MINIMAX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: OKX against Bitget+0.129%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$810.811% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.185%+$19 on $10k

Price spread, last 7 days−0.154%−$15 · spread now +0.129%, 7d avg +0.031%

Together, before fees+0.031%+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and OKX is 0.098% dearer against Bitget than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.031%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MINIMAXUSDT	39.639	0.1229	pay 0.1229% / 8h	7h 54m	$1.2M	$2.8M	20x
Short	OKX MINIMAX-USDT-SWAP	39.690	0.1329	get 0.1329% / 8h	7h 54m	$1.7M	$9.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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 BitgetbpFee OKXbpOrdersPrice spread, now +0.129%Rate

Funding earned: $20.9
Price spread: +0.129% → +0.031%: $9.75
Slippage, 4 orders: −$59.06
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$50.4
Costs to cover: 0.811%
Break-even: 23.9 days

Slippage from Bitget: live order book, 3 min ago; OKX: live order book, 4 min ago.

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 Bitget live order book, 3 min ago	1.64 bp	21.2 bp −$21	33.6 bp −$336	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	1.26 bp	13.6 bp −$14	224.1 bp −$2,241	doesn't fit	doesn't fit

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	−0.066%	$4.6M	$2.9M	10x	as long as short
GRVT MINIMAX_USDT_Perp	−0.0518%	4h	39.616	−0.059%	$353	$136K	10x	as long as short
Bybit MINIMAXUSDT	0.0000%	8h	39.630	−0.023%	$938K	$1.4M	25x	as long as short
Gate MINIMAX_USDT	0.0000%	8h	39.630	−0.023%	$1.2M	$6.1M	50x	as long as short
SunX MINIMAX-USDT	0.0000%	4h	39.650	+0.028%	$16	$3.8M	10x	as long as short
HTX MINIMAX-USDT	0.0000%	4h	39.606	−0.083%	$37K	$70K	20x	as long as short
Lighter MINIMAX	+0.0032%	1h	39.637	−0.005%	$46K	$27K	10x	as long as short
SoDEX MINIMAX-USD	+0.0050%	1h	39.630	−0.023%	$99K	$4K	10x	as long as short
Ondo Perps MINIMAX-USD.P	+0.0050%	1h	39.610	−0.073%	$30K	$47K	5x	as long as short
Aster MINIMAXUSDT	+0.0232%	8h	39.617	−0.056%	$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	−0.073%	$100K	$43K	20x	as long as short
Aevo MINIMAX-PERP	+0.0672%	1h	39.628	−0.028%	—	—	10x	as long as short
Binance MINIMAXUSDT	+0.0977%	4h	39.640	+0.003%	$6.5M	$35.5M	25x	as long as short
Extended MINIMAX-USD	+0.1008%	1h	39.632	−0.016%	$3K	—	10x	as long as short
Bitget MINIMAXUSDTlong	+0.1229%	8h	39.639	long leg	$1.2M	$2.8M	20x
OKX MINIMAX-USDT-SWAPshort	+0.1329%	8h	39.690	+0.129%	$1.7M	$9.6M	20x
edgeX MINIMAXUSDC	+0.1974%	4h	39.604	−0.088%	$30K	$187K	10x	as long as short