Funding you earn now, next payment 08:00 UTC+0.0643%/8h= +70.4% APRpaid last 24h −0.037%
Price spread now: Bitget against edgeX+0.343%54s7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as 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−$1231.230% of the position
Funding, last 7 days−0.271%−$27 on $10k
+Price spread, last 4 days (all we have)−0.415%−$41 · spread now +0.343%, 7d avg +0.013%
=Together, before fees−0.686%+ Points / potential airdropedgeX: Active · farm board−$69 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Bitget is 0.330% dearer against edgeX than usual: you sell high and buy low: +$33 more if the spread goes back to its 7-day average of +0.013%. Mind the row above: over the last 7 days funding on this pair cost −0.271%, so the current rate has only just turned in your favour. The two prices were read 54 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 -0.271% in total (about -14.1% 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 | edgeX MINIMAXUSDC | 36.384 | 0.0070 | pay 0.0035% / 4h | 38m 43s | $27K | $183K | 10x |
| Short | Bitget MINIMAXUSDT | 36.509 | 0.0713 | get 0.0713% / 8h | 38m 43s | $1.2M | $2.8M | 20x |
edgeX MINIMAXUSDC
Bitget MINIMAXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against edgeX. 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
- $135.08
- Price spread: +0.343% → +0.013%
- $32.95
- Slippage, 4 orders
- −$101.99
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $45.04
- Costs to cover
- 1.230%
- Break-even
- 4.7 days
Slippage from edgeX: live order book, 63 min ago; Bitget: 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 edgeX live order book, 63 min ago | 12.26 bp | 27.8 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 6.31 bp | 32.0 bp −$32 | 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 | 36.520 | +0.373% | $15 | $1.4M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 36.452 | +0.186% | $49K | $232K | 20x | as long as short |
| Lighter MINIMAX | +0.0032% | 1h | 36.477 | +0.255% | $41K | $23K | 10x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 36.442 | +0.159% | $91K | $3K | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0050% | 1h | 36.530 | +0.400% | $23K | $52K | 5x | as long as short |
| edgeX MINIMAXUSDClong | +0.0070% | 4h | 36.384 | long leg | $27K | $183K | 10x | |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 36.448 | +0.174% | — | — | 10x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0305% | 1h | 36.441 | +0.156% | $4.7M | $3.2M | 10x | as long as short |
| Gate MINIMAX_USDT | +0.0350% | 8h | 36.530 | +0.400% | $1.3M | $2.9M | 50x | as long as short |
| Bybit MINIMAXUSDT | +0.0400% | 8h | 36.490 | +0.291% | $920K | $1.0M | 25x | as long as short |
SunX MINIMAX-USDT
HTX MINIMAX-USDT
Lighter MINIMAX
SoDEX MINIMAX-USD
Ondo Perps MINIMAX-USD.P
Aevo MINIMAX-PERP
tradeXYZ xyz:MINIMAX
Gate MINIMAX_USDT
Bybit MINIMAXUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MINIMAXUSDT | +0.0586% | 8h | 36.415 | +0.083% | $32K | $6K | 20x | as long as short |
| Bitget MINIMAXUSDTshort | +0.0713% | 8h | 36.509 | +0.343% | $1.2M | $2.8M | 20x | |
| KuCoin MINIMAXUSDTM | +0.0742% | 4h | 36.420 | +0.098% | $95K | $35K | 20x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.0772% | 4h | 36.399 | +0.042% | $121 | $123K | 10x | as long as short |
| Binance MINIMAXUSDT | +0.0848% | 4h | 36.505 | +0.331% | $6.3M | $30.8M | 25x | as long as short |
| Extended MINIMAX-USD | +0.0848% | 1h | 36.493 | +0.300% | $3K | — | 10x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1404% | 8h | 36.540 | +0.428% | $2.8M | $8.2M | 20x | as long as short |
Aster MINIMAXUSDT
KuCoin MINIMAXUSDTM
GRVT MINIMAX_USDT_Perp
Binance MINIMAXUSDT
Extended MINIMAX-USD
OKX MINIMAX-USDT-SWAP