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

MINIMAX

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
Funding, last 5 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 · 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps MINIMAX-USD.P39.4800.2975pay 0.0372% / 1h15m 05s$30K$48K5x
ShortGate MINIMAX_USDT39.6500.0026get 0.0026% / 8h1h 15m$1.2M$6.3M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Gate live order book, 3 min ago6.31 bp32.2 bp −$32234.9 bp −$2,349doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX MINIMAX-USDT0.0000%4h39.670+0.481%$16$3.9M10xas long as short
HTX MINIMAX-USDT0.0000%4h39.644+0.415%$37K$70K20xas long as short
Gate MINIMAX_USDTshort+0.0026%8h39.650+0.431%$1.2M$6.3M50x
SoDEX MINIMAX-USD+0.0050%1h39.625+0.367%$99K$4K10xas long as short
Lighter MINIMAX+0.0328%1h39.663+0.464%$46K$27K10xas long as short
Aster MINIMAXUSDT+0.0364%8h39.617+0.347%$34K$152K20xas long as short
Aevo MINIMAX-PERP+0.0904%1h39.673+0.488%10xas long as short
Bybit MINIMAXUSDT+0.1041%8h39.640+0.405%$938K$1.4M25xas long as short
tradeXYZ xyz:MINIMAX+0.1251%1h39.605+0.317%$4.6M$2.9M10xas long as short
OKX MINIMAX-USDT-SWAP+0.1694%8h39.650+0.431%$1.6M$9.6M20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MINIMAXUSDT+0.1730%8h39.632+0.385%$1.3M$2.8M20xas long as short
KuCoin MINIMAXUSDTM+0.1912%4h39.630+0.380%$100K$44K20xas long as short
GRVT MINIMAX_USDT_Perp+0.2496%4h39.630+0.380%$296$140K10xas long as short
Extended MINIMAX-USD+0.2744%1h39.622+0.359%$3K10xas long as short
Binance MINIMAXUSDT+0.2746%4h39.630+0.380%$6.3M$35.2M25xas long as short
Ondo Perps MINIMAX-USD.Plong+0.2975%1h39.480long leg$30K$48K5x
edgeX MINIMAXUSDC+0.3668%4h39.622+0.360%$30K$188K10xas long as short