MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0569%/8h= +62.3% APRnext payment +$0.71 per $10,000 · paid last 24h +0.033%

Price spread now: Backpack against ApeX Omni−0.107%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Backpack

What this pair did over the last

the charts below follow

Funding, last 7 days+0.425%+$42 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Backpack is 0.107% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.107% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 15 hours of funding at the current rate (+$17 a day). At the pace of the last 7 days (+0.425% in total) that is about 43 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MNTUSDT	0.6514	0.0100	pay 0.0013% / 1h	15m 02s	$11K	$641K	50x
Short	Backpack MNT_USDC_PERP	0.6507	0.0669	get 0.0084% / 1h	15m 02s	$40K	$34K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee BackpackbpOrdersPrice spread, now −0.107%Rate

Funding earned: $119.39
Price spread: −0.107% → 0.000%: −$10.75
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Backpack: 5 bp × 2 orders: −$10
Net: $88.64
Costs to cover: 0.200%
Break-even: 1.8 days

Slippage unknown: ApeX Omni: live order book, 8 min ago; Backpack: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy ApeX Omni live order book, 8 min ago	4.59 bp	12.1 bp −$12	78.5 bp −$785	doesn't fit	doesn't fit
Sell Backpack no order-book sample	—	—	—	—	—

Backpack: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

MNT on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GMX MNT/USD [ETH-USDC]	L −0.2622% / S +0.0192%	1h	0.6508	−0.086%	$19	—	100x	as long as short
Injective MNT/USDC PERP	−0.0092%	1h	0.6526	+0.184%	$3K	$210K	12x	as long as short
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6508	−0.085%	$781	—	150x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6508	−0.097%	$43.0M	$13.6M	25x	as long as short
Gate MNT_USDT	+0.0100%	4h	0.6499	−0.230%	$413K	$115K	25x	as long as short
MEXC MNT_USDT	+0.0100%	8h	0.6507	−0.107%	$2.5M	$585K	100x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6505	−0.138%	—	$2.5M	—	as long as short
Variational Omni MNT	+0.0100%	8h	0.6513	−0.012%	$293K	$117K	—	as long as short
ApeX Omni MNTUSDTlong	+0.0100%	1h	0.6514	long leg	$11K	$641K	50x
Orderly PERP_MNT_USDC	+0.0100%	8h	0.6520	+0.092%	$1K	—	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid MNT	+0.0112%	1h	0.6519	+0.075%	$6.6M	$897K	5x	as long as short
BloFin MNT-USDT	+0.0220%	8h	0.6511	−0.046%	$89K	$217K	25x	as long as short
Kraken Futures PF_MNTUSD	+0.0228%	1h	0.6523	+0.133%	$17K	$20K	20x	as long as short
Lighter MNT	+0.0640%	1h	0.6526	+0.178%	$140K	$70K	5x	as long as short
Backpack MNT_USDC_PERPshort	+0.0669%	1h	0.6507	−0.107%	$40K	$34K	10x