Funding you earn now, next payment 02:00 UTC+0.1278%/8h= +139.9% APRnext payment +$1.60 per $10,000 · paid last 24h —
Price spread now: tradeXYZ against Aevo+0.058%55s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$38 a day on $10k at the current rate, and tradeXYZ is 0.058% dearer against Aevo than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo MINIMAX-PERP | 39.788 | 0.0440 | pay 0.0055% / 1h | 57m 35s | — | — | 10x |
| Short | tradeXYZ xyz:MINIMAX | 39.811 | 0.1718 | get 0.0215% / 1h | 57m 35s | $4.7M | $3.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Aevo. 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
- $268.38
- Price spread: +0.058% → 0.000%
- $5.84
- Slippage, 4 orders
- no order book: not counted
- Fee Aevo: 8 bp × 2 orders
- −$16
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $240.22
- Costs to cover
- 0.340%
- Break-even
- 0.7 days
Slippage unknown: Aevo: no order-book sample; tradeXYZ: live order book, 11 min ago. Net counts fees only.
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 Aevo no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 11 min ago | 2.13 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MINIMAX on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MINIMAXUSDC | −0.0731% | 4h | 39.788 | +0.001% | $30K | $186K | 10x | as long as short |
| Gate MINIMAX_USDT | 0.0000% | 8h | 39.920 | +0.332% | $1.2M | $4.3M | 50x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 39.860 | +0.182% | $16 | $3.8M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 39.836 | +0.121% | $37K | $70K | 20x | as long as short |
| Bybit MINIMAXUSDT | +0.0019% | 8h | 39.860 | +0.182% | $949K | $1.4M | 25x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 39.803 | +0.038% | $100K | $4K | 10x | as long as short |
| Aster MINIMAXUSDT | +0.0089% | 8h | 39.698 | −0.226% | $35K | $152K | 20x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0100% | 4h | 39.860 | +0.182% | $100K | $44K | 20x | as long as short |
| Extended MINIMAX-USD | +0.0112% | 1h | 39.856 | +0.171% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDT | +0.0136% | 4h | 39.878 | +0.226% | $6.7M | $35.7M | 25x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MINIMAX_USDT_Perp | +0.0164% | 4h | 39.790 | +0.006% | $502 | $130K | 10x | as long as short |
| Aevo MINIMAX-PERPlong | +0.0440% | 1h | 39.788 | long leg | — | — | 10x | |
| Lighter MINIMAX | +0.0600% | 1h | 39.825 | +0.094% | $46K | $23K | 10x | as long as short |
| Bitget MINIMAXUSDT | +0.0913% | 8h | 39.906 | +0.297% | $1.3M | $2.8M | 20x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1041% | 8h | 39.970 | +0.458% | $1.7M | $9.7M | 20x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.1598% | 1h | 39.640 | −0.371% | $31K | $50K | 5x | as long as short |
| tradeXYZ xyz:MINIMAXshort | +0.1718% | 1h | 39.811 | +0.058% | $4.7M | $3.0M | 10x |
tradeXYZ xyz:MINIMAX
edgeX MINIMAXUSDC
Gate MINIMAX_USDT
SunX MINIMAX-USDT
HTX MINIMAX-USDT
Bybit MINIMAXUSDT
SoDEX MINIMAX-USD
Aster MINIMAXUSDT
KuCoin MINIMAXUSDTM
Extended MINIMAX-USD
Binance MINIMAXUSDT
GRVT MINIMAX_USDT_Perp
Lighter MINIMAX
Bitget MINIMAXUSDT
OKX MINIMAX-USDT-SWAP