MINIMAX

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	tradeXYZxyz:MINIMAX	20.424	+0.3960	pay 0.0495% / 1h	16m 15s	$1.7M	$2.0M	10x	Long tradeXYZ
SHORT	BybitMINIMAXUSDT	20.470	+0.1224	get 0.1224% / 8h	16m 15s	$348K	$204K	25x	Short Bybit

Price gap+0.225%

Funding gap−0.2736% /8h

Both sides work against this direction now: funding costs $82 a day on $10k and the gap is 0.022% under its 7d average. Swap the legs.

If you open now and hold

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

Funding+$53−0.2736% /8h now · paid +0.534% over the last 7D

Price−$2spread +0.225% now, avg +0.247% → −0.022% if it goes back

Costs−$1591.587% of $10k · taker + slippage, in and out

Result−$108−1.08%+ Points / potential airdroptradeXYZ: points · farm board

The current funding rate is far below 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

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now+0.225%

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

1 ok · 5 to watch

Watch: Thin at this size12.3 / 99.8 bp
At $10k entering Bybit costs 99.8 bp, fee and slippage, 8.1× tradeXYZ’s.
Note: Margin at max leverage$1,000 + $400
tradeXYZ 10x, Bybit 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ1h / 8h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$82.07Long tradeXYZ: 24 payments, −$118.80; short Bybit: 3 payments, +$36.73.
Watch: Gap narrower than usual+0.225% vs +0.247%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$348K 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: KYCtradeXYZ No · Bybit Yes
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+0.225% → +0.247% (7d avg)−$2.20

Slippage, 4 orderslive order books−$145.95

Fee tradeXYZ bp × 2 orders−$1.80

Fee Bybit bp × 2 orders−$11.00

Net · 7 days · $10k−$107.56

Costs to cover1.587%Break-even21.1 days

Slippage: tradeXYZ: live order book, 2 min ago; Bybit: live order book, 19 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGtradeXYZ1.4712.3 bp−$1238.0 bp−$380doesn’t fitdoesn’t fit

SELL · SHORTBybit7.3899.8 bp−$100doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

MINIMAX news

posts that mention MINIMAX, from every exchange

10-28 17:49	Markets by Kinetiq	Other	China'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 02:03	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 ↗