Funding you earn now, next payment 12:00 UTC−0.0260%/8h= −28.5% APRnext payment −$1.30 per $10,000 · paid last 24h −0.024%
Price spread now: GRVT against edgeX−0.008%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$252as in the Funding arb table
Net, price: spread back to 7d avg − costs−$240as in the Price arb table
costs, in and out, $10k−$2392.394% of the position
Funding, last 7 days−0.127%−$13 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.008%, 7d avg −0.001%
=Together, before fees−0.129%+ Points / potential airdropedgeX: Active · GRVT: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.127% in total (about -6.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.30 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MINIMAXUSDC | 36.923 | 0.2586 | pay 0.1293% / 4h | 1h 51m | $28K | $182K | 10x |
| Short | GRVT MINIMAX_USDT_Perp | 36.920 | 0.2326 | get 0.1163% / 4h | 1h 51m | $202 | $113K | 10x |
edgeX MINIMAXUSDC
GRVT MINIMAX_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$54.62
- Price spread: −0.008% → −0.001%
- −$0.68
- Slippage, 4 orders
- −$221.44
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$294.73
- Costs to cover
- 2.394%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 58 min ago; GRVT: live order book, 57 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, 58 min ago | 12.28 bp | 101.0 bp −$101 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 57 min ago | 4.09 bp | 27.2 bp −$27 | 66.1 bp −$661 | doesn't fit | doesn't fit |
MINIMAX on 17 exchanges
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 | 37.030 | +0.291% | $15 | $1.1M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 36.952 | +0.080% | $45K | $256K | 20x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 36.946 | +0.063% | $93K | $3K | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0344% | 1h | 36.962 | +0.106% | — | — | 10x | as long as short |
| Aster MINIMAXUSDT | +0.0377% | 8h | 36.829 | −0.253% | $33K | $5K | 20x | as long as short |
| Lighter MINIMAX | +0.0712% | 1h | 36.938 | +0.042% | $41K | $11K | 10x | as long as short |
| Gate MINIMAX_USDT | +0.0714% | 8h | 37.040 | +0.318% | $1.3M | $2.9M | 50x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0814% | 4h | 36.910 | −0.034% | $112K | $210K | 20x | as long as short |
| Bitget MINIMAXUSDT | +0.1145% | 8h | 37.002 | +0.215% | $1.2M | $2.7M | 20x | as long as short |
| Bybit MINIMAXUSDT | +0.1385% | 8h | 37.000 | +0.210% | $953K | $900K | 25x | as long as short |
SunX MINIMAX-USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
Aevo MINIMAX-PERP
Aster MINIMAXUSDT
Lighter MINIMAX
Gate MINIMAX_USDT
KuCoin MINIMAXUSDTM
Bitget MINIMAXUSDT
Bybit MINIMAXUSDTShow all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX MINIMAX-USDT-SWAP | +0.1564% | 8h | 37.060 | +0.372% | $2.9M | $8.1M | 20x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.1730% | 1h | 36.917 | −0.015% | $4.9M | $3.3M | 10x | as long as short |
| Binance MINIMAXUSDT | +0.1926% | 4h | 36.961 | +0.105% | $6.4M | $29.7M | 25x | as long as short |
| Extended MINIMAX-USD | +0.1928% | 1h | 36.952 | +0.079% | $3K | $920 | 10x | as long as short |
| GRVT MINIMAX_USDT_Perpshort | +0.2326% | 4h | 36.920 | −0.008% | $202 | $113K | 10x | |
| edgeX MINIMAXUSDClong | +0.2586% | 4h | 36.923 | long leg | $28K | $182K | 10x | |
| Ondo Perps MINIMAX-USD.P | +0.3109% | 1h | 36.900 | −0.061% | $22K | $57K | 5x | as long as short |
OKX MINIMAX-USDT-SWAP
tradeXYZ xyz:MINIMAX
Binance MINIMAXUSDT
Extended MINIMAX-USD
Ondo Perps MINIMAX-USD.P