Funding you earn now, next payment 02:00 UTC+0.1718%/8h= +188.1% APRpaid last 24h +0.162%
Price spread now: tradeXYZ against SunX−0.123%52s7-day average −0.092% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.392%+$39 on $10k
+Price spread, last 3 days (all we have)−0.091%−$9 · spread now −0.123%, 7d avg −0.092%
=Together, before fees+0.301%+ Points / potential airdroptradeXYZ: Active · farm board+$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.031% cheaper against SunX than usual: you would sell low and buy high (spread −0.123% now, against its 7-day average of −0.092%). If the spread goes back, that is −$3 on $10k: about 1 hour of funding at the current rate (+$52 a day). At the pace of the last 7 days (+0.392% in total) that is about 13 hours. The two prices were read 52 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 0.392% in total (about 20.4% a year). A funding rate is set anew for every payment. 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 | 39.860 | 0 | get 0.0000% / 4h | 2h 57m | $16 | $3.8M | 10x |
| Short | tradeXYZ xyz:MINIMAX | 39.811 | 0.1718 | get 0.0215% / 1h | 57m 35s | $4.7M | $3.0M | 10x |
SunX MINIMAX-USDT
tradeXYZ xyz:MINIMAXFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $360.78
- Price spread: −0.123% → −0.092%
- −$3.1
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $331.68
- Costs to cover
- 0.260%
- Break-even
- 0.6 days
Slippage unknown: SunX: live order book, 10 min ago; tradeXYZ: live order book, 11 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 SunX live order book, 10 min ago | 31.35 bp | 93.2 bp −$93 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 2.13 bp | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MINIMAXUSDC | −0.0731% | 4h | 39.788 | −0.180% | $30K | $186K | 10x | as long as short |
| Gate MINIMAX_USDT | 0.0000% | 8h | 39.920 | +0.151% | $1.2M | $4.3M | 50x | as long as short |
| SunX MINIMAX-USDTlong | 0.0000% | 4h | 39.860 | long leg | $16 | $3.8M | 10x | |
| HTX MINIMAX-USDT | 0.0000% | 4h | 39.836 | −0.060% | $37K | $70K | 20x | as long as short |
| Bybit MINIMAXUSDT | +0.0019% | 8h | 39.860 | 0.000% | $949K | $1.4M | 25x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 39.803 | −0.143% | $100K | $4K | 10x | as long as short |
| Aster MINIMAXUSDT | +0.0089% | 8h | 39.698 | −0.407% | $35K | $152K | 20x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0100% | 4h | 39.860 | 0.000% | $100K | $44K | 20x | as long as short |
| Extended MINIMAX-USD | +0.0112% | 1h | 39.856 | −0.011% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDT | +0.0136% | 4h | 39.878 | +0.044% | $6.7M | $35.7M | 25x | as long as short |
edgeX MINIMAXUSDC
Gate MINIMAX_USDT
HTX MINIMAX-USDT
Bybit MINIMAXUSDT
SoDEX MINIMAX-USD
Aster MINIMAXUSDT
KuCoin MINIMAXUSDTM
Extended MINIMAX-USD
Binance MINIMAXUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MINIMAX_USDT_Perp | +0.0164% | 4h | 39.790 | −0.176% | $502 | $130K | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0440% | 1h | 39.788 | −0.181% | — | — | 10x | as long as short |
| Lighter MINIMAX | +0.0600% | 1h | 39.825 | −0.088% | $46K | $23K | 10x | as long as short |
| Bitget MINIMAXUSDT | +0.0913% | 8h | 39.906 | +0.115% | $1.3M | $2.8M | 20x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1041% | 8h | 39.970 | +0.276% | $1.7M | $9.7M | 20x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.1598% | 1h | 39.640 | −0.552% | $31K | $50K | 5x | as long as short |
| tradeXYZ xyz:MINIMAXshort | +0.1718% | 1h | 39.811 | −0.123% | $4.7M | $3.0M | 10x |
GRVT MINIMAX_USDT_Perp
Aevo MINIMAX-PERP
Lighter MINIMAX
Bitget MINIMAXUSDT
OKX MINIMAX-USDT-SWAP
Ondo Perps MINIMAX-USD.P