Funding you earn now, next payment 07:00 UTC−0.0318%/8h= −34.8% APRpaid last 24h +0.081%
Price spread now: tradeXYZ against Bitget−0.164%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$830.829% of the position
Funding, last 7 days+0.408%+$41 on $10k
+Price spread, last 7 days+0.037%+$4 · spread now −0.164%, 7d avg −0.052%
=Together, before fees+0.445%+ Points / potential airdroptradeXYZ: Active · farm board+$45 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and tradeXYZ is 0.112% cheaper against Bitget than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.052%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.408%, 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 | Bitget MINIMAXUSDT | 36.571 | 0.0761 | pay 0.0761% / 8h | 1h 24m | $1.2M | $2.8M | 20x |
| Short | tradeXYZ xyz:MINIMAX | 36.511 | 0.0443 | get 0.0055% / 1h | 24m 17s | $4.5M | $3.3M | 10x |
Bitget MINIMAXUSDT
tradeXYZ xyz:MINIMAXFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Bitget. 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
- −$66.69
- Price spread: −0.164% → −0.052%
- −$11.23
- Slippage, 4 orders
- −$52.93
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$160.85
- Costs to cover
- 0.829%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; tradeXYZ: live order book, 4 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 Bitget live order book, 3 min ago | 3.69 bp | 23.1 bp −$23 | 29.8 bp −$298 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 2.05 bp | 19.4 bp −$19 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX MINIMAX-USDT | 0.0000% | 4h | 36.580 | +0.025% | $15 | $1.9M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 36.564 | −0.019% | $47K | $234K | 20x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 36.549 | −0.060% | $92K | $3K | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 36.565 | −0.018% | — | — | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0188% | 1h | 36.540 | −0.085% | $23K | $51K | 5x | as long as short |
| Lighter MINIMAX | +0.0256% | 1h | 36.573 | +0.005% | $41K | $25K | 10x | as long as short |
| Gate MINIMAX_USDT | +0.0269% | 8h | 36.600 | +0.079% | $1.3M | $3.4M | 50x | as long as short |
| tradeXYZ xyz:MINIMAXshort | +0.0443% | 1h | 36.511 | −0.164% | $4.5M | $3.3M | 10x | |
| Bybit MINIMAXUSDT | +0.0486% | 8h | 36.570 | −0.003% | $913K | $1.1M | 25x | as long as short |
| Aster MINIMAXUSDT | +0.0614% | 8h | 36.656 | +0.233% | $33K | $46K | 20x | as long as short |
SunX MINIMAX-USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
Aevo MINIMAX-PERP
Ondo Perps MINIMAX-USD.P
Lighter MINIMAX
Gate MINIMAX_USDT
Bybit MINIMAXUSDT
Aster MINIMAXUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MINIMAXUSDTlong | +0.0761% | 8h | 36.571 | long leg | $1.2M | $2.8M | 20x | |
| KuCoin MINIMAXUSDTM | +0.0776% | 4h | 36.560 | −0.030% | $96K | $37K | 20x | as long as short |
| Extended MINIMAX-USD | +0.0936% | 1h | 36.551 | −0.056% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDT | +0.0940% | 4h | 36.605 | +0.092% | $6.3M | $32.5M | 25x | as long as short |
| edgeX MINIMAXUSDC | +0.0965% | 4h | 36.542 | −0.079% | $27K | $183K | 10x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.1098% | 4h | 36.555 | −0.045% | $398 | $125K | 10x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1413% | 8h | 36.610 | +0.107% | $2.8M | $8.5M | 20x | as long as short |
KuCoin MINIMAXUSDTM
Extended MINIMAX-USD
Binance MINIMAXUSDT
edgeX MINIMAXUSDC
GRVT MINIMAX_USDT_Perp
OKX MINIMAX-USDT-SWAP