Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h −0.239%
Price spread now: Lighter against Ondo Perps−0.063%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 · Lighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Lighter is 0.063% cheaper against Ondo Perps than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps MINIMAX-USD.P | 36.480 | 0.0050 | pay 0.0006% / 1h | 49m 49s | $23K | $51K | 5x |
| Short | Lighter MINIMAX | 36.457 | 0.0032 | get 0.0004% / 1h | 49m 49s | $41K | $23K | 10x |
Ondo Perps MINIMAX-USD.P
Lighter MINIMAXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$3.86
- Price spread: −0.063% → 0.000%
- −$6.3
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$15.17
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
Ondo Perps and 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 | 36.540 | +0.164% | $15 | $1.7M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 36.434 | −0.126% | $49K | $232K | 20x | as long as short |
| Lighter MINIMAXshort | +0.0032% | 1h | 36.457 | −0.063% | $41K | $23K | 10x | |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 36.454 | −0.071% | $91K | $3K | 10x | as long as short |
| Ondo Perps MINIMAX-USD.Plong | +0.0050% | 1h | 36.480 | long leg | $23K | $51K | 5x | |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 36.463 | −0.045% | — | — | 10x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0148% | 1h | 36.416 | −0.175% | $4.7M | $3.2M | 10x | as long as short |
| Gate MINIMAX_USDT | +0.0329% | 8h | 36.490 | +0.027% | $1.3M | $2.8M | 50x | as long as short |
| Bybit MINIMAXUSDT | +0.0400% | 8h | 36.430 | −0.137% | $915K | $1.1M | 25x | as long as short |
| Aster MINIMAXUSDT | +0.0585% | 8h | 36.531 | +0.140% | $33K | $46K | 20x | as long as short |
SunX MINIMAX-USDT
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
Aevo MINIMAX-PERP
tradeXYZ xyz:MINIMAX
Gate MINIMAX_USDT
Bybit MINIMAXUSDT
Aster MINIMAXUSDTShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin MINIMAXUSDTM | +0.0706% | 4h | 36.450 | −0.082% | $96K | $36K | 20x | as long as short |
| Bitget MINIMAXUSDT | +0.0712% | 8h | 36.446 | −0.093% | $1.2M | $2.8M | 20x | as long as short |
| edgeX MINIMAXUSDC | +0.0751% | 4h | 36.678 | +0.541% | $28K | $183K | 10x | as long as short |
| GRVT MINIMAX_USDT_Perp | +0.0820% | 4h | 36.829 | +0.957% | $271 | $126K | 10x | as long as short |
| Extended MINIMAX-USD | +0.0840% | 1h | 36.450 | −0.082% | $3K | — | 10x | as long as short |
| Binance MINIMAXUSDT | +0.0847% | 4h | 36.440 | −0.110% | $6.3M | $31.7M | 25x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1399% | 8h | 36.480 | 0.000% | $2.8M | $8.4M | 20x | as long as short |
KuCoin MINIMAXUSDTM
Bitget MINIMAXUSDT
edgeX MINIMAXUSDC
GRVT MINIMAX_USDT_Perp
Extended MINIMAX-USD
Binance MINIMAXUSDT
OKX MINIMAX-USDT-SWAP