Funding you earn now, next payment 09:00 UTC−0.0518%/8h= −56.7% APRnext payment −$0.65 per $10,000 · paid last 24h −0.225%
Price spread now: SoDEX against Extended−0.282%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and SoDEX is 0.282% cheaper against Extended than usual: you would sell low and buy high (−$28 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 | 36.516 | 0.0568 | pay 0.0071% / 1h | 20m 04s | $3K | $920 | 10x |
| Short | SoDEX MINIMAX-USD | 36.413 | 0.0050 | get 0.0006% / 1h | 20m 04s | $91K | $3K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$108.78
- Price spread: −0.282% → 0.000%
- −$28.22
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$150
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Extended: no order-book sample; 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 Extended no order-book sample | — | — | — | — | — |
| Sell SoDEX no order-book sample | — | — | — | — | — |
Extended and 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MINIMAXUSDT | 0.0000% | 8h | 36.520 | +0.011% | $929K | $890K | 25x | as long as short |
| Gate MINIMAX_USDT | 0.0000% | 8h | 36.560 | +0.120% | $1.3M | $2.9M | 50x | as long as short |
| GRVT MINIMAX_USDT_Perp | 0.0000% | 4h | 36.310 | −0.565% | $619 | $118K | 10x | as long as short |
| SunX MINIMAX-USDT | 0.0000% | 4h | 36.590 | +0.203% | $15 | $1.2M | 10x | as long as short |
| HTX MINIMAX-USDT | 0.0000% | 4h | 36.543 | +0.074% | $45K | $253K | 20x | as long as short |
| Lighter MINIMAX | +0.0032% | 1h | 36.418 | −0.268% | $41K | $23K | 10x | as long as short |
| SoDEX MINIMAX-USDshort | +0.0050% | 1h | 36.413 | −0.282% | $91K | $3K | 10x | |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 36.395 | −0.332% | — | — | 10x | as long as short |
| tradeXYZ xyz:MINIMAX | +0.0137% | 1h | 36.398 | −0.323% | $4.8M | $3.3M | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.0215% | 1h | 36.530 | +0.038% | $22K | $56K | 5x | as long as short |
Show all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MINIMAXUSDT | +0.0394% | 8h | 36.370 | −0.400% | $32K | $6K | 20x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0508% | 4h | 36.440 | −0.208% | $96K | $109K | 20x | as long as short |
| Bitget MINIMAXUSDT | +0.0553% | 8h | 36.552 | +0.098% | $1.2M | $2.7M | 20x | as long as short |
| Binance MINIMAXUSDT | +0.0567% | 4h | 36.531 | +0.041% | $6.3M | $29.6M | 25x | as long as short |
| Extended MINIMAX-USDlong | +0.0568% | 1h | 36.516 | long leg | $3K | $920 | 10x | |
| OKX MINIMAX-USDT-SWAP | +0.1227% | 8h | 36.590 | +0.203% | $2.8M | $7.9M | 20x | as long as short |
| edgeX MINIMAXUSDC | +0.1466% | 4h | 36.310 | −0.565% | $27K | $183K | 10x | as long as short |
Extended MINIMAX-USD
SoDEX MINIMAX-USD
Bybit MINIMAXUSDT
Gate MINIMAX_USDT
GRVT MINIMAX_USDT_Perp
SunX MINIMAX-USDT
HTX MINIMAX-USDT
Lighter MINIMAX
tradeXYZ xyz:MINIMAX
Aster MINIMAXUSDT
KuCoin MINIMAXUSDTM
Bitget MINIMAXUSDT
Binance MINIMAXUSDT
OKX MINIMAX-USDT-SWAP
edgeX MINIMAXUSDC