Funding you earn now, next payment 08:00 UTC−0.0693%/8h= −75.8% APRpaid last 24h +0.149%
Price spread now: edgeX against Aster+1.430%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$528as in the Funding arb table
Net, price: spread back to 7d avg − costs−$423as in the Price arb table
costs, in and out, $10k−$5645.644% of the position
Funding, last 7 days+0.367%+$37 on $10k
+Price spread, last 4 days (all we have)−1.415%−$142 · spread now +1.430%, 7d avg +0.017%
=Together, before fees−1.048%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board−$105 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 1.414% dearer against Aster than usual: you sell high and buy low (spread +1.430% now, against its 7-day average of +0.017%): +$141 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 6.8 days. Mind the row above: over the last 7 days funding on this pair paid +0.367%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.367% in total (about 19.2% a year). A funding rate is set anew for every payment. 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 | 36.980 | 0.0144 | pay 0.0144% / 8h | 2h 51m | $33K | $45K | 20x |
| Short | edgeX MINIMAXUSDC | 37.509 | −0.0548 | pay 0.0274% / 4h | 2h 51m | $28K | $183K | 10x |
Aster MINIMAXUSDT
edgeX MINIMAXUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$145.43
- Price spread: +1.430% → +0.017%
- $141.37
- Slippage, 4 orders
- −$547.42
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$568.48
- Costs to cover
- 5.644%
- Break-even
- never at this rate
Slippage from Aster: live order book, 60 min ago; edgeX: live order book, 60 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 | 60.83 bp | 295.0 bp −$295 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 60 min ago | 13.24 bp | 97.1 bp −$97 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MINIMAXUSDCshort | −0.0548% | 4h | 37.509 | +1.430% | $28K | $183K | 10x | |
| Gate MINIMAX_USDT | 0.0000% | 8h | 37.040 | +0.162% | $1.3M | $3.3M | 50x | as long as short |
| GRVT MINIMAX_USDT_Perp | 0.0000% | 4h | 37.500 | +1.406% | $307 | $127K | 10x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 37.070 | +0.243% | $15 | $2.2M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 37.085 | +0.284% | $42K | $225K | 20x | as long as short |
| Extended MINIMAX-USD | +0.0016% | 1h | 37.000 | +0.054% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDT | +0.0020% | 4h | 37.064 | +0.227% | $6.2M | $31.6M | 25x | as long as short |
| Bybit MINIMAXUSDT | +0.0040% | 8h | 37.120 | +0.379% | $913K | $1.1M | 25x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 37.005 | +0.068% | $93K | $3K | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0074% | 1h | 37.220 | +0.649% | $24K | $47K | 5x | as long as short |
Gate MINIMAX_USDT
GRVT MINIMAX_USDT_Perp
SunX MINIMAX-USDT
HTX MINIMAX-USDT
Extended MINIMAX-USD
Binance MINIMAXUSDT
Bybit MINIMAXUSDT
SoDEX MINIMAX-USD
Ondo Perps MINIMAX-USD.PShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MINIMAXUSDTM | +0.0100% | 4h | 36.980 | 0.000% | $98K | $37K | 20x | as long as short |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 37.012 | +0.088% | — | — | 10x | as long as short |
| Aster MINIMAXUSDTlong | +0.0144% | 8h | 36.980 | long leg | $33K | $45K | 20x | |
| Lighter MINIMAX | +0.0152% | 1h | 37.002 | +0.059% | $41K | $25K | 10x | as long as short |
| Bitget MINIMAXUSDT | +0.0369% | 8h | 37.143 | +0.441% | $1.2M | $2.8M | 20x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0946% | 1h | 37.121 | +0.381% | $4.3M | $2.9M | 10x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.0954% | 8h | 37.140 | +0.433% | $2.7M | $8.2M | 20x | as long as short |
KuCoin MINIMAXUSDTM
Aevo MINIMAX-PERP
Lighter MINIMAX
Bitget MINIMAXUSDT
tradeXYZ xyz:MINIMAX
OKX MINIMAX-USDT-SWAP