Funding you earn now, next payment 04:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h +0.167%
Price spread now: Binance against Gate0.000%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1371.375% of the position
Funding, last 7 days+0.026%+$3 on $10k
+Price spread, last 2 days (all we have)−0.038%−$4 · spread now 0.000%, 7d avg −0.001%
=The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MINIMAX_USDT | 39.820 | 0 | get 0.0000% / 8h | 7h 07m | $1.2M | $6.2M | 50x |
| Short | Binance MINIMAXUSDT | 39.820 | 0.0044 | get 0.0022% / 4h | 3h 07m | $6.6M | $35.7M | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $9.18
- Price spread: 0.000% → −0.001%
- $0.09
- Slippage, 4 orders
- −$112.45
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$128.19
- Costs to cover
- 1.375%
- Break-even
- 104.8 days
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 4 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 Gate live order book, 1 min ago | 6.27 bp | 62.0 bp −$62 | 233.0 bp −$2,330 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 1.26 bp | 8.7 bp −$9 | 30.4 bp −$304 | 182.5 bp −$18.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:MINIMAX | −0.0264% | 1h | 39.748 | −0.181% | $4.7M | $3.0M | 10x | as long as short |
| Bybit MINIMAXUSDT | 0.0000% | 8h | 39.810 | −0.025% | $945K | $1.4M | 25x | as long as short |
| Gate MINIMAX_USDTlong | 0.0000% | 8h | 39.820 | long leg | $1.2M | $6.2M | 50x | |
| GRVT MINIMAX_USDT_Perp | 0.0000% | 4h | 39.740 | −0.201% | $512 | $131K | 10x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 39.860 | +0.100% | $16 | $3.8M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 39.796 | −0.060% | $37K | $70K | 20x | as long as short |
| Lighter MINIMAX | +0.0032% | 1h | 39.775 | −0.113% | $46K | $27K | 10x | as long as short |
| Extended MINIMAX-USD | +0.0040% | 1h | 39.809 | −0.027% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDTshort | +0.0044% | 4h | 39.820 | 0.000% | $6.6M | $35.7M | 25x | |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 39.766 | −0.136% | $100K | $4K | 10x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps MINIMAX-USD.P | +0.0050% | 1h | 39.760 | −0.151% | $31K | $50K | 5x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0100% | 4h | 39.710 | −0.276% | $100K | $44K | 20x | as long as short |
| Aster MINIMAXUSDT | +0.0116% | 8h | 39.653 | −0.420% | $35K | $152K | 20x | as long as short |
| Aevo MINIMAX-PERP | +0.0448% | 1h | 39.752 | −0.170% | — | — | 10x | as long as short |
| edgeX MINIMAXUSDC | +0.0478% | 4h | 39.733 | −0.218% | $30K | $187K | 10x | as long as short |
| Bitget MINIMAXUSDT | +0.0875% | 8h | 39.816 | −0.010% | $1.3M | $2.8M | 20x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1036% | 8h | 39.890 | +0.176% | $1.7M | $9.6M | 20x | as long as short |
Gate MINIMAX_USDT
Binance MINIMAXUSDT
tradeXYZ xyz:MINIMAX
Bybit MINIMAXUSDT
GRVT MINIMAX_USDT_Perp
SunX MINIMAX-USDT
HTX MINIMAX-USDT
Lighter MINIMAX
Extended MINIMAX-USD
SoDEX MINIMAX-USD
KuCoin MINIMAXUSDTM
Aster MINIMAXUSDT
edgeX MINIMAXUSDC
Bitget MINIMAXUSDT
OKX MINIMAX-USDT-SWAP