Funding you earn now, next payment 02:00 UTC+0.1486%/8h= +162.7% APRpaid last 24h +0.093%
Price spread now: tradeXYZ against Bybit−0.134%7-day average −0.075% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.319%+$32 on $10k
+Price spread, last 7 days+0.040%+$4 · spread now −0.134%, 7d avg −0.075%
=Together, before fees+0.359%+ Points / potential airdroptradeXYZ: Active · farm board+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.060% cheaper against Bybit than usual: you would sell low and buy high (spread −0.134% now, against its 7-day average of −0.075%). If the spread goes back, that is −$6 on $10k: about 3 hours of funding at the current rate (+$45 a day). At the pace of the last 7 days (+0.319% in total) that is about 31 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.319% in total (about 16.6% 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 | Bybit MINIMAXUSDT | 40.220 | 0.2142 | pay 0.2142% / 8h | 6h 34m | $967K | $1.4M | 25x |
| Short | tradeXYZ xyz:MINIMAX | 40.166 | 0.3628 | get 0.0453% / 1h | 34m 48s | $4.6M | $3.2M | 10x |
Bybit MINIMAXUSDT
tradeXYZ xyz:MINIMAXFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Bybit. 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
- $312.02
- Price spread: −0.134% → −0.075%
- −$5.97
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $277.05
- Costs to cover
- 0.290%
- Break-even
- 0.8 days
Slippage unknown: Bybit: live order book, 1 min ago; tradeXYZ: live order book, 2 min ago. Net counts fees only.
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 Bybit live order book, 1 min ago | 3.71 bp | 44.7 bp −$45 | 179.7 bp −$1,797 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 2 min ago | 3.22 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MINIMAX_USDT | 0.0000% | 8h | 40.170 | −0.124% | $1.2M | $4.4M | 50x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 40.229 | +0.022% | $74K | $142K | 20x | as long as short |
| SoDEX MINIMAX-USD | +0.0182% | 1h | 40.143 | −0.191% | $101K | $4K | 10x | as long as short |
| Aster MINIMAXUSDT | +0.0267% | 8h | 39.956 | −0.656% | $35K | $152K | 20x | as long as short |
| SunX MINIMAX-USDT | +0.0280% | 4h | 40.410 | +0.472% | $16 | $3.7M | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0544% | 1h | 40.182 | −0.095% | — | — | 10x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0610% | 4h | 40.100 | −0.298% | $100K | $41K | 20x | as long as short |
| Extended MINIMAX-USD | +0.1176% | 1h | 40.190 | −0.076% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDT | +0.1178% | 4h | 40.200 | −0.050% | $6.9M | $35.2M | 25x | as long as short |
| edgeX MINIMAXUSDC | +0.1241% | 4h | 40.233 | +0.033% | $30K | $187K | 10x | as long as short |
Gate MINIMAX_USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
Aster MINIMAXUSDT
SunX MINIMAX-USDT
Aevo MINIMAX-PERP
KuCoin MINIMAXUSDTM
Extended MINIMAX-USD
Binance MINIMAXUSDT
edgeX MINIMAXUSDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX MINIMAX-USDT-SWAP | +0.1305% | 8h | 40.260 | +0.099% | $1.8M | $9.7M | 20x | as long as short |
| Bitget MINIMAXUSDT | +0.1321% | 8h | 40.182 | −0.094% | $1.4M | $2.7M | 20x | as long as short |
| Bybit MINIMAXUSDTlong | +0.2142% | 8h | 40.220 | long leg | $967K | $1.4M | 25x | |
| Lighter MINIMAX | +0.2256% | 1h | 40.154 | −0.164% | $45K | $25K | 10x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.2662% | 4h | 40.223 | +0.007% | $553 | $128K | 10x | as long as short |
| tradeXYZ xyz:MINIMAXshort | +0.3628% | 1h | 40.166 | −0.134% | $4.6M | $3.2M | 10x | |
| Ondo Perps MINIMAX-USD.P | +0.4023% | 1h | 40.460 | +0.597% | $30K | $45K | 5x | as long as short |
OKX MINIMAX-USDT-SWAP
Bitget MINIMAXUSDT
Lighter MINIMAX
GRVT MINIMAX_USDT_Perp
Ondo Perps MINIMAX-USD.P