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 12:00 UTC+0.1368%/8h= +149.8% APRpaid last 24h +0.129%
Price spread now: GRVT against Aster+0.040%60s7-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 days+0.209%+$21 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · GRVT: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$41 a day on $10k at the current rate, and GRVT is 0.040% dearer against Aster than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.209% in total (about 10.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MINIMAXUSDT36.9750.0190pay 0.0190% / 8h4h 50m$34K$5K20x
ShortGRVT MINIMAX_USDT_Perp36.9900.1558get 0.0779% / 4h50m 40s$536$107K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$287.3
Price spread: +0.040% → 0.000%
$4.01
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$274.31
Costs to cover
0.170%
Break-even
0.3 days
Slippage unknown: Aster: no order-book sample; GRVT: live order book, 53 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 Aster no order-book sample
Sell GRVT live order book, 53 min ago4.06 bp28.0 bp −$2895.9 bp −$959doesn't fitdoesn't fit
Aster: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX MINIMAX-USDT0.0000%4h36.980+0.013%$15$1.1M10xas long as short
HTX MINIMAX-USDT0.0000%4h36.911−0.174%$50K$265K20xas long as short
SoDEX MINIMAX-USD+0.0050%1h36.959−0.044%$93K$3K10xas long as short
Lighter MINIMAX+0.0072%1h36.937−0.103%$41K$11K10xas long as short
tradeXYZ xyz:MINIMAX+0.0081%1h36.921−0.147%$5.0M$3.4M10xas long as short
Aster MINIMAXUSDTlong+0.0190%8h36.975long leg$34K$5K20x
Aevo MINIMAX-PERP+0.0440%1h36.963−0.034%10xas long as short
Bybit MINIMAXUSDT+0.0688%8h36.970−0.014%$953K$901K25xas long as short
KuCoin MINIMAXUSDTM+0.0764%4h36.940−0.095%$112K$269K20xas long as short
Gate MINIMAX_USDT+0.0823%8h36.980+0.013%$1.3M$2.9M50xas long as short
Show all 17 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MINIMAXUSDT+0.1022%8h36.958−0.046%$1.2M$2.8M20xas long as short
Ondo Perps MINIMAX-USD.P+0.1144%1h36.860−0.311%$21K$58K5xas long as short
OKX MINIMAX-USDT-SWAP+0.1442%8h36.990+0.040%$2.8M$8.2M20xas long as short
GRVT MINIMAX_USDT_Perpshort+0.1558%4h36.990+0.040%$536$107K10x
Binance MINIMAXUSDT+0.1580%4h36.942−0.090%$6.3M$29.9M25xas long as short
Extended MINIMAX-USD+0.1616%1h36.929−0.124%$3K$92010xas long as short
edgeX MINIMAXUSDC+0.1821%4h36.968−0.018%$28K$182K10xas long as short