MINIMAX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0138%/8h= −15.1% APRnext payment −$0.17 per $10,000 · paid last 24h −0.305%

Price spread now: SoDEX against Ondo Perps+0.025%7-day average — · you sell dearer than you buy

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

Long on Ondo Perps 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 airdropOndo Perps: Active · farm boardneeds both histories

The price spread pays, funding is against you. SoDEX is 0.025% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.025% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 14 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps MINIMAX-USD.P	36.540	0.0188	pay 0.0023% / 1h	24m 08s	$23K	$51K	5x
Short	SoDEX MINIMAX-USD	36.549	0.0050	get 0.0006% / 1h	24m 08s	$92K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Ondo Perps. 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 Ondo PerpsbpFee SoDEXbpOrdersPrice spread, now +0.025%Rate

Funding earned: −$28.98
Price spread: +0.025% → 0.000%: $2.46
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$39.52
Costs to cover: 0.130%
Break-even: never at this rate

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

Ondo Perps 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	36.580	+0.109%	$15	$1.9M	10x	as long as short
HTX MINIMAX-USDT	0.0000%	4h	36.564	+0.066%	$47K	$234K	20x	as long as short
SoDEX MINIMAX-USDshort	+0.0050%	1h	36.549	+0.025%	$92K	$3K	10x
Aevo MINIMAX-PERP	+0.0104%	1h	36.565	+0.067%	—	—	10x	as long as short
Ondo Perps MINIMAX-USD.Plong	+0.0188%	1h	36.540	long leg	$23K	$51K	5x
Lighter MINIMAX	+0.0256%	1h	36.573	+0.090%	$41K	$25K	10x	as long as short
Gate MINIMAX_USDT	+0.0269%	8h	36.690	+0.411%	$1.3M	$3.4M	50x	as long as short
tradeXYZ xyz:MINIMAX	+0.0439%	1h	36.599	+0.161%	$4.5M	$3.3M	10x	as long as short
Bybit MINIMAXUSDT	+0.0486%	8h	36.650	+0.301%	$916K	$1.1M	25x	as long as short
Aster MINIMAXUSDT	+0.0614%	8h	36.660	+0.328%	$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	+0.0761%	8h	36.642	+0.279%	$1.2M	$2.8M	20x	as long as short
KuCoin MINIMAXUSDTM	+0.0776%	4h	36.580	+0.109%	$96K	$37K	20x	as long as short
Extended MINIMAX-USD	+0.0936%	1h	36.551	+0.029%	$3K	—	10x	as long as short
Binance MINIMAXUSDT	+0.0940%	4h	36.620	+0.219%	$6.3M	$32.5M	25x	as long as short
edgeX MINIMAXUSDC	+0.0965%	4h	36.542	+0.005%	$27K	$183K	10x	as long as short
GRVT MINIMAX_USDT_Perp	+0.1098%	4h	36.555	+0.040%	$398	$125K	10x	as long as short
OKX MINIMAX-USDT-SWAP	+0.1413%	8h	36.650	+0.301%	$2.8M	$8.5M	20x	as long as short