Funding you earn now, next payment 12:00 UTC−0.0541%/8h= −59.2% APRpaid last 24h −0.204%
Price spread now: SunX against Bitget+0.049%7-day average +0.086% · you sell dearer than you buy
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1811.810% of the position
Funding, last 7 days−0.153%−$15 on $10k
+Price spread, last 4 days (all we have)+0.619%+$62 · spread now +0.049%, 7d avg +0.086%
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and SunX is 0.037% cheaper against Bitget than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.086%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.153% in total (about -8.0% 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 | 36.802 | 0.0978 | pay 0.0978% / 8h | 6h 58m | $1.2M | $2.7M | 20x |
| Short | SunX MINIMAX-USDT | 36.820 | 0.0437 | get 0.0219% / 4h | 2h 58m | $15 | $1.2M | 10x |
Bitget MINIMAXUSDT
SunX MINIMAX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$113.58
- Price spread: +0.049% → +0.086%
- −$3.69
- Slippage, 4 orders
- −$161.05
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$298.33
- Costs to cover
- 1.810%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; SunX: 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 Bitget live order book, 4 min ago | 2.58 bp | 22.4 bp −$22 | 31.8 bp −$318 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 32.58 bp | 89.1 bp −$89 | 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX MINIMAX-USDT | 0.0000% | 4h | 36.826 | +0.065% | $45K | $255K | 20x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 36.795 | −0.019% | $92K | $3K | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 36.815 | +0.035% | — | — | 10x | as long as short |
| SunX MINIMAX-USDTshort | +0.0437% | 4h | 36.820 | +0.049% | $15 | $1.2M | 10x | |
| Aster MINIMAXUSDT | +0.0623% | 8h | 36.544 | −0.701% | $33K | $5K | 20x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0712% | 4h | 36.710 | −0.250% | $110K | $136K | 20x | as long as short |
| Gate MINIMAX_USDT | +0.0814% | 8h | 36.840 | +0.103% | $1.3M | $2.9M | 50x | as long as short |
| Bitget MINIMAXUSDTlong | +0.0978% | 8h | 36.802 | long leg | $1.2M | $2.7M | 20x | |
| edgeX MINIMAXUSDC | +0.1369% | 4h | 36.771 | −0.083% | $28K | $183K | 10x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1446% | 8h | 36.830 | +0.076% | $2.8M | $8.0M | 20x | as long as short |
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
Aevo MINIMAX-PERP
Aster MINIMAXUSDT
KuCoin MINIMAXUSDTM
Gate MINIMAX_USDT
edgeX MINIMAXUSDC
OKX MINIMAX-USDT-SWAPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended MINIMAX-USD | +0.1544% | 1h | 36.770 | −0.087% | $3K | $920 | 10x | as long as short |
| Binance MINIMAXUSDT | +0.1568% | 4h | 36.796 | −0.016% | $6.3M | $29.7M | 25x | as long as short |
| Lighter MINIMAX | +0.2016% | 1h | 36.782 | −0.054% | $41K | $23K | 10x | as long as short |
| Bybit MINIMAXUSDT | +0.2907% | 8h | 36.780 | −0.060% | $941K | $898K | 25x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.3358% | 4h | 36.760 | −0.114% | $309 | $117K | 10x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.3630% | 1h | 36.757 | −0.122% | $4.9M | $3.3M | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.5022% | 1h | 36.800 | −0.005% | $22K | $57K | 5x | as long as short |
Extended MINIMAX-USD
Binance MINIMAXUSDT
Lighter MINIMAX
Bybit MINIMAXUSDT
GRVT MINIMAX_USDT_Perp
tradeXYZ xyz:MINIMAX
Ondo Perps MINIMAX-USD.P