Trade MiniMax (MINIMAX) Perpetuals

Go long or short on MiniMax 24/7 with leverage — no shares, no market hours. Below are the live MINIMAX perp price, funding rate and the best platforms to trade it.

Trade MINIMAX on Perpmate
Mark Price
$27.72
Funding APR
+41.0%
Max Leverage
10x
24h Volume
$4.4M

Live data from Hyperliquid, updated hourly. Funding is currently positive — longs are paying shorts to hold MINIMAX.

Where to trade MINIMAX perps

PlatformFeesMax LeverageTrade
PerpmatePopularLow maker/taker feesUp to 50xTrade →
HyperliquidLow maker/taker feesUp to 20x (equities)Trade →
LighterZero fees for retailUp to 20xTrade →
OstiumHas trading feesUp to 200xTrade →
AvantisLow feesUp to 50x+Trade →

See all 12 platforms compared →

How MINIMAX perpetuals work

A MINIMAX perpetual tracks the live price of MiniMax without ever expiring. Instead of buying shares through a broker during market hours, you open a leveraged position on-chain that settles in stablecoins — so you can trade MINIMAX nights, weekends and holidays.

A small funding rate is exchanged between longs and shorts to keep the MINIMAX perp price tethered to the real MiniMaxshare price. When funding is positive, longs pay shorts; when it's negative, shorts pay longs. Right now MINIMAX funding is +41.0% APR.

MINIMAX perps FAQ

What is a MINIMAX perpetual?+

A MINIMAX perpetual (or "MINIMAX perp") is a futures contract that tracks the price of MiniMax with no expiry date. You can go long or short with leverage, 24/7, without owning the actual MiniMax shares. A periodic funding payment keeps the perp price anchored to the underlying MINIMAX price.

Can I short MINIMAX with perps?+

Yes. Perps let you short MINIMAX as easily as going long — no share borrow, no locate fees. Open a short position on a platform like Perpmate to profit if MiniMax falls.

Where is the best place to trade MINIMAX perps?+

Perpmate is our top-rated venue for MINIMAX perps — low maker/taker fees, up to 50x leverage and 24/7 access with no KYC. See the full platform comparison below.

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