spread: −0.196% → −0.003%
- −$19.31
- Slippage, 4 orders
- −$212.64
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$240.44
- Costs to cover
- 2.366%
- Break-even
- 115.5 days
Slippage from KuCoin: live order book, 1 min ago; BloFin: live order book, 18 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, 1 min ago | 9.02 bp | 75.6 bp −$76 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 18 min ago | 5.52 bp | 24.1 bp −$24 | 78.5 bp −$785 | 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 | −0.2580% | 1h | 0.1278 | +0.251% | $20K | $76K | 10x | as long as short |
| OKX MINA-USDT-SWAP | −0.0389% | 4h | 0.1273 | −0.173% | $1.8M | $14.7M | 20x | as long as short |
| Gate MINA_USDT | −0.0110% | 8h | 0.1272 | −0.227% | $402K | $833K | 50x | as long as short |
| KuCoin MINAUSDTMlong | −0.0054% | 8h | 0.1275 | long leg | $744K | $499K | 30x | |
| Bitget MINAUSDT | +0.0008% | 8h | 0.1273 | −0.165% | $1.8M | $3.5M | 50x | as long as short |
| MEXC MINA_USDT | +0.0015% | 8h | 0.1274 | −0.118% | $1.1M | $1.3M | 50x | as long as short |
| BingX MINA-USDT | +0.0019% | 8h | 0.1274 | −0.071% | — | $2.7M | — | as long as short |
| Binance MINAUSDT | +0.0020% | 8h | 0.1273 | −0.157% | $4.3M | $28.8M | 50x | as long as short |
| BloFin MINA-USDTshort | +0.0020% | 8h | 0.1273 | −0.196% | $242K | $234K | 50x | |
| Bybit MINAUSDT | +0.0082% | 4h | 0.1275 | +0.016% | $4.4M | $5.5M | 25x | as long as short |
Kraken Futures PF_MINAUSD
OKX MINA-USDT-SWAP
Gate MINA_USDT
Bitget MINAUSDT
MEXC MINA_USDT
BingX MINA-USDT
Binance MINAUSDT
Bybit MINAUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MINA | +0.0100% | 1h | 0.1273 | −0.149% | $3.2M | $1.7M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1274 | −0.065% | $410K | $73K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA