Funding you earn now, next payment 12:00 UTC−0.0452%/8h= −49.5% APRpaid last 24h −0.080%
Price spread now: SunX against Aster+0.051%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.045%−$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. SunX is 0.051% dearer against Aster than usual: you sell high and buy low (spread +0.051% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.045% in total) that is about 8.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.045% in total (about -2.3% 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 | 36.331 | 0.0452 | pay 0.0452% / 8h | 7h 34m | $32K | $6K | 20x |
| Short | SunX MINIMAX-USDT | 36.350 | 0 | get 0.0000% / 4h | 3h 34m | $15 | $1.2M | 10x |
Aster MINIMAXUSDT
SunX MINIMAX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$94.87
- Price spread: +0.051% → 0.000%
- $5.14
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$105.73
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Aster: no order-book sample; SunX: live order book, 9 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 Aster no order-book sample | — | — | — | — | — |
| Sell SunX live order book, 9 min ago | 31.58 bp | 90.5 bp −$91 | doesn't fit | doesn't fit | doesn't fit |
Aster: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINIMAXUSDT | 0.0000% | 8h | 36.310 | −0.059% | $924K | $893K | 25x | as long as short |
| Gate MINIMAX_USDT | 0.0000% | 8h | 36.350 | +0.051% | $1.3M | $2.9M | 50x | as long as short |
| SunX MINIMAX-USDTshort | 0.0000% | 4h | 36.350 | +0.051% | $15 | $1.2M | 10x | |
| HTX MINIMAX-USDT | 0.0000% | 4h | 36.369 | +0.104% | $52K | $239K | 20x | as long as short |
| Lighter MINIMAX | +0.0032% | 1h | 36.311 | −0.056% | $41K | $23K | 10x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 36.305 | −0.072% | $91K | $3K | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 36.311 | −0.055% | — | — | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0336% | 1h | 36.240 | −0.251% | $22K | $56K | 5x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0398% | 1h | 36.291 | −0.111% | $4.8M | $3.3M | 10x | as long as short |
| Aster MINIMAXUSDTlong | +0.0452% | 8h | 36.331 | long leg | $32K | $6K | 20x |
Bybit MINIMAXUSDT
Gate MINIMAX_USDT
HTX MINIMAX-USDT
Lighter MINIMAX
SoDEX MINIMAX-USD
Aevo MINIMAX-PERP
Ondo Perps MINIMAX-USD.P
tradeXYZ xyz:MINIMAXShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MINIMAXUSDT | +0.0644% | 8h | 36.337 | +0.016% | $1.2M | $2.7M | 20x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.0646% | 4h | 36.380 | +0.134% | $671 | $118K | 10x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0676% | 4h | 36.330 | −0.004% | $95K | $95K | 20x | as long as short |
| Binance MINIMAXUSDT | +0.0755% | 4h | 36.310 | −0.059% | $6.3M | $29.7M | 25x | as long as short |
| Extended MINIMAX-USD | +0.0776% | 1h | 36.301 | −0.085% | $3K | — | 10x | as long as short |
| edgeX MINIMAXUSDC | +0.1027% | 4h | 36.396 | +0.177% | $27K | $182K | 10x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1302% | 8h | 36.360 | +0.079% | $2.8M | $7.8M | 20x | as long as short |
Bitget MINIMAXUSDT
GRVT MINIMAX_USDT_Perp
KuCoin MINIMAXUSDTM
Binance MINIMAXUSDT
Extended MINIMAX-USD
edgeX MINIMAXUSDC
OKX MINIMAX-USDT-SWAP