Settings8H · net · $10k
Funding arb · Price arb /

MINIMAX

RWAall MINIMAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0516%/8h= +56.5% APRpaid last 24h −0.149%
Price spread now: Aster against edgeX+0.074%60s7-day average −0.015% · 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−0.367%−$37 on $10k
Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.074%, 7d avg −0.015%
Together, before fees−0.426%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$43 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Aster is 0.089% dearer against edgeX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.015%. Mind the row above: over the last 7 days funding on this pair cost −0.367%, so the current rate has only just turned in your favour. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MINIMAXUSDC36.3840.0070pay 0.0035% / 4h38m 32s$27K$183K10x
ShortAster MINIMAXUSDT36.4110.0586get 0.0586% / 8h38m 32s$32K$6K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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
$108.39
Price spread: +0.074% → −0.015%
$8.89
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
$100.28
Costs to cover
0.170%
Break-even
0.5 days
Slippage unknown: edgeX: live order book, 63 min ago; Aster: 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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 63 min ago12.26 bp27.8 bp −$28doesn't fitdoesn't fitdoesn't fit
Sell Aster no order-book sample
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 venues

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%4h36.520+0.373%$15$1.4M10xas long as short
HTX MINIMAX-USDT0.0000%4h36.452+0.186%$49K$232K20xas long as short
Lighter MINIMAX+0.0032%1h36.477+0.255%$41K$23K10xas long as short
SoDEX MINIMAX-USD+0.0050%1h36.442+0.159%$91K$3K10xas long as short
Ondo Perps MINIMAX-USD.P+0.0050%1h36.530+0.400%$23K$52K5xas long as short
edgeX MINIMAXUSDClong+0.0070%4h36.384long leg$27K$183K10x
Aevo MINIMAX-PERP+0.0104%1h36.448+0.174%10xas long as short
tradeXYZ xyz:MINIMAX+0.0305%1h36.441+0.156%$4.7M$3.2M10xas long as short
Gate MINIMAX_USDT+0.0360%8h36.550+0.455%$1.3M$2.9M50xas long as short
Bybit MINIMAXUSDT+0.0400%8h36.490+0.291%$920K$1.0M25xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MINIMAXUSDTshort+0.0586%8h36.411+0.074%$32K$6K20x
Bitget MINIMAXUSDT+0.0713%8h36.509+0.343%$1.2M$2.8M20xas long as short
KuCoin MINIMAXUSDTM+0.0742%4h36.420+0.098%$95K$35K20xas long as short
GRVT MINIMAX_USDT_Perp+0.0772%4h36.399+0.042%$121$123K10xas long as short
Binance MINIMAXUSDT+0.0848%4h36.505+0.331%$6.3M$30.8M25xas long as short
Extended MINIMAX-USD+0.0848%1h36.493+0.300%$3K10xas long as short
OKX MINIMAX-USDT-SWAP+0.1404%8h36.540+0.428%$2.8M$8.2M20xas long as short