Funding you earn now, next payment 04:00 UTC+0.0025%/8h= +2.7% APRpaid last 24h −0.060%
Price spread now: OKX against KuCoin+0.087%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$218as in the Funding arb table
Net, price: spread back to 7d avg − costs−$209as in the Price arb table
costs, in and out, $10k−$2182.182% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.400%−$40 · spread now +0.087%, 7d avg −0.010%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.097% dearer against KuCoin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin MINAUSDTM | 0.1271 | −0.0088 | get 0.0088% / 8h | 6h 39m | $760K | $515K | 30x |
| Short | OKX MINA-USDT-SWAP | 0.1272 | −0.0063 | pay 0.0031% / 4h | 2h 39m | $1.9M | $17.0M | 20x |
KuCoin MINAUSDTM
OKX MINA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $5.27
- Price spread: +0.087% → −0.010%
- $9.67
- Slippage, 4 orders
- −$196.25
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$203.31
- Costs to cover
- 2.182%
- Break-even
- 277.0 days
Slippage from KuCoin: live order book, 74 min ago; OKX: 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, 74 min ago | 16.38 bp | 86.4 bp −$86 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.56 bp | 18.6 bp −$19 | 119.3 bp −$1,193 | 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 | −0.5058% | 1h | 0.1270 | −0.091% | $23K | $82K | 10x | as long as short |
| Bybit MINAUSDT | −0.0868% | 4h | 0.1273 | +0.173% | $4.4M | $6.5M | 25x | as long as short |
| Gate MINA_USDT | −0.0327% | 8h | 0.1270 | −0.039% | $403K | $944K | 50x | as long as short |
| BloFin MINA-USDT | −0.0316% | 8h | 0.1288 | +1.338% | $252K | $290K | 50x | as long as short |
| Binance MINAUSDT | −0.0290% | 8h | 0.1272 | +0.071% | $4.3M | $33.5M | 50x | as long as short |
| MEXC MINA_USDT | −0.0289% | 8h | 0.1272 | +0.047% | $1.2M | $1.4M | 50x | as long as short |
| Bitget MINAUSDT | −0.0228% | 8h | 0.1271 | +0.008% | $1.8M | $3.8M | 50x | as long as short |
| KuCoin MINAUSDTMlong | −0.0088% | 8h | 0.1271 | long leg | $760K | $515K | 30x | |
| OKX MINA-USDT-SWAPshort | −0.0063% | 4h | 0.1272 | +0.087% | $1.9M | $17.0M | 20x | |
| BingX MINA-USDT | −0.0027% | 8h | 0.1272 | +0.094% | — | $2.7M | — | as long as short |
Kraken Futures PF_MINAUSD
Bybit MINAUSDT
Gate MINA_USDT
BloFin MINA-USDT
Binance MINAUSDT
MEXC MINA_USDT
Bitget 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 | 0.1272 | +0.118% | $3.6M | $2.3M | 3x | as long as short |
| Variational Omni MINA | +0.0100% | 4h | 0.1277 | +0.480% | $412K | $143K | — | as long as short |
Hyperliquid MINA
Variational Omni MINA