Funding you earn now, next payment 04:00 UTC+0.0517%/8h= +56.6% APRpaid last 24h +0.121%
Price spread now: Binance against Aster−0.033%7-day average +0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$290as in the Funding arb table
Net, price: spread back to 7d avg − costs−$328as in the Price arb table
costs, in and out, $10k−$3173.172% of the position
Funding, last 7 days+0.275%+$28 on $10k
+Price spread, last 4 days (all we have)−0.263%−$26 · spread now −0.033%, 7d avg +0.075%
=Together, before fees+0.012%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.108% cheaper against Aster than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of +0.075%). If the spread goes back, that is −$11 on $10k: about 17 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.275% in total) that is about 2.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.275% in total (about 14.3% 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 | Aster MINIMAXUSDT | 38.193 | 0.0343 | pay 0.0343% / 8h | 4h 39m | $34K | $150K | 20x |
| Short | Binance MINIMAXUSDT | 38.180 | 0.0859 | get 0.0430% / 4h | 39m 20s | $6.4M | $31.3M | 25x |
Aster MINIMAXUSDT
Binance MINIMAXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. 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
- $108.47
- Price spread: −0.033% → +0.075%
- −$10.79
- Slippage, 4 orders
- −$299.25
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$219.57
- Costs to cover
- 3.172%
- Break-even
- 21.2 days
Slippage from Aster: live order book, 17 min ago; Binance: 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 Aster live order book, 17 min ago | 22.11 bp | 265.9 bp −$266 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 2.62 bp | 12.1 bp −$12 | 33.6 bp −$336 | 178.8 bp −$17.9K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MINIMAX_USDT | 0.0000% | 8h | 38.240 | +0.124% | $1.4M | $3.8M | 50x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 38.290 | +0.255% | $15 | $2.5M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 38.169 | −0.062% | $43K | $218K | 20x | as long as short |
| Lighter MINIMAX | +0.0032% | 1h | 38.206 | +0.035% | $43K | $25K | 10x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 38.208 | +0.040% | $96K | $3K | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0050% | 1h | 38.300 | +0.281% | $29K | $38K | 5x | as long as short |
| Aevo MINIMAX-PERP | +0.0192% | 1h | 38.221 | +0.075% | — | — | 10x | as long as short |
| Bybit MINIMAXUSDT | +0.0332% | 8h | 38.240 | +0.124% | $941K | $1.1M | 25x | as long as short |
| Aster MINIMAXUSDTlong | +0.0343% | 8h | 38.193 | long leg | $34K | $150K | 20x | |
| KuCoin MINIMAXUSDTM | +0.0458% | 4h | 38.190 | −0.007% | $97K | $35K | 20x | as long as short |
Gate MINIMAX_USDT
SunX MINIMAX-USDT
HTX MINIMAX-USDT
Lighter MINIMAX
SoDEX MINIMAX-USD
Ondo Perps MINIMAX-USD.P
Aevo MINIMAX-PERP
Bybit MINIMAXUSDT
KuCoin MINIMAXUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT MINIMAX_USDT_Perp | +0.0812% | 4h | 38.216 | +0.062% | $201 | $125K | 10x | as long as short |
| Extended MINIMAX-USD | +0.0856% | 1h | 38.193 | +0.001% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDTshort | +0.0859% | 4h | 38.180 | −0.033% | $6.4M | $31.3M | 25x | |
| Bitget MINIMAXUSDT | +0.0891% | 8h | 38.217 | +0.064% | $1.3M | $2.6M | 20x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0894% | 1h | 38.199 | +0.017% | $4.5M | $2.9M | 10x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1341% | 8h | 38.280 | +0.229% | $2.6M | $8.6M | 20x | as long as short |
| edgeX MINIMAXUSDC | +0.1657% | 4h | 38.019 | −0.454% | $29K | $182K | 10x | as long as short |
GRVT MINIMAX_USDT_Perp
Extended MINIMAX-USD
Bitget MINIMAXUSDT
tradeXYZ xyz:MINIMAX
OKX MINIMAX-USDT-SWAP
edgeX MINIMAXUSDC