Funding you earn now, next payment 04:00 UTC−0.1092%/8h= −119.6% APRnext payment −$5.46 per $10,000 · paid last 24h −0.030%
Price spread now: KuCoin against edgeX−0.057%53s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.113%−$11 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and KuCoin is 0.057% cheaper against edgeX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 53 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 -0.113% in total (about -5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.46 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 34s | $29K | $184K | 10x |
| Short | KuCoin MINIMAXUSDTM | 38.030 | 0.0538 | get 0.0269% / 4h | 12m 34s | $96K | $39K | 20x |
edgeX MINIMAXUSDC
KuCoin MINIMAXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$229.35
- Price spread: −0.057% → 0.000%
- −$5.69
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$256.04
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 44 min ago; KuCoin: no order-book sample. 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 edgeX live order book, 44 min ago | 13.02 bp | 25.8 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin no order-book sample | — | — | — | — | — |
KuCoin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 38.070 | +0.048% | $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-USDT | 0.0000% | 4h | 38.061 | +0.025% | $43K | $216K | 20x | as long as short |
| 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 | 37.960 | −0.241% | $27K | $41K | 5x | as long as short |
| Lighter MINIMAX | +0.0112% | 1h | 38.034 | −0.046% | $43K | $25K | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0160% | 1h | 38.038 | −0.035% | — | — | 10x | as long as short |
| Bybit MINIMAXUSDT | +0.0296% | 8h | 38.070 | +0.048% | $928K | $1.1M | 25x | as long as short |
| Aster MINIMAXUSDT | +0.0379% | 8h | 38.070 | +0.049% | $34K | $150K | 20x | as long as short |
| KuCoin MINIMAXUSDTMshort | +0.0538% | 4h | 38.030 | −0.057% | $96K | $39K | 20x |
Gate MINIMAX_USDT
SunX MINIMAX-USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
Ondo Perps MINIMAX-USD.P
Lighter MINIMAX
Aevo MINIMAX-PERP
Bybit MINIMAXUSDT
Aster MINIMAXUSDTShow 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 | +0.0854% | 8h | 38.053 | +0.004% | $1.3M | $2.6M | 20x | as long as short |
| Binance MINIMAXUSDT | +0.0895% | 4h | 38.044 | −0.020% | $6.4M | $31.0M | 25x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0898% | 1h | 38.021 | −0.081% | $4.4M | $3.0M | 10x | as long as short |
| Extended MINIMAX-USD | +0.0904% | 1h | 38.030 | −0.058% | $3K | — | 10x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1409% | 8h | 38.110 | +0.153% | $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
Binance MINIMAXUSDT
tradeXYZ xyz:MINIMAX
Extended MINIMAX-USD
OKX MINIMAX-USDT-SWAP