Funding you earn now, next payment 07:00 UTC−0.1237%/8h= −135.4% APRpaid last 24h −0.159%
Price spread now: SoDEX against edgeX−0.075%45s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$37 a day on $10k at the current rate, and SoDEX is 0.075% cheaper against edgeX than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MINIMAXUSDC | 36.475 | 0.1287 | pay 0.0643% / 4h | 1h 17m | $27K | $183K | 10x |
| Short | SoDEX MINIMAX-USD | 36.448 | 0.0050 | get 0.0006% / 1h | 17m 32s | $91K | $3K | 10x |
edgeX MINIMAXUSDC
SoDEX MINIMAX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$259.67
- Price spread: −0.075% → 0.000%
- −$7.52
- Slippage, 4 orders
- no order book: not counted
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$284.19
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: edgeX: live order book, 24 min ago; SoDEX: 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, 24 min ago | 12.26 bp | 27.8 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX MINIMAX-USDT | 0.0000% | 4h | 36.440 | −0.097% | $15 | $1.9M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 36.434 | −0.114% | $47K | $234K | 20x | as long as short |
| SoDEX MINIMAX-USDshort | +0.0050% | 1h | 36.448 | −0.075% | $91K | $3K | 10x | |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 36.439 | −0.101% | — | — | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0126% | 1h | 36.510 | +0.095% | $23K | $51K | 5x | as long as short |
| Lighter MINIMAX | +0.0192% | 1h | 36.421 | −0.149% | $41K | $25K | 10x | as long as short |
| Gate MINIMAX_USDT | +0.0264% | 8h | 36.530 | +0.150% | $1.3M | $3.4M | 50x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0354% | 1h | 36.378 | −0.267% | $4.5M | $3.3M | 10x | as long as short |
| Bybit MINIMAXUSDT | +0.0453% | 8h | 36.430 | −0.125% | $909K | $1.1M | 25x | as long as short |
| Aster MINIMAXUSDT | +0.0590% | 8h | 36.491 | +0.044% | $32K | $46K | 20x | as long as short |
SunX MINIMAX-USDT
HTX MINIMAX-USDT
Aevo MINIMAX-PERP
Ondo Perps MINIMAX-USD.P
Lighter MINIMAX
Gate MINIMAX_USDT
tradeXYZ xyz:MINIMAX
Bybit MINIMAXUSDT
Aster MINIMAXUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MINIMAXUSDTM | +0.0730% | 4h | 36.440 | −0.097% | $96K | $37K | 20x | as long as short |
| Bitget MINIMAXUSDT | +0.0733% | 8h | 36.421 | −0.149% | $1.2M | $2.8M | 20x | as long as short |
| Binance MINIMAXUSDT | +0.0878% | 4h | 36.420 | −0.152% | $6.3M | $32.6M | 25x | as long as short |
| Extended MINIMAX-USD | +0.0888% | 1h | 36.436 | −0.108% | $3K | — | 10x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.0956% | 4h | 36.490 | +0.040% | $398 | $125K | 10x | as long as short |
| edgeX MINIMAXUSDClong | +0.1287% | 4h | 36.475 | long leg | $27K | $183K | 10x | |
| OKX MINIMAX-USDT-SWAP | +0.1391% | 8h | 36.480 | +0.013% | $2.8M | $8.5M | 20x | as long as short |
KuCoin MINIMAXUSDTM
Bitget MINIMAXUSDT
Binance MINIMAXUSDT
Extended MINIMAX-USD
GRVT MINIMAX_USDT_Perp
OKX MINIMAX-USDT-SWAP