Funding arb · Price arb /

MINIMAX

RWAall MINIMAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.035%

Price spread now: Extended against Binance−0.025%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Extended

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

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

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.025% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it 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	Binance MINIMAXUSDT	36.697	0.1004	pay 0.0502% / 4h	1h 39m	$6.3M	$32.5M	25x
Short	Extended MINIMAX-USD	36.688	0.1008	get 0.0126% / 1h	39m 18s	$3K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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 BinancebpFee ExtendedbpOrdersPrice spread, now −0.025%Rate

Funding earned: $0.84
Price spread: −0.025% → 0.000%: −$2.53
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$16.69
Costs to cover: 0.150%
Break-even: 146.1 days

Slippage unknown: Binance: live order book, 2 min ago; Extended: 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 Binance live order book, 2 min ago	1.36 bp	11.5 bp −$12	36.3 bp −$363	159.3 bp −$15.9K	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

Extended: 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
SunX MINIMAX-USDT	0.0000%	4h	36.740	+0.116%	$15	$2.0M	10x	as long as short
HTX MINIMAX-USDT	0.0000%	4h	36.679	−0.050%	$47K	$234K	20x	as long as short
SoDEX MINIMAX-USD	+0.0050%	1h	36.685	−0.034%	$92K	$3K	10x	as long as short
Aevo MINIMAX-PERP	+0.0104%	1h	36.693	−0.012%	—	—	10x	as long as short
Gate MINIMAX_USDT	+0.0253%	8h	36.720	+0.062%	$1.2M	$3.3M	50x	as long as short
Ondo Perps MINIMAX-USD.P	+0.0388%	1h	36.810	+0.307%	$23K	$51K	5x	as long as short
Lighter MINIMAX	+0.0504%	1h	36.699	+0.005%	$41K	$25K	10x	as long as short
Bybit MINIMAXUSDT	+0.0548%	8h	36.660	−0.102%	$911K	$1.1M	25x	as long as short
Aster MINIMAXUSDT	+0.0634%	8h	36.784	+0.235%	$33K	$46K	20x	as long as short
tradeXYZ xyz:MINIMAX	+0.0686%	1h	36.649	−0.132%	$4.5M	$3.3M	10x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MINIMAXUSDT	+0.0783%	8h	36.689	−0.023%	$1.2M	$2.8M	20x	as long as short
KuCoin MINIMAXUSDTM	+0.0784%	4h	36.710	+0.034%	$96K	$37K	20x	as long as short
Binance MINIMAXUSDTlong	+0.1004%	4h	36.697	long leg	$6.3M	$32.5M	25x
Extended MINIMAX-USDshort	+0.1008%	1h	36.688	−0.025%	$3K	—	10x
edgeX MINIMAXUSDC	+0.1132%	4h	36.692	−0.015%	$28K	$183K	10x	as long as short
GRVT MINIMAX_USDT_Perp	+0.1306%	4h	36.701	+0.010%	$373	$127K	10x	as long as short
OKX MINIMAX-USDT-SWAP	+0.1446%	8h	36.730	+0.089%	$2.8M	$8.5M	20x	as long as short