Funding you earn now, next payment 08:00 UTC−0.0531%/8h= −58.1% APRpaid last 24h +0.037%
Price spread now: tradeXYZ against Binance−0.082%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$530.529% of the position
Funding, last 7 days+0.217%+$22 on $10k
+Price spread, last 7 days−0.039%−$4 · spread now −0.082%, 7d avg −0.082%
=Together, before fees+0.178%+ Points / potential airdroptradeXYZ: Active · farm board+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.082%, so right now this pair is about funding alone: −$16 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.217%, 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 0.217% in total (about 11.3% 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 | 36.520 | 0.0863 | pay 0.0431% / 4h | 34m 17s | $6.4M | $30.5M | 25x |
| Short | tradeXYZ xyz:MINIMAX | 36.490 | 0.0332 | get 0.0041% / 1h | 34m 17s | $4.8M | $3.3M | 10x |
Binance MINIMAXUSDT
tradeXYZ xyz:MINIMAXFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$111.51
- Price spread: −0.082% → −0.082%
- −$0.05
- Slippage, 4 orders
- −$24.89
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$164.45
- Costs to cover
- 0.529%
- Break-even
- never at this rate
Slippage from Binance: live order book, 7 min ago; tradeXYZ: live order book, 4 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, 7 min ago | 1.38 bp | 10.1 bp −$10 | 28.0 bp −$280 | 155.9 bp −$15.6K | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 3.29 bp | 13.1 bp −$13 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX MINIMAX-USDT | 0.0000% | 4h | 36.580 | +0.164% | $15 | $1.4M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 36.518 | −0.005% | $49K | $232K | 20x | as long as short |
| Lighter MINIMAX | +0.0040% | 1h | 36.522 | +0.005% | $41K | $23K | 10x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 36.526 | +0.016% | $92K | $3K | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0050% | 1h | 36.510 | −0.027% | $23K | $52K | 5x | as long as short |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 36.538 | +0.049% | — | — | 10x | as long as short |
| tradeXYZ xyz:MINIMAXshort | +0.0332% | 1h | 36.490 | −0.082% | $4.8M | $3.3M | 10x | |
| Gate MINIMAX_USDT | +0.0367% | 8h | 36.570 | +0.137% | $1.3M | $2.9M | 50x | as long as short |
| Bybit MINIMAXUSDT | +0.0397% | 8h | 36.540 | +0.055% | $920K | $975K | 25x | as long as short |
| edgeX MINIMAXUSDC | +0.0442% | 4h | 36.514 | −0.017% | $27K | $183K | 10x | as long as short |
SunX MINIMAX-USDT
HTX MINIMAX-USDT
Lighter MINIMAX
SoDEX MINIMAX-USD
Ondo Perps MINIMAX-USD.P
Aevo MINIMAX-PERP
Gate MINIMAX_USDT
Bybit MINIMAXUSDT
edgeX MINIMAXUSDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MINIMAXUSDT | +0.0593% | 8h | 36.463 | −0.155% | $32K | $6K | 20x | as long as short |
| Bitget MINIMAXUSDT | +0.0713% | 8h | 36.518 | −0.005% | $1.2M | $2.7M | 20x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0754% | 4h | 36.530 | +0.027% | $96K | $35K | 20x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.0766% | 4h | 36.460 | −0.164% | $1K | $123K | 10x | as long as short |
| Binance MINIMAXUSDTlong | +0.0863% | 4h | 36.520 | long leg | $6.4M | $30.5M | 25x | |
| Extended MINIMAX-USD | +0.0864% | 1h | 36.524 | +0.010% | $3K | — | 10x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1412% | 8h | 36.540 | +0.055% | $2.8M | $8.0M | 20x | as long as short |
Aster MINIMAXUSDT
Bitget MINIMAXUSDT
KuCoin MINIMAXUSDTM
GRVT MINIMAX_USDT_Perp
Extended MINIMAX-USD
OKX MINIMAX-USDT-SWAP