MINIMAX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0816%/8h= −89.4% APRnext payment −$1.02 per $10,000 · paid last 24h −0.149%

Price spread now: Lighter against Extended+0.111%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Lighter

What this pair did over the last

the charts below follow

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 airdropExtended: Active · Lighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.111% dearer against Extended than usual: you sell high and buy low (spread +0.111% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 11 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended MINIMAX-USD	36.591	0.0848	pay 0.0106% / 1h	16m 04s	$3K	—	10x
Short	Lighter MINIMAX	36.632	0.0032	get 0.0004% / 1h	16m 04s	$41K	$23K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Extended. 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 ExtendedbpFee LighterbpOrdersPrice spread, now +0.111%Rate

Funding earned: −$171.36
Price spread: +0.111% → 0.000%: $11.12
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$165.24
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Extended: no order-book sample; Lighter: 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 Extended no order-book sample	—	—	—	—	—
Sell Lighter no order-book sample	—	—	—	—	—

Extended and Lighter: 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	36.680	+0.242%	$15	$1.3M	10x	as long as short
HTX MINIMAX-USDT	0.0000%	4h	36.682	+0.248%	$49K	$232K	20x	as long as short
Lighter MINIMAXshort	+0.0032%	1h	36.632	+0.111%	$41K	$23K	10x
SoDEX MINIMAX-USD	+0.0050%	1h	36.621	+0.081%	$92K	$3K	10x	as long as short
Ondo Perps MINIMAX-USD.P	+0.0050%	1h	36.670	+0.215%	$23K	$54K	5x	as long as short
Aevo MINIMAX-PERP	+0.0104%	1h	36.627	+0.098%	—	—	10x	as long as short
tradeXYZ xyz:MINIMAX	+0.0305%	1h	36.562	−0.080%	$4.8M	$3.3M	10x	as long as short
Bybit MINIMAXUSDT	+0.0361%	8h	36.610	+0.051%	$927K	$929K	25x	as long as short
Gate MINIMAX_USDT	+0.0406%	8h	36.670	+0.215%	$1.3M	$2.9M	50x	as long as short
Aster MINIMAXUSDT	+0.0582%	8h	36.541	−0.138%	$33K	$6K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MINIMAXUSDT	+0.0701%	8h	36.596	+0.013%	$1.2M	$2.7M	20x	as long as short
GRVT MINIMAX_USDT_Perp	+0.0710%	4h	36.600	+0.024%	$871	$120K	10x	as long as short
KuCoin MINIMAXUSDTM	+0.0772%	4h	36.630	+0.106%	$96K	$51K	20x	as long as short
Extended MINIMAX-USDlong	+0.0848%	1h	36.591	long leg	$3K	—	10x
Binance MINIMAXUSDT	+0.0849%	4h	36.606	+0.041%	$6.4M	$29.8M	25x	as long as short
edgeX MINIMAXUSDC	+0.1095%	4h	36.633	+0.113%	$28K	$183K	10x	as long as short
OKX MINIMAX-USDT-SWAP	+0.1410%	8h	36.640	+0.133%	$2.8M	$8.0M	20x	as long as short