Funding arb · Price arb /

MINIMAX

RWAall MINIMAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.1143%/8h= −125.2% APRpaid last 24h −0.189%

Price spread now: SoDEX against Bitget−0.016%7-day average — · you buy dearer than you sell

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

Long on Bitget Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$34 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget MINIMAXUSDT	36.963	0.1193	pay 0.1193% / 8h	5h 44m	$1.2M	$2.7M	20x
Short	SoDEX MINIMAX-USD	36.957	0.0050	get 0.0006% / 1h	44m 19s	$93K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Bitget. 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 BitgetbpFee SoDEXbpOrdersPrice spread, now −0.016%Rate

Funding earned: −$240.03
Price spread: −0.016% → 0.000%: −$1.62
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$261.65
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 1 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 Bitget live order book, 1 min ago	1.76 bp	15.0 bp −$15	32.3 bp −$323	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 exchanges

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	36.970	+0.019%	$15	$1.1M	10x	as long as short
HTX MINIMAX-USDT	0.0000%	4h	36.965	+0.005%	$45K	$256K	20x	as long as short
SoDEX MINIMAX-USDshort	+0.0050%	1h	36.957	−0.016%	$93K	$3K	10x
Aevo MINIMAX-PERP	+0.0384%	1h	36.975	+0.033%	—	—	10x	as long as short
Aster MINIMAXUSDT	+0.0388%	8h	36.868	−0.258%	$33K	$5K	20x	as long as short
Gate MINIMAX_USDT	+0.0710%	8h	36.980	+0.046%	$1.3M	$2.9M	50x	as long as short
KuCoin MINIMAXUSDTM	+0.0886%	4h	36.950	−0.035%	$112K	$220K	20x	as long as short
Lighter MINIMAX	+0.1128%	1h	36.974	+0.030%	$41K	$11K	10x	as long as short
Bitget MINIMAXUSDTlong	+0.1193%	8h	36.963	long leg	$1.2M	$2.7M	20x
Bybit MINIMAXUSDT	+0.1433%	8h	37.000	+0.100%	$953K	$900K	25x	as long as short

Show all 17 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
OKX MINIMAX-USDT-SWAP	+0.1578%	8h	37.000	+0.100%	$2.9M	$8.0M	20x	as long as short
tradeXYZ xyz:MINIMAX	+0.1976%	1h	36.928	−0.095%	$4.9M	$3.3M	10x	as long as short
Binance MINIMAXUSDT	+0.2023%	4h	36.950	−0.035%	$6.4M	$29.7M	25x	as long as short
Extended MINIMAX-USD	+0.2024%	1h	36.938	−0.068%	$3K	$920	10x	as long as short
GRVT MINIMAX_USDT_Perp	+0.2410%	4h	36.981	+0.048%	$197	$113K	10x	as long as short
edgeX MINIMAXUSDC	+0.2944%	4h	36.967	+0.010%	$28K	$183K	10x	as long as short
Ondo Perps MINIMAX-USD.P	+0.3369%	1h	36.960	−0.008%	$22K	$57K	5x	as long as short