Funding you earn now, next payment 12:00 UTC−0.0520%/8h= −57.0% APRpaid last 24h +0.029%
Price spread now: edgeX against Bitget+0.061%64s7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$970.970% of the position
Funding, last 7 days+0.228%+$23 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.061%, 7d avg −0.015%
=Together, before fees+0.197%+ Points / potential airdropedgeX: Active · farm board+$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.077% dearer against Bitget than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of −0.015%): +$8 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 12 hours. Mind the row above: over the last 7 days funding on this pair paid +0.228%, so the current rate has only just turned against you. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.228% in total (about 11.9% 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 | Bitget MINIMAXUSDT | 36.350 | 0.0657 | pay 0.0657% / 8h | 7h 38m | $1.2M | $2.7M | 20x |
| Short | edgeX MINIMAXUSDC | 36.372 | 0.0137 | get 0.0068% / 4h | 3h 38m | $27K | $182K | 10x |
Bitget MINIMAXUSDT
edgeX MINIMAXUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$109.3
- Price spread: +0.061% → −0.015%
- $7.65
- Slippage, 4 orders
- −$76
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$198.65
- Costs to cover
- 0.970%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; edgeX: live order book, 58 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, 4 min ago | 2.61 bp | 21.2 bp −$21 | 25.0 bp −$250 | 74.4 bp −$7,440 | doesn't fit |
| Sell edgeX live order book, 58 min ago | 13.70 bp | 25.4 bp −$25 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINIMAXUSDT | 0.0000% | 8h | 36.320 | −0.083% | $924K | $895K | 25x | as long as short |
| Gate MINIMAX_USDT | 0.0000% | 8h | 36.370 | +0.055% | $1.3M | $2.9M | 50x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 36.450 | +0.275% | $15 | $1.2M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 36.401 | +0.140% | $52K | $239K | 20x | as long as short |
| Lighter MINIMAX | +0.0032% | 1h | 36.360 | +0.028% | $41K | $23K | 10x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 36.385 | +0.096% | $91K | $3K | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 36.387 | +0.101% | — | — | 10x | as long as short |
| edgeX MINIMAXUSDCshort | +0.0137% | 4h | 36.372 | +0.061% | $27K | $182K | 10x | |
| Ondo Perps MINIMAX-USD.P | +0.0406% | 1h | 36.240 | −0.303% | $22K | $56K | 5x | as long as short |
| Aster MINIMAXUSDT | +0.0466% | 8h | 36.370 | +0.055% | $32K | $6K | 20x | as long as short |
Bybit MINIMAXUSDT
Gate MINIMAX_USDT
SunX MINIMAX-USDT
HTX MINIMAX-USDT
Lighter MINIMAX
SoDEX MINIMAX-USD
Aevo MINIMAX-PERP
Ondo Perps MINIMAX-USD.P
Aster MINIMAXUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:MINIMAX | +0.0497% | 1h | 36.322 | −0.077% | $4.8M | $3.3M | 10x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.0600% | 4h | 36.359 | +0.026% | $696 | $119K | 10x | as long as short |
| Bitget MINIMAXUSDTlong | +0.0657% | 8h | 36.350 | long leg | $1.2M | $2.7M | 20x | |
| KuCoin MINIMAXUSDTM | +0.0710% | 4h | 36.350 | 0.000% | $96K | $91K | 20x | as long as short |
| Extended MINIMAX-USD | +0.0792% | 1h | 36.341 | −0.026% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDT | +0.0795% | 4h | 36.350 | 0.000% | $6.3M | $29.8M | 25x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1333% | 8h | 36.350 | 0.000% | $2.8M | $7.8M | 20x | as long as short |
tradeXYZ xyz:MINIMAX
GRVT MINIMAX_USDT_Perp
KuCoin MINIMAXUSDTM
Extended MINIMAX-USD
Binance MINIMAXUSDT
OKX MINIMAX-USDT-SWAP