Settings8H · net · $10k
Funding arb · Price arb /

MINIMAX

RWAall MINIMAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0798%/8h= +87.3% APRnext payment +$1.00 per $10,000 · paid last 24h −0.090%
Price spread now: Extended against Ondo Perps+0.165%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · Extended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Extended is 0.165% dearer against Ondo Perps than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps MINIMAX-USD.P36.4900.0050pay 0.0006% / 1h13m 14s$23K$53K5x
ShortExtended MINIMAX-USD36.5500.0848get 0.0106% / 1h13m 14s$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Ondo Perps. 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

Funding earned
$167.5
Price spread: +0.165% → 0.000%
$16.48
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$173.97
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Extended no order-book sample
Ondo Perps 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX MINIMAX-USDT0.0000%4h36.600+0.301%$15$1.3M10xas long as short
HTX MINIMAX-USDT0.0000%4h36.556+0.181%$49K$232K20xas long as short
Lighter MINIMAX+0.0040%1h36.544+0.148%$41K$23K10xas long as short
SoDEX MINIMAX-USD+0.0050%1h36.539+0.134%$92K$3K10xas long as short
Ondo Perps MINIMAX-USD.Plong+0.0050%1h36.490long leg$23K$53K5x
Aevo MINIMAX-PERP+0.0104%1h36.551+0.168%10xas long as short
tradeXYZ xyz:MINIMAX+0.0306%1h36.504+0.038%$4.8M$3.3M10xas long as short
Bybit MINIMAXUSDT+0.0353%8h36.560+0.192%$925K$924K25xas long as short
Gate MINIMAX_USDT+0.0412%8h36.590+0.274%$1.3M$2.9M50xas long as short
Aster MINIMAXUSDT+0.0582%8h36.488−0.004%$32K$6K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT MINIMAX_USDT_Perp+0.0692%4h36.551+0.168%$323$121K10xas long as short
Bitget MINIMAXUSDT+0.0703%8h36.530+0.110%$1.2M$2.7M20xas long as short
KuCoin MINIMAXUSDTM+0.0776%4h36.560+0.192%$96K$54K20xas long as short
Extended MINIMAX-USDshort+0.0848%1h36.550+0.165%$3K10x
Binance MINIMAXUSDT+0.0849%4h36.540+0.137%$6.4M$29.9M25xas long as short
edgeX MINIMAXUSDC+0.1383%4h36.554+0.176%$27K$184K10xas long as short
OKX MINIMAX-USDT-SWAP+0.1412%8h36.550+0.164%$2.8M$8.0M20xas long as short