MINIMAX

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1688%/8h= +184.8% APRnext payment +$2.11 per $10,000 · paid last 24h +0.096%

Price spread now: Extended against Lighter−0.189%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on Extended

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter: Season 3 · Extended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.189% cheaper against Lighter than usual: you would sell low and buy high (spread −0.189% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$19 on $10k: about 9 hours of funding at the current rate (+$51 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter MINIMAX	39.868	0.0064	pay 0.0008% / 1h	19m 49s	$46K	$27K	10x
Short	Extended MINIMAX-USD	39.793	0.1752	get 0.0219% / 1h	19m 49s	$3K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Lighter. 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 LighterbpFee ExtendedbpOrdersPrice spread, now −0.189%Rate

Funding earned: $354.48
Price spread: −0.189% → 0.000%: −$18.93
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $330.55
Costs to cover: 0.050%
Break-even: 0.5 days

Slippage unknown: Lighter: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter no order-book sample	—	—	—	—	—
Sell Extended no order-book sample	—	—	—	—	—

Lighter and 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate MINIMAX_USDT	0.0000%	8h	39.840	−0.070%	$1.2M	$6.2M	50x	as long as short
SunX MINIMAX-USDT	0.0000%	4h	39.900	+0.080%	$16	$3.9M	10x	as long as short
HTX MINIMAX-USDT	0.0000%	4h	39.887	+0.048%	$38K	$71K	20x	as long as short
SoDEX MINIMAX-USD	+0.0050%	1h	39.831	−0.093%	$100K	$4K	10x	as long as short
Lighter MINIMAXlong	+0.0064%	1h	39.868	long leg	$46K	$27K	10x
Aster MINIMAXUSDT	+0.0287%	8h	39.713	−0.388%	$34K	$152K	20x	as long as short
Aevo MINIMAX-PERP	+0.0776%	1h	39.848	−0.050%	—	—	10x	as long as short
Bybit MINIMAXUSDT	+0.0796%	8h	39.830	−0.095%	$942K	$1.4M	25x	as long as short
tradeXYZ xyz:MINIMAX	+0.0829%	1h	39.818	−0.125%	$4.6M	$2.9M	10x	as long as short
KuCoin MINIMAXUSDTM	+0.1208%	4h	39.750	−0.296%	$100K	$44K	20x	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	+0.1325%	1h	39.760	−0.271%	$30K	$48K	5x	as long as short
Bitget MINIMAXUSDT	+0.1498%	8h	39.793	−0.188%	$1.3M	$2.9M	20x	as long as short
OKX MINIMAX-USDT-SWAP	+0.1501%	8h	39.830	−0.095%	$1.7M	$9.7M	20x	as long as short
GRVT MINIMAX_USDT_Perp	+0.1504%	4h	39.880	+0.030%	$430	$138K	10x	as long as short
edgeX MINIMAXUSDC	+0.1637%	4h	39.879	+0.027%	$30K	$187K	10x	as long as short
Extended MINIMAX-USDshort	+0.1752%	1h	39.793	−0.189%	$3K	—	10x
Binance MINIMAXUSDT	+0.1753%	4h	39.800	−0.171%	$6.4M	$35.5M	25x	as long as short