MINIMAX funding rates
MINIMAX perpetual funding across 7 venues. Rates are annualized (APR); positive means longs pay shorts.
· refreshed every 5 min
- Best pair · 7d
- 6.8%long GRVT, short Aster · net 2.4%
- Highest funding now
- 49.1%ExExtended
- Lowest funding now
- 0.0%AsAster
- Listed on
- 7 venues
Funding by venue
| 7d chart | Flags | Open | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ExExtended | MINIMAX-USD | 49.1% | 28.5% | 1.2% | 9.3% | −3.4% | 18% | 1h | 06:00 | 27.07 | $601 | $0 | TradFi | ExExtended | |
| GtGateCEX | MINIMAX_USDT | 10.6% | 1.1% | 2.2% | 10.6% | 2.3% | 8% | 8h | 08:00 | 27.12 | $1.3M | $1.6M | TradFi | GtGate | |
| GrGRVT | MINIMAX_USDT_Perp | 8.1% | 8.0% | −4.4% | 4.3% | −6.5% | 14% | 4h | 08:00 | 27.11 | $996 | $121k | TradFi | GrGRVT | |
| BgBitgetCEX | MINIMAXUSDT | 4.2% | 0.1% | 0.0% | 3.7% | 0.0% | 12% | 8h | 08:00 | 27.11 | $1.4M | $6.3M | TradFi | BgBitget | |
| LiLighter | MINIMAX | 3.5% | −1.1% | 0.4% | 5.1% | 0.6% | 92% | 1h | 06:00 | 27.44 | $47k | $12k | TradFi | LiLighter | |
| ByBybitCEX | MINIMAXUSDT | 0.9% | 1.1% | 0.4% | 1.0% | 0.3% | 11% | 8h | 08:00 | 27.11 | $511k | $560k | TradFi | ByBybit | |
| AsAster | MINIMAXUSDT | 0.0% | 0.0% | 2.3% | 1.7% | 2.7% | 5% | 8h | 08:00 | 27.12 | $27k | $44k | TradFi | AsAster |
Sparklines: hourly funding APR over the last 7 days, zero line dashed.
Long/short pairs
| Spread APR | After taker fees | Quality | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7d trend | Flags | Open | Calc | |||||||||||
| GrGRVT | LiLighter | −4.6% | −9.1% | 4.8% | 0.7% | 2.5% | 3.7% | 6.8d | cooling | $996 | low OI4h/1hTradFi | GrLi | calc | |
| GrGRVT | AsAster | −8.1% | −8.0% | 6.8% | −2.7% | 2.4% | 3.5% | 9.1d | cooling | $996 | low OI4h/8hTradFi | GrAs | calc | |
| GrGRVT | ExExtended | 41.0% | 20.4% | 5.6% | 5.0% | 2.0% | 2.9% | 9.1d | spike ×6.5 | $601 | low OI4h/1hTradFi | GrEx | calc | |
| GrGRVT | GtGateCEX | 2.5% | −6.9% | 6.6% | 6.2% | 0.4% | 0.5% | 13d | cooling | $996 | low OI4h/8hTradFi | GrGt | calc | |
| LiLighter | AsAster | −3.5% | 1.1% | 2.0% | −3.4% | −0.1% | −0.2% | 15d | mixed | $27k | low OI1h/8hTradFi | LiAs | calc | |
| GrGRVT | ByBybitCEX | −7.2% | −6.9% | 4.8% | −3.3% | −0.4% | −0.6% | 15d | cooling | $996 | low OI4h/8hTradFi | GrBy | calc | |
| GrGRVT | BgBitgetCEX | −3.9% | −7.9% | 4.5% | −0.6% | −1.0% | −1.5% | 17d | cooling | $996 | low OI4h/8hTradFi | GrBg | calc | |
| LiLighter | ExExtended | 45.6% | 29.5% | 0.8% | 4.2% | −0.5% | −0.8% | 23d | spike | $601 | low OITradFi | LiEx | calc | |
| ExExtended | AsAster | −49.1% | −28.5% | 1.2% | −7.6% | −2.2% | −3.3% | 40d | cooling | $601 | low OI1h/8hTradFi | ExAs | calc | |
| BgBitgetCEX | GtGateCEX | 6.5% | 1.0% | 2.1% | 6.9% | −4.9% | −7.4% | 47d | weak | $1.3M | TradFi | BgGt | calc | |
| ByBybitCEX | GtGateCEX | 9.7% | 0.0% | 1.8% | 9.5% | −5.0% | −7.5% | 54d | weak | $511k | TradFi | ByGt | calc | |
