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 01:00 UTC+0.1505%/8h= +164.8% APRpaid last 24h −0.025%
Price spread now: Bitget against tradeXYZ0.000%7-day average +0.055% · 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 7 days−0.306%−$31 on $10k
Price spread, last 7 days+0.178%+$18 · spread now 0.000%, 7d avg +0.055%
Together, before fees−0.128%+ Points / potential airdroptradeXYZ: Active · farm board−$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.055% cheaper against tradeXYZ than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.055%). If the spread goes back, that is −$5 on $10k: about 3 hours of funding at the current rate (+$45 a day). Mind the row above: over the last 7 days funding on this pair cost −0.306%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.306% in total (about -16.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:MINIMAX39.573−0.0579get 0.0072% / 1h24m 24s$4.6M$3.0M10x
ShortBitget MINIMAXUSDT39.5730.0926get 0.0926% / 8h7h 24m$1.2M$2.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against tradeXYZ. 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
$316.08
Price spread: 0.000% → +0.055%
−$5.49
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Bitget: 6 bp × 2 orders
−$12
Net
$280.59
Costs to cover
0.300%
Break-even
0.8 days
Slippage unknown: tradeXYZ: live order book, 4 min ago; Bitget: live order book, 3 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 tradeXYZ live order book, 4 min ago1.26 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago3.16 bp24.8 bp −$2535.2 bp −$352doesn't fitdoesn't fit

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
tradeXYZ xyz:MINIMAXlong−0.0579%1h39.573long leg$4.6M$3.0M10x
GRVT MINIMAX_USDT_Perp−0.0420%4h39.550−0.059%$393$133K10xas long as short
Bybit MINIMAXUSDT0.0000%8h39.580+0.018%$936K$1.4M25xas long as short
Gate MINIMAX_USDT0.0000%8h39.590+0.043%$1.2M$6.2M50xas long as short
SunX MINIMAX-USDT0.0000%4h39.620+0.119%$16$3.8M10xas long as short
HTX MINIMAX-USDT0.0000%4h39.646+0.184%$37K$69K20xas long as short
Lighter MINIMAX+0.0032%1h39.572−0.003%$46K$27K10xas long as short
SoDEX MINIMAX-USD+0.0050%1h39.580+0.018%$99K$4K10xas long as short
Ondo Perps MINIMAX-USD.P+0.0050%1h39.440−0.336%$30K$48K5xas long as short
KuCoin MINIMAXUSDTM+0.0100%4h39.590+0.043%$100K$43K20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MINIMAXUSDT+0.0157%8h39.597+0.060%$35K$152K20xas long as short
Binance MINIMAXUSDT+0.0198%4h39.590+0.043%$6.5M$35.6M25xas long as short
Extended MINIMAX-USD+0.0208%1h39.581+0.020%$3K10xas long as short
Aevo MINIMAX-PERP+0.0488%1h39.578+0.013%10xas long as short
edgeX MINIMAXUSDC+0.0892%4h39.561−0.029%$30K$187K10xas long as short
Bitget MINIMAXUSDTshort+0.0926%8h39.5730.000%$1.2M$2.8M20x
OKX MINIMAX-USDT-SWAP+0.1102%8h39.620+0.119%$1.7M$9.6M20xas long as short