Funding you earn now, next payment 03:00 UTC−0.0077%/8h= −8.5% APRpaid last 24h +0.183%
Price spread now: tradeXYZ against Aster−0.154%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$254as in the Funding arb table
Net, price: spread back to 7d avg − costs−$313as in the Price arb table
costs, in and out, $10k−$2962.960% of the position
Funding, last 7 days+0.422%+$42 on $10k
+Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.154%, 7d avg +0.011%
=Together, before fees+0.502%+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm board+$50 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.165% cheaper against Aster than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.011%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.422%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster MINIMAXUSDT | 39.137 | 0.0362 | pay 0.0362% / 8h | 5h 21m | $35K | $150K | 20x |
| Short | tradeXYZ xyz:MINIMAX | 39.077 | 0.0285 | get 0.0036% / 1h | 21m 50s | $4.5M | $2.9M | 10x |
Aster MINIMAXUSDT
tradeXYZ xyz:MINIMAXFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Aster. 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
- −$16.23
- Price spread: −0.154% → +0.011%
- −$16.49
- Slippage, 4 orders
- −$270.04
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$328.75
- Costs to cover
- 2.960%
- Break-even
- never at this rate
Slippage from Aster: live order book, 39 min ago; tradeXYZ: live order book, 5 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 Aster live order book, 39 min ago | 30.94 bp | 231.5 bp −$231 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 3.09 bp | 12.5 bp −$12 | 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 | −0.0005% | 4h | 38.881 | −0.655% | $29K | $183K | 10x | as long as short |
| Gate MINIMAX_USDT | 0.0000% | 8h | 39.150 | +0.033% | $1.4M | $4.0M | 50x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 39.170 | +0.084% | $16 | $2.6M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 39.145 | +0.020% | $44K | $218K | 20x | as long as short |
| Lighter MINIMAX | +0.0032% | 1h | 39.121 | −0.041% | $44K | $25K | 10x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 39.132 | −0.013% | $98K | $3K | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0050% | 1h | 38.820 | −0.810% | $29K | $39K | 5x | as long as short |
| tradeXYZ xyz:MINIMAXshort | +0.0285% | 1h | 39.077 | −0.154% | $4.5M | $2.9M | 10x | |
| Aevo MINIMAX-PERP | +0.0296% | 1h | 39.130 | −0.019% | — | — | 10x | as long as short |
| Aster MINIMAXUSDTlong | +0.0362% | 8h | 39.137 | long leg | $35K | $150K | 20x |
edgeX MINIMAXUSDC
Gate MINIMAX_USDT
SunX MINIMAX-USDT
HTX MINIMAX-USDT
Lighter MINIMAX
SoDEX MINIMAX-USD
Ondo Perps MINIMAX-USD.P
Aevo MINIMAX-PERPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MINIMAXUSDTM | +0.0418% | 4h | 39.060 | −0.197% | $99K | $36K | 20x | as long as short |
| Bybit MINIMAXUSDT | +0.0569% | 8h | 39.150 | +0.033% | $958K | $1.1M | 25x | as long as short |
| Extended MINIMAX-USD | +0.0968% | 1h | 39.085 | −0.134% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDT | +0.0969% | 4h | 39.130 | −0.018% | $6.5M | $31.0M | 25x | as long as short |
| Bitget MINIMAXUSDT | +0.1045% | 8h | 39.169 | +0.082% | $1.3M | $2.6M | 20x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.1110% | 4h | 38.767 | −0.946% | $482 | $124K | 10x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1248% | 8h | 39.180 | +0.110% | $2.4M | $8.5M | 20x | as long as short |
KuCoin MINIMAXUSDTM
Bybit MINIMAXUSDT
Extended MINIMAX-USD
Binance MINIMAXUSDT
Bitget MINIMAXUSDT
GRVT MINIMAX_USDT_Perp
OKX MINIMAX-USDT-SWAP