Funding arb · Price arb /

MINIMAX

RWAall MINIMAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0312%/8h= +34.2% APRnext payment +$0.39 per $10,000 · paid last 24h —

Price spread now: Extended against Aevo−0.016%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$9 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo MINIMAX-PERP	39.628	0.0664	pay 0.0083% / 1h	53m 52s	—	—	10x
Short	Extended MINIMAX-USD	39.622	0.0976	get 0.0122% / 1h	53m 52s	$3K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Aevo. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AevobpFee ExtendedbpOrdersPrice spread, now −0.016%Rate

Funding earned: $65.52
Price spread: −0.016% → 0.000%: −$1.57
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $42.95
Costs to cover: 0.210%
Break-even: 2.4 days

Slippage unknown: Aevo: no order-book sample; Extended: 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 Aevo no order-book sample	—	—	—	—	—
Sell Extended no order-book sample	—	—	—	—	—

Aevo and Extended: 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
tradeXYZ xyz:MINIMAX	−0.0820%	1h	39.613	−0.037%	$4.6M	$2.9M	10x	as long as short
GRVT MINIMAX_USDT_Perp	−0.0518%	4h	39.616	−0.030%	$353	$136K	10x	as long as short
Bybit MINIMAXUSDT	0.0000%	8h	39.640	+0.031%	$938K	$1.4M	25x	as long as short
Gate MINIMAX_USDT	0.0000%	8h	39.630	+0.006%	$1.2M	$6.1M	50x	as long as short
SunX MINIMAX-USDT	0.0000%	4h	39.660	+0.081%	$16	$3.8M	10x	as long as short
HTX MINIMAX-USDT	0.0000%	4h	39.606	−0.055%	$37K	$70K	20x	as long as short
Lighter MINIMAX	+0.0032%	1h	39.648	+0.051%	$46K	$27K	10x	as long as short
SoDEX MINIMAX-USD	+0.0050%	1h	39.639	+0.028%	$99K	$4K	10x	as long as short
Ondo Perps MINIMAX-USD.P	+0.0050%	1h	39.610	−0.045%	$30K	$47K	5x	as long as short
Aster MINIMAXUSDT	+0.0232%	8h	39.604	−0.059%	$34K	$152K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MINIMAXUSDTM	+0.0626%	4h	39.610	−0.045%	$100K	$43K	20x	as long as short
Aevo MINIMAX-PERPlong	+0.0664%	1h	39.628	long leg	—	—	10x
Extended MINIMAX-USDshort	+0.0976%	1h	39.622	−0.016%	$3K	—	10x
Binance MINIMAXUSDT	+0.0977%	4h	39.630	+0.006%	$6.5M	$35.5M	25x	as long as short
Bitget MINIMAXUSDT	+0.1229%	8h	39.638	+0.026%	$1.2M	$2.8M	20x	as long as short
OKX MINIMAX-USDT-SWAP	+0.1321%	8h	39.690	+0.157%	$1.7M	$9.6M	20x	as long as short
edgeX MINIMAXUSDC	+0.1974%	4h	39.604	−0.059%	$30K	$187K	10x	as long as short