Funding you earn now, next payment 08:00 UTC−0.0751%/8h= −82.3% APRnext payment −$3.76 per $10,000 · paid last 24h −0.174%
Price spread now: SunX against edgeX−0.375%7-day average +0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs−$239as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2032.033% of the position
Funding, last 7 days−0.357%−$36 on $10k
+Price spread, last 4 days (all we have)+0.565%+$56 · spread now −0.375%, 7d avg +0.099%
=Together, before fees+0.208%+ Points / potential airdropedgeX: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and SunX is 0.474% cheaper against edgeX than usual: you would sell low and buy high (−$47 if the spread goes back to its 7-day average of +0.099%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.357% in total (about -18.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.76 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 | 36.678 | 0.0751 | pay 0.0376% / 4h | 50m 41s | $28K | $183K | 10x |
| Short | SunX MINIMAX-USDT | 36.540 | 0 | get 0.0000% / 4h | 50m 41s | $15 | $1.7M | 10x |
edgeX MINIMAXUSDC
SunX MINIMAX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$157.76
- Price spread: −0.375% → +0.099%
- −$47.41
- Slippage, 4 orders
- −$186.26
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$408.43
- Costs to cover
- 2.033%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 51 min ago; SunX: live order book, 5 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, 51 min ago | 12.26 bp | 27.8 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 5 min ago | 31.23 bp | 87.7 bp −$88 | 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-USDTshort | 0.0000% | 4h | 36.540 | −0.375% | $15 | $1.7M | 10x | |
| HTX MINIMAX-USDT | 0.0000% | 4h | 36.434 | −0.664% | $49K | $232K | 20x | as long as short |
| Lighter MINIMAX | +0.0040% | 1h | 36.466 | −0.577% | $41K | $23K | 10x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 36.461 | −0.590% | $92K | $3K | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0050% | 1h | 36.480 | −0.539% | $23K | $51K | 5x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0104% | 1h | 36.450 | −0.620% | $4.7M | $3.2M | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 36.457 | −0.602% | — | — | 10x | as long as short |
| Gate MINIMAX_USDT | +0.0329% | 8h | 36.540 | −0.375% | $1.3M | $2.8M | 50x | as long as short |
| Bybit MINIMAXUSDT | +0.0400% | 8h | 36.480 | −0.539% | $916K | $1.1M | 25x | as long as short |
| Aster MINIMAXUSDT | +0.0581% | 8h | 36.546 | −0.358% | $33K | $46K | 20x | as long as short |
HTX MINIMAX-USDT
Lighter MINIMAX
SoDEX MINIMAX-USD
Ondo Perps MINIMAX-USD.P
tradeXYZ xyz:MINIMAX
Aevo MINIMAX-PERP
Gate MINIMAX_USDT
Bybit MINIMAXUSDT
Aster MINIMAXUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MINIMAXUSDTM | +0.0706% | 4h | 36.460 | −0.593% | $95K | $36K | 20x | as long as short |
| Bitget MINIMAXUSDT | +0.0712% | 8h | 36.492 | −0.506% | $1.2M | $2.8M | 20x | as long as short |
| edgeX MINIMAXUSDClong | +0.0751% | 4h | 36.678 | long leg | $28K | $183K | 10x | |
| GRVT MINIMAX_USDT_Perp | +0.0820% | 4h | 36.829 | +0.413% | $271 | $126K | 10x | as long as short |
| Extended MINIMAX-USD | +0.0840% | 1h | 36.473 | −0.558% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDT | +0.0843% | 4h | 36.489 | −0.514% | $6.3M | $31.8M | 25x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1399% | 8h | 36.550 | −0.348% | $2.8M | $8.4M | 20x | as long as short |
KuCoin MINIMAXUSDTM
Bitget MINIMAXUSDT
GRVT MINIMAX_USDT_Perp
Extended MINIMAX-USD
Binance MINIMAXUSDT
OKX MINIMAX-USDT-SWAP