Funding arb · Price arb / RWA

MINIMAX

RWAAll MINIMAX markets →

LONGMEXC▾TxFlow −0.0334%Lighter −0.0256%GRVT −0.0042%Ondo Perps −0.0003%Aster 0.0000%Extended 0.0000%Binance 0.0000%OKX 0.0000%Gate 0.0000%MEXC 0.0000%KuCoin 0.0000%Bitget 0.0000%SunX 0.0000%HTX 0.0000%AZverse +0.0008%Popdex +0.0048%SoDEX +0.0050%Aevo +0.0104%Bybit +0.0256%edgeX +0.0937%

⇄⇅

SHORTtradeXYZ▾edgeX +0.0937%Bybit +0.0256%Aevo +0.0104%SoDEX +0.0050%Popdex +0.0048%AZverse +0.0008%Aster 0.0000%Extended 0.0000%Binance 0.0000%OKX 0.0000%Gate 0.0000%KuCoin 0.0000%Bitget 0.0000%SunX 0.0000%HTX 0.0000%Ondo Perps −0.0003%GRVT −0.0042%Lighter −0.0256%TxFlow −0.0334%tradeXYZ −0.0933%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCMINIMAXSTOCK_USDT	22.170	0	0.0000% / 4h	2h 46m	$123K	$132K	20x	Long MEXC
SHORT	tradeXYZxyz:MINIMAX	22.091	−0.0933	pay 0.0117% / 1h	46m 08s	$2.4M	$2.7M	10x	Short tradeXYZ

Price gap−0.356%

Funding gap−0.0933% /8h

Both sides work against this direction now: funding costs $28 a day on $10k and the gap is 0.229% under its 7d average. Swap the legs.

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.050% in total, about +0.0024%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.356%

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

24H3D7D14D30D90D

MEXCtradeXYZ

MINIMAX on 21 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

• ✓
  OK: Fits both order books9.8 / 14.0 bp

  Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
• i
  Note: Margin at max leverage$500 + $1,000

  MEXC 20x, tradeXYZ 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• !
  Watch: Payment intervals differ4h / 1h

  Payments land at different times. Close right after the slower leg pays.

  Long MEXC · 4h$0.00

  Short tradeXYZ · 1h−$27.99

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: −$27.99Long MEXC: 6 payments, $0.00; short tradeXYZ: 24 payments, −$27.99.
• !
  Watch: Gap narrower than usual−0.356% vs −0.128%

  Less room for the price leg to pay you. If it goes back to average, the short loses.
• !
  Watch: Long leg is thinner$123K vs $2.4M OI

  MEXC sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legtradeXYZ points

  Volume here counts toward the points program.
• !
  Watch: KYCMEXC Yes · tradeXYZ No

  KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned+0.0024%/8h × 21 periods+$4.98

Price spread−0.356% → −0.128% (7d avg)−$22.87

Slippage, 4 orderslive order books−$29.18

Fee MEXC bp × 2 orders−$4.00

Fee tradeXYZ bp × 2 orders−$1.80

Net · 7 days · $10k−$52.87

Costs to cover0.350%Break-even81.3 days

Slippage: MEXC: live order book, 55 min ago; tradeXYZ: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGMEXC2.259.8 bp−$1035.6 bp−$356156.9 bp−$15.7K281.0 bp−$140.5K

SELL · SHORTtradeXYZ0.2314.0 bp−$1436.3 bp−$363doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

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MINIMAX news

posts that mention MINIMAX, from every exchangeSearch all news →

09-23 02:03

SoDEX

Listing

📊 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 ↗