Funding you earn now, next payment 08:00 UTC+0.0879%/8h= +96.3% APRpaid last 24h +0.196%
Price spread now: edgeX against Gate−0.076%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs−$131as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1431.428% of the position
Funding, last 7 days+0.120%+$12 on $10k
+Price spread, last 4 days (all we have)+0.079%+$8 · spread now −0.076%, 7d avg −0.044%
=Together, before fees+0.199%+ Points / potential airdropedgeX: Active · farm board+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. edgeX is 0.033% cheaper against Gate than usual: you would sell low and buy high (spread −0.076% now, against its 7-day average of −0.044%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$26 a day). At the pace of the last 7 days (+0.120% in total) that is about 46 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.120% in total (about 6.3% 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 | Gate MINIMAX_USDT | 36.720 | 0.0253 | pay 0.0253% / 8h | 1h 39m | $1.2M | $3.3M | 50x |
| Short | edgeX MINIMAXUSDC | 36.692 | 0.1132 | get 0.0566% / 4h | 1h 39m | $28K | $183K | 10x |
Gate MINIMAX_USDT
edgeX MINIMAXUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $184.62
- Price spread: −0.076% → −0.044%
- −$3.27
- Slippage, 4 orders
- −$118.78
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $38.58
- Costs to cover
- 1.428%
- Break-even
- 5.5 days
Slippage from Gate: live order book, 4 min ago; edgeX: live order book, 2 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, 4 min ago | 8.16 bp | 42.6 bp −$43 | 228.5 bp −$2,285 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 2 min ago | 12.26 bp | 33.1 bp −$33 | 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 | 36.740 | +0.054% | $15 | $2.0M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 36.679 | −0.112% | $47K | $234K | 20x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 36.685 | −0.095% | $92K | $3K | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 36.693 | −0.073% | — | — | 10x | as long as short |
| Gate MINIMAX_USDTlong | +0.0253% | 8h | 36.720 | long leg | $1.2M | $3.3M | 50x | |
| Ondo Perps MINIMAX-USD.P | +0.0388% | 1h | 36.810 | +0.245% | $23K | $51K | 5x | as long as short |
| Lighter MINIMAX | +0.0504% | 1h | 36.699 | −0.057% | $41K | $25K | 10x | as long as short |
| Bybit MINIMAXUSDT | +0.0548% | 8h | 36.660 | −0.163% | $911K | $1.1M | 25x | as long as short |
| Aster MINIMAXUSDT | +0.0634% | 8h | 36.784 | +0.174% | $33K | $46K | 20x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0686% | 1h | 36.649 | −0.193% | $4.5M | $3.3M | 10x | as long as short |
SunX MINIMAX-USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
Aevo MINIMAX-PERP
Ondo Perps MINIMAX-USD.P
Lighter MINIMAX
Bybit MINIMAXUSDT
Aster MINIMAXUSDT
tradeXYZ xyz:MINIMAXShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MINIMAXUSDT | +0.0783% | 8h | 36.689 | −0.084% | $1.2M | $2.8M | 20x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0784% | 4h | 36.710 | −0.027% | $96K | $37K | 20x | as long as short |
| Binance MINIMAXUSDT | +0.1004% | 4h | 36.697 | −0.062% | $6.3M | $32.5M | 25x | as long as short |
| Extended MINIMAX-USD | +0.1008% | 1h | 36.688 | −0.087% | $3K | — | 10x | as long as short |
| edgeX MINIMAXUSDCshort | +0.1132% | 4h | 36.692 | −0.076% | $28K | $183K | 10x | |
| GRVT MINIMAX_USDT_Perp | +0.1306% | 4h | 36.701 | −0.052% | $373 | $127K | 10x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1446% | 8h | 36.730 | +0.027% | $2.8M | $8.5M | 20x | as long as short |
Bitget MINIMAXUSDT
KuCoin MINIMAXUSDTM
Binance MINIMAXUSDT
Extended MINIMAX-USD
GRVT MINIMAX_USDT_Perp
OKX MINIMAX-USDT-SWAP