Funding you earn now, next payment 05:00 UTC−0.0620%/8h= −67.9% APRpaid last 24h +0.144%
Price spread now: Ondo Perps against Binance−0.214%46s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Ondo Perps is 0.214% cheaper against Binance than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MINIMAXUSDT | 37.861 | 0.0670 | pay 0.0335% / 4h | 3h 46m | $6.3M | $30.8M | 25x |
| Short | Ondo Perps MINIMAX-USD.P | 37.780 | 0.0050 | get 0.0006% / 1h | 46m 55s | $26K | $42K | 5x |
Binance MINIMAXUSDT
Ondo Perps MINIMAX-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$130.15
- Price spread: −0.214% → 0.000%
- −$21.38
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$166.53
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 10 min ago; Ondo Perps: 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, 10 min ago | 1.32 bp | 12.8 bp −$13 | 40.6 bp −$406 | 192.9 bp −$19.3K | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MINIMAX_USDT | 0.0000% | 8h | 37.900 | +0.103% | $1.4M | $3.8M | 50x | as long as short |
| GRVT MINIMAX_USDT_Perp | 0.0000% | 4h | 37.810 | −0.135% | $457 | $126K | 10x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 37.890 | +0.077% | $15 | $2.3M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 37.844 | −0.045% | $43K | $219K | 20x | as long as short |
| Lighter MINIMAX | +0.0032% | 1h | 37.812 | −0.129% | $42K | $25K | 10x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 37.825 | −0.095% | $95K | $3K | 10x | as long as short |
| Ondo Perps MINIMAX-USD.Pshort | +0.0050% | 1h | 37.780 | −0.214% | $26K | $42K | 5x | |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 37.812 | −0.129% | — | — | 10x | as long as short |
| Bybit MINIMAXUSDT | +0.0162% | 8h | 37.880 | +0.050% | $927K | $1.1M | 25x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0252% | 1h | 37.812 | −0.129% | $4.4M | $2.9M | 10x | as long as short |
Gate MINIMAX_USDT
GRVT MINIMAX_USDT_Perp
SunX MINIMAX-USDT
HTX MINIMAX-USDT
Lighter MINIMAX
SoDEX MINIMAX-USD
Aevo MINIMAX-PERP
Bybit MINIMAXUSDT
tradeXYZ xyz:MINIMAXShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MINIMAXUSDT | +0.0278% | 8h | 37.808 | −0.140% | $34K | $150K | 20x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0406% | 4h | 37.830 | −0.082% | $100K | $39K | 20x | as long as short |
| Binance MINIMAXUSDTlong | +0.0670% | 4h | 37.861 | long leg | $6.3M | $30.8M | 25x | |
| Extended MINIMAX-USD | +0.0672% | 1h | 37.848 | −0.035% | $3K | — | 10x | as long as short |
| Bitget MINIMAXUSDT | +0.0696% | 8h | 37.855 | −0.016% | $1.3M | $2.7M | 20x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1289% | 8h | 37.890 | +0.077% | $2.6M | $8.3M | 20x | as long as short |
| edgeX MINIMAXUSDC | +0.1484% | 4h | 37.816 | −0.118% | $28K | $183K | 10x | as long as short |
Aster MINIMAXUSDT
KuCoin MINIMAXUSDTM
Extended MINIMAX-USD
Bitget MINIMAXUSDT
OKX MINIMAX-USDT-SWAP
edgeX MINIMAXUSDC