MINIMAX

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0497%/8h= +54.4% APRnext payment +$0.62 per $10,000 · paid last 24h +0.002%

Price spread now: Extended against tradeXYZ−0.132%7-day average — · you buy dearer than you sell

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

Long on tradeXYZ Short on Extended

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.132% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.132% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 21 hours of funding at the current rate (+$15 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:MINIMAX	36.599	0.0439	pay 0.0055% / 1h	24m 02s	$4.5M	$3.3M	10x
Short	Extended MINIMAX-USD	36.551	0.0936	get 0.0117% / 1h	24m 02s	$3K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against tradeXYZ. 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 tradeXYZbpFee ExtendedbpOrdersPrice spread, now −0.132%Rate

Funding earned: $104.27
Price spread: −0.132% → 0.000%: −$13.24
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $68.03
Costs to cover: 0.230%
Break-even: 2.4 days

Slippage unknown: tradeXYZ: live order book, 4 min ago; Extended: 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 tradeXYZ live order book, 4 min ago	2.05 bp	15.0 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

Extended: 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	−0.052%	$15	$1.9M	10x	as long as short
HTX MINIMAX-USDT	0.0000%	4h	36.564	−0.096%	$47K	$234K	20x	as long as short
SoDEX MINIMAX-USD	+0.0050%	1h	36.549	−0.137%	$92K	$3K	10x	as long as short
Aevo MINIMAX-PERP	+0.0104%	1h	36.565	−0.094%	—	—	10x	as long as short
Ondo Perps MINIMAX-USD.P	+0.0188%	1h	36.540	−0.161%	$23K	$51K	5x	as long as short
Lighter MINIMAX	+0.0256%	1h	36.573	−0.071%	$41K	$25K	10x	as long as short
Gate MINIMAX_USDT	+0.0269%	8h	36.690	+0.249%	$1.3M	$3.4M	50x	as long as short
tradeXYZ xyz:MINIMAXlong	+0.0439%	1h	36.599	long leg	$4.5M	$3.3M	10x
Bybit MINIMAXUSDT	+0.0486%	8h	36.650	+0.139%	$916K	$1.1M	25x	as long as short
Aster MINIMAXUSDT	+0.0614%	8h	36.660	+0.167%	$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	+0.117%	$1.2M	$2.8M	20x	as long as short
KuCoin MINIMAXUSDTM	+0.0776%	4h	36.580	−0.052%	$96K	$37K	20x	as long as short
Extended MINIMAX-USDshort	+0.0936%	1h	36.551	−0.132%	$3K	—	10x
Binance MINIMAXUSDT	+0.0940%	4h	36.620	+0.057%	$6.3M	$32.5M	25x	as long as short
edgeX MINIMAXUSDC	+0.0965%	4h	36.542	−0.156%	$27K	$183K	10x	as long as short
GRVT MINIMAX_USDT_Perp	+0.1098%	4h	36.555	−0.121%	$398	$125K	10x	as long as short
OKX MINIMAX-USDT-SWAP	+0.1413%	8h	36.650	+0.139%	$2.8M	$8.5M	20x	as long as short