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

MINIMAX

RWAall MINIMAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.1118%/8h= +122.4% APRnext payment +$1.40 per $10,000 · paid last 24h +0.089%
Price spread now: Lighter against SoDEX+0.068%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Lighter is 0.068% dearer against SoDEX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX MINIMAX-USD36.9640.0050pay 0.0006% / 1h45m 55s$93K$3K10x
ShortLighter MINIMAX36.9890.1168get 0.0146% / 1h45m 55s$41K$11K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$234.78
Price spread: +0.068% → 0.000%
$6.76
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
$233.54
Costs to cover
0.080%
Break-even
0.0 days
Slippage unknown: SoDEX: 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
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX no order-book sample
Sell Lighter no order-book sample
SoDEX 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 exchanges

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%4h36.980+0.043%$15$1.1M10xas long as short
HTX MINIMAX-USDT0.0000%4h36.986+0.060%$45K$256K20xas long as short
SoDEX MINIMAX-USDlong+0.0050%1h36.964long leg$93K$3K10x
Aevo MINIMAX-PERP+0.0376%1h36.981+0.046%10xas long as short
Aster MINIMAXUSDT+0.0393%8h36.862−0.276%$33K$5K20xas long as short
Gate MINIMAX_USDT+0.0724%8h37.010+0.124%$1.3M$2.9M50xas long as short
KuCoin MINIMAXUSDTM+0.0874%4h37.010+0.124%$112K$218K20xas long as short
Lighter MINIMAXshort+0.1168%1h36.989+0.068%$41K$11K10x
Bitget MINIMAXUSDT+0.1191%8h36.976+0.032%$1.2M$2.7M20xas long as short
Bybit MINIMAXUSDT+0.1457%8h37.010+0.124%$953K$900K25xas long as short
Show all 17 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MINIMAXUSDC+0.1474%4h36.983+0.050%$28K$182K10xas long as short
OKX MINIMAX-USDT-SWAP+0.1579%8h37.020+0.151%$2.9M$8.0M20xas long as short
Binance MINIMAXUSDT+0.2021%4h36.940−0.065%$6.4M$29.7M25xas long as short
Extended MINIMAX-USD+0.2024%1h36.928−0.098%$3K$92010xas long as short
tradeXYZ xyz:MINIMAX+0.2029%1h36.936−0.076%$4.9M$3.3M10xas long as short
GRVT MINIMAX_USDT_Perp+0.2394%4h37.040+0.205%$197$113K10xas long as short
Ondo Perps MINIMAX-USD.P+0.3417%1h37.030+0.179%$22K$57K5xas long as short