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

MINIMAX

RWAall MINIMAX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0114%/8h= −12.4% APRnext payment $1.14 per $10,000 · paid last 24h −0.047%
Price spread now: Gate against Aster+0.276%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$437as in the Funding arb table
Net, price: spread back to 7d avg − costs−$439as in the Price arb table
costs, in and out, $10k−$4624.618% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.247%+$25 on $10k
Price spread, last 4 days (all we have)−0.426%−$43 · spread now +0.276%, 7d avg +0.050%
Together, before fees−0.178%+ Points / potential airdropAster: Stage 5 · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.225% dearer against Aster than usual: you sell high and buy low (spread +0.276% now, against its 7-day average of +0.050%): +$23 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.247%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MINIMAXUSDT37.3870.0114pay 0.0114% / 8h2h 55m$33K$150K20x
ShortGate MINIMAX_USDT37.4900get 0.0000% / 8h2h 55m$1.3M$3.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Aster. 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
−$23.86
Price spread: +0.276% → +0.050%
$22.52
Slippage, 4 orders
−$438.81
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$463.15
Costs to cover
4.618%
Break-even
never at this rate
Slippage from Aster: live order book, 56 min ago; Gate: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 56 min ago60.83 bp295.0 bp −$295doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 2 min ago3.99 bp44.1 bp −$44230.8 bp −$2,308doesn't fitdoesn't fit

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
Extended MINIMAX-USD0.0000%1h37.445+0.155%$3K10xas long as short
Binance MINIMAXUSDT0.0000%4h37.439+0.139%$6.2M$31.3M25xas long as short
Gate MINIMAX_USDTshort0.0000%8h37.490+0.276%$1.3M$3.3M50x
GRVT MINIMAX_USDT_Perp0.0000%4h37.590+0.543%$720$126K10xas long as short
SunX MINIMAX-USDT0.0000%4h37.590+0.543%$15$2.2M10xas long as short
HTX MINIMAX-USDT0.0000%4h37.627+0.642%$42K$225K20xas long as short
Bybit MINIMAXUSDT+0.0017%8h37.450+0.169%$918K$1.0M25xas long as short
SoDEX MINIMAX-USD+0.0050%1h37.525+0.369%$94K$3K10xas long as short
Ondo Perps MINIMAX-USD.P+0.0050%1h37.760+0.998%$25K$48K5xas long as short
KuCoin MINIMAXUSDTM+0.0100%4h37.400+0.035%$99K$38K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo MINIMAX-PERP+0.0104%1h37.520+0.355%10xas long as short
Lighter MINIMAX+0.0112%1h37.365−0.059%$42K$25K10xas long as short
Aster MINIMAXUSDTlong+0.0114%8h37.387long leg$33K$150K20x
Bitget MINIMAXUSDT+0.0350%8h37.462+0.201%$1.2M$2.7M20xas long as short
tradeXYZ xyz:MINIMAX+0.0748%1h37.372−0.040%$4.4M$3.0M10xas long as short
edgeX MINIMAXUSDC+0.0830%4h37.539+0.408%$28K$182K10xas long as short
OKX MINIMAX-USDT-SWAP+0.0913%8h37.460+0.195%$2.7M$8.2M20xas long as short