Funding you earn now, next payment 08:00 UTC−0.0101%/8h= −11.1% APRpaid last 24h +0.160%
Price spread now: Binance against Aster−0.173%7-day average +0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$360as in the Funding arb table
Net, price: spread back to 7d avg − costs−$414as in the Price arb table
costs, in and out, $10k−$3893.888% of the position
Funding, last 7 days+0.285%+$28 on $10k
+Price spread, last 4 days (all we have)−0.205%−$20 · spread now −0.173%, 7d avg +0.074%
=Together, before fees+0.080%+ Points / potential airdropAster: Stage 5 · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.248% cheaper against Aster than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of +0.074%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.285%, 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 | Aster MINIMAXUSDT | 37.766 | 0.0117 | pay 0.0117% / 8h | 3h 02m | $33K | $150K | 20x |
| Short | Binance MINIMAXUSDT | 37.701 | 0.0016 | get 0.0008% / 4h | 3h 02m | $6.3M | $30.9M | 25x |
Aster MINIMAXUSDT
Binance MINIMAXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. 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
- −$21.22
- Price spread: −0.173% → +0.074%
- −$24.78
- Slippage, 4 orders
- −$370.81
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$434.81
- Costs to cover
- 3.888%
- Break-even
- never at this rate
Slippage from Aster: live order book, 49 min ago; Binance: live order book, 9 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 Aster live order book, 49 min ago | 60.83 bp | 295.0 bp −$295 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 1.33 bp | 9.0 bp −$9 | 37.9 bp −$379 | 264.2 bp −$26.4K | doesn't fit |
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 | −0.0507% | 4h | 37.742 | −0.065% | $28K | $183K | 10x | as long as short |
| tradeXYZ xyz:MINIMAX | −0.0021% | 1h | 37.707 | −0.157% | $4.4M | $2.9M | 10x | as long as short |
| Bybit MINIMAXUSDT | 0.0000% | 8h | 37.750 | −0.044% | $926K | $1.0M | 25x | as long as short |
| Gate MINIMAX_USDT | 0.0000% | 8h | 37.750 | −0.044% | $1.4M | $3.8M | 50x | as long as short |
| GRVT MINIMAX_USDT_Perp | 0.0000% | 4h | 37.730 | −0.095% | $355 | $125K | 10x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 37.710 | −0.149% | $15 | $2.3M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 37.731 | −0.094% | $42K | $224K | 20x | as long as short |
| Extended MINIMAX-USD | +0.0016% | 1h | 37.707 | −0.156% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDTshort | +0.0016% | 4h | 37.701 | −0.173% | $6.3M | $30.9M | 25x | |
| Lighter MINIMAX | +0.0032% | 1h | 37.713 | −0.141% | $42K | $25K | 10x | as long as short |
edgeX MINIMAXUSDC
tradeXYZ xyz:MINIMAX
Bybit MINIMAXUSDT
Gate MINIMAX_USDT
GRVT MINIMAX_USDT_Perp
SunX MINIMAX-USDT
HTX MINIMAX-USDT
Extended MINIMAX-USD
Lighter MINIMAXShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps MINIMAX-USD.P | +0.0045% | 1h | 37.700 | −0.176% | $26K | $42K | 5x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 37.697 | −0.184% | $95K | $3K | 10x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0100% | 4h | 37.720 | −0.123% | $100K | $38K | 20x | as long as short |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 37.731 | −0.095% | — | — | 10x | as long as short |
| Aster MINIMAXUSDTlong | +0.0117% | 8h | 37.766 | long leg | $33K | $150K | 20x | |
| Bitget MINIMAXUSDT | +0.0361% | 8h | 37.741 | −0.067% | $1.3M | $2.7M | 20x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.0970% | 8h | 37.710 | −0.149% | $2.7M | $8.3M | 20x | as long as short |
Ondo Perps MINIMAX-USD.P
SoDEX MINIMAX-USD
KuCoin MINIMAXUSDTM
Aevo MINIMAX-PERP
Bitget MINIMAXUSDT
OKX MINIMAX-USDT-SWAP