Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.14 per $10,000 · paid last 24h +0.025%
Price spread now: Gate against KuCoin−0.164%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$270as in the Funding arb table
Net, price: spread back to 7d avg − costs−$307as in the Price arb table
costs, in and out, $10k−$2872.873% of the position
Funding, last 7 days+0.176%+$18 on $10k
+Price spread, last 4 days (all we have)+0.172%+$17 · spread now −0.164%, 7d avg +0.037%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Gate is 0.201% cheaper against KuCoin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.037%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.176%, 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 | 0.1282 | −0.0135 | get 0.0135% / 8h | 5h 56m | $744K | $514K | 30x |
| Short | Gate MINA_USDT | 0.1280 | −0.0149 | pay 0.0149% / 8h | 5h 56m | $409K | $899K | 50x |
KuCoin MINAUSDTM
Gate MINA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$2.94
- Price spread: −0.164% → +0.037%
- −$20.05
- Slippage, 4 orders
- −$260.28
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$310.27
- Costs to cover
- 2.873%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 43 min ago; Gate: live order book, 5 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, 43 min ago | 22.75 bp | 78.5 bp −$78 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 8.23 bp | 37.8 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
MINA on 11 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 | −0.5132% | 1h | 0.1281 | −0.067% | $23K | $79K | 10x | as long as short |
| Bybit MINAUSDT | −0.0452% | 4h | 0.1283 | +0.109% | $4.5M | $6.4M | 25x | as long as short |
| Binance MINAUSDT | −0.0207% | 8h | 0.1282 | +0.031% | $4.3M | $32.9M | 50x | as long as short |
| MEXC MINA_USDT | −0.0207% | 8h | 0.1284 | +0.164% | $1.2M | $1.4M | 50x | as long as short |
| Bitget MINAUSDT | −0.0190% | 8h | 0.1283 | +0.101% | $1.8M | $3.8M | 50x | as long as short |
| OKX MINA-USDT-SWAP | −0.0187% | 4h | 0.1282 | −0.023% | $1.8M | $16.9M | 20x | as long as short |
| Gate MINA_USDTshort | −0.0149% | 8h | 0.1280 | −0.164% | $409K | $899K | 50x | |
| KuCoin MINAUSDTMlong | −0.0135% | 8h | 0.1282 | long leg | $744K | $514K | 30x | |
| BingX MINA-USDT | −0.0129% | 8h | 0.1282 | +0.016% | — | $2.7M | — | as long as short |
| Hyperliquid MINA | +0.0100% | 1h | 0.1284 | +0.140% | $3.3M | $2.5M | 3x | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
Binance MINAUSDT
MEXC MINA_USDT
Bitget MINAUSDT
OKX MINA-USDT-SWAP
BingX MINA-USDT
Hyperliquid MINAShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MINA | +0.0100% | 4h | 0.1283 | +0.088% | $413K | $137K | — | as long as short |
Variational Omni MINA