MINIMAX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.02 per $10,000 · paid last 24h −0.065%

Price spread now: SoDEX against Lighter−0.046%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and SoDEX is 0.046% cheaper against Lighter 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	Lighter MINIMAX	36.861	0.0064	pay 0.0008% / 1h	57m 15s	$41K	$23K	10x
Short	SoDEX MINIMAX-USD	36.844	0.0050	get 0.0006% / 1h	57m 15s	$92K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Lighter. 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 LighterbpFee SoDEXbpOrdersPrice spread, now −0.046%Rate

Funding earned: −$2.94
Price spread: −0.046% → 0.000%: −$4.61
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$15.55
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Lighter: 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 Lighter no order-book sample	—	—	—	—	—
Sell SoDEX no order-book sample	—	—	—	—	—

Lighter 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
SunX MINIMAX-USDT	0.0000%	4h	36.890	+0.079%	$15	$1.8M	10x	as long as short
HTX MINIMAX-USDT	0.0000%	4h	36.868	+0.019%	$49K	$234K	20x	as long as short
SoDEX MINIMAX-USDshort	+0.0050%	1h	36.844	−0.046%	$92K	$3K	10x
Ondo Perps MINIMAX-USD.P	+0.0050%	1h	36.990	+0.350%	$23K	$51K	5x	as long as short
Lighter MINIMAXlong	+0.0064%	1h	36.861	long leg	$41K	$23K	10x
tradeXYZ xyz:MINIMAX	+0.0086%	1h	36.809	−0.141%	$4.7M	$3.3M	10x	as long as short
Aevo MINIMAX-PERP	+0.0104%	1h	36.858	−0.008%	—	—	10x	as long as short
Gate MINIMAX_USDT	+0.0330%	8h	36.880	+0.052%	$1.3M	$2.8M	50x	as long as short
Bybit MINIMAXUSDT	+0.0420%	8h	36.860	−0.003%	$921K	$1.1M	25x	as long as short
Aster MINIMAXUSDT	+0.0597%	8h	36.934	+0.199%	$33K	$46K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget MINIMAXUSDT	+0.0726%	8h	36.818	−0.117%	$1.2M	$2.8M	20x	as long as short
KuCoin MINIMAXUSDTM	+0.0738%	4h	36.880	+0.052%	$97K	$36K	20x	as long as short
GRVT MINIMAX_USDT_Perp	+0.0878%	4h	36.930	+0.187%	$735	$125K	10x	as long as short
Extended MINIMAX-USD	+0.0880%	1h	36.830	−0.085%	$3K	—	10x	as long as short
Binance MINIMAXUSDT	+0.0880%	4h	36.840	−0.058%	$6.4M	$32.3M	25x	as long as short
OKX MINIMAX-USDT-SWAP	+0.1414%	8h	36.860	−0.003%	$2.8M	$8.7M	20x	as long as short
edgeX MINIMAXUSDC	+0.1806%	4h	36.958	+0.263%	$28K	$182K	10x	as long as short