MINIMAX

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0780%/8h= −85.4% APRnext payment −$0.97 per $10,000 · paid last 24h +0.018%

Price spread now: tradeXYZ against Extended−0.045%7-day average — · you buy dearer than you sell

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

Long on Extended Short on tradeXYZ

What this pair did over the last

the charts below follow

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 · tradeXYZ: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and tradeXYZ is 0.045% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended MINIMAX-USD	38.298	0.1152	pay 0.0144% / 1h	46m 26s	$3K	—	10x
Short	tradeXYZ xyz:MINIMAX	38.281	0.0372	get 0.0047% / 1h	46m 26s	$4.4M	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.045%Rate

Funding earned: −$163.76
Price spread: −0.045% → 0.000%: −$4.49
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$191.25
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Extended: no order-book sample; tradeXYZ: live order book, 2 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 tradeXYZ live order book, 2 min ago	2.47 bp	16.2 bp −$16	doesn't fit	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	38.290	−0.021%	$1.4M	$3.9M	50x	as long as short
SunX MINIMAX-USDT	0.0000%	4h	38.350	+0.135%	$15	$2.8M	10x	as long as short
HTX MINIMAX-USDT	0.0000%	4h	38.330	+0.083%	$45K	$214K	20x	as long as short
Lighter MINIMAX	+0.0032%	1h	38.299	+0.002%	$43K	$25K	10x	as long as short
SoDEX MINIMAX-USD	+0.0050%	1h	38.299	+0.002%	$96K	$3K	10x	as long as short
Ondo Perps MINIMAX-USD.P	+0.0050%	1h	38.270	−0.074%	$30K	$37K	5x	as long as short
Aster MINIMAXUSDT	+0.0362%	8h	38.354	+0.145%	$34K	$150K	20x	as long as short
tradeXYZ xyz:MINIMAXshort	+0.0372%	1h	38.281	−0.045%	$4.4M	$2.9M	10x
Aevo MINIMAX-PERP	+0.0376%	1h	38.233	−0.169%	—	—	10x	as long as short
KuCoin MINIMAXUSDTM	+0.0494%	4h	38.280	−0.048%	$97K	$36K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit MINIMAXUSDT	+0.0880%	8h	38.260	−0.100%	$911K	$1.1M	25x	as long as short
Binance MINIMAXUSDT	+0.1145%	4h	38.270	−0.074%	$6.3M	$30.7M	25x	as long as short
Extended MINIMAX-USDlong	+0.1152%	1h	38.298	long leg	$3K	—	10x
Bitget MINIMAXUSDT	+0.1185%	8h	38.291	−0.019%	$1.3M	$2.5M	20x	as long as short
OKX MINIMAX-USDT-SWAP	+0.1320%	8h	38.240	−0.152%	$2.2M	$8.1M	20x	as long as short
GRVT MINIMAX_USDT_Perp	+0.1742%	4h	38.330	+0.083%	$306	$125K	10x	as long as short
edgeX MINIMAXUSDC	+0.1865%	4h	38.290	−0.020%	$29K	$188K	10x	as long as short