Funding you earn now, next payment 08:00 UTC+0.1709%/8h= +187.1% APRnext payment +$8.54 per $10,000 · paid last 24h +0.174%
Price spread now: edgeX against SunX−0.268%7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$298as in the Funding arb table
Net, price: spread back to 7d avg − costs−$350as in the Price arb table
costs, in and out, $10k−$3343.336% of the position
Funding, last 7 days+0.357%+$36 on $10k
+Price spread, last 4 days (all we have)−0.028%−$3 · spread now −0.268%, 7d avg −0.106%
=Together, before fees+0.329%+ Points / potential airdropedgeX: Active · farm board+$33 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.162% cheaper against SunX than usual: you would sell low and buy high (spread −0.268% now, against its 7-day average of −0.106%). If the spread goes back, that is −$16 on $10k: about 8 hours of funding at the current rate (+$51 a day). At the pace of the last 7 days (+0.357% in total) that is about 3.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.357% in total (about 18.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.54 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 | SunX MINIMAX-USDT | 37.870 | 0 | get 0.0000% / 4h | 3h 49m | $15 | $2.3M | 10x |
| Short | edgeX MINIMAXUSDC | 37.768 | 0.1709 | get 0.0854% / 4h | 3h 49m | $28K | $183K | 10x |
SunX MINIMAX-USDT
edgeX MINIMAXUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against SunX. 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
- $358.88
- Price spread: −0.268% → −0.106%
- −$16.21
- Slippage, 4 orders
- −$316.63
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $9.04
- Costs to cover
- 3.336%
- Break-even
- 6.8 days
Slippage from SunX: live order book, 7 min ago; edgeX: live order book, 2 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 SunX live order book, 7 min ago | 33.01 bp | 54.3 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 2 min ago | 13.24 bp | 97.1 bp −$97 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MINIMAX_USDT | 0.0000% | 8h | 37.860 | −0.026% | $1.4M | $3.8M | 50x | as long as short |
| GRVT MINIMAX_USDT_Perp | 0.0000% | 4h | 37.790 | −0.212% | $456 | $126K | 10x | as long as short |
| SunX MINIMAX-USDTlong | 0.0000% | 4h | 37.870 | long leg | $15 | $2.3M | 10x | |
| HTX MINIMAX-USDT | 0.0000% | 4h | 37.802 | −0.180% | $42K | $219K | 20x | as long as short |
| Lighter MINIMAX | +0.0032% | 1h | 37.787 | −0.219% | $42K | $25K | 10x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 37.789 | −0.214% | $95K | $3K | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0050% | 1h | 37.780 | −0.238% | $26K | $42K | 5x | as long as short |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 37.783 | −0.230% | — | — | 10x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0163% | 1h | 37.776 | −0.248% | $4.4M | $2.9M | 10x | as long as short |
| Bybit MINIMAXUSDT | +0.0167% | 8h | 37.830 | −0.106% | $925K | $1.1M | 25x | as long as short |
Gate MINIMAX_USDT
GRVT MINIMAX_USDT_Perp
HTX MINIMAX-USDT
Lighter MINIMAX
SoDEX MINIMAX-USD
Ondo Perps MINIMAX-USD.P
Aevo MINIMAX-PERP
tradeXYZ xyz:MINIMAX
Bybit MINIMAXUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MINIMAXUSDT | +0.0283% | 8h | 37.790 | −0.210% | $33K | $150K | 20x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0414% | 4h | 37.810 | −0.158% | $100K | $39K | 20x | as long as short |
| Extended MINIMAX-USD | +0.0680% | 1h | 37.803 | −0.178% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDT | +0.0683% | 4h | 37.824 | −0.122% | $6.3M | $30.8M | 25x | as long as short |
| Bitget MINIMAXUSDT | +0.0705% | 8h | 37.824 | −0.121% | $1.3M | $2.7M | 20x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1297% | 8h | 37.840 | −0.079% | $2.6M | $8.2M | 20x | as long as short |
| edgeX MINIMAXUSDCshort | +0.1709% | 4h | 37.768 | −0.268% | $28K | $183K | 10x |
Aster MINIMAXUSDT
KuCoin MINIMAXUSDTM
Extended MINIMAX-USD
Binance MINIMAXUSDT
Bitget MINIMAXUSDT
OKX MINIMAX-USDT-SWAP