Volume Monitor
Live crypto data · 8 exchanges

MINIMAX Perp on Hyperliquid (HIP-3)

MINIMAX perpetual futures on Hyperliquid's HIP-3 dexes (Non-US stocks & indices): live mark vs oracle, hourly funding, open interest against the deployer's cap, and volume spikes.

MINIMAX trades on 1 HIP-3 dex; on trade.xyz the mark is 35.437 against an oracle of 35.409, a basis of +7.9 bps. Funding is 0.00480% per hour (42.0% APR), so longs pay shorts. Open interest is $4.80M, with trade.xyz at 10% of its $50.00M cap, and $74K traded in 24 hours. On Bybit the MINIMAXUSDT perp funds at 0.00000% per hour (0.0% APR).

As of 17:32 UTC

Marktrade.xyz
35.437
Oracle 35.409+7.9 bps
Funding per hour
0.00480%
42.0% APRlongs pay shorts
Open interest
$4.80M
10% of $50.00M cap
24h volume
$74K
+0.89% 24h

MINIMAX perp markets on Hyperliquid

Non-US stocks & indices · by open interest
Dex Mark Oracle Basis 24h Funding /h APR OI OI cap Cap use 24h vol Max lev. Trade
trade.xyz xyz:MINIMAXgrowth 35.437 35.409 +7.9 bps +0.89% 0.00480% 42.0% $4.80M $50.00M 10% $74K 10× Trade

Funding is Hyperliquid's hourly rate (APR = hourly × 24 × 365). Basis is the mark against the deployer's oracle. Trade links go to the exchange and may be referral links.

MINIMAX perps elsewhere

same ticker on other venues
MarketPriceFunding /hAPROI24h volTrade
Bybit MINIMAXUSDT 35.480 0.00000% 0.0% $384K $136K Trade
HTX MINIMAX-USDT 35.478 0.00000% 0.0% $32K $7,983 Trade

MINIMAX volume spikes

MINIMAX across exchanges →

No MINIMAX volume spikes recorded since the server started. Spikes on every Hyperliquid market show on the Hyperliquid pump scanner.

MINIMAX perp FAQ

What is the MINIMAX funding rate on Hyperliquid?

0.00480% per hour on trade.xyz right now (42.0% APR), so longs pay shorts. Hyperliquid settles funding every hour, so multiply by 8 to compare with an 8-hour rate on Binance or Bybit (0.0384% per 8h).

How closely does the MINIMAX perp track the underlying?

The trade.xyz mark is 35.437 against an oracle of 35.409, a basis of +7.9 bps. Hyperliquid Guide measured 30-day tracking error (the standard deviation of the basis) across 101 HIP-3 markets: from 2.0 bps (SP500) to 43.3 bps (BIRD), with a median of 7.6 bps (source).

What is the MINIMAX open interest cap?

trade.xyz caps xyz:MINIMAX open interest at $50.00M; $4.80M is in use right now (10%). When a market reaches its cap, orders that would add open interest are rejected until it falls.