| BgBitgetCEX | LiLighter | −0.7% | −1.2% | 0.3% | 1.4% | −2.8% | −4.2% | 134d | weak | $47k | low OI8h/1hTradFi | BgLi | calc | |
| BgBitgetCEX | ByBybitCEX | −3.3% | 1.0% | 0.3% | −2.7% | −5.6% | −8.5% | 240d | weak | $511k | TradFi | BgBy | calc | |
| ByBybitCEX | LiLighter | 2.6% | −2.2% | 0.0% | 4.0% | −2.9% | −4.3% | — | weak | $47k | low OI8h/1hTradFi | ByLi | calc | |
| BgBitgetCEX | AsAster | −4.2% | −0.1% | 2.3% | −2.1% | −2.9% | −4.4% | 32d | weak | $27k | low OITradFi | BgAs | calc | |
| ByBybitCEX | AsAster | −0.9% | −1.1% | 2.0% | 0.6% | −3.0% | −4.5% | 35d | weak | $27k | low OITradFi | ByAs | calc | |
| ByBybitCEX | BgBitgetCEX | 3.3% | −1.0% | −0.3% | 2.7% | −6.3% | −9.5% | — | weak | $511k | TradFi | ByBg | calc | |
| AsAster | LiLighter | 3.5% | −1.1% | −2.0% | 3.4% | −4.1% | −6.1% | — | weak | $27k | low OI8h/1hTradFi | AsLi | calc | |
| ExExtended | GtGateCEX | −38.4% | −27.3% | 1.0% | 1.3% | −4.2% | −6.3% | 73d | cooling | $601 | low OI1h/8hTradFi | ExGt | calc | |
| LiLighter | GtGateCEX | 7.1% | 2.2% | 1.8% | 5.5% | −2.1% | −3.2% | 31d | mixed | $47k | low OI1h/8hTradFi | LiGt | calc | |
| LiLighter | ByBybitCEX | −2.6% | 2.2% | 0.0% | −4.0% | −2.8% | −4.3% | >999d | mixed | $47k | low OI1h/8hTradFi | LiBy | calc | |
| GtGateCEX | AsAster | −10.6% | −1.1% | 0.2% | −8.9% | −5.8% | −8.7% | 446d | weak | $27k | low OITradFi | GtAs | calc | |
| AsAster | GtGateCEX | 10.6% | 1.1% | −0.2% | 8.9% | −6.2% | −9.3% | — | weak | $27k | low OITradFi | AsGt | calc | |
| BgBitgetCEX | ExExtended | 44.9% | 28.4% | 1.1% | 5.6% | −3.3% | −5.0% | 56d | spike | $601 | low OI8h/1hTradFi | BgEx | calc | |
| ByBybitCEX | ExExtended | 48.2% | 27.4% | 0.8% | 8.3% | −3.4% | −5.1% | 76d | spike | $601 | low OI8h/1hTradFi | ByEx | calc | |
| LiLighter | BgBitgetCEX | 0.7% | 1.2% | −0.3% | −1.4% | −3.5% | −5.2% | — | mixed | $47k | low OI1h/8hTradFi | LiBg | calc | |
| AsAster | ByBybitCEX | 0.9% | 1.1% | −2.0% | −0.6% | −6.9% | −10.4% | — | weak | $27k | low OITradFi | AsBy | calc | |
| AsAster | BgBitgetCEX | 4.2% | 0.1% | −2.3% | 2.1% | −7.5% | −11.3% | — | weak | $27k | low OITradFi | AsBg | calc | |
| AsAster | ExExtended | 49.1% | 28.5% | −1.2% | 7.6% | −4.6% | −6.9% | — | spike | $601 | low OI8h/1hTradFi | AsEx | calc | |
| BgBitgetCEX | GrGRVT | 3.9% | 7.9% | −4.5% | 0.6% | −10.0% | −14.9% | — | weak | $996 | low OI8h/4hTradFi | BgGr | calc | |
| ByBybitCEX | GrGRVT | 7.2% | 6.9% | −4.8% | 3.3% | −10.1% | −15.1% | — | weak | $996 | low OI8h/4hTradFi | ByGr | calc | |
| AsAster | GrGRVT | 8.1% | 8.0% | −6.8% | 2.7% | −11.2% | −16.8% | — | weak | $996 | low OI8h/4hTradFi | AsGr | calc | |
| GtGateCEX | ExExtended | 38.4% | 27.3% | −1.0% | −1.3% | −6.2% | −9.3% | — | spike | $601 | low OI8h/1hTradFi | GtEx | calc | |
| LiLighter | GrGRVT | 4.6% | 9.1% | −4.8% | −0.7% | −7.2% | −10.7% | — | mixed | $996 | low OI1h/4hTradFi | LiGr | calc | |
What the columns and badges mean
- now
- Current funding spread APR: short-leg rate minus long-leg rate, annualized.
