MINIMAX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.36 per $10,000 · paid last 24h +0.185%

Price spread now: Binance against HTX−0.006%7-day average +0.041% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$85as in the Price arb table

costs, in and out, $10k−$800.798% of the position

Long on HTX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.274%+$27 on $10k

Price spread, last 4 days (all we have)−0.210%−$21 · spread now −0.006%, 7d avg +0.041%

Together, before fees+0.064%+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.047% cheaper against HTX than usual: you would sell low and buy high (spread −0.006% now, against its 7-day average of +0.041%). If the spread goes back, that is −$5 on $10k: about 2.2 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX MINIMAX-USDT	36.868	0	get 0.0000% / 4h	2h 46m	$41K	$225K	20x
Short	Binance MINIMAXUSDT	36.866	0.0072	get 0.0036% / 4h	2h 46m	$6.2M	$32.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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 HTXbpFee BinancebpOrdersPrice spread, now −0.006%Rate

Funding earned: $15.17
Price spread: −0.006% → +0.041%: −$4.75
Slippage, 4 orders: −$57.81
Fee HTX: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$69.38
Costs to cover: 0.798%
Break-even: 39.0 days

Slippage from HTX: live order book, 37 min ago; Binance: live order book, 10 min ago.

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 HTX live order book, 37 min ago	5.30 bp	19.7 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	1.33 bp	14.4 bp −$14	45.7 bp −$457	218.3 bp −$21.8K	doesn't fit

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	36.960	+0.250%	$1.2M	$3.4M	50x	as long as short
GRVT MINIMAX_USDT_Perp	0.0000%	4h	37.175	+0.833%	$304	$127K	10x	as long as short
SunX MINIMAX-USDT	0.0000%	4h	36.880	+0.033%	$15	$2.2M	10x	as long as short
HTX MINIMAX-USDTlong	0.0000%	4h	36.868	long leg	$41K	$225K	20x
SoDEX MINIMAX-USD	+0.0050%	1h	36.850	−0.049%	$92K	$3K	10x	as long as short
Ondo Perps MINIMAX-USD.P	+0.0061%	1h	37.130	+0.711%	$24K	$47K	5x	as long as short
Bybit MINIMAXUSDT	+0.0069%	8h	36.910	+0.114%	$908K	$1.1M	25x	as long as short
Extended MINIMAX-USD	+0.0072%	1h	36.852	−0.044%	$3K	—	10x	as long as short
Binance MINIMAXUSDTshort	+0.0072%	4h	36.866	−0.006%	$6.2M	$32.0M	25x
KuCoin MINIMAXUSDTM	+0.0100%	4h	36.860	−0.022%	$97K	$37K	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-PERP	+0.0104%	1h	36.808	−0.163%	—	—	10x	as long as short
Aster MINIMAXUSDT	+0.0173%	8h	36.957	+0.241%	$33K	$45K	20x	as long as short
Lighter MINIMAX	+0.0256%	1h	36.875	+0.019%	$41K	$25K	10x	as long as short
edgeX MINIMAXUSDC	+0.0296%	4h	37.131	+0.713%	$28K	$183K	10x	as long as short
Bitget MINIMAXUSDT	+0.0390%	8h	36.920	+0.141%	$1.2M	$2.8M	20x	as long as short
OKX MINIMAX-USDT-SWAP	+0.1004%	8h	36.940	+0.195%	$2.7M	$8.1M	20x	as long as short
tradeXYZ xyz:MINIMAX	+0.1004%	1h	36.831	−0.100%	$4.3M	$3.0M	10x	as long as short