Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG20.990−0.4181get 0.4181% / 8h7h 51m$333K$320K25xLong Bybit
SHORT21.020−0.2382pay 0.1191% / 4h3h 51m$226K$158K20xShort MEXC
Price gap+0.143%
Funding gap+0.1799% /8h

Both sides work: funding pays +$54 a day on $10k, and the gap is 0.193% above its 7d average: +$19 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$45+0.1799% /8h now · paid −0.449% over the last 7D
Price+$19spread +0.143% now, avg −0.050% → +0.193% if it goes back
Costs−$1921.922% of $10k · taker + slippage, in and out
Result−$218−2.18%no points

The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.449% in total, about −0.0214%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.143%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MINIMAX on 21 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size44.9 / 14.3 bp
    At $10k entering Bybit costs 44.9 bp, fee and slippage, 3.1× MEXC’s.
  • Note: Margin at max leverage$400 + $500
    Bybit 25x, MEXC 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$53.96Long Bybit: 3 payments, +$125.42; short MEXC: 6 payments, −$71.46.
  • OK: Entry gap works for you+0.143% vs −0.050%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$226K vs $333K OI
    MEXC sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCBybit Yes · MEXC Yes
    Standard verification is mandatory for every product.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0214%/8h × 21 periods−$44.85
Price spread+0.143% → −0.050% (7d avg)+$19.31
Slippage, 4 orderslive order books−$177.17
Fee Bybit bp × 2 orders−$11.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$217.71
Costs to cover1.922%Break-evennever at this rate
Slippage: Bybit: live order book, 21 min ago; MEXC: live order book, 17 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit4.7344.9 bp−$45doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTMEXC9.4714.3 bp−$1424.8 bp−$248169.7 bp−$17.0Kdoesn’t fit

Closing costs about the same again.

Alert

MINIMAX news

posts that mention MINIMAX, from every exchange
10-28 17:49Markets by KinetiqOtherChina's AI stocks already crashed. $ZHIPU is down 80% from its high, $MINIMAX 74%. The Nasdaq-100 is down 5%. A China problem, or a preview? @Markets_xyz on X ↗
09-23 02:03SoDEXListing📊 SoDEX 24h Movers · Sep 23 61 of 93 markets higher. Brent crude fell below $95 as US-Iran direct talks at the UN signaled easing tensions, weighing on oil-linked assets. Fed officials Barkin and Collins kept a hawkish tone, leaving the door open for further hikes. CME's upcoming BCH and UNI futures listing continued to drive major gains in those tokens. What moved them bitcoin-cash:native · CME Group announced it will list BCH futures on October 19, news continued to drive buying interest. UNI · CME listing UNI futures on Oct 19, plus Uniswap handles over 99% of Robinhood Chain stock token DeFi deposits. DASH · DoorDash agreed to a $131.5M settlement with NYC, resolving the courier minimum-wage investigation and removing regulatory overhang. ZHIPU · Anthropic accused Chinese AI firms of model distillation and CAC launched probes into DeepSeek and Moonshot, pressuring Chinese AI stocks. MINIMAX · Same Anthropic distillation accusations and CAC probes into Chinese AI companies weighed on the sector. 61 up · 31 down · 1 flat across 93 perp markets. 25 also trade spot. Amid Fed hawkishness and Brent's drop below $95, Layer 1 Season posted record Week-3 open interest of $155M, with 17 weeks remaining. SoDEX Layer 1 Season campaign is ongoing since September 1; Week 3 open interest hit an ATH of $155M, with 17 weeks remaining. Trade 👉 @sodex_official on X ↗