Funding you earn now, next payment 02:00 UTC−0.1974%/8h= −216.2% APRnext payment −$2.47 per $10,000 · paid last 24h −0.041%
Price spread now: SoDEX against Lighter−0.042%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$59 a day on $10k at the current rate, and SoDEX is 0.042% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MINIMAX | 40.248 | 0.2088 | pay 0.0261% / 1h | 39m 23s | $45K | $25K | 10x |
| Short | SoDEX MINIMAX-USD | 40.231 | 0.0114 | get 0.0014% / 1h | 39m 23s | $101K | $4K | 10x |
Lighter MINIMAX
SoDEX MINIMAX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$414.61
- Price spread: −0.042% → 0.000%
- −$4.22
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$426.83
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; SoDEX: live order book, 14 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 SoDEX live order book, 14 min ago | 5.51 bp | 169.1 bp −$169 | doesn't fit | 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 | −0.0370% | 4h | 40.035 | −0.528% | $30K | $187K | 10x | as long as short |
| Gate MINIMAX_USDT | 0.0000% | 8h | 40.210 | −0.094% | $1.2M | $4.4M | 50x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 40.280 | +0.080% | $16 | $3.7M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 40.213 | −0.087% | $75K | $142K | 20x | as long as short |
| SoDEX MINIMAX-USDshort | +0.0114% | 1h | 40.231 | −0.042% | $101K | $4K | 10x | |
| Aster MINIMAXUSDT | +0.0220% | 8h | 39.891 | −0.888% | $35K | $152K | 20x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0426% | 4h | 40.250 | +0.005% | $101K | $43K | 20x | as long as short |
| Aevo MINIMAX-PERP | +0.0512% | 1h | 40.263 | +0.036% | — | — | 10x | as long as short |
| Extended MINIMAX-USD | +0.0912% | 1h | 40.241 | −0.019% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDT | +0.0915% | 4h | 40.220 | −0.070% | $6.8M | $35.6M | 25x | as long as short |
edgeX MINIMAXUSDC
Gate MINIMAX_USDT
SunX MINIMAX-USDT
HTX MINIMAX-USDT
Aster MINIMAXUSDT
KuCoin MINIMAXUSDTM
Aevo MINIMAX-PERP
Extended MINIMAX-USD
Binance MINIMAXUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MINIMAXUSDT | +0.1229% | 8h | 40.229 | −0.047% | $1.4M | $2.7M | 20x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1236% | 8h | 40.290 | +0.104% | $1.8M | $9.8M | 20x | as long as short |
| Bybit MINIMAXUSDT | +0.1629% | 8h | 40.270 | +0.055% | $967K | $1.4M | 25x | as long as short |
| Lighter MINIMAXlong | +0.2088% | 1h | 40.248 | long leg | $45K | $25K | 10x | |
| GRVT MINIMAX_USDT_Perp | +0.2368% | 4h | 40.400 | +0.378% | $13 | $128K | 10x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.3381% | 1h | 40.180 | −0.169% | $4.7M | $3.1M | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.3617% | 1h | 40.270 | +0.055% | $31K | $45K | 5x | as long as short |
Bitget MINIMAXUSDT
OKX MINIMAX-USDT-SWAP
Bybit MINIMAXUSDT
GRVT MINIMAX_USDT_Perp
tradeXYZ xyz:MINIMAX
Ondo Perps MINIMAX-USD.P