- 24h
- Average spread APR over the last 24 hours, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d
- Average spread APR over the last 7 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet). Used for ranking and net APR.
- 30d
- Average spread APR over the last 30 days, on hours when both venues have data (settled funding, plus predicted rates for hours not settled yet).
- 7d trend
- Spread APR over the last 7 days in 6-hour averages; the dashed line is zero.
- Net APR
- 7d spread APR minus taker fees to open and close both legs, spread over the holding period: net = spread7d − fees × 365 / days. Per unit of notional per leg.
- On capital
- Net APR on the capital posted for both legs at this leverage: net × leverage / 2.
- Breakeven
- Days of 7d-average funding needed to pay back open+close taker fees.
- Min OI
- Smaller open interest of the two legs, USD.
- steady
- Steady: prior-week spread at least 5% APR, last 24h positive and no spike, positive now. Not negative in X% of hours over 7 days.
- spike
- The last 24h spread is far above the prior 6-day average (more than 3×, or above 15% APR after a weak prior) — it may not last.
- mixed
- The spread was negative too often: not negative in only X% of hours over 7 days.
- new
- Less than 4 days of shared history in the prior week: stability cannot be judged yet.
- weak
- Prior-week spread under 5% APR: too small to call steady.
- cooling
- The prior week was solid, but the last 24h or the current spread is not positive.
- ≠ asset?
- Mark prices differ by N bps — these may be different assets under one ticker, or contracts of a different size (e.g. per 1,000 coins). Verify before trading.
- stale
- At least one leg has not updated for over 30 minutes.
- low OI
- Open interest under $50k on at least one leg — size carefully.
- 8h/1h
- Funding intervals differ (8h vs 1h): payments are not simultaneous.
- TradFi
- Tokenized stock, index or commodity: trading sessions and oracle rules may differ.
- invite only
- Invite-only venue: an account needs an invite code, so it is not selected by default. Tick it in the venue filter to include it.
- spread not incl.
- A leg trades on quotes with no fee (Variational): the cost is the market maker's quote spread, which we cannot see, so the net APR is before it. Compare the quote with the mark price before you trade.
- CEX
- Centralized exchange: trading needs an account with identity verification (KYC).
Prices now
Buy on the row's venue at its ask, sell on the column's venue at its bid; spread before fees.Indicative · marks from 2026-10-12 05:31 UTC
Live quotes are unavailable right now (last update: never). Shown instead: indicative spreads between mark prices from the funding snapshot. Marks are taken minutes apart and are not prices you can trade at.
MINIMAX · TradFi
No two venues give a usable spread right now.
| Buy ↓ · Sell → | LiLighter27.44 | AsAster27.12 | GtGate27.12 | BgBitget27.111 | ByBybit27.11 | GrGRVT27.11 | ExExtended27.0676 |
|---|---|---|---|---|---|---|---|
| ExExtended27.0676 | 1.37% | 0.193% | 0.193% | 0.160% | 0.156% | 0.156% | — |
| ByBybit27.11 | 1.21% | 0.037% | 0.037% | 0.004% | — | 0.000% | −0.156% |
| GrGRVT27.11 | 1.21% | 0.037% | 0.037% | 0.004% | 0.000% | — | −0.156% |
| BgBitget27.111 | 1.21% | 0.033% | 0.033% | — | −0.004% | −0.004% | −0.160% |
| AsAster27.12 | 1.17% | — | 0.000% | −0.033% | −0.037% | −0.037% | −0.193% |
| GtGate27.12 | 1.17% | 0.000% | — | −0.033% | −0.037% | −0.037% | −0.193% |
| LiLighter27.44 | — | −1.17% | −1.17% | −1.21% | −1.21% | −1.21% | −1.37% |
All quotes (7)
| Venue | Bid | Ask | Quality | Age | Vol 24h | Flags |
|---|---|---|---|---|---|---|
| AsAster | 27.12 | 27.12 | mark | 8m | $44k | closedno FX |
| BgBitgetCEX | 27.111 | 27.111 | mark | 7m | $6.3M | closedno FX |
| ByBybitCEX | 27.11 | 27.11 | mark | 7m | $560k | closedno FX |
| ExExtended | 27.0676 | 27.0676 | mark | 8m | $0 | closed |
| GtGateCEX | 27.12 | 27.12 | mark | 7m | $1.6M | closedno FX |
| GrGRVT | 27.11 | 27.11 | mark | 8m | $121k | closedno FX |
| LiLighter | 27.44 | 27.44 | mark | 8m | $12k | closed |
All spreads → · Hatched cells use a mark or mid price, a flagged venue or one outside the default selection.
↗ buttons open the exchange; some are referral links and we may earn a commission at no extra cost to you.