Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.112%
Price spread now: Binance against Lighter−0.084%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.097%+$10 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.084% cheaper against Lighter than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.097%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MINIMAX | 37.123 | 0.0424 | pay 0.0053% / 1h | 29m 51s | $41K | $25K | 10x |
| Short | Binance MINIMAXUSDT | 37.092 | 0.0324 | get 0.0162% / 4h | 2h 29m | $6.3M | $32.0M | 25x |
Lighter MINIMAX
Binance MINIMAXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$20.97
- Price spread: −0.084% → 0.000%
- −$8.43
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$39.4
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Binance: live order book, 12 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 12 min ago | 2.70 bp | 15.4 bp −$15 | 49.4 bp −$494 | 186.0 bp −$18.6K | doesn't fit |
Lighter: 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 | 37.140 | +0.046% | $1.3M | $3.5M | 50x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 37.160 | +0.100% | $15 | $2.1M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 37.191 | +0.183% | $46K | $234K | 20x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 37.106 | −0.046% | $93K | $3K | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 37.097 | −0.070% | — | — | 10x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0140% | 4h | 37.000 | −0.331% | $97K | $37K | 20x | as long as short |
| Bybit MINIMAXUSDT | +0.0220% | 8h | 37.160 | +0.100% | $912K | $1.1M | 25x | as long as short |
| Aster MINIMAXUSDT | +0.0301% | 8h | 37.016 | −0.289% | $33K | $45K | 20x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0305% | 1h | 36.890 | −0.628% | $24K | $47K | 5x | as long as short |
| Binance MINIMAXUSDTshort | +0.0324% | 4h | 37.092 | −0.084% | $6.3M | $32.0M | 25x |
Gate MINIMAX_USDT
SunX MINIMAX-USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
Aevo MINIMAX-PERP
KuCoin MINIMAXUSDTM
Bybit MINIMAXUSDT
Aster MINIMAXUSDT
Ondo Perps MINIMAX-USD.PShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended MINIMAX-USD | +0.0328% | 1h | 37.063 | −0.161% | $3K | — | 10x | as long as short |
| Lighter MINIMAXlong | +0.0424% | 1h | 37.123 | long leg | $41K | $25K | 10x | |
| edgeX MINIMAXUSDC | +0.0452% | 4h | 37.018 | −0.283% | $28K | $184K | 10x | as long as short |
| Bitget MINIMAXUSDT | +0.0500% | 8h | 37.078 | −0.121% | $1.2M | $2.8M | 20x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.0582% | 4h | 37.029 | −0.253% | $855 | $127K | 10x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.1072% | 1h | 37.062 | −0.164% | $4.4M | $3.2M | 10x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1123% | 8h | 37.210 | +0.234% | $2.7M | $8.3M | 20x | as long as short |
Extended MINIMAX-USD
edgeX MINIMAXUSDC
Bitget MINIMAXUSDT
GRVT MINIMAX_USDT_Perp
tradeXYZ xyz:MINIMAX
OKX MINIMAX-USDT-SWAP