Funding you earn now, next payment 04:00 UTC−0.1630%/8h= −178.5% APRnext payment −$8.15 per $10,000 · paid last 24h −0.126%
Price spread now: HTX against edgeX+0.025%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$930.934% of the position
Funding, last 7 days−0.403%−$40 on $10k
+Price spread, last 4 days (all we have)+0.302%+$30 · spread now +0.025%, 7d avg +0.048%
=Together, before fees−0.101%+ Points / potential airdropedgeX: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$49 a day on $10k at the current rate, and HTX is 0.024% cheaper against edgeX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.048%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.403% in total (about -21.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$8.15 per $10,000. 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 | 38.052 | 0.1630 | pay 0.0815% / 4h | 12m 53s | $29K | $184K | 10x |
| Short | HTX MINIMAX-USDT | 38.061 | 0 | get 0.0000% / 4h | 12m 53s | $43K | $216K | 20x |
edgeX MINIMAXUSDC
HTX MINIMAX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$342.33
- Price spread: +0.025% → +0.048%
- −$2.35
- Slippage, 4 orders
- −$72.45
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$438.13
- Costs to cover
- 0.934%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 44 min ago; HTX: live order book, 16 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, 44 min ago | 13.02 bp | 25.8 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 16 min ago | 2.36 bp | 20.0 bp −$20 | 66.5 bp −$665 | 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 | 38.090 | +0.101% | $1.4M | $3.9M | 50x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 38.050 | −0.004% | $15 | $2.4M | 10x | as long as short |
| HTX MINIMAX-USDTshort | 0.0000% | 4h | 38.061 | +0.025% | $43K | $216K | 20x | |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 38.020 | −0.083% | $95K | $3K | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0050% | 1h | 38.040 | −0.031% | $27K | $41K | 5x | as long as short |
| Lighter MINIMAX | +0.0120% | 1h | 38.038 | −0.036% | $43K | $25K | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0160% | 1h | 38.038 | −0.035% | — | — | 10x | as long as short |
| Bybit MINIMAXUSDT | +0.0303% | 8h | 38.050 | −0.004% | $928K | $1.1M | 25x | as long as short |
| Aster MINIMAXUSDT | +0.0384% | 8h | 38.069 | +0.045% | $34K | $150K | 20x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0544% | 4h | 38.040 | −0.031% | $96K | $39K | 20x | as long as short |
Gate MINIMAX_USDT
SunX MINIMAX-USDT
SoDEX MINIMAX-USD
Ondo Perps MINIMAX-USD.P
Lighter MINIMAX
Aevo MINIMAX-PERP
Bybit MINIMAXUSDT
Aster MINIMAXUSDT
KuCoin MINIMAXUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MINIMAX_USDT_Perp | +0.0830% | 4h | 38.076 | +0.065% | $218 | $126K | 10x | as long as short |
| Bitget MINIMAXUSDT | +0.0862% | 8h | 38.062 | +0.027% | $1.3M | $2.6M | 20x | as long as short |
| Extended MINIMAX-USD | +0.0904% | 1h | 38.030 | −0.058% | $3K | — | 10x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0905% | 1h | 38.023 | −0.075% | $4.4M | $3.0M | 10x | as long as short |
| Binance MINIMAXUSDT | +0.0906% | 4h | 38.040 | −0.031% | $6.4M | $31.2M | 25x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1409% | 8h | 38.060 | +0.022% | $2.6M | $8.4M | 20x | as long as short |
| edgeX MINIMAXUSDClong | +0.1630% | 4h | 38.052 | long leg | $29K | $184K | 10x |
GRVT MINIMAX_USDT_Perp
Bitget MINIMAXUSDT
Extended MINIMAX-USD
tradeXYZ xyz:MINIMAX
Binance MINIMAXUSDT
OKX MINIMAX-USDT-SWAP