MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0160%/8h= −17.6% APRnext payment −$1.60 per $10,000 · paid last 24h −0.023%

Price spread now: BingX against BloFin+0.078%7-day average −0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$930.926% of the position

Long on BloFin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.010%−$1 on $10k

Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.078%, 7d avg −0.007%

Together, before fees−0.116%−$12 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.085% dearer against BloFin than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of −0.007%): +$8 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 42 hours. At the pace of the last 7 days (−0.010% in total) that is about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MNT-USDT	0.6432	0.0260	pay 0.0260% / 8h	2h 38m	$90K	$222K	25x
Short	BingX MNT-USDT	0.6437	0.0100	get 0.0100% / 8h	2h 38m	—	$2.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against BloFin. 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 BloFinbpFee BingXbpOrdersPrice spread, now +0.078%Rate

Funding earned: −$33.69
Price spread: +0.078% → −0.007%: $8.47
Slippage, 4 orders: −$70.6
Fee BloFin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$117.82
Costs to cover: 0.926%
Break-even: never at this rate

Slippage from BloFin: live order book, 42 min ago; BingX: live order book, 6 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 BloFin live order book, 42 min ago	3.08 bp	20.6 bp −$21	65.4 bp −$654	doesn't fit	doesn't fit
Sell BingX live order book, 6 min ago	1.54 bp	22.5 bp −$23	82.5 bp −$825	320.9 bp −$32.1K	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	0.6442	+0.149%	$19	—	100x	as long as short
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6443	+0.176%	$774	—	150x	as long as short
Injective MNT/USDC PERP	+0.0033%	1h	0.6526	+1.461%	$3K	$210K	12x	as long as short
Hyperliquid MNT	+0.0100%	1h	0.6445	+0.205%	$6.5M	$875K	5x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6436	+0.062%	$42.4M	$14.7M	25x	as long as short
Gate MNT_USDT	+0.0100%	4h	0.6429	−0.047%	$436K	$179K	25x	as long as short
MEXC MNT_USDC	+0.0100%	8h	0.6438	+0.093%	$2.4M	$105K	125x	as long as short
BingX MNT-USDTshort	+0.0100%	8h	0.6437	+0.078%	—	$2.5M	—
Variational Omni MNT	+0.0100%	8h	0.6453	+0.333%	$287K	$110K	—	as long as short
ApeX Omni MNTUSDT	+0.0100%	1h	0.6461	+0.451%	$11K	$637K	50x	as long as short

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	0.6449	+0.264%	$1K	$74	10x	as long as short
BloFin MNT-USDTlong	+0.0260%	8h	0.6432	long leg	$90K	$222K	25x
Lighter MNT	+0.0328%	1h	0.6457	+0.387%	$147K	$86K	5x	as long as short
Backpack MNT_USDC_PERP	+0.0591%	1h	0.6435	+0.047%	$36K	$57K	10x	as long as short
Kraken Futures PF_MNTUSD	+0.1009%	1h	0.6442	+0.148%	$16K	$39K	20x	as long as short