Funding you earn now, next payment 08:00 UTC+0.0986%/8h= +108.0% APRnext payment +$9.86 per $10,000 · paid last 24h +0.149%
Price spread now: OKX against Aster+0.582%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$342as in the Funding arb table
Net, price: spread back to 7d avg − costs−$318as in the Price arb table
costs, in and out, $10k−$3693.687% of the position
Funding, last 7 days+0.268%+$27 on $10k
+Price spread, last 4 days (all we have)−0.684%−$68 · spread now +0.582%, 7d avg +0.071%
=Together, before fees−0.416%+ Points / potential airdropAster: Stage 5 · farm board−$42 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$30 a day on $10k at the current rate, and OKX is 0.511% dearer against Aster than usual: you sell high and buy low: +$51 more if the spread goes back to its 7-day average of +0.071%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.268% in total (about 14.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.86 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 | 39.808 | 0.0148 | pay 0.0148% / 8h | 6h 45m | $35K | $152K | 20x |
| Short | OKX MINIMAX-USDT-SWAP | 40.040 | 0.1134 | get 0.1134% / 8h | 6h 45m | $1.8M | $9.8M | 20x |
Aster MINIMAXUSDT
OKX MINIMAX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $207.05
- Price spread: +0.582% → +0.071%
- $51.05
- Slippage, 4 orders
- −$350.73
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$110.63
- Costs to cover
- 3.687%
- Break-even
- 10.7 days
Slippage from Aster: live order book, 20 min ago; OKX: live order book, 2 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, 20 min ago | 37.74 bp | 284.5 bp −$284 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.49 bp | 16.4 bp −$16 | 67.6 bp −$676 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MINIMAX_USDT | 0.0000% | 8h | 39.980 | +0.431% | $1.2M | $4.4M | 50x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 40.010 | +0.506% | $16 | $3.8M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 40.013 | +0.514% | $38K | $70K | 20x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 39.963 | +0.388% | $100K | $4K | 10x | as long as short |
| Aster MINIMAXUSDTlong | +0.0148% | 8h | 39.808 | long leg | $35K | $152K | 20x | |
| KuCoin MINIMAXUSDTM | +0.0204% | 4h | 40.030 | +0.557% | $100K | $44K | 20x | as long as short |
| Aevo MINIMAX-PERP | +0.0440% | 1h | 39.957 | +0.374% | — | — | 10x | as long as short |
| Extended MINIMAX-USD | +0.0544% | 1h | 39.960 | +0.380% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDT | +0.0571% | 4h | 39.970 | +0.406% | $6.8M | $35.8M | 25x | as long as short |
| edgeX MINIMAXUSDC | +0.0599% | 4h | 40.060 | +0.632% | $30K | $188K | 10x | as long as short |
Gate MINIMAX_USDT
SunX MINIMAX-USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
KuCoin MINIMAXUSDTM
Aevo MINIMAX-PERP
Extended MINIMAX-USD
Binance MINIMAXUSDT
edgeX MINIMAXUSDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINIMAXUSDT | +0.0974% | 8h | 39.990 | +0.456% | $955K | $1.4M | 25x | as long as short |
| Bitget MINIMAXUSDT | +0.1090% | 8h | 39.940 | +0.331% | $1.3M | $2.7M | 20x | as long as short |
| OKX MINIMAX-USDT-SWAPshort | +0.1134% | 8h | 40.040 | +0.582% | $1.8M | $9.8M | 20x | |
| GRVT MINIMAX_USDT_Perp | +0.1364% | 4h | 40.150 | +0.858% | $96 | $128K | 10x | as long as short |
| Lighter MINIMAX | +0.1800% | 1h | 39.971 | +0.408% | $46K | $23K | 10x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.2860% | 1h | 39.961 | +0.383% | $4.7M | $3.1M | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.2994% | 1h | 40.010 | +0.506% | $31K | $51K | 5x | as long as short |
Bybit MINIMAXUSDT
Bitget MINIMAXUSDT
GRVT MINIMAX_USDT_Perp
Lighter MINIMAX
tradeXYZ xyz:MINIMAX
Ondo Perps MINIMAX-USD.P