MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.012%

Price spread now: Bybit against BloFin−0.046%112s7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$57as 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−$570.570% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 3 days (all we have)−0.029%−$3 · spread now −0.046%, 7d avg +0.008%

Together, before fees−0.033%−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.054% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.008%). Swap the legs. The two prices were read 112 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	BloFin MNT-USDT	0.6493	0.0220	pay 0.0220% / 8h	1h 11m	$89K	$223K	25x
Short	Bybit MNTUSDT	0.6490	0.0100	get 0.0100% / 8h	1h 11m	$42.6M	$14.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.046%Rate

Funding earned: −$25.2
Price spread: −0.046% → +0.008%: −$5.39
Slippage, 4 orders: −$34.03
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$87.62
Costs to cover: 0.570%
Break-even: never at this rate

Slippage from BloFin: live order book, 64 min ago; Bybit: live order book, 3 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, 64 min ago	0.77 bp	18.4 bp −$18	49.5 bp −$495	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	0.77 bp	11.5 bp −$11	83.0 bp −$830	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	0.6492	−0.012%	$19	—	100x	as long as short
Injective MNT/USDC PERP	−0.0080%	1h	0.6526	+0.508%	$3K	$210K	12x	as long as short
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6492	−0.011%	$780	—	150x	as long as short
Hyperliquid MNT	+0.0100%	1h	0.6501	+0.129%	$6.5M	$920K	5x	as long as short
Bybit MNTUSDTshort	+0.0100%	8h	0.6490	−0.046%	$42.6M	$14.0M	25x
Gate MNT_USDT	+0.0100%	4h	0.6471	−0.339%	$410K	$132K	25x	as long as short
MEXC MNT_USDT	+0.0100%	8h	0.6491	−0.031%	$2.5M	$596K	100x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6488	−0.077%	—	$2.5M	—	as long as short
Variational Omni MNT	+0.0100%	8h	0.6493	−0.005%	$291K	$123K	—	as long as short
ApeX Omni MNTUSDT	+0.0100%	1h	0.6496	+0.046%	$10K	$635K	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	0.6498	+0.077%	$1K	—	10x	as long as short
BloFin MNT-USDTlong	+0.0220%	8h	0.6493	long leg	$89K	$223K	25x
Lighter MNT	+0.0280%	1h	0.6516	+0.362%	$140K	$70K	5x	as long as short
Kraken Futures PF_MNTUSD	+0.0318%	1h	0.6519	+0.395%	$17K	$20K	20x	as long as short
Backpack MNT_USDC_PERP	+0.0756%	1h	0.6500	+0.108%	$41K	$45K	10x	as long as short