MINIMAX Funding Rate — live across 8 venues

Compared across 8 supported venues · net of estimated fees · updated every few minutes

Live annualized MINIMAX perpetual funding across all 8 venues Perpia tracks. Right now MINIMAX funding is positive on 4 and negative on 0, ranging from +48.1% on Gate.io to +0.0% on Aster — a spread of 48.1%. The widest delta-neutral trade is long Bitget / short Gate.io at 44.3% net APR.

8
venues
4
paying positive
48.1%
funding spread
Best MINIMAX spread now
44.3%
net APR after fees
Long BitgetShort Gate.io
size depends on live venue depth — see the real cap in the scanner

MINIMAX funding trend & liquidity

168h of history
48.1%
current gross APR
8.8%
24h average
-0.9%
7-day average
$1.6M
pair OI · lower leg
$145K
24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

MINIMAX funding rate history

30d · 6h buckets · 10 venues
189%0-147.4%
6 Aug5 Sep
MINIMAX — average across 10 venuesAsterBitgetKuCoinOKX

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: +8.2%. A break in a line means no data was recorded for that stretch, not a zero rate.

MINIMAX funding rate by venue

10 pairs scanned
VenueFunding APRInterval
Gate.io+48.1%8h
KuCoin+10.9%8h
Hyperliquid+5.5%1h
trade.xyz+5.5%1h
Bitget+0.0%8h
OKX+0.0%8h
Bybit+0.0%8h
Aster+0.0%8h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Bitget vs Gate.io page.

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MINIMAX funding — FAQ

Is MINIMAX funding positive right now?

MINIMAX perpetual funding is positive on 4 of 8 venues Perpia tracks. The highest is +48.1% on Gate.io; the lowest is +0.0% on Aster.

What is the best MINIMAX funding arbitrage right now?

Go long Bitget and short Gate.io for about 44.3% net APR after fees — the widest delta-neutral MINIMAX spread Perpia currently sees.

Which exchange has the highest MINIMAX funding rate?

Gate.io, at +48.1% annualized. Funding shifts continuously, so check the live table above before trading.

How MINIMAX funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to MINIMAX

Markets also quoted on both Bitget and Gate.io — the same two exchanges you would already have funded for the MINIMAX trade.

See every spread between them on the Bitget vs Gate.io page.