Funding you earn now, next payment 00:00 UTC+0.1423%/8h= +155.9% APRpaid last 24h +0.032%
Price spread now: Binance against Gate+0.026%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1181.181% of the position
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 2 days (all we have)−0.051%−$5 · spread now +0.026%, 7d avg +0.011%
=The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$43 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.124%, 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 -0.124% in total (about -6.4% 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 | 38.980 | 0.0318 | pay 0.0318% / 8h | 3h 30m | $1.2M | $6.2M | 50x |
| Short | Binance MINIMAXUSDT | 38.990 | 0.1741 | get 0.0871% / 4h | 3h 30m | $6.2M | $34.6M | 25x |
Gate MINIMAX_USDT
Binance MINIMAXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $298.91
- Price spread: +0.026% → +0.011%
- $1.5
- Slippage, 4 orders
- −$93.13
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $182.27
- Costs to cover
- 1.181%
- Break-even
- 2.7 days
Slippage from Gate: live order book, 3 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 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 Binance live order book, 2 min ago | 2.57 bp | 11.8 bp −$12 | 12.6 bp −$126 | 130.4 bp −$13.0K | 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 MINIMAXUSDT | 0.0000% | 8h | 38.770 | −0.540% | $34K | $152K | 20x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 39.030 | +0.128% | $16 | $3.9M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 39.007 | +0.069% | $35K | $70K | 20x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 38.980 | 0.000% | $98K | $4K | 10x | as long as short |
| Gate MINIMAX_USDTlong | +0.0318% | 8h | 38.980 | long leg | $1.2M | $6.2M | 50x | |
| Aevo MINIMAX-PERP | +0.0320% | 1h | 38.989 | +0.023% | — | — | 10x | as long as short |
| Bybit MINIMAXUSDT | +0.0724% | 8h | 39.000 | +0.051% | $940K | $1.4M | 25x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.0956% | 8h | 39.050 | +0.180% | $1.6M | $9.3M | 20x | as long as short |
| KuCoin MINIMAXUSDTM | +0.1022% | 4h | 38.880 | −0.257% | $99K | $43K | 20x | as long as short |
| Bitget MINIMAXUSDT | +0.1111% | 8h | 38.980 | 0.000% | $1.2M | $2.7M | 20x | as long as short |
Aster MINIMAXUSDT
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 | 38.987 | +0.018% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDTshort | +0.1741% | 4h | 38.990 | +0.026% | $6.2M | $34.6M | 25x | |
| Lighter MINIMAX | +0.1856% | 1h | 39.002 | +0.056% | $51K | $24K | 10x | as long as short |
| edgeX MINIMAXUSDC | +0.2073% | 4h | 38.958 | −0.056% | $29K | $187K | 10x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.3130% | 1h | 38.965 | −0.038% | $4.5M | $2.9M | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.4347% | 1h | 38.970 | −0.026% | $26K | $37K | 5x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.4938% | 4h | 38.950 | −0.077% | $209 | $136K | 10x | as long as short |
Extended MINIMAX-USD
Lighter MINIMAX
edgeX MINIMAXUSDC
tradeXYZ xyz:MINIMAX
Ondo Perps MINIMAX-USD.P
GRVT MINIMAX_USDT_Perp