Settings8H · net · $10k
Funding arb · Price arb /

MINIMAX

RWAall MINIMAX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0392%/8h= −42.9% APRpaid last 24h +0.147%
Price spread now: Ondo Perps against edgeX+0.099%54s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · Ondo Perps: Active · farm boardneeds both histories
The price spread pays, funding is against you. Ondo Perps is 0.099% dearer against edgeX than usual: you sell high and buy low (spread +0.099% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 20 hours. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MINIMAXUSDC36.5140.0442pay 0.0221% / 4h32m 36s$27K$183K10x
ShortOndo Perps MINIMAX-USD.P36.5500.0050get 0.0006% / 1h32m 36s$23K$52K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against edgeX. 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
−$82.23
Price spread: +0.099% → 0.000%
$9.88
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$86.35
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 4 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 4 min ago13.70 bp26.3 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX MINIMAX-USDT0.0000%4h36.550+0.099%$15$1.4M10xas long as short
HTX MINIMAX-USDT0.0000%4h36.521+0.019%$49K$232K20xas long as short
Lighter MINIMAX+0.0048%1h36.555+0.112%$41K$23K10xas long as short
SoDEX MINIMAX-USD+0.0050%1h36.496−0.049%$92K$3K10xas long as short
Ondo Perps MINIMAX-USD.Pshort+0.0050%1h36.550+0.099%$23K$52K5x
Aevo MINIMAX-PERP+0.0104%1h36.517+0.008%10xas long as short
tradeXYZ xyz:MINIMAX+0.0321%1h36.503−0.030%$4.8M$3.3M10xas long as short
Gate MINIMAX_USDT+0.0367%8h36.570+0.154%$1.3M$2.9M50xas long as short
Bybit MINIMAXUSDT+0.0393%8h36.550+0.099%$920K$969K25xas long as short
edgeX MINIMAXUSDClong+0.0442%4h36.514long leg$27K$183K10x
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MINIMAXUSDT+0.0594%8h36.497−0.047%$32K$6K20xas long as short
Bitget MINIMAXUSDT+0.0708%8h36.510−0.011%$1.2M$2.7M20xas long as short
KuCoin MINIMAXUSDTM+0.0752%4h36.560+0.126%$96K$35K20xas long as short
GRVT MINIMAX_USDT_Perp+0.0770%4h36.487−0.073%$1K$123K10xas long as short
Binance MINIMAXUSDT+0.0860%4h36.520+0.017%$6.4M$30.4M25xas long as short
Extended MINIMAX-USD+0.0864%1h36.510−0.011%$3K10xas long as short
OKX MINIMAX-USDT-SWAP+0.1410%8h36.540+0.071%$2.8M$8.0M20xas long as short