Funding you earn now, next payment 01:00 UTC+0.1005%/8h= +110.1% APRpaid last 24h +0.122%
Price spread now: OKX against Lighter+0.123%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+0.127%+$13 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 for this trade now. Funding pays +$30 a day on $10k at the current rate, and OKX is 0.123% dearer against Lighter than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.127% in total (about 6.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MINIMAX | 39.771 | 0.0032 | pay 0.0004% / 1h | 2m 01s | $46K | $27K | 10x |
| Short | OKX MINIMAX-USDT-SWAP | 39.820 | 0.1037 | get 0.1037% / 8h | 7h 02m | $1.7M | $9.6M | 20x |
Lighter MINIMAX
OKX MINIMAX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $211.06
- Price spread: +0.123% → 0.000%
- $12.32
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $213.38
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago | 2.51 bp | 23.3 bp −$23 | 160.1 bp −$1,601 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MINIMAXUSDC | −0.0338% | 4h | 39.807 | +0.091% | $30K | $187K | 10x | as long as short |
| tradeXYZ xyz:MINIMAX | −0.0081% | 1h | 39.768 | −0.008% | $4.7M | $3.0M | 10x | as long as short |
| Bybit MINIMAXUSDT | 0.0000% | 8h | 39.780 | +0.023% | $944K | $1.4M | 25x | as long as short |
| Gate MINIMAX_USDT | 0.0000% | 8h | 39.780 | +0.023% | $1.2M | $6.2M | 50x | as long as short |
| GRVT MINIMAX_USDT_Perp | 0.0000% | 4h | 39.780 | +0.023% | $512 | $131K | 10x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 39.800 | +0.073% | $16 | $3.8M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 39.803 | +0.080% | $37K | $70K | 20x | as long as short |
| Lighter MINIMAXlong | +0.0032% | 1h | 39.771 | long leg | $46K | $27K | 10x | |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 39.766 | −0.013% | $100K | $4K | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0050% | 1h | 39.790 | +0.048% | $31K | $50K | 5x | as long as short |
edgeX MINIMAXUSDC
tradeXYZ xyz:MINIMAX
Bybit MINIMAXUSDT
Gate MINIMAX_USDT
GRVT MINIMAX_USDT_Perp
SunX MINIMAX-USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
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 | +0.0088% | 1h | 39.768 | −0.009% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDT | +0.0091% | 4h | 39.776 | +0.013% | $6.6M | $35.7M | 25x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0100% | 4h | 39.700 | −0.179% | $100K | $44K | 20x | as long as short |
| Aster MINIMAXUSDT | +0.0104% | 8h | 39.677 | −0.237% | $35K | $152K | 20x | as long as short |
| Aevo MINIMAX-PERP | +0.0448% | 1h | 39.770 | −0.002% | — | — | 10x | as long as short |
| Bitget MINIMAXUSDT | +0.0899% | 8h | 39.771 | 0.000% | $1.3M | $2.8M | 20x | as long as short |
| OKX MINIMAX-USDT-SWAPshort | +0.1037% | 8h | 39.820 | +0.123% | $1.7M | $9.6M | 20x |
Extended MINIMAX-USD
Binance MINIMAXUSDT
KuCoin MINIMAXUSDTM
Aster MINIMAXUSDT
Aevo MINIMAX-PERP
Bitget MINIMAXUSDT