Funding arb · Price arb /

MINIMAX

RWAall MINIMAX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0153%/8h= +16.7% APRpaid last 24h —

Price spread now: Binance against Aevo+0.023%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Binance is 0.023% dearer against Aevo than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo MINIMAX-PERP	37.739	0.0104	pay 0.0013% / 1h	16m 53s	—	—	10x
Short	Binance MINIMAXUSDT	37.748	0.0257	get 0.0128% / 4h	3h 16m	$6.3M	$30.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aevo. 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 AevobpFee BinancebpOrdersPrice spread, now +0.023%Rate

Funding earned: $32.05
Price spread: +0.023% → 0.000%: $2.33
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Binance: 5 bp × 2 orders: −$10
Net: $8.38
Costs to cover: 0.260%
Break-even: 5.2 days

Slippage unknown: Aevo: no order-book sample; Binance: live order book, 10 min ago. 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 Aevo no order-book sample	—	—	—	—	—
Sell Binance live order book, 10 min ago	2.65 bp	13.5 bp −$14	39.1 bp −$391	182.6 bp −$18.3K	doesn't fit

Aevo: 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	37.790	+0.135%	$1.4M	$3.8M	50x	as long as short
GRVT MINIMAX_USDT_Perp	0.0000%	4h	37.756	+0.047%	$430	$126K	10x	as long as short
SunX MINIMAX-USDT	0.0000%	4h	37.770	+0.082%	$15	$2.3M	10x	as long as short
HTX MINIMAX-USDT	0.0000%	4h	37.689	−0.132%	$42K	$225K	20x	as long as short
Lighter MINIMAX	+0.0032%	1h	37.726	−0.034%	$43K	$25K	10x	as long as short
tradeXYZ xyz:MINIMAX	+0.0050%	1h	37.737	−0.005%	$4.4M	$2.9M	10x	as long as short
SoDEX MINIMAX-USD	+0.0050%	1h	37.750	+0.029%	$95K	$3K	10x	as long as short
Ondo Perps MINIMAX-USD.P	+0.0050%	1h	37.650	−0.236%	$26K	$41K	5x	as long as short
Bybit MINIMAXUSDT	+0.0055%	8h	37.780	+0.109%	$926K	$1.0M	25x	as long as short
KuCoin MINIMAXUSDTM	+0.0100%	4h	37.730	−0.024%	$100K	$38K	20x	as long as short

Show all 17 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo MINIMAX-PERPlong	+0.0104%	1h	37.739	long leg	—	—	10x
Aster MINIMAXUSDT	+0.0227%	8h	37.763	+0.063%	$33K	$150K	20x	as long as short
Extended MINIMAX-USD	+0.0256%	1h	37.749	+0.028%	$3K	—	10x	as long as short
Binance MINIMAXUSDTshort	+0.0257%	4h	37.748	+0.023%	$6.3M	$30.8M	25x
Bitget MINIMAXUSDT	+0.0479%	8h	37.755	+0.043%	$1.3M	$2.7M	20x	as long as short
edgeX MINIMAXUSDC	+0.0773%	4h	37.732	−0.020%	$28K	$183K	10x	as long as short
OKX MINIMAX-USDT-SWAP	+0.1074%	8h	37.780	+0.109%	$2.7M	$8.3M	20x	as long as short