Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG20.505+0.1416pay 0.1416% / 8h7m 33s$347K$206K25xLong Bybit
SHORT20.462+0.4049get 0.0506% / 1h7m 33s$1.7M$2.0M10xShort tradeXYZ
Price gap−0.212%
Funding gap+0.2632% /8h

Both sides work: funding pays +$79 a day on $10k, and the gap is 0.034% above its 7d average: +$3 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$53+0.2632% /8h now · paid −0.534% over the last 7D
Price+$3spread −0.212% now, avg −0.247% → +0.034% if it goes back
Costs−$1581.582% of $10k · taker + slippage, in and out
Result−$208−2.08%+ Points / potential airdroptradeXYZ: points · farm board

The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.534% in total, about −0.0254%/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−0.212%
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

2 ok · 4 to watch
  • Watch: Thin at this size42.0 / 3.9 bp
    At $10k entering Bybit costs 42.0 bp, fee and slippage, 10.8× tradeXYZ’s.
  • Note: Margin at max leverage$400 + $1,000
    Bybit 25x, tradeXYZ 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 1h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: +$78.97Long Bybit: 3 payments, −$42.49; short tradeXYZ: 24 payments, +$121.46.
  • OK: Entry gap works for you−0.212% vs −0.247%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$347K vs $1.7M OI
    Bybit sets your exit cost. Check its book before closing.
  • OK: Points on a legtradeXYZ points
    Volume here counts toward the points program.
  • Watch: KYCBybit Yes · tradeXYZ No
    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−0.0254%/8h × 21 periods−$53.38
Price spread−0.212% → −0.247% (7d avg)+$3.44
Slippage, 4 orderslive order books−$145.45
Fee Bybit bp × 2 orders−$11.00
Fee tradeXYZ bp × 2 orders−$1.80
Net · 7 days · $10k−$208.19
Costs to cover1.582%Break-evennever at this rate
Slippage: Bybit: live order book, 28 min ago; tradeXYZ: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGBybit7.3842.0 bp−$42doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTtradeXYZ1.713.9 bp−$426.5 bp−$265doesn’t fitdoesn’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 ↗