Funding you earn now, next payment 08:00 UTC+0.0735%/8h= +80.5% APRnext payment +$7.35 per $10,000 · paid last 24h +0.112%
Price spread now: Bitget against Aster+0.112%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$375as in the Funding arb table
Net, price: spread back to 7d avg − costs−$376as in the Price arb table
costs, in and out, $10k−$3853.848% of the position
Funding, last 7 days+0.096%+$10 on $10k
+Price spread, last 4 days (all we have)−0.252%−$25 · spread now +0.112%, 7d avg +0.018%
=Together, before fees−0.156%+ Points / potential airdropAster: Stage 5 · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Bitget is 0.093% dearer against Aster than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.018%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.096% in total (about 5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MINIMAXUSDT | 39.635 | 0.0125 | pay 0.0125% / 8h | 7h 11m | $35K | $152K | 20x |
| Short | Bitget MINIMAXUSDT | 39.679 | 0.0860 | get 0.0860% / 8h | 7h 11m | $1.3M | $2.8M | 20x |
Aster MINIMAXUSDT
Bitget MINIMAXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $154.43
- Price spread: +0.112% → +0.018%
- $9.32
- Slippage, 4 orders
- −$364.83
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$221.08
- Costs to cover
- 3.848%
- Break-even
- 17.0 days
Slippage from Aster: live order book, 60 min ago; Bitget: live order book, 1 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, 60 min ago | 46.51 bp | 266.3 bp −$266 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.14 bp | 25.9 bp −$26 | 32.9 bp −$329 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:MINIMAX | −0.0412% | 1h | 39.682 | +0.119% | $4.7M | $3.0M | 10x | as long as short |
| edgeX MINIMAXUSDC | −0.0182% | 4h | 39.672 | +0.094% | $30K | $188K | 10x | as long as short |
| Bybit MINIMAXUSDT | 0.0000% | 8h | 39.730 | +0.240% | $941K | $1.4M | 25x | as long as short |
| Gate MINIMAX_USDT | 0.0000% | 8h | 39.730 | +0.240% | $1.2M | $6.2M | 50x | as long as short |
| GRVT MINIMAX_USDT_Perp | 0.0000% | 4h | 39.680 | +0.115% | $511 | $131K | 10x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 39.750 | +0.291% | $16 | $3.8M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 39.735 | +0.253% | $37K | $70K | 20x | as long as short |
| Binance MINIMAXUSDT | +0.0014% | 4h | 39.710 | +0.190% | $6.6M | $35.6M | 25x | as long as short |
| Extended MINIMAX-USD | +0.0016% | 1h | 39.701 | +0.167% | $3K | — | 10x | as long as short |
| Lighter MINIMAX | +0.0032% | 1h | 39.708 | +0.185% | $46K | $27K | 10x | as long as short |
tradeXYZ xyz:MINIMAX
edgeX MINIMAXUSDC
Bybit MINIMAXUSDT
Gate MINIMAX_USDT
GRVT MINIMAX_USDT_Perp
SunX MINIMAX-USDT
HTX MINIMAX-USDT
Binance MINIMAXUSDT
Extended MINIMAX-USD
Lighter MINIMAXShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX MINIMAX-USD | +0.0050% | 1h | 39.697 | +0.157% | $100K | $4K | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0050% | 1h | 39.670 | +0.089% | $31K | $50K | 5x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0100% | 4h | 39.670 | +0.089% | $99K | $44K | 20x | as long as short |
| Aster MINIMAXUSDTlong | +0.0125% | 8h | 39.635 | long leg | $35K | $152K | 20x | |
| Aevo MINIMAX-PERP | +0.0448% | 1h | 39.692 | +0.143% | — | — | 10x | as long as short |
| Bitget MINIMAXUSDTshort | +0.0860% | 8h | 39.679 | +0.112% | $1.3M | $2.8M | 20x | |
| OKX MINIMAX-USDT-SWAP | +0.1033% | 8h | 39.750 | +0.291% | $1.7M | $9.6M | 20x | as long as short |
SoDEX MINIMAX-USD
Ondo Perps MINIMAX-USD.P
KuCoin MINIMAXUSDTM
Aevo MINIMAX-PERP
OKX MINIMAX-USDT-SWAP