Funding you earn now, next payment 00:00 UTC−0.1393%/8h= −152.5% APRnext payment −$13.93 per $10,000 · paid last 24h −0.007%
Price spread now: Aster against Bitget−0.055%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$359as in the Funding arb table
Net, price: spread back to 7d avg − costs−$363as in the Price arb table
costs, in and out, $10k−$3603.599% of the position
Funding, last 7 days+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)+0.182%+$18 · spread now −0.055%, 7d avg −0.020%
=Together, before fees+0.191%+ Points / potential airdropAster: Stage 5 · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$42 a day on $10k at the current rate, and Aster is 0.035% cheaper against Bitget than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.020%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.009% in total (about 0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$13.93 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 | Bitget MINIMAXUSDT | 39.587 | 0.1795 | pay 0.1795% / 8h | 1h 35m | $1.3M | $2.8M | 20x |
| Short | Aster MINIMAXUSDT | 39.565 | 0.0402 | get 0.0402% / 8h | 1h 35m | $34K | $152K | 20x |
Bitget MINIMAXUSDT
Aster MINIMAXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bitget. 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
- −$292.49
- Price spread: −0.055% → −0.020%
- −$3.48
- Slippage, 4 orders
- −$339.86
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$655.82
- Costs to cover
- 3.599%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Aster: live order book, 46 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 Bitget live order book, 2 min ago | 2.40 bp | 22.3 bp −$22 | 35.2 bp −$352 | doesn't fit | doesn't fit |
| Sell Aster live order book, 46 min ago | 17.66 bp | 73.9 bp −$74 | 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 | 39.620 | +0.083% | $16 | $3.9M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 39.599 | +0.030% | $37K | $70K | 20x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 39.582 | −0.013% | $99K | $4K | 10x | as long as short |
| Gate MINIMAX_USDT | +0.0083% | 8h | 39.640 | +0.134% | $1.2M | $6.3M | 50x | as long as short |
| Aster MINIMAXUSDTshort | +0.0402% | 8h | 39.565 | −0.055% | $34K | $152K | 20x | |
| Lighter MINIMAX | +0.0464% | 1h | 39.622 | +0.088% | $46K | $27K | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0896% | 1h | 39.646 | +0.148% | — | — | 10x | as long as short |
| Bybit MINIMAXUSDT | +0.1184% | 8h | 39.590 | +0.008% | $937K | $1.4M | 25x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.1454% | 1h | 39.590 | +0.008% | $4.6M | $2.9M | 10x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1736% | 8h | 39.610 | +0.058% | $1.6M | $9.5M | 20x | as long as short |
SunX MINIMAX-USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
Gate MINIMAX_USDT
Lighter MINIMAX
Aevo MINIMAX-PERP
Bybit MINIMAXUSDT
tradeXYZ xyz:MINIMAX
OKX MINIMAX-USDT-SWAPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MINIMAXUSDTlong | +0.1795% | 8h | 39.587 | long leg | $1.3M | $2.8M | 20x | |
| KuCoin MINIMAXUSDTM | +0.2134% | 4h | 39.580 | −0.018% | $100K | $44K | 20x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.3028% | 4h | 39.593 | +0.015% | $545 | $139K | 10x | as long as short |
| Binance MINIMAXUSDT | +0.3036% | 4h | 39.588 | +0.003% | $6.3M | $35.1M | 25x | as long as short |
| Extended MINIMAX-USD | +0.3072% | 1h | 39.579 | −0.021% | $3K | — | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.3531% | 1h | 39.580 | −0.018% | $30K | $44K | 5x | as long as short |
| edgeX MINIMAXUSDC | +0.3583% | 4h | 39.581 | −0.016% | $30K | $187K | 10x | as long as short |
KuCoin MINIMAXUSDTM
GRVT MINIMAX_USDT_Perp
Binance MINIMAXUSDT
Extended MINIMAX-USD
Ondo Perps MINIMAX-USD.P
edgeX MINIMAXUSDC