MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.23 per $10,000 · paid last 24h +0.088%

Price spread now: Lighter against ApeX Omni−0.008%78s7-day average +0.128% · you buy dearer than you sell

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$690.691% of the position

Long on ApeX Omni Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.283%+$28 on $10k

Price spread, last 3 days (all we have)+0.142%+$14 · spread now −0.008%, 7d avg +0.128%

Together, before fees+0.425%+ Points / potential airdropLighter: Season 3 · farm board+$42 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter is 0.136% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.008% now, against its 7-day average of +0.128%). If the spread goes back, that is −$14 on $10k: about 2.5 days of funding at the current rate (+$5 a day). The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MNTUSDT	0.6496	0.0100	pay 0.0013% / 1h	9m 57s	$10K	$635K	50x
Short	Lighter MNT	0.6495	0.0280	get 0.0035% / 1h	9m 57s	$140K	$70K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

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

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

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 LighterbpOrdersPrice spread, now −0.008%Rate

Funding earned: $37.8
Price spread: −0.008% → +0.128%: −$13.55
Slippage, 4 orders: −$59.12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$44.87
Costs to cover: 0.691%
Break-even: 15.3 days

Slippage from ApeX Omni: live order book, 8 min ago; Lighter: live order book, 63 min ago.

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	4.62 bp	12.3 bp −$12	97.4 bp −$974	doesn't fit	doesn't fit
Sell Lighter live order book, 63 min ago	9.74 bp	14.9 bp −$15	82.9 bp −$829	doesn't fit	doesn't fit

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	0.6478	−0.279%	$19	—	100x	as long as short
Injective MNT/USDC PERP	−0.0080%	1h	0.6526	+0.462%	$3K	$210K	12x	as long as short
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6479	−0.258%	$778	—	150x	as long as short
Hyperliquid MNT	+0.0100%	1h	0.6487	−0.140%	$6.5M	$921K	5x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6476	−0.308%	$42.5M	$14.1M	25x	as long as short
Gate MNT_USDT	+0.0100%	4h	0.6453	−0.662%	$408K	$137K	25x	as long as short
MEXC MNT_USDT	+0.0100%	8h	0.6478	−0.277%	$2.5M	$596K	100x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6473	−0.354%	—	$2.5M	—	as long as short
Variational Omni MNT	+0.0100%	8h	0.6489	−0.114%	$293K	$125K	—	as long as short
ApeX Omni MNTUSDTlong	+0.0100%	1h	0.6496	long leg	$10K	$635K	50x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_MNT_USDC	+0.0100%	8h	0.6486	−0.154%	$1K	—	10x	as long as short
BloFin MNT-USDT	+0.0220%	8h	0.6494	−0.031%	$89K	$223K	25x	as long as short
Lighter MNTshort	+0.0280%	1h	0.6495	−0.008%	$140K	$70K	5x
Kraken Futures PF_MNTUSD	+0.0319%	1h	0.6502	+0.090%	$17K	$20K	20x	as long as short
Backpack MNT_USDC_PERP	+0.0749%	1h	0.6476	−0.308%	$41K	$45K	10x	as long as short