Funding you earn now, next payment 00:00 UTC+0.0952%/8h= +104.2% APRnext payment +$4.76 per $10,000 · paid last 24h +0.118%
Price spread now: edgeX against Binance+0.025%7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$204as in the Price arb table
costs, in and out, $10k−$2112.106% of the position
Funding, last 7 days+0.343%+$34 on $10k
+Price spread, last 2 days (all we have)−0.224%−$22 · spread now +0.025%, 7d avg −0.044%
=Together, before fees+0.119%+ Points / potential airdropedgeX: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and edgeX is 0.069% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.044%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.343% in total (about 17.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.76 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 | Binance MINIMAXUSDT | 39.640 | 0.1599 | pay 0.0799% / 4h | 13m 05s | $6.5M | $35.6M | 25x |
| Short | edgeX MINIMAXUSDC | 39.650 | 0.2550 | get 0.1275% / 4h | 13m 05s | $30K | $188K | 10x |
Binance MINIMAXUSDT
edgeX MINIMAXUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- $199.82
- Price spread: +0.025% → −0.044%
- $6.88
- Slippage, 4 orders
- −$191.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$3.85
- Costs to cover
- 2.106%
- Break-even
- 7.1 days
Slippage from Binance: live order book, 14 min ago; edgeX: live order book, 64 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 Binance live order book, 14 min ago | 1.25 bp | 6.3 bp −$6 | 21.9 bp −$219 | 160.0 bp −$16.0K | doesn't fit |
| Sell edgeX live order book, 64 min ago | 12.61 bp | 100.2 bp −$100 | 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 | 39.640 | 0.000% | $1.2M | $6.2M | 50x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 39.610 | −0.076% | $16 | $3.9M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 39.620 | −0.050% | $37K | $71K | 20x | as long as short |
| Lighter MINIMAX | +0.0032% | 1h | 39.681 | +0.103% | $46K | $27K | 10x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 39.630 | −0.025% | $99K | $4K | 10x | as long as short |
| Aster MINIMAXUSDT | +0.0280% | 8h | 39.711 | +0.179% | $34K | $152K | 20x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0709% | 1h | 39.671 | +0.078% | $4.6M | $2.9M | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0752% | 1h | 39.690 | +0.125% | — | — | 10x | as long as short |
| Bybit MINIMAXUSDT | +0.0760% | 8h | 39.620 | −0.050% | $938K | $1.4M | 25x | as long as short |
| KuCoin MINIMAXUSDTM | +0.1070% | 4h | 39.660 | +0.050% | $100K | $44K | 20x | as long as short |
Gate MINIMAX_USDT
SunX MINIMAX-USDT
HTX MINIMAX-USDT
Lighter MINIMAX
SoDEX MINIMAX-USD
Aster MINIMAXUSDT
tradeXYZ xyz:MINIMAX
Aevo MINIMAX-PERP
Bybit MINIMAXUSDT
KuCoin MINIMAXUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps MINIMAX-USD.P | +0.1259% | 1h | 39.680 | +0.101% | $30K | $48K | 5x | as long as short |
| Bitget MINIMAXUSDT | +0.1448% | 8h | 39.619 | −0.053% | $1.3M | $2.8M | 20x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1460% | 8h | 39.620 | −0.050% | $1.7M | $9.6M | 20x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.1548% | 4h | 39.720 | +0.202% | $278 | $139K | 10x | as long as short |
| Binance MINIMAXUSDTlong | +0.1599% | 4h | 39.640 | long leg | $6.5M | $35.6M | 25x | |
| Extended MINIMAX-USD | +0.1600% | 1h | 39.633 | −0.019% | $3K | — | 10x | as long as short |
| edgeX MINIMAXUSDCshort | +0.2550% | 4h | 39.650 | +0.025% | $30K | $188K | 10x |
Ondo Perps MINIMAX-USD.P
Bitget MINIMAXUSDT
OKX MINIMAX-USDT-SWAP
GRVT MINIMAX_USDT_Perp
Extended MINIMAX-USD