MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0461%/8h= −50.4% APRnext payment −$0.58 per $10,000 · paid last 24h −0.041%

Price spread now: ApeX Omni against Backpack−0.140%84s7-day average — · you buy dearer than you sell

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

Long on Backpack Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.448%−$45 on $10k

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and ApeX Omni is 0.140% cheaper against Backpack than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 84 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	Backpack MNT_USDC_PERP	0.6413	0.0143	pay 0.0018% / 1h	32m 09s	$50K	$55K	10x
Short	ApeX Omni MNTUSDT	0.6404	−0.0318	pay 0.0040% / 1h	32m 09s	$11K	$640K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Backpack. 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 BackpackbpFee ApeX OmnibpOrdersPrice spread, now −0.140%Rate

Funding earned: −$96.72
Price spread: −0.140% → 0.000%: −$14.03
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$130.76
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Backpack: no order-book sample; ApeX Omni: live order book, 36 min ago. 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 Backpack no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 36 min ago	4.61 bp	12.6 bp −$13	97.5 bp −$975	doesn't fit	doesn't fit

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 14 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	0.6418	+0.075%	$19	—	100x	as long as short
ApeX Omni MNTUSDTshort	−0.0318%	1h	0.6404	−0.140%	$11K	$640K	50x
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6418	+0.076%	$771	—	150x	as long as short
Injective MNT/USDC PERP	+0.0033%	1h	0.6526	+1.762%	$3K	$210K	12x	as long as short
Lighter MNT	+0.0096%	1h	0.6430	+0.270%	$138K	$73K	5x	as long as short
Hyperliquid MNT	+0.0100%	1h	0.6422	+0.140%	$6.6M	$946K	5x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6412	−0.016%	$42.0M	$15.0M	25x	as long as short
Gate MNT_USDT	+0.0100%	4h	0.6401	−0.187%	$413K	$164K	25x	as long as short
MEXC MNT_USDC	+0.0100%	8h	0.6411	−0.031%	$2.4M	$103K	125x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6411	−0.031%	—	$2.5M	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MNT	+0.0100%	8h	0.6401	−0.195%	$284K	$173K	—	as long as short
Orderly PERP_MNT_USDC	+0.0100%	8h	0.6420	+0.109%	$1K	—	10x	as long as short
Backpack MNT_USDC_PERPlong	+0.0143%	1h	0.6413	long leg	$50K	$55K	10x
Kraken Futures PF_MNTUSD	+0.0385%	1h	0.6411	−0.026%	$16K	$29K	20x	as long as short