Settings8H · net · $10k
Funding arb · Price arb /

MINIMAX

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Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.1278%/8h= +139.9% APRnext payment +$1.60 per $10,000 · paid last 24h
Price spread now: tradeXYZ against Aevo+0.058%55s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$38 a day on $10k at the current rate, and tradeXYZ is 0.058% dearer against Aevo than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MINIMAX-PERP39.7880.0440pay 0.0055% / 1h57m 35s10x
ShorttradeXYZ xyz:MINIMAX39.8110.1718get 0.0215% / 1h57m 35s$4.7M$3.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Funding earned
$268.38
Price spread: +0.058% → 0.000%
$5.84
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$240.22
Costs to cover
0.340%
Break-even
0.7 days
Slippage unknown: Aevo: no order-book sample; tradeXYZ: live order book, 11 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell tradeXYZ live order book, 11 min ago2.13 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MINIMAXUSDC−0.0731%4h39.788+0.001%$30K$186K10xas long as short
Gate MINIMAX_USDT0.0000%8h39.920+0.332%$1.2M$4.3M50xas long as short
SunX MINIMAX-USDT0.0000%4h39.860+0.182%$16$3.8M10xas long as short
HTX MINIMAX-USDT0.0000%4h39.836+0.121%$37K$70K20xas long as short
Bybit MINIMAXUSDT+0.0019%8h39.860+0.182%$949K$1.4M25xas long as short
SoDEX MINIMAX-USD+0.0050%1h39.803+0.038%$100K$4K10xas long as short
Aster MINIMAXUSDT+0.0089%8h39.698−0.226%$35K$152K20xas long as short
KuCoin MINIMAXUSDTM+0.0100%4h39.860+0.182%$100K$44K20xas long as short
Extended MINIMAX-USD+0.0112%1h39.856+0.171%$3K10xas long as short
Binance MINIMAXUSDT+0.0136%4h39.878+0.226%$6.7M$35.7M25xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MINIMAX_USDT_Perp+0.0164%4h39.790+0.006%$502$130K10xas long as short
Aevo MINIMAX-PERPlong+0.0440%1h39.788long leg10x
Lighter MINIMAX+0.0600%1h39.825+0.094%$46K$23K10xas long as short
Bitget MINIMAXUSDT+0.0913%8h39.906+0.297%$1.3M$2.8M20xas long as short
OKX MINIMAX-USDT-SWAP+0.1041%8h39.970+0.458%$1.7M$9.7M20xas long as short
Ondo Perps MINIMAX-USD.P+0.1598%1h39.640−0.371%$31K$50K5xas long as short
tradeXYZ xyz:MINIMAXshort+0.1718%1h39.811+0.058%$4.7M$3.0M10x