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

MINIMAX

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0316%/8h= +34.6% APRpaid last 24h +0.112%
Price spread now: Extended against GRVT+0.107%92s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · Extended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Extended is 0.107% dearer against GRVT than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT MINIMAX_USDT_Perp39.8300.1420pay 0.0710% / 4h22m 04s$333$137K10x
ShortExtended MINIMAX-USD39.8730.1736get 0.0217% / 1h22m 04s$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$66.36
Price spread: +0.107% → 0.000%
$10.7
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$63.06
Costs to cover
0.140%
Break-even
0.3 days
Slippage unknown: GRVT: live order book, 54 min ago; Extended: 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, 54 min ago3.79 bp19.5 bp −$1962.4 bp −$624doesn't fitdoesn't fit
Sell Extended no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate MINIMAX_USDT0.0000%8h39.930+0.251%$1.2M$6.2M50xas long as short
SunX MINIMAX-USDT0.0000%4h39.920+0.226%$16$3.9M10xas long as short
HTX MINIMAX-USDT0.0000%4h39.904+0.186%$38K$71K20xas long as short
Lighter MINIMAX+0.0048%1h39.911+0.203%$46K$27K10xas long as short
SoDEX MINIMAX-USD+0.0050%1h39.884+0.136%$100K$4K10xas long as short
Aster MINIMAXUSDT+0.0271%8h39.701−0.324%$34K$152K20xas long as short
tradeXYZ xyz:MINIMAX+0.0761%1h39.893+0.158%$4.6M$2.9M10xas long as short
Aevo MINIMAX-PERP+0.0784%1h39.916+0.216%10xas long as short
Bybit MINIMAXUSDT+0.0791%8h39.900+0.176%$944K$1.4M25xas long as short
KuCoin MINIMAXUSDTM+0.1206%4h39.760−0.176%$100K$44K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps MINIMAX-USD.P+0.1242%1h39.840+0.025%$30K$48K5xas long as short
GRVT MINIMAX_USDT_Perplong+0.1420%4h39.830long leg$333$137K10x
Bitget MINIMAXUSDT+0.1481%8h39.855+0.063%$1.3M$2.9M20xas long as short
OKX MINIMAX-USDT-SWAP+0.1499%8h39.930+0.251%$1.7M$9.7M20xas long as short
Binance MINIMAXUSDT+0.1736%4h39.910+0.201%$6.4M$35.4M25xas long as short
Extended MINIMAX-USDshort+0.1736%1h39.873+0.107%$3K10x
edgeX MINIMAXUSDC+0.2082%4h39.840+0.025%$30K$187K10xas long as short