Funding you earn now, next payment 02:00 UTC+0.2280%/8h= +249.7% APRpaid last 24h +0.074%
Price spread now: Lighter against Gate−0.183%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.107%−$11 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 0.183% cheaper against Gate than usual: you would sell low and buy high (spread −0.183% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 6 hours of funding at the current rate (+$68 a day). Mind the row above: over the last 7 days funding on this pair cost −0.107%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.107% in total (about -5.6% 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 | 40.410 | 0 | get 0.0000% / 8h | 6h 35m | $1.2M | $4.4M | 50x |
| Short | Lighter MINIMAX | 40.336 | 0.2280 | get 0.0285% / 1h | 35m 41s | $46K | $25K | 10x |
Gate MINIMAX_USDT
Lighter MINIMAXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $478.8
- Price spread: −0.183% → 0.000%
- −$18.31
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $445.49
- Costs to cover
- 0.150%
- Break-even
- 0.5 days
Slippage unknown: Gate: live order book, 2 min ago; Lighter: no order-book sample. Net counts fees only.
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, 2 min ago | 8.69 bp | 53.2 bp −$53 | 199.8 bp −$1,998 | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
Lighter: 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 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_USDTlong | 0.0000% | 8h | 40.410 | long leg | $1.2M | $4.4M | 50x | |
| HTX MINIMAX-USDT | 0.0000% | 4h | 40.446 | +0.089% | $75K | $142K | 20x | as long as short |
| SoDEX MINIMAX-USD | +0.0145% | 1h | 40.325 | −0.210% | $101K | $4K | 10x | as long as short |
| SunX MINIMAX-USDT | +0.0171% | 4h | 40.460 | +0.124% | $16 | $3.7M | 10x | as long as short |
| Aster MINIMAXUSDT | +0.0267% | 8h | 39.945 | −1.152% | $35K | $152K | 20x | as long as short |
| Aevo MINIMAX-PERP | +0.0528% | 1h | 40.323 | −0.214% | — | — | 10x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0556% | 4h | 40.110 | −0.742% | $100K | $42K | 20x | as long as short |
| Extended MINIMAX-USD | +0.1056% | 1h | 40.406 | −0.010% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDT | +0.1178% | 4h | 40.429 | +0.047% | $6.9M | $35.2M | 25x | as long as short |
| edgeX MINIMAXUSDC | +0.1241% | 4h | 40.233 | −0.437% | $30K | $187K | 10x | as long as short |
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
SunX MINIMAX-USDT
Aster MINIMAXUSDT
Aevo MINIMAX-PERP
KuCoin MINIMAXUSDTM
Extended MINIMAX-USD
Binance MINIMAXUSDT
edgeX MINIMAXUSDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MINIMAXUSDT | +0.1292% | 8h | 40.414 | +0.010% | $1.4M | $2.7M | 20x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1305% | 8h | 40.470 | +0.148% | $1.8M | $9.8M | 20x | as long as short |
| Bybit MINIMAXUSDT | +0.2142% | 8h | 40.390 | −0.049% | $971K | $1.4M | 25x | as long as short |
| Lighter MINIMAXshort | +0.2280% | 1h | 40.336 | −0.183% | $46K | $25K | 10x | |
| GRVT MINIMAX_USDT_Perp | +0.2662% | 4h | 40.223 | −0.463% | $553 | $128K | 10x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.3609% | 1h | 40.329 | −0.200% | $4.6M | $3.2M | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.3888% | 1h | 40.460 | +0.124% | $30K | $45K | 5x | as long as short |
Bitget MINIMAXUSDT
OKX MINIMAX-USDT-SWAP
Bybit MINIMAXUSDT
GRVT MINIMAX_USDT_Perp
tradeXYZ xyz:MINIMAX
Ondo Perps MINIMAX-USD.P