MINIMAX

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0153%/8h= +16.7% APRnext payment +$0.19 per $10,000 · paid last 24h +0.203%

Price spread now: tradeXYZ against SoDEX+0.026%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on tradeXYZ

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and tradeXYZ is 0.026% dearer against SoDEX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX MINIMAX-USD	37.746	0.0050	pay 0.0006% / 1h	38m 46s	$95K	$3K	10x
Short	tradeXYZ xyz:MINIMAX	37.756	0.0203	get 0.0025% / 1h	38m 46s	$4.4M	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Position, each leg$Hold fordaysFee SoDEXbpFee tradeXYZbpOrdersPrice spread, now +0.026%Rate

Funding earned: $32.03
Price spread: +0.026% → 0.000%: $2.65
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $8.68
Costs to cover: 0.260%
Break-even: 5.1 days

Slippage unknown: SoDEX: no order-book sample; tradeXYZ: live order book, 9 min ago. 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 SoDEX no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 9 min ago	1.19 bp	17.1 bp −$17	doesn't fit	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate MINIMAX_USDT	0.0000%	8h	37.800	+0.143%	$1.4M	$3.8M	50x	as long as short
GRVT MINIMAX_USDT_Perp	0.0000%	4h	37.790	+0.117%	$451	$126K	10x	as long as short
SunX MINIMAX-USDT	0.0000%	4h	37.780	+0.090%	$15	$2.3M	10x	as long as short
HTX MINIMAX-USDT	0.0000%	4h	37.757	+0.029%	$42K	$219K	20x	as long as short
Lighter MINIMAX	+0.0032%	1h	37.755	+0.024%	$42K	$25K	10x	as long as short
SoDEX MINIMAX-USDlong	+0.0050%	1h	37.746	long leg	$95K	$3K	10x
Ondo Perps MINIMAX-USD.P	+0.0050%	1h	37.640	−0.281%	$26K	$41K	5x	as long as short
Aevo MINIMAX-PERP	+0.0104%	1h	37.788	+0.111%	—	—	10x	as long as short
Bybit MINIMAXUSDT	+0.0156%	8h	37.780	+0.090%	$927K	$1.1M	25x	as long as short
tradeXYZ xyz:MINIMAXshort	+0.0203%	1h	37.756	+0.026%	$4.4M	$2.9M	10x

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX MINIMAXUSDC	+0.0225%	4h	37.762	+0.043%	$28K	$182K	10x	as long as short
Aster MINIMAXUSDT	+0.0245%	8h	37.800	+0.142%	$34K	$150K	20x	as long as short
KuCoin MINIMAXUSDTM	+0.0374%	4h	37.780	+0.090%	$100K	$39K	20x	as long as short
Extended MINIMAX-USD	+0.0616%	1h	37.736	−0.028%	$3K	—	10x	as long as short
Binance MINIMAXUSDT	+0.0618%	4h	37.745	−0.003%	$6.3M	$30.9M	25x	as long as short
Bitget MINIMAXUSDT	+0.0669%	8h	37.745	−0.003%	$1.3M	$2.7M	20x	as long as short
OKX MINIMAX-USDT-SWAP	+0.1243%	8h	37.760	+0.037%	$2.6M	$8.3M	20x	as long as short