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 05:00 UTC−0.0163%/8h= −17.9% APRpaid last 24h −0.218%
Price spread now: HTX against tradeXYZ+0.034%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$790.791% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.420%−$42 on $10k
Price spread, last 4 days (all we have)+0.216%+$22 · spread now +0.034%, 7d avg +0.045%
Together, before fees−0.203%+ Points / potential airdroptradeXYZ: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.045%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:MINIMAX37.7440.0163pay 0.0020% / 1h37m 51s$4.4M$2.9M10x
ShortHTX MINIMAX-USDT37.7570get 0.0000% / 4h3h 37m$42K$219K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$34.31
Price spread: +0.034% → +0.045%
−$1.06
Slippage, 4 orders
−$49.14
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee HTX: 6 bp × 2 orders
−$12
Net
−$114.52
Costs to cover
0.791%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 10 min ago; HTX: live order book, 51 min ago.

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, 10 min ago1.19 bp17.9 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 51 min ago2.36 bp20.0 bp −$2066.5 bp −$665doesn'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
Gate MINIMAX_USDT0.0000%8h37.780+0.095%$1.4M$3.8M50xas long as short
GRVT MINIMAX_USDT_Perp0.0000%4h37.790+0.122%$451$126K10xas long as short
SunX MINIMAX-USDT0.0000%4h37.750+0.016%$15$2.3M10xas long as short
HTX MINIMAX-USDTshort0.0000%4h37.757+0.034%$42K$219K20x
Lighter MINIMAX+0.0032%1h37.750+0.016%$42K$25K10xas long as short
SoDEX MINIMAX-USD+0.0050%1h37.738−0.016%$95K$3K10xas long as short
Ondo Perps MINIMAX-USD.P+0.0050%1h37.640−0.276%$26K$41K5xas long as short
Aevo MINIMAX-PERP+0.0104%1h37.765+0.055%10xas long as short
Bybit MINIMAXUSDT+0.0151%8h37.760+0.042%$927K$1.1M25xas long as short
tradeXYZ xyz:MINIMAXlong+0.0163%1h37.744long leg$4.4M$2.9M10x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX MINIMAXUSDC+0.0225%4h37.762+0.048%$28K$182K10xas long as short
Aster MINIMAXUSDT+0.0241%8h37.786+0.112%$33K$150K20xas long as short
KuCoin MINIMAXUSDTM+0.0360%4h37.750+0.016%$100K$39K20xas long as short
Binance MINIMAXUSDT+0.0598%4h37.729−0.040%$6.3M$30.9M25xas long as short
Extended MINIMAX-USD+0.0600%1h37.722−0.057%$3K10xas long as short
Bitget MINIMAXUSDT+0.0660%8h37.725−0.050%$1.3M$2.7M20xas long as short
OKX MINIMAX-USDT-SWAP+0.1235%8h37.730−0.037%$2.6M$8.3M20xas long as short