MINIMAX

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PopdexMINIMAXUSDT	31.710	+0.0048	pay 0.0006% / 1h	23m 01s	$102K	$244K	20x	Long Popdex
SHORT	SoDEXMINIMAX-USD	31.700	+0.0050	get 0.0006% / 1h	23m 01s	$72K	$5K	10x	Short SoDEX

Price gap−0.032%

Funding gap+0.0002% /8h

Funding is ≈ 0 and the gap is 0.032% under zero (no 7-day history yet): the price leg works against you, −$3 on $10k if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding—+0.0002% /8h now · no funding history yet

Price—spread −0.032% now · no price history on both exchanges yet

Costsno datano order book for SoDEX

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

SoDEX price against Popdexnow

RANGE STATS · 7D

Now−0.032%

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

2 ok · 1 to watch

Note: Order book unknown—
No order-book sample for SoDEX: its slippage is not counted.
Note: Margin at max leverage$500 + $1,000
Popdex 20x, SoDEX 10x. 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: +$0.06Long Popdex: 24 payments, −$1.44; short SoDEX: 24 payments, +$1.50.
Note: No 7-day spread history−0.032%
The gap cannot be compared with its average yet.
Watch: Short leg is thinner$72K vs $102K OI
SoDEX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legPopdex No · SoDEX 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 earnedno history yet: current rate+$0.42

Price spread−0.032% → 0−$3.15

Slippage, 4 ordersno data for SoDEX—

Fee Popdex bp × 2 orders−$6.40

Fee SoDEX bp × 2 orders−$8.00

Net, fees only · 7 days · $10k−$17.13

Costs to cover0.144%Break-even292.6 days

Slippage: Popdex: live order book, 10 min ago; SoDEX: 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 · SHORTSoDEX—————

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

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 ↗