Funding you earn now, next payment 08:00 UTC−0.0430%/8h= −47.1% APRpaid last 24h −0.121%
Price spread now: Aster against Binance+0.143%7-day average −0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$348as in the Funding arb table
Net, price: spread back to 7d avg − costs−$298as in the Price arb table
costs, in and out, $10k−$3203.200% of the position
Funding, last 7 days−0.275%−$28 on $10k
+Price spread, last 4 days (all we have)+0.153%+$15 · spread now +0.143%, 7d avg −0.075%
=Together, before fees−0.122%+ Points / potential airdropAster: Stage 5 · farm board−$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.218% dearer against Binance than usual: you sell high and buy low (spread +0.143% now, against its 7-day average of −0.075%): +$22 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 41 hours. At the pace of the last 7 days (−0.275% in total) that is about 5.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.275% in total (about -14.3% 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 | Binance MINIMAXUSDT | 37.780 | 0.0738 | pay 0.0369% / 4h | 3h 54m | $6.3M | $30.8M | 25x |
| Short | Aster MINIMAXUSDT | 37.834 | 0.0307 | get 0.0307% / 8h | 3h 54m | $34K | $150K | 20x |
Binance MINIMAXUSDT
Aster MINIMAXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Binance. 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
- −$90.4
- Price spread: +0.143% → −0.075%
- $21.81
- Slippage, 4 orders
- −$302.01
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$388.59
- Costs to cover
- 3.200%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Aster: live order book, 62 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 Binance live order book, 2 min ago | 1.32 bp | 12.8 bp −$13 | 40.6 bp −$406 | 192.9 bp −$19.3K | doesn't fit |
| Sell Aster live order book, 62 min ago | 22.11 bp | 27.8 bp −$28 | 38.4 bp −$384 | 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 | 37.840 | +0.159% | $1.4M | $3.7M | 50x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 37.790 | +0.026% | $15 | $2.3M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 37.735 | −0.119% | $42K | $219K | 20x | as long as short |
| Lighter MINIMAX | +0.0032% | 1h | 37.797 | +0.045% | $42K | $25K | 10x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 37.788 | +0.021% | $95K | $3K | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0050% | 1h | 37.600 | −0.476% | $26K | $41K | 5x | as long as short |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 37.785 | +0.013% | — | — | 10x | as long as short |
| Bybit MINIMAXUSDT | +0.0195% | 8h | 37.830 | +0.132% | $925K | $1.1M | 25x | as long as short |
| edgeX MINIMAXUSDC | +0.0302% | 4h | 37.861 | +0.214% | $29K | $183K | 10x | as long as short |
| Aster MINIMAXUSDTshort | +0.0307% | 8h | 37.834 | +0.143% | $34K | $150K | 20x |
Gate MINIMAX_USDT
SunX MINIMAX-USDT
HTX MINIMAX-USDT
Lighter MINIMAX
SoDEX MINIMAX-USD
Ondo Perps MINIMAX-USD.P
Aevo MINIMAX-PERP
Bybit MINIMAXUSDT
edgeX MINIMAXUSDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MINIMAXUSDTM | +0.0452% | 4h | 37.810 | +0.079% | $100K | $39K | 20x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0533% | 1h | 37.786 | +0.016% | $4.4M | $2.9M | 10x | as long as short |
| Binance MINIMAXUSDTlong | +0.0738% | 4h | 37.780 | long leg | $6.3M | $30.8M | 25x | |
| Bitget MINIMAXUSDT | +0.0744% | 8h | 37.795 | +0.040% | $1.3M | $2.7M | 20x | as long as short |
| Extended MINIMAX-USD | +0.0760% | 1h | 37.770 | −0.028% | $3K | — | 10x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.1052% | 4h | 37.841 | +0.162% | $206 | $125K | 10x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1339% | 8h | 37.830 | +0.132% | $2.6M | $8.2M | 20x | as long as short |
KuCoin MINIMAXUSDTM
tradeXYZ xyz:MINIMAX
Bitget MINIMAXUSDT
Extended MINIMAX-USD
GRVT MINIMAX_USDT_Perp
OKX MINIMAX-USDT-SWAP