Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG22.213+0.0032pay 0.0004% / 1h12m 08s$61K$21K10xLong Lighter7d free
SHORT22.320+0.0048get 0.0006% / 1h12m 08s$103K$402K20xShort Popdex
Price gap+0.482%
Funding gap+0.0016% /8h

Both sides work: funding pays $0 a day on $10k, and the gap is 0.482% above zero (no 7-day history yet): +$48 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$32+0.0016% /8h now · paid −0.318% over the last 7D
Price—spread +0.482% now · no price history on both exchanges yet
Costsno datano order book for Lighter
Result, before costs—+ Points / potential airdropLighter: Season 3 · farm boardneeds both price histories

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+0.482%
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

3 ok · 1 to watch
  • Note: Order book unknown—
    No order-book sample for Lighter: its slippage is not counted.
  • Note: Margin at max leverage$1,000 + $500
    Lighter 10x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$0.48Long Lighter: 24 payments, −$0.96; short Popdex: 24 payments, +$1.44.
  • Note: No 7-day spread history+0.482%
    The gap cannot be compared with its average yet.
  • Watch: Long leg is thinner$61K vs $103K OI
    Lighter sets your exit cost. Check its book before closing.
  • OK: Points on a legLighter Season 3
    Volume here counts toward the points program.
  • OK: No KYC on either legLighter No · Popdex No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0151%/8h × 21 periods−$31.78
Price spread+0.482% → 0+$48.17
Slippage, 4 ordersno data for Lighter—
Fee Lighter bp × 2 orders$0.00
Fee Popdex bp × 2 orders−$6.40
Net, fees only · 7 days · $10k+$9.99
Costs to cover0.064%Break-evenfrom the start
Slippage: Lighter: no order-book sample; Popdex: live order book, 22 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGLighter—————
SELL · SHORTPopdex9.0238.6 bp−$39doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.
Lighter: no data.

Alert

MINIMAX news

posts that mention MINIMAX, from every exchangeSearch all news →
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 ↗