Funding you earn now, next payment 04:00 UTC−0.0849%/8h= −93.0% APRpaid last 24h −0.118%
Price spread now: Aster against GRVT+0.409%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$340as in the Funding arb table
Net, price: spread back to 7d avg − costs−$275as in the Price arb table
costs, in and out, $10k−$3163.160% of the position
Funding, last 7 days−0.242%−$24 on $10k
+Price spread, last 4 days (all we have)−0.459%−$46 · spread now +0.409%, 7d avg +0.003%
=Together, before fees−0.701%+ Points / potential airdropGRVT: Active · Aster: Stage 5 · farm board−$70 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.406% dearer against GRVT than usual: you sell high and buy low (spread +0.409% now, against its 7-day average of +0.003%): +$41 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 38 hours. At the pace of the last 7 days (−0.242% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.242% in total (about -12.6% 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 | GRVT MINIMAX_USDT_Perp | 38.189 | 0.1164 | pay 0.0582% / 4h | 1h 31m | $466 | $124K | 10x |
| Short | Aster MINIMAXUSDT | 38.345 | 0.0315 | get 0.0315% / 8h | 5h 31m | $34K | $150K | 20x |
GRVT MINIMAX_USDT_Perp
Aster MINIMAXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against GRVT. 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
- −$178.3
- Price spread: +0.409% → +0.003%
- $40.58
- Slippage, 4 orders
- −$298.99
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$453.71
- Costs to cover
- 3.160%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 26 min ago; Aster: live order book, 30 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 GRVT live order book, 26 min ago | 5.16 bp | 21.9 bp −$22 | 79.5 bp −$795 | doesn't fit | doesn't fit |
| Sell Aster live order book, 30 min ago | 30.94 bp | 36.6 bp −$37 | 125.2 bp −$1,252 | 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_USDT | 0.0000% | 8h | 38.390 | +0.526% | $1.4M | $3.9M | 50x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 38.350 | +0.421% | $15 | $2.6M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 38.278 | +0.232% | $44K | $218K | 20x | as long as short |
| Lighter MINIMAX | +0.0032% | 1h | 38.379 | +0.497% | $43K | $25K | 10x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0050% | 1h | 38.364 | +0.458% | $4.4M | $2.9M | 10x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 38.357 | +0.439% | $96K | $3K | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0050% | 1h | 38.150 | −0.103% | $29K | $38K | 5x | as long as short |
| Aevo MINIMAX-PERP | +0.0312% | 1h | 38.330 | +0.368% | — | — | 10x | as long as short |
| Aster MINIMAXUSDTshort | +0.0315% | 8h | 38.345 | +0.409% | $34K | $150K | 20x | |
| KuCoin MINIMAXUSDTM | +0.0392% | 4h | 38.380 | +0.499% | $97K | $36K | 20x | as long as short |
Gate MINIMAX_USDT
SunX MINIMAX-USDT
HTX MINIMAX-USDT
Lighter MINIMAX
tradeXYZ xyz:MINIMAX
SoDEX MINIMAX-USD
Ondo Perps MINIMAX-USD.P
Aevo MINIMAX-PERP
KuCoin MINIMAXUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINIMAXUSDT | +0.0615% | 8h | 38.450 | +0.683% | $916K | $1.1M | 25x | as long as short |
| Extended MINIMAX-USD | +0.0936% | 1h | 38.354 | +0.430% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDT | +0.0939% | 4h | 38.436 | +0.645% | $6.4M | $30.4M | 25x | as long as short |
| Bitget MINIMAXUSDT | +0.1067% | 8h | 38.494 | +0.798% | $1.3M | $2.5M | 20x | as long as short |
| GRVT MINIMAX_USDT_Perplong | +0.1164% | 4h | 38.189 | long leg | $466 | $124K | 10x | |
| OKX MINIMAX-USDT-SWAP | +0.1225% | 8h | 38.570 | +0.997% | $2.2M | $8.1M | 20x | as long as short |
| edgeX MINIMAXUSDC | +0.1869% | 4h | 38.213 | +0.062% | $29K | $184K | 10x | as long as short |
Bybit MINIMAXUSDT
Extended MINIMAX-USD
Binance MINIMAXUSDT
Bitget MINIMAXUSDT
OKX MINIMAX-USDT-SWAP
edgeX MINIMAXUSDC