Funding you earn now, next payment 07:00 UTC+0.0147%/8h= +16.1% APRpaid last 24h −0.193%
Price spread now: Aster against tradeXYZ+0.308%7-day average −0.009% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.504%−$50 on $10k
+Price spread, last 4 days (all we have)−0.204%−$20 · spread now +0.308%, 7d avg −0.009%
=Together, before fees−0.708%+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm board−$71 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Aster is 0.317% dearer against tradeXYZ than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.009%. Mind the row above: over the last 7 days funding on this pair cost −0.504%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:MINIMAX | 36.492 | 0.0474 | pay 0.0059% / 1h | 25m 58s | $4.5M | $3.4M | 10x |
| Short | Aster MINIMAXUSDT | 36.604 | 0.0622 | get 0.0622% / 8h | 1h 25m | $33K | $46K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against tradeXYZ. 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
- $30.92
- Price spread: +0.308% → −0.009%
- $31.67
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- $36.59
- Costs to cover
- 0.260%
- Break-even
- from the start
Slippage unknown: tradeXYZ: live order book, 2 min ago; Aster: no order-book sample. 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 tradeXYZ live order book, 2 min ago | 2.05 bp | 15.0 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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 | 36.580 | +0.241% | $15 | $1.9M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 36.556 | +0.175% | $47K | $234K | 20x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 36.534 | +0.115% | $92K | $3K | 10x | as long as short |
| edgeX MINIMAXUSDC | +0.0064% | 4h | 36.600 | +0.295% | $28K | $182K | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 36.537 | +0.122% | — | — | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0210% | 1h | 36.540 | +0.132% | $23K | $51K | 5x | as long as short |
| Gate MINIMAX_USDT | +0.0270% | 8h | 36.620 | +0.351% | $1.3M | $3.4M | 50x | as long as short |
| Lighter MINIMAX | +0.0288% | 1h | 36.551 | +0.162% | $41K | $25K | 10x | as long as short |
| tradeXYZ xyz:MINIMAXlong | +0.0474% | 1h | 36.492 | long leg | $4.5M | $3.4M | 10x | |
| Bybit MINIMAXUSDT | +0.0497% | 8h | 36.540 | +0.132% | $912K | $1.1M | 25x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MINIMAXUSDTshort | +0.0622% | 8h | 36.604 | +0.308% | $33K | $46K | 20x | |
| Bitget MINIMAXUSDT | +0.0768% | 8h | 36.524 | +0.088% | $1.2M | $2.8M | 20x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0786% | 4h | 36.540 | +0.132% | $96K | $37K | 20x | as long as short |
| Binance MINIMAXUSDT | +0.0959% | 4h | 36.535 | +0.118% | $6.3M | $32.5M | 25x | as long as short |
| Extended MINIMAX-USD | +0.0960% | 1h | 36.511 | +0.052% | $3K | — | 10x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.1174% | 4h | 36.706 | +0.587% | $405 | $125K | 10x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1422% | 8h | 36.600 | +0.296% | $2.8M | $8.5M | 20x | as long as short |
tradeXYZ xyz:MINIMAX
Aster MINIMAXUSDT
SunX MINIMAX-USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
edgeX MINIMAXUSDC
Gate MINIMAX_USDT
Lighter MINIMAX
Bybit MINIMAXUSDT
Bitget MINIMAXUSDT
KuCoin MINIMAXUSDTM
Binance MINIMAXUSDT
Extended MINIMAX-USD
GRVT MINIMAX_USDT_Perp
OKX MINIMAX-USDT-SWAP