Funding you earn now, next payment 12:00 UTC+0.1463%/8h= +160.2% APRnext payment +$7.32 per $10,000 · paid last 24h +0.222%
Price spread now: Binance against HTX+0.054%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$520.517% of the position
Funding, last 7 days+0.282%+$28 on $10k
+Price spread, last 4 days (all we have)−0.052%−$5 · spread now +0.054%, 7d avg +0.038%
=The price spread sits at its 7-day average of +0.038%, so right now this pair is about funding alone: +$44 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.282% in total (about 14.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.32 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 | HTX MINIMAX-USDT | 36.760 | 0 | get 0.0000% / 4h | 3h 01m | $45K | $255K | 20x |
| Short | Binance MINIMAXUSDT | 36.780 | 0.1463 | get 0.0732% / 4h | 3h 01m | $6.3M | $29.7M | 25x |
HTX MINIMAX-USDT
Binance MINIMAXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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
- $307.31
- Price spread: +0.054% → +0.038%
- $1.6
- Slippage, 4 orders
- −$29.66
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $257.25
- Costs to cover
- 0.517%
- Break-even
- 1.1 days
Slippage from HTX: live order book, 2 min ago; Binance: live order book, 10 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 HTX live order book, 2 min ago | 4.09 bp | 17.4 bp −$17 | 43.7 bp −$437 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 4.09 bp | 9.1 bp −$9 | 32.5 bp −$325 | 189.0 bp −$18.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX MINIMAX-USDTlong | 0.0000% | 4h | 36.760 | long leg | $45K | $255K | 20x | |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 36.753 | −0.019% | $92K | $3K | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 36.764 | +0.010% | — | — | 10x | as long as short |
| SunX MINIMAX-USDT | +0.0320% | 4h | 36.830 | +0.190% | $15 | $1.2M | 10x | as long as short |
| Aster MINIMAXUSDT | +0.0597% | 8h | 36.516 | −0.665% | $33K | $5K | 20x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0696% | 4h | 36.690 | −0.190% | $102K | $130K | 20x | as long as short |
| Gate MINIMAX_USDT | +0.0732% | 8h | 36.830 | +0.190% | $1.3M | $2.9M | 50x | as long as short |
| edgeX MINIMAXUSDC | +0.0901% | 4h | 36.713 | −0.129% | $28K | $183K | 10x | as long as short |
| Lighter MINIMAX | +0.0928% | 1h | 36.747 | −0.035% | $41K | $23K | 10x | as long as short |
| Bitget MINIMAXUSDT | +0.0942% | 8h | 36.786 | +0.071% | $1.2M | $2.7M | 20x | as long as short |
SoDEX MINIMAX-USD
Aevo MINIMAX-PERP
SunX MINIMAX-USDT
Aster MINIMAXUSDT
KuCoin MINIMAXUSDTM
Gate MINIMAX_USDT
edgeX MINIMAXUSDC
Lighter MINIMAX
Bitget MINIMAXUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:MINIMAX | +0.1284% | 1h | 36.732 | −0.076% | $4.9M | $3.3M | 10x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1414% | 8h | 36.840 | +0.218% | $2.8M | $8.0M | 20x | as long as short |
| Extended MINIMAX-USD | +0.1416% | 1h | 36.770 | +0.027% | $3K | $920 | 10x | as long as short |
| Binance MINIMAXUSDTshort | +0.1463% | 4h | 36.780 | +0.054% | $6.3M | $29.7M | 25x | |
| Ondo Perps MINIMAX-USD.P | +0.1497% | 1h | 36.800 | +0.109% | $22K | $57K | 5x | as long as short |
| Bybit MINIMAXUSDT | +0.2777% | 8h | 36.770 | +0.027% | $939K | $897K | 25x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.3146% | 4h | 36.712 | −0.131% | $355 | $117K | 10x | as long as short |
tradeXYZ xyz:MINIMAX
OKX MINIMAX-USDT-SWAP
Extended MINIMAX-USD
Ondo Perps MINIMAX-USD.P
Bybit MINIMAXUSDT
GRVT MINIMAX_USDT_Perp