Funding you earn now, next payment 03:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.077%
Price spread now: HTX against Lighter+0.143%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.137%−$14 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
The price spread pays, funding is against you. HTX is 0.143% dearer against Lighter than usual: you sell high and buy low (spread +0.143% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days. At the pace of the last 7 days (−0.137% in total) that is about 7.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MINIMAX | 38.439 | 0.0032 | pay 0.0004% / 1h | 2m 56s | $43K | $25K | 10x |
| Short | HTX MINIMAX-USDT | 38.494 | 0 | get 0.0000% / 4h | 1h 02m | $43K | $218K | 20x |
Lighter MINIMAX
HTX MINIMAX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$6.72
- Price spread: +0.143% → 0.000%
- $14.31
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$4.41
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; HTX: live order book, 31 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 HTX live order book, 31 min ago | 1.05 bp | 21.1 bp −$21 | 42.4 bp −$424 | doesn't fit | 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 | 38.380 | −0.153% | $1.4M | $4.1M | 50x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 38.550 | +0.289% | $15 | $2.5M | 10x | as long as short |
| HTX MINIMAX-USDTshort | 0.0000% | 4h | 38.494 | +0.143% | $43K | $218K | 20x | |
| Lighter MINIMAXlong | +0.0032% | 1h | 38.439 | long leg | $43K | $25K | 10x | |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 38.453 | +0.036% | $97K | $3K | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0050% | 1h | 38.740 | +0.783% | $29K | $39K | 5x | as long as short |
| Aevo MINIMAX-PERP | +0.0240% | 1h | 38.481 | +0.109% | — | — | 10x | as long as short |
| Aster MINIMAXUSDT | +0.0333% | 8h | 38.428 | −0.030% | $34K | $150K | 20x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0362% | 1h | 38.403 | −0.094% | $4.5M | $2.9M | 10x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0390% | 4h | 38.370 | −0.180% | $97K | $36K | 20x | as long as short |
Gate MINIMAX_USDT
SunX MINIMAX-USDT
SoDEX MINIMAX-USD
Ondo Perps MINIMAX-USD.P
Aevo MINIMAX-PERP
Aster MINIMAXUSDT
tradeXYZ xyz:MINIMAX
KuCoin MINIMAXUSDTMShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINIMAXUSDT | +0.0393% | 8h | 38.370 | −0.180% | $942K | $1.1M | 25x | as long as short |
| Extended MINIMAX-USD | +0.0856% | 1h | 38.361 | −0.203% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDT | +0.0858% | 4h | 38.344 | −0.247% | $6.4M | $31.3M | 25x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.0900% | 4h | 38.661 | +0.578% | $721 | $126K | 10x | as long as short |
| Bitget MINIMAXUSDT | +0.0941% | 8h | 38.351 | −0.229% | $1.3M | $2.6M | 20x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1265% | 8h | 38.440 | +0.003% | $2.6M | $8.6M | 20x | as long as short |
| edgeX MINIMAXUSDC | +0.1389% | 4h | 38.661 | +0.577% | $29K | $183K | 10x | as long as short |
Bybit MINIMAXUSDT
Extended MINIMAX-USD
Binance MINIMAXUSDT
GRVT MINIMAX_USDT_Perp
Bitget MINIMAXUSDT
OKX MINIMAX-USDT-SWAP
edgeX MINIMAXUSDC