Funding you earn now, next payment 08:00 UTC−0.0814%/8h= −89.1% APRpaid last 24h −0.170%
Price spread now: SoDEX against Binance+0.074%45s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. SoDEX is 0.074% dearer against Binance than usual: you sell high and buy low (spread +0.074% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 7 hours. The two prices were read 45 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 | 36.489 | 0.0864 | pay 0.0432% / 4h | 35m 28s | $6.4M | $30.6M | 25x |
| Short | SoDEX MINIMAX-USD | 36.516 | 0.0050 | get 0.0006% / 1h | 35m 28s | $92K | $3K | 10x |
Binance MINIMAXUSDT
SoDEX MINIMAX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$170.89
- Price spread: +0.074% → 0.000%
- $7.38
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$181.52
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 6 min ago; SoDEX: 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, 6 min ago | 1.38 bp | 10.1 bp −$10 | 28.0 bp −$280 | 155.9 bp −$15.6K | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX MINIMAX-USDT | 0.0000% | 4h | 36.560 | +0.194% | $15 | $1.4M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 36.551 | +0.170% | $49K | $233K | 20x | as long as short |
| Lighter MINIMAX | +0.0040% | 1h | 36.494 | +0.013% | $41K | $23K | 10x | as long as short |
| SoDEX MINIMAX-USDshort | +0.0050% | 1h | 36.516 | +0.074% | $92K | $3K | 10x | |
| Ondo Perps MINIMAX-USD.P | +0.0050% | 1h | 36.510 | +0.057% | $23K | $52K | 5x | as long as short |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 36.530 | +0.112% | — | — | 10x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0330% | 1h | 36.449 | −0.110% | $4.7M | $3.3M | 10x | as long as short |
| Gate MINIMAX_USDT | +0.0365% | 8h | 36.540 | +0.140% | $1.3M | $2.9M | 50x | as long as short |
| Bybit MINIMAXUSDT | +0.0401% | 8h | 36.520 | +0.085% | $920K | $987K | 25x | as long as short |
| edgeX MINIMAXUSDC | +0.0442% | 4h | 36.514 | +0.068% | $27K | $183K | 10x | as long as short |
SunX MINIMAX-USDT
HTX MINIMAX-USDT
Lighter MINIMAX
Ondo Perps MINIMAX-USD.P
Aevo MINIMAX-PERP
tradeXYZ xyz:MINIMAX
Gate MINIMAX_USDT
Bybit MINIMAXUSDT
edgeX MINIMAXUSDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MINIMAXUSDT | +0.0594% | 8h | 36.438 | −0.139% | $32K | $6K | 20x | as long as short |
| Bitget MINIMAXUSDT | +0.0714% | 8h | 36.494 | +0.013% | $1.2M | $2.8M | 20x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0756% | 4h | 36.450 | −0.107% | $96K | $35K | 20x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.0766% | 4h | 36.460 | −0.080% | $1K | $123K | 10x | as long as short |
| Binance MINIMAXUSDTlong | +0.0864% | 4h | 36.489 | long leg | $6.4M | $30.6M | 25x | |
| Extended MINIMAX-USD | +0.0864% | 1h | 36.470 | −0.053% | $3K | — | 10x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1408% | 8h | 36.520 | +0.085% | $2.8M | $8.1M | 20x | as long as short |
Aster MINIMAXUSDT
Bitget MINIMAXUSDT
KuCoin MINIMAXUSDTM
GRVT MINIMAX_USDT_Perp
Extended MINIMAX-USD
OKX MINIMAX-USDT-SWAP