Funding you earn now, next payment 08:00 UTC+0.0640%/8h= +70.1% APRpaid last 24h −0.081%
Price spread now: Bitget against tradeXYZ+0.024%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$960.965% of the position
Funding, last 7 days−0.408%−$41 on $10k
+Price spread, last 7 days+0.102%+$10 · spread now +0.024%, 7d avg +0.052%
=Together, before fees−0.305%+ Points / potential airdroptradeXYZ: Active · farm board−$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.027% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.024% now, against its 7-day average of +0.052%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$19 a day). Mind the row above: over the last 7 days funding on this pair cost −0.408%, 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 -0.408% in total (about -21.3% 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 | tradeXYZ xyz:MINIMAX | 36.809 | 0.0086 | pay 0.0011% / 1h | 57m 09s | $4.7M | $3.3M | 10x |
| Short | Bitget MINIMAXUSDT | 36.818 | 0.0726 | get 0.0726% / 8h | 57m 09s | $1.2M | $2.8M | 20x |
tradeXYZ xyz:MINIMAX
Bitget MINIMAXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against tradeXYZ. 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
- $134.5
- Price spread: +0.024% → +0.052%
- −$2.73
- Slippage, 4 orders
- −$66.47
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $35.3
- Costs to cover
- 0.965%
- Break-even
- 5.2 days
Slippage from tradeXYZ: live order book, 11 min ago; Bitget: live order book, 5 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 tradeXYZ live order book, 11 min ago | 1.64 bp | 14.6 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.85 bp | 40.9 bp −$41 | 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 | 36.890 | +0.220% | $15 | $1.8M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 36.868 | +0.160% | $49K | $234K | 20x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 36.844 | +0.095% | $92K | $3K | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0050% | 1h | 36.990 | +0.492% | $23K | $51K | 5x | as long as short |
| Lighter MINIMAX | +0.0064% | 1h | 36.861 | +0.141% | $41K | $23K | 10x | as long as short |
| tradeXYZ xyz:MINIMAXlong | +0.0086% | 1h | 36.809 | long leg | $4.7M | $3.3M | 10x | |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 36.858 | +0.134% | — | — | 10x | as long as short |
| Gate MINIMAX_USDT | +0.0330% | 8h | 36.880 | +0.193% | $1.3M | $2.8M | 50x | as long as short |
| Bybit MINIMAXUSDT | +0.0420% | 8h | 36.860 | +0.139% | $921K | $1.1M | 25x | as long as short |
| Aster MINIMAXUSDT | +0.0597% | 8h | 36.934 | +0.340% | $33K | $46K | 20x | as long as short |
SunX MINIMAX-USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
Ondo Perps MINIMAX-USD.P
Lighter MINIMAX
Aevo MINIMAX-PERP
Gate MINIMAX_USDT
Bybit MINIMAXUSDT
Aster MINIMAXUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MINIMAXUSDTshort | +0.0726% | 8h | 36.818 | +0.024% | $1.2M | $2.8M | 20x | |
| KuCoin MINIMAXUSDTM | +0.0738% | 4h | 36.880 | +0.193% | $97K | $36K | 20x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.0878% | 4h | 36.930 | +0.329% | $735 | $125K | 10x | as long as short |
| Extended MINIMAX-USD | +0.0880% | 1h | 36.830 | +0.056% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDT | +0.0880% | 4h | 36.840 | +0.083% | $6.4M | $32.3M | 25x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1414% | 8h | 36.860 | +0.139% | $2.8M | $8.7M | 20x | as long as short |
| edgeX MINIMAXUSDC | +0.1806% | 4h | 36.958 | +0.405% | $28K | $182K | 10x | as long as short |
KuCoin MINIMAXUSDTM
GRVT MINIMAX_USDT_Perp
Extended MINIMAX-USD
Binance MINIMAXUSDT
OKX MINIMAX-USDT-SWAP
edgeX MINIMAXUSDC