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

MINIMAX

RWAall MINIMAX markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0565%/8h= +61.9% APRnext payment +$0.71 per $10,000 · paid last 24h +0.305%
Price spread now: Ondo Perps against SoDEX−0.038%81s7-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 airdropOndo Perps: Active · farm boardneeds both histories
Funding pays, the price is against you. Ondo Perps is 0.038% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.038% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 5 hours of funding at the current rate (+$17 a day). The two prices were read 81 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX MINIMAX-USD37.0140.0050pay 0.0006% / 1h52m 47s$93K$3K10x
ShortOndo Perps MINIMAX-USD.P37.0000.0615get 0.0077% / 1h52m 47s$23K$51K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$118.69
Price spread: −0.038% → 0.000%
−$3.78
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$101.91
Costs to cover
0.130%
Break-even
1.0 days
Slippage unknown: SoDEX: no order-book sample; Ondo Perps: 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 Ondo Perps no order-book sample
SoDEX and 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%4h37.080+0.178%$15$2.0M10xas long as short
HTX MINIMAX-USDT0.0000%4h37.066+0.140%$48K$234K20xas long as short
SoDEX MINIMAX-USDlong+0.0050%1h37.014long leg$93K$3K10x
Aevo MINIMAX-PERP+0.0104%1h37.024+0.028%10xas long as short
Gate MINIMAX_USDT+0.0202%8h37.110+0.259%$1.4M$3.2M50xas long as short
Bybit MINIMAXUSDT+0.0514%8h37.040+0.070%$919K$1.1M25xas long as short
Lighter MINIMAX+0.0560%1h37.043+0.078%$41K$25K10xas long as short
Aster MINIMAXUSDT+0.0584%8h37.102+0.238%$33K$46K20xas long as short
Ondo Perps MINIMAX-USD.Pshort+0.0615%1h37.000−0.038%$23K$51K5x
KuCoin MINIMAXUSDTM+0.0684%4h37.050+0.097%$98K$38K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget MINIMAXUSDT+0.0743%8h37.067+0.143%$1.2M$2.8M20xas long as short
Binance MINIMAXUSDT+0.0910%4h37.050+0.097%$6.4M$32.6M25xas long as short
Extended MINIMAX-USD+0.0912%1h37.040+0.070%$3K10xas long as short
tradeXYZ xyz:MINIMAX+0.0914%1h37.010−0.011%$4.5M$3.3M10xas long as short
GRVT MINIMAX_USDT_Perp+0.1344%4h37.060+0.124%$865$127K10xas long as short
OKX MINIMAX-USDT-SWAP+0.1414%8h37.060+0.124%$2.8M$8.5M20xas long as short
edgeX MINIMAXUSDC+0.1510%4h37.032+0.049%$28K$183K10xas long as short