Funding you earn now, next payment 23:00 UTC−0.2949%/8h= −322.9% APRpaid last 24h −0.190%
Price spread now: Gate against Ondo Perps+0.431%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
The price spread pays, funding is against you. Gate is 0.431% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.431% now, against zero (this spread has no 7-day history yet)): +$43 on $10k if it goes back. Holding the pair costs −$88 a day in funding at the current rate, which eats that in about 12 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps MINIMAX-USD.P | 39.480 | 0.2975 | pay 0.0372% / 1h | 15m 05s | $30K | $48K | 5x |
| Short | Gate MINIMAX_USDT | 39.650 | 0.0026 | get 0.0026% / 8h | 1h 15m | $1.2M | $6.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$619.33
- Price spread: +0.431% → 0.000%
- $43.06
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$596.27
- Costs to cover
- 0.200%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; Gate: live order book, 3 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 3 min ago | 6.31 bp | 32.2 bp −$32 | 234.9 bp −$2,349 | doesn't fit | doesn't fit |
Ondo Perps: 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 | 39.670 | +0.481% | $16 | $3.9M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 39.644 | +0.415% | $37K | $70K | 20x | as long as short |
| Gate MINIMAX_USDTshort | +0.0026% | 8h | 39.650 | +0.431% | $1.2M | $6.3M | 50x | |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 39.625 | +0.367% | $99K | $4K | 10x | as long as short |
| Lighter MINIMAX | +0.0328% | 1h | 39.663 | +0.464% | $46K | $27K | 10x | as long as short |
| Aster MINIMAXUSDT | +0.0364% | 8h | 39.617 | +0.347% | $34K | $152K | 20x | as long as short |
| Aevo MINIMAX-PERP | +0.0904% | 1h | 39.673 | +0.488% | — | — | 10x | as long as short |
| Bybit MINIMAXUSDT | +0.1041% | 8h | 39.640 | +0.405% | $938K | $1.4M | 25x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.1251% | 1h | 39.605 | +0.317% | $4.6M | $2.9M | 10x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1694% | 8h | 39.650 | +0.431% | $1.6M | $9.6M | 20x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget MINIMAXUSDT | +0.1730% | 8h | 39.632 | +0.385% | $1.3M | $2.8M | 20x | as long as short |
| KuCoin MINIMAXUSDTM | +0.1912% | 4h | 39.630 | +0.380% | $100K | $44K | 20x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.2496% | 4h | 39.630 | +0.380% | $296 | $140K | 10x | as long as short |
| Extended MINIMAX-USD | +0.2744% | 1h | 39.622 | +0.359% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDT | +0.2746% | 4h | 39.630 | +0.380% | $6.3M | $35.2M | 25x | as long as short |
| Ondo Perps MINIMAX-USD.Plong | +0.2975% | 1h | 39.480 | long leg | $30K | $48K | 5x | |
| edgeX MINIMAXUSDC | +0.3668% | 4h | 39.622 | +0.360% | $30K | $188K | 10x | as long as short |
Gate MINIMAX_USDT
SunX MINIMAX-USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
Lighter MINIMAX
Aster MINIMAXUSDT
Bybit MINIMAXUSDT
tradeXYZ xyz:MINIMAX
OKX MINIMAX-USDT-SWAP
Bitget MINIMAXUSDT
KuCoin MINIMAXUSDTM
GRVT MINIMAX_USDT_Perp
Extended MINIMAX-USD
Binance MINIMAXUSDT
edgeX MINIMAXUSDC