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: BloFin against Bybit+0.219%82s7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$68as 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−$690.687% of the position

Long on Bybit Short on BloFin

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)−0.144%−$14 · spread now +0.219%, 7d avg −0.008%

Together, before fees−0.140%−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.227% dearer against Bybit than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.008%. The two prices were read 82 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	Bybit MNTUSDT	0.6487	0.0100	pay 0.0100% / 8h	1h 37m	$42.6M	$14.0M	25x
Short	BloFin MNT-USDT	0.6501	0.0220	get 0.0220% / 8h	1h 37m	$89K	$223K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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 BybitbpFee BloFinbpOrdersPrice spread, now +0.219%Rate

Funding earned: $25.2
Price spread: +0.219% → −0.008%: $22.66
Slippage, 4 orders: −$45.71
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$20.85
Costs to cover: 0.687%
Break-even: 12.8 days

Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 37 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 Bybit live order book, 1 min ago	0.77 bp	20.7 bp −$21	73.0 bp −$730	doesn't fit	doesn't fit
Sell BloFin live order book, 37 min ago	0.77 bp	11.0 bp −$11	46.4 bp −$464	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	0.6496	+0.135%	$19	—	100x	as long as short
Injective MNT/USDC PERP	−0.0080%	1h	0.6526	+0.604%	$3K	$210K	12x	as long as short
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6494	+0.116%	$780	—	150x	as long as short
Hyperliquid MNT	+0.0100%	1h	0.6499	+0.190%	$6.6M	$903K	5x	as long as short
Bybit MNTUSDTlong	+0.0100%	8h	0.6487	long leg	$42.6M	$14.0M	25x
Gate MNT_USDT	+0.0100%	4h	0.6477	−0.151%	$423K	$124K	25x	as long as short
MEXC MNT_USDT	+0.0100%	8h	0.6489	+0.034%	$2.5M	$593K	100x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6485	−0.028%	—	$2.5M	—	as long as short
Variational Omni MNT	+0.0100%	8h	0.6505	+0.277%	$292K	$123K	—	as long as short
ApeX Omni MNTUSDT	+0.0100%	1h	0.6502	+0.234%	$11K	$640K	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	0.6495	+0.126%	$1K	—	10x	as long as short
BloFin MNT-USDTshort	+0.0220%	8h	0.6501	+0.219%	$89K	$223K	25x
Lighter MNT	+0.0264%	1h	0.6508	+0.330%	$140K	$70K	5x	as long as short
Kraken Futures PF_MNTUSD	+0.0320%	1h	0.6490	+0.042%	$17K	$20K	20x	as long as short
Backpack MNT_USDC_PERP	+0.0780%	1h	0.6489	+0.034%	$46K	$44K	10x	as long as short