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

MINIMAX

RWAall MINIMAX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h +0.167%
Price spread now: Binance against Gate0.000%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1371.375% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.026%+$3 on $10k
Price spread, last 2 days (all we have)−0.038%−$4 · spread now 0.000%, 7d avg −0.001%
Together, before fees−0.011%−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MINIMAX_USDT39.8200get 0.0000% / 8h7h 07m$1.2M$6.2M50x
ShortBinance MINIMAXUSDT39.8200.0044get 0.0022% / 4h3h 07m$6.6M$35.7M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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

Funding earned
$9.18
Price spread: 0.000% → −0.001%
$0.09
Slippage, 4 orders
−$112.45
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Binance: 5 bp × 2 orders
−$10
Net
−$128.19
Costs to cover
1.375%
Break-even
104.8 days
Slippage from Gate: live order book, 1 min ago; Binance: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 1 min ago6.27 bp62.0 bp −$62233.0 bp −$2,330doesn't fitdoesn't fit
Sell Binance live order book, 4 min ago1.26 bp8.7 bp −$930.4 bp −$304182.5 bp −$18.3Kdoesn't fit

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
tradeXYZ xyz:MINIMAX−0.0264%1h39.748−0.181%$4.7M$3.0M10xas long as short
Bybit MINIMAXUSDT0.0000%8h39.810−0.025%$945K$1.4M25xas long as short
Gate MINIMAX_USDTlong0.0000%8h39.820long leg$1.2M$6.2M50x
GRVT MINIMAX_USDT_Perp0.0000%4h39.740−0.201%$512$131K10xas long as short
SunX MINIMAX-USDT0.0000%4h39.860+0.100%$16$3.8M10xas long as short
HTX MINIMAX-USDT0.0000%4h39.796−0.060%$37K$70K20xas long as short
Lighter MINIMAX+0.0032%1h39.775−0.113%$46K$27K10xas long as short
Extended MINIMAX-USD+0.0040%1h39.809−0.027%$3K10xas long as short
Binance MINIMAXUSDTshort+0.0044%4h39.8200.000%$6.6M$35.7M25x
SoDEX MINIMAX-USD+0.0050%1h39.766−0.136%$100K$4K10xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps MINIMAX-USD.P+0.0050%1h39.760−0.151%$31K$50K5xas long as short
KuCoin MINIMAXUSDTM+0.0100%4h39.710−0.276%$100K$44K20xas long as short
Aster MINIMAXUSDT+0.0116%8h39.653−0.420%$35K$152K20xas long as short
Aevo MINIMAX-PERP+0.0448%1h39.752−0.170%10xas long as short
edgeX MINIMAXUSDC+0.0478%4h39.733−0.218%$30K$187K10xas long as short
Bitget MINIMAXUSDT+0.0875%8h39.816−0.010%$1.3M$2.8M20xas long as short
OKX MINIMAX-USDT-SWAP+0.1036%8h39.890+0.176%$1.7M$9.6M20xas long as short