Funding arb · Price arb /

MNT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0090%/8h= +9.9% APRpaid last 24h +0.027%

Price spread now: Gate against gTrade (Gains Network)−0.313%7-day average — · you buy dearer than you sell

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

Long on gTrade (Gains Network)Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—needs both histories

Funding pays, the price is against you. Gate is 0.313% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.313% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$31 on $10k: about 12 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) MNT/USD	0.6467	L +0.0010% / S 0.0000%	pay 0.0001% / 1h	2m 57s	$777	—	150x
Short	Gate MNT_USDT	0.6447	0.0100	get 0.0050% / 4h	2m 57s	$434K	$175K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee GatebpOrdersPrice spread, now −0.313%Rate

Funding earned: $18.91
Price spread: −0.313% → 0.000%: −$31.31
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$37.4
Costs to cover: 0.250%
Break-even: 20.8 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Gate: live order book, 53 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Gate live order book, 53 min ago	10.85 bp	35.1 bp −$35	doesn't fit	doesn't fit	doesn't fit

gTrade (Gains Network): 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 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	0.6468	+0.013%	$19	—	100x	as long as short
Kraken Futures PF_MNTUSD	−0.0565%	1h	0.6467	−0.003%	$16K	$28K	20x	as long as short
gTrade (Gains Network) MNT/USDlong	L +0.0010% / S 0.0000%	1h	0.6467	long leg	$777	—	150x
Injective MNT/USDC PERP	+0.0033%	1h	0.6526	+0.908%	$3K	$210K	12x	as long as short
Hyperliquid MNT	+0.0100%	1h	0.6477	+0.151%	$6.6M	$879K	5x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6466	−0.019%	$42.4M	$14.7M	25x	as long as short
Gate MNT_USDTshort	+0.0100%	4h	0.6447	−0.313%	$434K	$175K	25x
MEXC MNT_USDC	+0.0100%	8h	0.6463	−0.066%	$2.4M	$107K	125x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6463	−0.066%	—	$2.5M	—	as long as short
Variational Omni MNT	+0.0100%	8h	0.6462	−0.075%	$287K	$111K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni MNTUSDT	+0.0100%	1h	0.6468	+0.012%	$11K	$640K	50x	as long as short
Orderly PERP_MNT_USDC	+0.0100%	8h	0.6462	−0.081%	$1K	—	10x	as long as short
Backpack MNT_USDC_PERP	+0.0140%	1h	0.6467	−0.004%	$40K	$55K	10x	as long as short
BloFin MNT-USDT	+0.0220%	8h	0.6468	+0.012%	$90K	$214K	25x	as long as short
Lighter MNT	+0.0408%	1h	0.6485	+0.268%	$142K	$75K	5x	as long as short