Funding you earn now, next payment 04:00 UTC−0.2118%/8h= −231.9% APRnext payment −$10.59 per $10,000 · paid last 24h +0.115%
Price spread now: edgeX against GRVT+0.191%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$234as in the Price arb table
costs, in and out, $10k−$2542.536% of the position
Funding, last 7 days+0.348%+$35 on $10k
+Price spread, last 4 days (all we have)−0.156%−$16 · spread now +0.191%, 7d avg −0.002%
=Together, before fees+0.191%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.193% dearer against GRVT than usual: you sell high and buy low (spread +0.191% now, against its 7-day average of −0.002%): +$19 on $10k if it goes back. Holding the pair costs −$64 a day in funding at the current rate, which eats that in about 7 hours. Mind the row above: over the last 7 days funding on this pair paid +0.348%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.348% in total (about 18.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$10.59 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 | GRVT MINIMAX_USDT_Perp | 39.959 | 0.1748 | pay 0.0874% / 4h | 2h 40m | $579 | $128K | 10x |
| Short | edgeX MINIMAXUSDC | 40.035 | −0.0370 | pay 0.0185% / 4h | 2h 40m | $30K | $187K | 10x |
GRVT MINIMAX_USDT_Perp
edgeX MINIMAXUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$444.73
- Price spread: +0.191% → −0.002%
- $19.32
- Slippage, 4 orders
- −$235.63
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$679.04
- Costs to cover
- 2.536%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 22 min ago; edgeX: live order book, 26 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, 22 min ago | 3.77 bp | 22.5 bp −$22 | 56.4 bp −$564 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 26 min ago | 12.57 bp | 97.8 bp −$98 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MINIMAXUSDCshort | −0.0370% | 4h | 40.035 | +0.191% | $30K | $187K | 10x | |
| Gate MINIMAX_USDT | 0.0000% | 8h | 40.260 | +0.753% | $1.2M | $4.4M | 50x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 40.470 | +1.279% | $16 | $3.7M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 40.533 | +1.436% | $38K | $142K | 20x | as long as short |
| SoDEX MINIMAX-USD | +0.0094% | 1h | 40.237 | +0.696% | $101K | $4K | 10x | as long as short |
| Aster MINIMAXUSDT | +0.0198% | 8h | 39.872 | −0.217% | $35K | $152K | 20x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0358% | 4h | 40.300 | +0.853% | $101K | $42K | 20x | as long as short |
| Aevo MINIMAX-PERP | +0.0488% | 1h | 40.179 | +0.549% | — | — | 10x | as long as short |
| Extended MINIMAX-USD | +0.0752% | 1h | 40.410 | +1.129% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDT | +0.0807% | 4h | 40.230 | +0.678% | $6.8M | $35.6M | 25x | as long as short |
Gate MINIMAX_USDT
SunX MINIMAX-USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
Aster MINIMAXUSDT
KuCoin MINIMAXUSDTM
Aevo MINIMAX-PERP
Extended MINIMAX-USD
Binance MINIMAXUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MINIMAXUSDT | +0.1164% | 8h | 40.192 | +0.583% | $1.4M | $2.7M | 20x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1200% | 8h | 40.290 | +0.828% | $1.8M | $9.8M | 20x | as long as short |
| Bybit MINIMAXUSDT | +0.1540% | 8h | 40.250 | +0.728% | $965K | $1.4M | 25x | as long as short |
| GRVT MINIMAX_USDT_Perplong | +0.1748% | 4h | 39.959 | long leg | $579 | $128K | 10x | |
| Lighter MINIMAX | +0.2096% | 1h | 40.241 | +0.706% | $45K | $25K | 10x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.3292% | 1h | 40.230 | +0.678% | $4.7M | $3.1M | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.3449% | 1h | 40.190 | +0.578% | $31K | $48K | 5x | as long as short |
Bitget MINIMAXUSDT
OKX MINIMAX-USDT-SWAP
Bybit MINIMAXUSDT
Lighter MINIMAX
tradeXYZ xyz:MINIMAX
Ondo Perps MINIMAX-USD.P