Settings8H · net · $10k
LanguageThe language of the site
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
My profile →
My profile
Funding arb · Price arb / RWA

MINIMAX

RWAAll MINIMAX markets →
Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG
PopdexMINIMAXUSDT
31.710+0.0048pay 0.0006% / 1h23m 00s$102K$244K20xLong Popdex
SHORT
HTXMINIMAX-USDT
31.71900.0000% / 4h23m 00s$77K$97K20xShort HTX
Price gap+0.028%
Funding gap−0.0048% /8h

The gap pays +$3 on $10k if it goes back to zero (no 7-day history yet), but funding costs $1 a day and eats that in about 47 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding—−0.0048% /8h now · no funding history yet
Price—spread +0.028% now · no price history on both exchanges yet
Costsno datano order book for HTX
Result, before costs—no pointsneeds funding history

Funding history

you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.

Price spread between the two exchanges

HTX price against Popdexnow
RANGE STATS · 7D
Now+0.028%
Average—
Range—
Wider than now—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MINIMAX on 18 exchanges

lowest funding first

Before you open

0 ok · 3 to watch
  • Note: Order book unknown—
    No order-book sample for HTX: its slippage is not counted.
  • Note: Margin at max leverage$500 + $500
    Popdex 20x, HTX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$1.44Long Popdex: 24 payments, −$1.44; short HTX: 6 payments, $0.00.
  • Note: No 7-day spread history+0.028%
    The gap cannot be compared with its average yet.
  • Watch: Short leg is thinner$77K vs $102K OI
    HTX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCPopdex No · HTX Limited
    No ID for accounts opened since 2026-03-30: futures up to 5x and no API trading; more leverage and the API need level-2 KYC.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earnedno history yet: current rate−$10.08
Price spread+0.028% → 0+$2.84
Slippage, 4 ordersno data for HTX—
Fee Popdex bp × 2 orders−$6.40
Fee HTX bp × 2 orders−$12.00
Net, fees only · 7 days · $10k−$25.64
Costs to cover0.184%Break-evennever at this rate
Slippage: Popdex: live order book, 10 min ago; HTX: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGPopdex9.4845.5 bp−$45doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTHTX—————

Closing costs about the same again.
HTX: 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 ↗