MINIMAX

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0830%/8h= −90.8% APRnext payment −$1.04 per $10,000 · paid last 24h +0.124%

Price spread now: Ondo Perps against Extended−0.052%7-day average — · you buy dearer than you sell

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

Long on Extended Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 5 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 · Ondo Perps: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Ondo Perps is 0.052% cheaper against Extended than usual: you would sell low and buy high (−$5 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	Extended MINIMAX-USD	38.050	0.0880	pay 0.0110% / 1h	11m 30s	$3K	—	10x
Short	Ondo Perps MINIMAX-USD.P	38.030	0.0050	get 0.0006% / 1h	11m 30s	$27K	$42K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Extended. 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 ExtendedbpFee Ondo PerpsbpOrdersPrice spread, now −0.052%Rate

Funding earned: −$174.22
Price spread: −0.052% → 0.000%: −$5.2
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$189.42
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Extended: 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 Extended no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

Extended 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
Gate MINIMAX_USDT	0.0000%	8h	38.080	+0.079%	$1.4M	$3.9M	50x	as long as short
SunX MINIMAX-USDT	0.0000%	4h	38.080	+0.079%	$15	$2.3M	10x	as long as short
HTX MINIMAX-USDT	0.0000%	4h	38.037	−0.034%	$43K	$216K	20x	as long as short
SoDEX MINIMAX-USD	+0.0050%	1h	38.048	−0.005%	$95K	$3K	10x	as long as short
Ondo Perps MINIMAX-USD.Pshort	+0.0050%	1h	38.030	−0.052%	$27K	$42K	5x
Lighter MINIMAX	+0.0096%	1h	38.052	+0.006%	$43K	$25K	10x	as long as short
Aevo MINIMAX-PERP	+0.0152%	1h	38.049	−0.002%	—	—	10x	as long as short
Bybit MINIMAXUSDT	+0.0289%	8h	38.080	+0.079%	$929K	$1.1M	25x	as long as short
Aster MINIMAXUSDT	+0.0374%	8h	38.064	+0.038%	$34K	$150K	20x	as long as short
KuCoin MINIMAXUSDTM	+0.0530%	4h	38.050	+0.001%	$100K	$39K	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	+0.0830%	4h	38.076	+0.070%	$218	$126K	10x	as long as short
Bitget MINIMAXUSDT	+0.0847%	8h	38.073	+0.061%	$1.3M	$2.6M	20x	as long as short
tradeXYZ xyz:MINIMAX	+0.0871%	1h	38.053	+0.008%	$4.4M	$3.0M	10x	as long as short
Binance MINIMAXUSDT	+0.0879%	4h	38.061	+0.030%	$6.4M	$30.9M	25x	as long as short
Extended MINIMAX-USDlong	+0.0880%	1h	38.050	long leg	$3K	—	10x
OKX MINIMAX-USDT-SWAP	+0.1399%	8h	38.090	+0.106%	$2.6M	$8.3M	20x	as long as short
edgeX MINIMAXUSDC	+0.1630%	4h	38.052	+0.005%	$29K	$184K	10x	as long as short