Funding you earn now, next payment 12:00 UTC−0.0704%/8h= −77.1% APRnext payment −$3.52 per $10,000 · paid last 24h −0.146%
Price spread now: SunX against KuCoin+0.220%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.289%−$29 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. SunX is 0.220% dearer against KuCoin than usual: you sell high and buy low (spread +0.220% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 7 days (−0.289% in total) that is about 5.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.289% in total (about -15.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.52 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 | 36.330 | 0.0704 | pay 0.0352% / 4h | 3h 36m | $95K | $93K | 20x |
| Short | SunX MINIMAX-USDT | 36.410 | 0 | get 0.0000% / 4h | 3h 36m | $15 | $1.2M | 10x |
KuCoin MINIMAXUSDTM
SunX MINIMAX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$147.84
- Price spread: +0.220% → 0.000%
- $22.02
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$145.82
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: KuCoin: no order-book sample; SunX: live order book, 6 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 SunX live order book, 6 min ago | 31.58 bp | 90.5 bp −$91 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINIMAXUSDT | 0.0000% | 8h | 36.330 | 0.000% | $924K | $895K | 25x | as long as short |
| Gate MINIMAX_USDT | 0.0000% | 8h | 36.360 | +0.083% | $1.3M | $2.9M | 50x | as long as short |
| SunX MINIMAX-USDTshort | 0.0000% | 4h | 36.410 | +0.220% | $15 | $1.2M | 10x | |
| HTX MINIMAX-USDT | 0.0000% | 4h | 36.352 | +0.061% | $52K | $239K | 20x | as long as short |
| Lighter MINIMAX | +0.0032% | 1h | 36.344 | +0.039% | $41K | $23K | 10x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 36.356 | +0.072% | $91K | $3K | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 36.365 | +0.096% | — | — | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0406% | 1h | 36.240 | −0.248% | $22K | $56K | 5x | as long as short |
| Aster MINIMAXUSDT | +0.0456% | 8h | 36.370 | +0.110% | $32K | $6K | 20x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0472% | 1h | 36.292 | −0.105% | $4.8M | $3.3M | 10x | as long as short |
Bybit MINIMAXUSDT
Gate MINIMAX_USDT
HTX MINIMAX-USDT
Lighter MINIMAX
SoDEX MINIMAX-USD
Aevo MINIMAX-PERP
Ondo Perps MINIMAX-USD.P
Aster MINIMAXUSDT
tradeXYZ xyz:MINIMAXShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MINIMAX_USDT_Perp | +0.0646% | 4h | 36.380 | +0.138% | $671 | $118K | 10x | as long as short |
| Bitget MINIMAXUSDT | +0.0652% | 8h | 36.351 | +0.058% | $1.2M | $2.7M | 20x | as long as short |
| KuCoin MINIMAXUSDTMlong | +0.0704% | 4h | 36.330 | long leg | $95K | $93K | 20x | |
| Binance MINIMAXUSDT | +0.0783% | 4h | 36.330 | +0.001% | $6.3M | $29.7M | 25x | as long as short |
| Extended MINIMAX-USD | +0.0784% | 1h | 36.350 | +0.056% | $3K | — | 10x | as long as short |
| edgeX MINIMAXUSDC | +0.1027% | 4h | 36.396 | +0.181% | $27K | $182K | 10x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1323% | 8h | 36.330 | 0.000% | $2.8M | $7.8M | 20x | as long as short |
GRVT MINIMAX_USDT_Perp
Bitget MINIMAXUSDT
Binance MINIMAXUSDT
Extended MINIMAX-USD
edgeX MINIMAXUSDC
OKX MINIMAX-USDT-SWAP