Funding you earn now, next payment 02:00 UTC+0.0820%/8h= +89.8% APRpaid last 24h −0.065%
Price spread now: GRVT against Extended+0.476%112s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 · GRVT: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and GRVT is 0.476% dearer against Extended than usual: you sell high and buy low: +$48 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 112 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 | Extended MINIMAX-USD | 39.960 | 0.0544 | pay 0.0068% / 1h | 45m 40s | $3K | — | 10x |
| Short | GRVT MINIMAX_USDT_Perp | 40.150 | 0.1364 | get 0.0682% / 4h | 2h 45m | $96 | $128K | 10x |
Extended MINIMAX-USD
GRVT MINIMAX_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Extended. 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
- $172.2
- Price spread: +0.476% → 0.000%
- $47.65
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $205.85
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Extended: no order-book sample; GRVT: live order book, 17 min ago. 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 Extended no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 17 min ago | 3.77 bp | 35.9 bp −$36 | 66.7 bp −$667 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MINIMAX_USDT | 0.0000% | 8h | 39.980 | +0.051% | $1.2M | $4.4M | 50x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 40.010 | +0.126% | $16 | $3.8M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 40.013 | +0.134% | $38K | $70K | 20x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 39.963 | +0.008% | $100K | $4K | 10x | as long as short |
| Aster MINIMAXUSDT | +0.0148% | 8h | 39.808 | −0.378% | $35K | $152K | 20x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0204% | 4h | 40.030 | +0.176% | $100K | $44K | 20x | as long as short |
| Aevo MINIMAX-PERP | +0.0440% | 1h | 39.957 | −0.006% | — | — | 10x | as long as short |
| Extended MINIMAX-USDlong | +0.0544% | 1h | 39.960 | long leg | $3K | — | 10x | |
| Binance MINIMAXUSDT | +0.0571% | 4h | 39.970 | +0.026% | $6.8M | $35.8M | 25x | as long as short |
| edgeX MINIMAXUSDC | +0.0599% | 4h | 40.060 | +0.252% | $30K | $188K | 10x | as long as short |
Gate MINIMAX_USDT
SunX MINIMAX-USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
Aster MINIMAXUSDT
KuCoin MINIMAXUSDTM
Aevo MINIMAX-PERP
Binance MINIMAXUSDT
edgeX MINIMAXUSDCShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINIMAXUSDT | +0.0974% | 8h | 39.990 | +0.076% | $955K | $1.4M | 25x | as long as short |
| Bitget MINIMAXUSDT | +0.1090% | 8h | 39.940 | −0.049% | $1.3M | $2.7M | 20x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1134% | 8h | 40.040 | +0.201% | $1.8M | $9.8M | 20x | as long as short |
| GRVT MINIMAX_USDT_Perpshort | +0.1364% | 4h | 40.150 | +0.476% | $96 | $128K | 10x | |
| Lighter MINIMAX | +0.1800% | 1h | 39.971 | +0.029% | $46K | $23K | 10x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.2860% | 1h | 39.961 | +0.003% | $4.7M | $3.1M | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.2994% | 1h | 40.010 | +0.126% | $31K | $51K | 5x | as long as short |
Bybit MINIMAXUSDT
Bitget MINIMAXUSDT
OKX MINIMAX-USDT-SWAP
Lighter MINIMAX
tradeXYZ xyz:MINIMAX
Ondo Perps MINIMAX-USD.P