Funding arb · Price arb /

MINIMAX

RWAall MINIMAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0383%/8h= +41.9% APRpaid last 24h —

Price spread now: Gate against Aevo+0.074%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Gate

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—needs both histories

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Gate is 0.074% dearer against Aevo than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo MINIMAX-PERP	36.942	0.0440	pay 0.0055% / 1h	49m 47s	—	—	10x
Short	Gate MINIMAX_USDT	36.970	0.0823	get 0.0823% / 8h	4h 49m	$1.3M	$2.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.074%Rate

Funding earned: $80.43
Price spread: +0.074% → 0.000%: $7.45
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $56.88
Costs to cover: 0.310%
Break-even: 2.0 days

Slippage unknown: Aevo: no order-book sample; Gate: live order book, 1 min ago. 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 Gate live order book, 1 min ago	5.41 bp	57.8 bp −$58	254.5 bp −$2,545	doesn't fit	doesn't fit

Aevo: 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 exchanges

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	36.950	+0.020%	$15	$1.1M	10x	as long as short
HTX MINIMAX-USDT	0.0000%	4h	36.911	−0.085%	$50K	$265K	20x	as long as short
Lighter MINIMAX	+0.0032%	1h	36.938	−0.012%	$41K	$11K	10x	as long as short
SoDEX MINIMAX-USD	+0.0050%	1h	36.929	−0.036%	$93K	$3K	10x	as long as short
tradeXYZ xyz:MINIMAX	+0.0052%	1h	36.917	−0.069%	$5.0M	$3.4M	10x	as long as short
Aster MINIMAXUSDT	+0.0190%	8h	36.974	+0.085%	$34K	$5K	20x	as long as short
Aevo MINIMAX-PERPlong	+0.0440%	1h	36.942	long leg	—	—	10x
Bybit MINIMAXUSDT	+0.0688%	8h	36.960	+0.047%	$953K	$901K	25x	as long as short
KuCoin MINIMAXUSDTM	+0.0764%	4h	36.940	−0.007%	$113K	$269K	20x	as long as short
Gate MINIMAX_USDTshort	+0.0823%	8h	36.970	+0.074%	$1.3M	$2.9M	50x

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MINIMAXUSDT	+0.1022%	8h	36.925	−0.047%	$1.2M	$2.8M	20x	as long as short
Ondo Perps MINIMAX-USD.P	+0.1144%	1h	36.860	−0.223%	$21K	$58K	5x	as long as short
OKX MINIMAX-USDT-SWAP	+0.1434%	8h	36.990	+0.129%	$2.8M	$8.2M	20x	as long as short
GRVT MINIMAX_USDT_Perp	+0.1558%	4h	36.990	+0.129%	$536	$107K	10x	as long as short
Extended MINIMAX-USD	+0.1576%	1h	36.918	−0.066%	$3K	$920	10x	as long as short
Binance MINIMAXUSDT	+0.1580%	4h	36.926	−0.044%	$6.3M	$29.9M	25x	as long as short
edgeX MINIMAXUSDC	+0.1821%	4h	36.968	+0.070%	$28K	$182K	10x	as long as short