MINIMAX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0876%/8h= −95.9% APRnext payment −$1.09 per $10,000 · paid last 24h −0.196%

Price spread now: SoDEX against tradeXYZ+0.066%7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on SoDEX

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

The price spread pays, funding is against you. SoDEX is 0.066% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.066% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 6 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:MINIMAX	37.982	0.0926	pay 0.0116% / 1h	35m 01s	$4.4M	$2.9M	10x
Short	SoDEX MINIMAX-USD	38.007	0.0050	get 0.0006% / 1h	35m 01s	$95K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee tradeXYZbpFee SoDEXbpOrdersPrice spread, now +0.066%Rate

Funding earned: −$183.93
Price spread: +0.066% → 0.000%: $6.58
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$203.35
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 3 min ago; SoDEX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy tradeXYZ live order book, 3 min ago	1.97 bp	14.9 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

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	38.070	+0.232%	$1.4M	$3.8M	50x	as long as short
SunX MINIMAX-USDT	0.0000%	4h	38.110	+0.337%	$15	$2.4M	10x	as long as short
HTX MINIMAX-USDT	0.0000%	4h	38.081	+0.261%	$43K	$218K	20x	as long as short
Lighter MINIMAX	+0.0032%	1h	38.018	+0.095%	$43K	$25K	10x	as long as short
SoDEX MINIMAX-USDshort	+0.0050%	1h	38.007	+0.066%	$95K	$3K	10x
Ondo Perps MINIMAX-USD.P	+0.0050%	1h	38.020	+0.100%	$29K	$38K	5x	as long as short
Aevo MINIMAX-PERP	+0.0184%	1h	38.035	+0.141%	—	—	10x	as long as short
Bybit MINIMAXUSDT	+0.0306%	8h	38.020	+0.100%	$935K	$1.1M	25x	as long as short
Aster MINIMAXUSDT	+0.0342%	8h	38.004	+0.057%	$34K	$150K	20x	as long as short
KuCoin MINIMAXUSDTM	+0.0468%	4h	38.000	+0.047%	$96K	$35K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT MINIMAX_USDT_Perp	+0.0810%	4h	38.071	+0.233%	$201	$125K	10x	as long as short
Binance MINIMAXUSDT	+0.0861%	4h	38.000	+0.049%	$6.4M	$31.2M	25x	as long as short
Extended MINIMAX-USD	+0.0864%	1h	37.992	+0.025%	$3K	—	10x	as long as short
Bitget MINIMAXUSDT	+0.0885%	8h	38.019	+0.097%	$1.3M	$2.6M	20x	as long as short
tradeXYZ xyz:MINIMAXlong	+0.0926%	1h	37.982	long leg	$4.4M	$2.9M	10x
edgeX MINIMAXUSDC	+0.1044%	4h	38.097	+0.303%	$29K	$183K	10x	as long as short
OKX MINIMAX-USDT-SWAP	+0.1350%	8h	38.100	+0.311%	$2.6M	$8.5M	20x	as long as short