Funding you earn now, next payment 00:00 UTC−0.0311%/8h= −34.1% APRnext payment −$3.11 per $10,000 · paid last 24h −0.053%
Price spread now: Aster against Gate−0.522%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$457as in the Funding arb table
Net, price: spread back to 7d avg − costs−$470as in the Price arb table
costs, in and out, $10k−$4214.208% of the position
Funding, last 7 days−0.362%−$36 on $10k
+Price spread, last 4 days (all we have)+0.766%+$77 · spread now −0.522%, 7d avg −0.034%
=Together, before fees+0.404%+ Points / potential airdropAster: Stage 5 · farm board+$40 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Aster is 0.487% cheaper against Gate than usual: you would sell low and buy high (−$49 if the spread goes back to its 7-day average of −0.034%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MINIMAX_USDT | 38.970 | 0.0311 | pay 0.0311% / 8h | 3h 31m | $1.2M | $6.2M | 50x |
| Short | Aster MINIMAXUSDT | 38.767 | 0 | get 0.0000% / 8h | 3h 31m | $34K | $152K | 20x |
Gate MINIMAX_USDT
Aster MINIMAXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Gate. 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
- −$65.31
- Price spread: −0.522% → −0.034%
- −$48.73
- Slippage, 4 orders
- −$397.8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$534.84
- Costs to cover
- 4.208%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Aster: live order book, 15 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 Gate live order book, 3 min ago | 5.14 bp | 62.5 bp −$62 | 235.2 bp −$2,352 | doesn't fit | doesn't fit |
| Sell Aster live order book, 15 min ago | 48.72 bp | 67.4 bp −$67 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MINIMAXUSDTshort | 0.0000% | 8h | 38.767 | −0.522% | $34K | $152K | 20x | |
| SunX MINIMAX-USDT | 0.0000% | 4h | 39.030 | +0.154% | $16 | $3.9M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 39.007 | +0.095% | $35K | $70K | 20x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 38.980 | +0.026% | $98K | $4K | 10x | as long as short |
| Gate MINIMAX_USDTlong | +0.0311% | 8h | 38.970 | long leg | $1.2M | $6.2M | 50x | |
| Aevo MINIMAX-PERP | +0.0320% | 1h | 38.989 | +0.048% | — | — | 10x | as long as short |
| Bybit MINIMAXUSDT | +0.0713% | 8h | 38.990 | +0.051% | $940K | $1.4M | 25x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.0948% | 8h | 39.040 | +0.180% | $1.6M | $9.3M | 20x | as long as short |
| KuCoin MINIMAXUSDTM | +0.1022% | 4h | 38.880 | −0.231% | $99K | $43K | 20x | as long as short |
| Bitget MINIMAXUSDT | +0.1099% | 8h | 38.977 | +0.018% | $1.2M | $2.7M | 20x | as long as short |
SunX MINIMAX-USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
Aevo MINIMAX-PERP
Bybit MINIMAXUSDT
OKX MINIMAX-USDT-SWAP
KuCoin MINIMAXUSDTM
Bitget MINIMAXUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended MINIMAX-USD | +0.1712% | 1h | 38.977 | +0.018% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDT | +0.1712% | 4h | 38.980 | +0.026% | $6.2M | $34.6M | 25x | as long as short |
| Lighter MINIMAX | +0.1872% | 1h | 38.997 | +0.069% | $51K | $24K | 10x | as long as short |
| edgeX MINIMAXUSDC | +0.2073% | 4h | 38.958 | −0.030% | $29K | $187K | 10x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.3130% | 1h | 38.962 | −0.021% | $4.5M | $2.9M | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.4331% | 1h | 38.970 | 0.000% | $26K | $37K | 5x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.4938% | 4h | 38.950 | −0.052% | $209 | $136K | 10x | as long as short |
Extended MINIMAX-USD
Binance MINIMAXUSDT
Lighter MINIMAX
edgeX MINIMAXUSDC
tradeXYZ xyz:MINIMAX
Ondo Perps MINIMAX-USD.P
GRVT MINIMAX_USDT_Perp