Funding you earn now, next payment 00:00 UTC+0.0908%/8h= +99.5% APRpaid last 24h +0.150%
Price spread now: edgeX against Gate−0.250%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$308as in the Funding arb table
Net, price: spread back to 7d avg − costs−$350as in the Price arb table
costs, in and out, $10k−$3303.300% of the position
Funding, last 7 days+0.220%+$22 on $10k
+Price spread, last 3 days (all we have)+0.247%+$25 · spread now −0.250%, 7d avg −0.050%
=Together, before fees+0.467%+ Points / potential airdropedgeX: Active · farm board+$47 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.200% cheaper against Gate than usual: you would sell low and buy high (spread −0.250% now, against its 7-day average of −0.050%). If the spread goes back, that is −$20 on $10k: about 18 hours of funding at the current rate (+$27 a day). At the pace of the last 7 days (+0.220% in total) that is about 6.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.220% in total (about 11.4% a year). A funding rate is set anew for every payment. 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 | Gate MINIMAX_USDT | 39.860 | 0 | get 0.0000% / 8h | 25m 24s | $1.2M | $6.2M | 50x |
| Short | edgeX MINIMAXUSDC | 39.760 | 0.0908 | get 0.0454% / 4h | 25m 24s | $30K | $186K | 10x |
Gate MINIMAX_USDT
edgeX MINIMAXUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $190.75
- Price spread: −0.250% → −0.050%
- −$20.01
- Slippage, 4 orders
- −$306
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$159.26
- Costs to cover
- 3.300%
- Break-even
- 12.8 days
Slippage from Gate: live order book, 3 min ago; edgeX: live order book, 51 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, 3 min ago | 3.77 bp | 60.4 bp −$60 | 219.2 bp −$2,192 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 51 min ago | 12.61 bp | 100.2 bp −$100 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MINIMAX_USDTlong | 0.0000% | 8h | 39.860 | long leg | $1.2M | $6.2M | 50x | |
| SunX MINIMAX-USDT | 0.0000% | 4h | 39.880 | +0.050% | $16 | $3.9M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 39.796 | −0.161% | $38K | $71K | 20x | as long as short |
| Lighter MINIMAX | +0.0032% | 1h | 39.839 | −0.053% | $46K | $27K | 10x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 39.800 | −0.151% | $100K | $4K | 10x | as long as short |
| Aster MINIMAXUSDT | +0.0256% | 8h | 39.676 | −0.462% | $34K | $152K | 20x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0564% | 1h | 39.818 | −0.105% | $4.6M | $2.9M | 10x | as long as short |
| Bybit MINIMAXUSDT | +0.0765% | 8h | 39.830 | −0.075% | $942K | $1.4M | 25x | as long as short |
| Aevo MINIMAX-PERP | +0.0768% | 1h | 39.844 | −0.040% | — | — | 10x | as long as short |
| edgeX MINIMAXUSDCshort | +0.0908% | 4h | 39.760 | −0.250% | $30K | $186K | 10x |
SunX MINIMAX-USDT
HTX MINIMAX-USDT
Lighter MINIMAX
SoDEX MINIMAX-USD
Aster MINIMAXUSDT
tradeXYZ xyz:MINIMAX
Bybit MINIMAXUSDT
Aevo MINIMAX-PERPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps MINIMAX-USD.P | +0.1053% | 1h | 39.750 | −0.276% | $30K | $48K | 5x | as long as short |
| KuCoin MINIMAXUSDTM | +0.1176% | 4h | 39.730 | −0.326% | $100K | $44K | 20x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.1420% | 4h | 39.830 | −0.075% | $333 | $137K | 10x | as long as short |
| Bitget MINIMAXUSDT | +0.1451% | 8h | 39.825 | −0.088% | $1.3M | $2.8M | 20x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1485% | 8h | 39.860 | 0.000% | $1.7M | $9.7M | 20x | as long as short |
| Extended MINIMAX-USD | +0.1688% | 1h | 39.839 | −0.052% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDT | +0.1700% | 4h | 39.840 | −0.050% | $6.4M | $35.4M | 25x | as long as short |
Ondo Perps MINIMAX-USD.P
KuCoin MINIMAXUSDTM
GRVT MINIMAX_USDT_Perp
Bitget MINIMAXUSDT
OKX MINIMAX-USDT-SWAP
Extended MINIMAX-USD
Binance MINIMAXUSDT