Funding arb · Price arb /

MINIMAX

RWAall MINIMAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h +0.062%

Price spread now: Extended against Binance−0.019%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Extended

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—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: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance MINIMAXUSDT	39.640	0.0977	pay 0.0488% / 4h	3h 54m	$6.5M	$35.5M	25x
Short	Extended MINIMAX-USD	39.632	0.1008	get 0.0126% / 1h	54m 28s	$3K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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 BinancebpFee ExtendedbpOrdersPrice spread, now −0.019%Rate

Funding earned: $6.53
Price spread: −0.019% → 0.000%: −$1.9
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$10.37
Costs to cover: 0.150%
Break-even: 18.1 days

Slippage unknown: Binance: live order book, 2 min ago; 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 Binance live order book, 2 min ago	1.26 bp	11.1 bp −$11	38.4 bp −$384	176.8 bp −$17.7K	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

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	−0.0827%	1h	39.613	−0.068%	$4.6M	$2.9M	10x	as long as short
GRVT MINIMAX_USDT_Perp	−0.0518%	4h	39.616	−0.061%	$353	$136K	10x	as long as short
Bybit MINIMAXUSDT	0.0000%	8h	39.630	−0.025%	$938K	$1.4M	25x	as long as short
Gate MINIMAX_USDT	0.0000%	8h	39.630	−0.025%	$1.2M	$6.1M	50x	as long as short
SunX MINIMAX-USDT	0.0000%	4h	39.650	+0.025%	$16	$3.8M	10x	as long as short
HTX MINIMAX-USDT	0.0000%	4h	39.606	−0.086%	$37K	$70K	20x	as long as short
Lighter MINIMAX	+0.0032%	1h	39.637	−0.008%	$46K	$27K	10x	as long as short
SoDEX MINIMAX-USD	+0.0050%	1h	39.630	−0.025%	$99K	$4K	10x	as long as short
Ondo Perps MINIMAX-USD.P	+0.0050%	1h	39.610	−0.076%	$30K	$47K	5x	as long as short
Aster MINIMAXUSDT	+0.0232%	8h	39.617	−0.058%	$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	−0.076%	$100K	$43K	20x	as long as short
Aevo MINIMAX-PERP	+0.0672%	1h	39.628	−0.031%	—	—	10x	as long as short
Binance MINIMAXUSDTlong	+0.0977%	4h	39.640	long leg	$6.5M	$35.5M	25x
Extended MINIMAX-USDshort	+0.1008%	1h	39.632	−0.019%	$3K	—	10x
Bitget MINIMAXUSDT	+0.1229%	8h	39.639	−0.003%	$1.2M	$2.8M	20x	as long as short
OKX MINIMAX-USDT-SWAP	+0.1329%	8h	39.690	+0.126%	$1.7M	$9.6M	20x	as long as short
edgeX MINIMAXUSDC	+0.1974%	4h	39.604	−0.090%	$30K	$187K	10x	as long as short