Funding you earn now, next payment 00:00 UTC−0.1560%/8h= −170.8% APRnext payment −$7.80 per $10,000 · paid last 24h −0.034%
Price spread now: HTX against GRVT−0.354%77s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.123%−$12 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$47 a day on $10k at the current rate, and HTX is 0.354% cheaper against GRVT than usual: you would sell low and buy high (−$35 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.123% in total (about -6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.80 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 | 39.840 | 0.1560 | pay 0.0780% / 4h | 15m 44s | $749 | $138K | 10x |
| Short | HTX MINIMAX-USDT | 39.699 | 0 | get 0.0000% / 4h | 15m 44s | $38K | $71K | 20x |
GRVT MINIMAX_USDT_Perp
HTX MINIMAX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$327.6
- Price spread: −0.354% → 0.000%
- −$35.39
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$383.99
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 61 min ago; HTX: no order-book sample. Net counts fees only.
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, 61 min ago | 3.79 bp | 19.5 bp −$19 | 62.4 bp −$624 | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 39.710 | −0.326% | $1.2M | $6.2M | 50x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 39.710 | −0.326% | $16 | $3.9M | 10x | as long as short |
| HTX MINIMAX-USDTshort | 0.0000% | 4h | 39.699 | −0.354% | $38K | $71K | 20x | |
| Lighter MINIMAX | +0.0048% | 1h | 39.766 | −0.186% | $46K | $27K | 10x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 39.692 | −0.371% | $100K | $4K | 10x | as long as short |
| Aster MINIMAXUSDT | +0.0286% | 8h | 39.720 | −0.301% | $34K | $152K | 20x | as long as short |
| Aevo MINIMAX-PERP | +0.0768% | 1h | 39.716 | −0.311% | — | — | 10x | as long as short |
| Bybit MINIMAXUSDT | +0.0777% | 8h | 39.720 | −0.301% | $940K | $1.4M | 25x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0811% | 1h | 39.700 | −0.351% | $4.6M | $2.9M | 10x | as long as short |
| KuCoin MINIMAXUSDTM | +0.1156% | 4h | 39.710 | −0.326% | $100K | $44K | 20x | as long as short |
Gate MINIMAX_USDT
SunX MINIMAX-USDT
Lighter MINIMAX
SoDEX MINIMAX-USD
Aster MINIMAXUSDT
Aevo MINIMAX-PERP
Bybit MINIMAXUSDT
tradeXYZ xyz:MINIMAX
KuCoin MINIMAXUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps MINIMAX-USD.P | +0.1352% | 1h | 39.760 | −0.201% | $30K | $48K | 5x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1485% | 8h | 39.660 | −0.452% | $1.7M | $9.6M | 20x | as long as short |
| Bitget MINIMAXUSDT | +0.1490% | 8h | 39.664 | −0.442% | $1.3M | $2.9M | 20x | as long as short |
| GRVT MINIMAX_USDT_Perplong | +0.1560% | 4h | 39.840 | long leg | $749 | $138K | 10x | |
| edgeX MINIMAXUSDC | +0.1681% | 4h | 39.818 | −0.056% | $30K | $188K | 10x | as long as short |
| Binance MINIMAXUSDT | +0.1694% | 4h | 39.677 | −0.410% | $6.4M | $35.6M | 25x | as long as short |
| Extended MINIMAX-USD | +0.1712% | 1h | 39.675 | −0.415% | $3K | — | 10x | as long as short |
Ondo Perps MINIMAX-USD.P
OKX MINIMAX-USDT-SWAP
Bitget MINIMAXUSDT
edgeX MINIMAXUSDC
Binance MINIMAXUSDT
Extended MINIMAX-USD