MINIMAX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0106%/8h= +11.6% APRnext payment +$1.06 per $10,000 · paid last 24h +0.047%

Price spread now: Aster against Gate−0.200%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$487as in the Funding arb table

Net, price: spread back to 7d avg − costs−$477as in the Price arb table

costs, in and out, $10k−$4624.618% of the position

Long on Gate Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.247%−$25 on $10k

Price spread, last 4 days (all we have)+0.350%+$35 · spread now −0.200%, 7d avg −0.050%

Together, before fees+0.103%+ Points / potential airdropAster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.149% cheaper against Gate than usual: you would sell low and buy high (spread −0.200% now, against its 7-day average of −0.050%). If the spread goes back, that is −$15 on $10k: about 4.7 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.247%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MINIMAX_USDT	37.630	0	get 0.0000% / 8h	2h 56m	$1.4M	$3.3M	50x
Short	Aster MINIMAXUSDT	37.555	0.0106	get 0.0106% / 8h	2h 56m	$33K	$150K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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 GatebpFee AsterbpOrdersPrice spread, now −0.200%Rate

Funding earned: $22.17
Price spread: −0.200% → −0.050%: −$14.93
Slippage, 4 orders: −$438.81
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Aster: 4 bp × 2 orders: −$8
Net: −$454.57
Costs to cover: 4.618%
Break-even: 150.5 days

Slippage from Gate: live order book, 1 min ago; Aster: live order book, 55 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 Gate live order book, 1 min ago	3.99 bp	49.0 bp −$49	223.4 bp −$2,234	doesn't fit	doesn't fit
Sell Aster live order book, 55 min ago	60.83 bp	73.7 bp −$74	doesn't fit	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
edgeX MINIMAXUSDC	−0.0016%	4h	37.707	+0.205%	$28K	$183K	10x	as long as short
Extended MINIMAX-USD	0.0000%	1h	37.590	−0.106%	$3K	—	10x	as long as short
Binance MINIMAXUSDT	0.0000%	4h	37.580	−0.133%	$6.3M	$31.4M	25x	as long as short
Gate MINIMAX_USDTlong	0.0000%	8h	37.630	long leg	$1.4M	$3.3M	50x
GRVT MINIMAX_USDT_Perp	0.0000%	4h	37.740	+0.292%	$345	$125K	10x	as long as short
SunX MINIMAX-USDT	0.0000%	4h	37.640	+0.027%	$15	$2.2M	10x	as long as short
HTX MINIMAX-USDT	0.0000%	4h	37.599	−0.082%	$42K	$225K	20x	as long as short
Bybit MINIMAXUSDT	+0.0010%	8h	37.580	−0.133%	$923K	$1.1M	25x	as long as short
Lighter MINIMAX	+0.0032%	1h	37.516	−0.303%	$42K	$25K	10x	as long as short
SoDEX MINIMAX-USD	+0.0050%	1h	37.540	−0.239%	$94K	$3K	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps MINIMAX-USD.P	+0.0050%	1h	37.760	+0.345%	$25K	$48K	5x	as long as short
KuCoin MINIMAXUSDTM	+0.0100%	4h	37.580	−0.133%	$99K	$38K	20x	as long as short
Aevo MINIMAX-PERP	+0.0104%	1h	37.496	−0.355%	—	—	10x	as long as short
Aster MINIMAXUSDTshort	+0.0106%	8h	37.555	−0.200%	$33K	$150K	20x
Bitget MINIMAXUSDT	+0.0345%	8h	37.593	−0.098%	$1.2M	$2.7M	20x	as long as short
tradeXYZ xyz:MINIMAX	+0.0661%	1h	37.569	−0.162%	$4.4M	$3.0M	10x	as long as short
OKX MINIMAX-USDT-SWAP	+0.0908%	8h	37.590	−0.106%	$2.7M	$8.2M	20x	as long as short