Funding you earn now, next payment 10:00 UTC+0.0710%/8h= +77.7% APRpaid last 24h −0.028%
Price spread now: GRVT against tradeXYZ+0.128%7-day average +0.003% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.242%−$24 on $10k
+Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.128%, 7d avg +0.003%
=Together, before fees−0.309%+ Points / potential airdroptradeXYZ: Active · GRVT: Active · farm board−$31 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and GRVT is 0.124% dearer against tradeXYZ than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.003%. Mind the row above: over the last 7 days funding on this pair cost −0.242%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.242% in total (about -12.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:MINIMAX | 36.813 | 0.1676 | pay 0.0210% / 1h | 9m 10s | $4.9M | $3.3M | 10x |
| Short | GRVT MINIMAX_USDT_Perp | 36.860 | 0.2386 | get 0.1193% / 4h | 2h 09m | $222 | $113K | 10x |
tradeXYZ xyz:MINIMAX
GRVT MINIMAX_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $149.02
- Price spread: +0.128% → +0.003%
- $12.44
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $134.46
- Costs to cover
- 0.270%
- Break-even
- 0.7 days
Slippage unknown: tradeXYZ: live order book, 2 min ago; GRVT: live order book, 40 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 tradeXYZ live order book, 2 min ago | 1.76 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 40 min ago | 4.09 bp | 27.2 bp −$27 | 66.1 bp −$661 | doesn't fit | doesn't fit |
MINIMAX on 17 exchanges
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 | 36.860 | +0.128% | $15 | $1.1M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 36.852 | +0.106% | $45K | $256K | 20x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 36.819 | +0.016% | $92K | $3K | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0264% | 1h | 36.857 | +0.118% | — | — | 10x | as long as short |
| Aster MINIMAXUSDT | +0.0431% | 8h | 36.746 | −0.182% | $33K | $5K | 20x | as long as short |
| Gate MINIMAX_USDT | +0.0641% | 8h | 36.890 | +0.209% | $1.3M | $2.9M | 50x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0776% | 4h | 36.900 | +0.236% | $111K | $190K | 20x | as long as short |
| Lighter MINIMAX | +0.0888% | 1h | 36.843 | +0.081% | $41K | $23K | 10x | as long as short |
| Bitget MINIMAXUSDT | +0.1074% | 8h | 36.830 | +0.046% | $1.2M | $2.7M | 20x | as long as short |
| edgeX MINIMAXUSDC | +0.1306% | 4h | 36.847 | +0.091% | $28K | $182K | 10x | as long as short |
SunX MINIMAX-USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
Aevo MINIMAX-PERP
Aster MINIMAXUSDT
Gate MINIMAX_USDT
KuCoin MINIMAXUSDTM
Lighter MINIMAX
Bitget MINIMAXUSDT
edgeX MINIMAXUSDCShow all 17 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINIMAXUSDT | +0.1450% | 8h | 36.860 | +0.128% | $949K | $899K | 25x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1540% | 8h | 36.900 | +0.236% | $2.9M | $8.0M | 20x | as long as short |
| tradeXYZ xyz:MINIMAXlong | +0.1676% | 1h | 36.813 | long leg | $4.9M | $3.3M | 10x | |
| Extended MINIMAX-USD | +0.1800% | 1h | 36.825 | +0.032% | $3K | $920 | 10x | as long as short |
| Binance MINIMAXUSDT | +0.1800% | 4h | 36.837 | +0.065% | $6.3M | $29.7M | 25x | as long as short |
| GRVT MINIMAX_USDT_Perpshort | +0.2386% | 4h | 36.860 | +0.128% | $222 | $113K | 10x | |
| Ondo Perps MINIMAX-USD.P | +0.2846% | 1h | 36.820 | +0.019% | $22K | $57K | 5x | as long as short |
Bybit MINIMAXUSDT
OKX MINIMAX-USDT-SWAP
Extended MINIMAX-USD
Binance MINIMAXUSDT
Ondo Perps MINIMAX-USD.P