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

MINIMAX

RWAall MINIMAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.1604%/8h= −175.6% APRpaid last 24h
Price spread now: Aevo against GRVT+0.045%49s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 daysno history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
The price spread pays, funding is against you. Aevo is 0.045% dearer against GRVT than usual: you sell high and buy low (spread +0.045% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$48 a day in funding at the current rate, which eats that in about 2 hours. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT MINIMAX_USDT_Perp38.8000.2028pay 0.1014% / 4h1h 57m$252$125K10x
ShortAevo MINIMAX-PERP38.8170.0424get 0.0053% / 1h57m 28s10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against GRVT. 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
−$336.84
Price spread: +0.045% → 0.000%
$4.48
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$357.36
Costs to cover
0.250%
Break-even
never at this rate
Slippage unknown: GRVT: live order book, 65 min ago; Aevo: 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
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 65 min ago3.77 bp22.5 bp −$2256.4 bp −$564doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MINIMAX_USDT0.0000%8h38.900+0.259%$1.4M$3.9M50xas long as short
SunX MINIMAX-USDT0.0000%4h38.850+0.130%$16$3.0M10xas long as short
HTX MINIMAX-USDT0.0000%4h38.820+0.053%$46K$215K20xas long as short
SoDEX MINIMAX-USD+0.0050%1h38.808+0.022%$97K$3K10xas long as short
Ondo Perps MINIMAX-USD.P+0.0050%1h38.810+0.027%$30K$38K5xas long as short
Lighter MINIMAX+0.0392%1h38.859+0.153%$44K$25K10xas long as short
Aster MINIMAXUSDT+0.0393%8h38.920+0.310%$34K$150K20xas long as short
Aevo MINIMAX-PERPshort+0.0424%1h38.817+0.045%10x
tradeXYZ xyz:MINIMAX+0.0474%1h38.860+0.156%$4.5M$3.1M10xas long as short
KuCoin MINIMAXUSDTM+0.0568%4h38.860+0.156%$98K$37K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MINIMAXUSDC+0.0794%4h38.726−0.190%$29K$188K10xas long as short
Bybit MINIMAXUSDT+0.1123%8h38.820+0.053%$929K$1.2M25xas long as short
Binance MINIMAXUSDT+0.1248%4h38.801+0.004%$6.5M$32.3M25xas long as short
Bitget MINIMAXUSDT+0.1254%8h38.802+0.006%$1.3M$2.8M20xas long as short
Extended MINIMAX-USD+0.1256%1h38.838+0.099%$3K10xas long as short
OKX MINIMAX-USDT-SWAP+0.1353%8h38.850+0.130%$2.2M$8.6M20xas long as short
GRVT MINIMAX_USDT_Perplong+0.2028%4h38.800long leg$252$125K10x