Funding spread now, next payment 19:00 UTC−0.0856%/8h
paid, last 24h−0.021%paid, last 3 days−0.154%to open and closeno order book
The current rate is far above what this pair has been paying: over the last 3 days it paid -0.154% in total (about -20.2% 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 | Binance MINIMAXUSDT | 38.420 | 0.0906 | pay 0.0453% / 4h | 1h 03m | $5.9M | $34.0M | 25x |
| Short | SoDEX MINIMAX-USD | 38.412 | 0.0050 | get 0.0006% / 1h | 3m 07s | $96K | $4K | 10x |
Funding history
latest
Range statsloading…
Funding on every exchange
click an exchange to add or hide itlatest
Profit calculator
- Funding earned
- −$179.74
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$197.74
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 10 min ago; SoDEX: no order-book sample. Net counts fees only.
Price risk
price view- Price gap now
- −0.021%
- Avg gap 7d
- —
A gap far from its average can cost days of funding.
Backtest
opened in the past, held until now, after costsCost 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, 10 min ago | 2.60 bp | 12.6 bp −$13 | 41.1 bp −$411 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 16 venues
lowest funding first. Swap a leg.| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Aster MINIMAXUSDT | 0.0000% | 8h | $33K | $152K | 20x | as long as short |
| Bybit MINIMAXUSDT | 0.0000% | 8h | $928K | $1.4M | 25x | as long as short |
| Gate MINIMAX_USDT | 0.0000% | 8h | $1.3M | $6.2M | 50x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | $15 | $3.8M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | $35K | $74K | 20x | as long as short |
| SoDEX MINIMAX-USDshort | +0.0050% | 1h | $96K | $4K | 10x | |
| Aevo MINIMAX-PERP | +0.0120% | 1h | — | — | 10x | as long as short |
| Lighter MINIMAX | +0.0192% | 1h | $50K | $24K | 10x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0446% | 4h | $98K | $41K | 20x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.0572% | 8h | $1.6M | $9.2M | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|
| Bitget MINIMAXUSDT | +0.0624% | 8h | $1.2M | $2.6M | 20x | as long as short |
| Extended MINIMAX-USD | +0.0904% | 1h | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDTlong | +0.0906% | 4h | $5.9M | $34.0M | 25x | |
| tradeXYZ xyz:MINIMAX | +0.1207% | 1h | $4.5M | $2.9M | 10x | as long as short |
| edgeX MINIMAXUSDC | +0.1571% | 4h | $29K | $187K | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.2101% | 1h | $25K | $36K | 5x | as long as short |
Binance MINIMAXUSDT
SoDEX MINIMAX-USD
Aster MINIMAXUSDT
Bybit MINIMAXUSDT
Gate MINIMAX_USDT
SunX MINIMAX-USDT
HTX MINIMAX-USDT
Lighter MINIMAX
KuCoin MINIMAXUSDTM
OKX MINIMAX-USDT-SWAP
Bitget MINIMAXUSDT
Extended MINIMAX-USD
tradeXYZ xyz:MINIMAX