Funding you earn now, next payment 07:00 UTC−0.0901%/8h= −98.7% APRpaid last 24h −0.093%
Price spread now: Lighter against OKX+0.085%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−0.071%−$7 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. Lighter is 0.085% dearer against OKX than usual: you sell high and buy low (spread +0.085% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.071% in total) that is about 8.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.071% in total (about -3.7% 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 | OKX MINIMAX-USDT-SWAP | 36.670 | 0.1445 | pay 0.1445% / 8h | 1h 41m | $2.8M | $8.4M | 20x |
| Short | Lighter MINIMAX | 36.701 | 0.0544 | get 0.0068% / 1h | 41m 00s | $41K | $25K | 10x |
OKX MINIMAX-USDT-SWAP
Lighter MINIMAXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against OKX. 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
- −$189.26
- Price spread: +0.085% → 0.000%
- $8.45
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$190.8
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 2 min ago; Lighter: 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 OKX live order book, 2 min ago | 5.45 bp | 18.2 bp −$18 | 149.4 bp −$1,494 | doesn't fit | doesn't fit |
| Sell Lighter no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| SunX MINIMAX-USDT | 0.0000% | 4h | 36.780 | +0.300% | $15 | $2.0M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 36.695 | +0.068% | $47K | $234K | 20x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 36.671 | +0.003% | $92K | $3K | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 36.740 | +0.190% | — | — | 10x | as long as short |
| Gate MINIMAX_USDT | +0.0255% | 8h | 36.720 | +0.136% | $1.2M | $3.3M | 50x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0421% | 1h | 36.610 | −0.164% | $23K | $51K | 5x | as long as short |
| Lighter MINIMAXshort | +0.0544% | 1h | 36.701 | +0.085% | $41K | $25K | 10x | |
| Bybit MINIMAXUSDT | +0.0551% | 8h | 36.650 | −0.055% | $911K | $1.1M | 25x | as long as short |
| Aster MINIMAXUSDT | +0.0632% | 8h | 36.752 | +0.223% | $33K | $46K | 20x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0725% | 1h | 36.620 | −0.136% | $4.5M | $3.4M | 10x | as long as short |
SunX MINIMAX-USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
Aevo MINIMAX-PERP
Gate MINIMAX_USDT
Ondo Perps MINIMAX-USD.P
Bybit MINIMAXUSDT
Aster MINIMAXUSDT
tradeXYZ xyz:MINIMAXShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MINIMAXUSDTM | +0.0782% | 4h | 36.690 | +0.055% | $96K | $37K | 20x | as long as short |
| Bitget MINIMAXUSDT | +0.0783% | 8h | 36.663 | −0.019% | $1.2M | $2.8M | 20x | as long as short |
| edgeX MINIMAXUSDC | +0.0952% | 4h | 36.674 | +0.012% | $28K | $184K | 10x | as long as short |
| Extended MINIMAX-USD | +0.1000% | 1h | 36.655 | −0.041% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDT | +0.1003% | 4h | 36.666 | −0.012% | $6.3M | $32.5M | 25x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.1330% | 4h | 36.706 | +0.099% | $373 | $127K | 10x | as long as short |
| OKX MINIMAX-USDT-SWAPlong | +0.1445% | 8h | 36.670 | long leg | $2.8M | $8.4M | 20x |
KuCoin MINIMAXUSDTM
Bitget MINIMAXUSDT
edgeX MINIMAXUSDC
Extended MINIMAX-USD
Binance MINIMAXUSDT
GRVT MINIMAX_USDT_Perp