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+0.0291%/8h= +31.8% APRpaid last 24h −0.010%
Price spread now: Aster against SoDEX−0.065%45s7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding pays, the price is against you. Aster is 0.065% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.065% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 18 hours of funding at the current rate (+$9 a day). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX MINIMAX-USD39.6490.0050pay 0.0006% / 1h6m 31s$100K$4K10x
ShortAster MINIMAXUSDT39.6230.0341get 0.0341% / 8h1h 06m$34K$152K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against SoDEX. 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
$61.07
Price spread: −0.065% → 0.000%
−$6.51
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
$38.56
Costs to cover
0.160%
Break-even
2.6 days
Slippage unknown: SoDEX: no order-book sample; Aster: live order book, 10 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 SoDEX no order-book sample
Sell Aster live order book, 10 min ago30.22 bp71.8 bp −$72doesn't fitdoesn't fitdoesn't fit
SoDEX: 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%4h39.690+0.103%$16$3.9M10xas long as short
HTX MINIMAX-USDT0.0000%4h39.657+0.020%$37K$71K20xas long as short
Gate MINIMAX_USDT+0.0004%8h39.680+0.078%$1.2M$6.3M50xas long as short
SoDEX MINIMAX-USDlong+0.0050%1h39.649long leg$100K$4K10x
Lighter MINIMAX+0.0248%1h39.671+0.055%$46K$27K10xas long as short
Aster MINIMAXUSDTshort+0.0341%8h39.623−0.065%$34K$152K20x
Aevo MINIMAX-PERP+0.0872%1h39.681+0.081%10xas long as short
Bybit MINIMAXUSDT+0.0974%8h39.660+0.028%$938K$1.4M25xas long as short
tradeXYZ xyz:MINIMAX+0.1104%1h39.619−0.076%$4.6M$2.9M10xas long as short
OKX MINIMAX-USDT-SWAP+0.1662%8h39.670+0.053%$1.6M$9.6M20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MINIMAXUSDT+0.1662%8h39.638−0.028%$1.3M$2.8M20xas long as short
KuCoin MINIMAXUSDTM+0.1756%4h39.640−0.023%$100K$44K20xas long as short
GRVT MINIMAX_USDT_Perp+0.2224%4h39.640−0.023%$291$139K10xas long as short
edgeX MINIMAXUSDC+0.2246%4h39.632−0.044%$30K$187K10xas long as short
Binance MINIMAXUSDT+0.2511%4h39.640−0.023%$6.3M$35.2M25xas long as short
Extended MINIMAX-USD+0.2544%1h39.632−0.043%$3K10xas long as short
Ondo Perps MINIMAX-USD.P+0.2618%1h39.640−0.023%$30K$49K5xas long as short