Funding arb · Price arb /

MINIMAX

RWAall MINIMAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0574%/8h= −62.8% APRnext payment −$0.72 per $10,000 · paid last 24h —

Price spread now: Ondo Perps against Aevo−0.424%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

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

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Ondo Perps is 0.424% cheaper against Aevo than usual: you would sell low and buy high (−$42 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo MINIMAX-PERP	39.658	0.0624	pay 0.0078% / 1h	45m 03s	—	—	10x
Short	Ondo Perps MINIMAX-USD.P	39.490	0.0050	get 0.0006% / 1h	45m 03s	$30K	$47K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Aevo. 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 AevobpFee Ondo PerpsbpOrdersPrice spread, now −0.424%Rate

Funding earned: −$120.46
Price spread: −0.424% → 0.000%: −$42.36
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$183.82
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Aevo: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aevo no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Aevo 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:MINIMAX	−0.0631%	1h	39.662	+0.010%	$4.7M	$3.0M	10x	as long as short
GRVT MINIMAX_USDT_Perp	−0.0268%	4h	39.630	−0.071%	$353	$136K	10x	as long as short
Bybit MINIMAXUSDT	0.0000%	8h	39.680	+0.055%	$939K	$1.4M	25x	as long as short
Gate MINIMAX_USDT	0.0000%	8h	39.680	+0.055%	$1.2M	$6.2M	50x	as long as short
SunX MINIMAX-USDT	0.0000%	4h	39.700	+0.106%	$16	$3.8M	10x	as long as short
HTX MINIMAX-USDT	0.0000%	4h	39.678	+0.050%	$38K	$70K	20x	as long as short
Lighter MINIMAX	+0.0032%	1h	39.661	+0.008%	$46K	$27K	10x	as long as short
SoDEX MINIMAX-USD	+0.0050%	1h	39.662	+0.010%	$100K	$4K	10x	as long as short
Ondo Perps MINIMAX-USD.Pshort	+0.0050%	1h	39.490	−0.424%	$30K	$47K	5x
Aster MINIMAXUSDT	+0.0211%	8h	39.671	+0.033%	$34K	$152K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin MINIMAXUSDTM	+0.0448%	4h	39.660	+0.005%	$100K	$43K	20x	as long as short
edgeX MINIMAXUSDC	+0.0498%	4h	39.633	−0.063%	$30K	$188K	10x	as long as short
Aevo MINIMAX-PERPlong	+0.0624%	1h	39.658	long leg	—	—	10x
Extended MINIMAX-USD	+0.0736%	1h	39.662	+0.009%	$3K	—	10x	as long as short
Binance MINIMAXUSDT	+0.0737%	4h	39.670	+0.030%	$6.5M	$35.5M	25x	as long as short
Bitget MINIMAXUSDT	+0.1147%	8h	39.669	+0.028%	$1.3M	$2.8M	20x	as long as short
OKX MINIMAX-USDT-SWAP	+0.1257%	8h	39.730	+0.182%	$1.7M	$9.6M	20x	as long as short