Funding you earn now, next payment 08:00 UTC+0.0826%/8h= +90.5% APRnext payment +$4.13 per $10,000 · paid last 24h +0.060%
Price spread now: edgeX against KuCoin−0.048%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. edgeX is 0.048% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 5 hours of funding at the current rate (+$25 a day). At the pace of the last 7 days (+0.073% in total) that is about 4.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.073% in total (about 3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.13 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 | KuCoin MINIMAXUSDTM | 37.050 | 0.0684 | pay 0.0342% / 4h | 1h 52m | $98K | $38K | 20x |
| Short | edgeX MINIMAXUSDC | 37.032 | 0.1510 | get 0.0755% / 4h | 1h 52m | $28K | $183K | 10x |
KuCoin MINIMAXUSDTM
edgeX MINIMAXUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against KuCoin. 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
- $173.54
- Price spread: −0.048% → 0.000%
- −$4.81
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $147.73
- Costs to cover
- 0.210%
- Break-even
- 1.0 days
Slippage unknown: KuCoin: no order-book sample; edgeX: live order book, 54 min ago. 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 KuCoin no order-book sample | — | — | — | — | — |
| Sell edgeX live order book, 54 min ago | 12.19 bp | 23.3 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
KuCoin: 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX MINIMAX-USDT | 0.0000% | 4h | 37.080 | +0.081% | $15 | $2.0M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 37.066 | +0.043% | $48K | $234K | 20x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 37.014 | −0.097% | $93K | $3K | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 37.024 | −0.069% | — | — | 10x | as long as short |
| Gate MINIMAX_USDT | +0.0202% | 8h | 37.110 | +0.162% | $1.4M | $3.2M | 50x | as long as short |
| Bybit MINIMAXUSDT | +0.0514% | 8h | 37.040 | −0.027% | $919K | $1.1M | 25x | as long as short |
| Lighter MINIMAX | +0.0560% | 1h | 37.043 | −0.019% | $41K | $25K | 10x | as long as short |
| Aster MINIMAXUSDT | +0.0584% | 8h | 37.102 | +0.141% | $33K | $46K | 20x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0615% | 1h | 37.000 | −0.135% | $23K | $51K | 5x | as long as short |
| KuCoin MINIMAXUSDTMlong | +0.0684% | 4h | 37.050 | long leg | $98K | $38K | 20x |
SunX MINIMAX-USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
Aevo MINIMAX-PERP
Gate MINIMAX_USDT
Bybit MINIMAXUSDT
Lighter MINIMAX
Aster MINIMAXUSDT
Ondo Perps MINIMAX-USD.PShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MINIMAXUSDT | +0.0743% | 8h | 37.067 | +0.046% | $1.2M | $2.8M | 20x | as long as short |
| Binance MINIMAXUSDT | +0.0910% | 4h | 37.050 | 0.000% | $6.4M | $32.6M | 25x | as long as short |
| Extended MINIMAX-USD | +0.0912% | 1h | 37.040 | −0.027% | $3K | — | 10x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0914% | 1h | 37.010 | −0.108% | $4.5M | $3.3M | 10x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.1344% | 4h | 37.060 | +0.027% | $865 | $127K | 10x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1414% | 8h | 37.060 | +0.027% | $2.8M | $8.5M | 20x | as long as short |
| edgeX MINIMAXUSDCshort | +0.1510% | 4h | 37.032 | −0.048% | $28K | $183K | 10x |
Bitget MINIMAXUSDT
Binance MINIMAXUSDT
Extended MINIMAX-USD
tradeXYZ xyz:MINIMAX
GRVT MINIMAX_USDT_Perp
OKX MINIMAX-USDT-SWAP