Funding you earn now, next payment 00:00 UTC+0.0090%/8h= +9.9% APRnext payment +$0.11 per $10,000 · paid last 24h +0.052%
Price spread now: Hyperliquid against gTrade (Gains Network)+0.157%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.157% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) MNT/USD | 0.6503 | L +0.0010% / S 0.0000% | pay 0.0001% / 1h | 32m 08s | $781 | — | 150x |
| Short | Hyperliquid MNT | 0.6513 | 0.0100 | get 0.0013% / 1h | 32m 08s | $6.6M | $952K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $18.91
- Price spread: +0.157% → 0.000%
- $15.72
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $15.63
- Costs to cover
- 0.190%
- Break-even
- 1.2 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Hyperliquid: live order book, 10 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 Hyperliquid live order book, 10 min ago | 0.76 bp | 19.4 bp −$19 | 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 | 0.6503 | +0.002% | $19 | — | 100x | as long as short |
| gTrade (Gains Network) MNT/USDlong | L +0.0010% / S 0.0000% | 1h | 0.6503 | long leg | $781 | — | 150x | |
| Injective MNT/USDC PERP | +0.0033% | 1h | 0.6526 | +0.352% | $3K | $210K | 12x | as long as short |
| Hyperliquid MNTshort | +0.0100% | 1h | 0.6513 | +0.157% | $6.6M | $952K | 5x | |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6501 | −0.032% | $42.8M | $14.5M | 25x | as long as short |
| Gate MNT_USDT | +0.0100% | 4h | 0.6475 | −0.432% | $405K | $148K | 25x | as long as short |
| MEXC MNT_USDT | +0.0100% | 8h | 0.6497 | −0.093% | $2.5M | $586K | 100x | as long as short |
| BingX MNT-USDT | +0.0100% | 8h | 0.6499 | −0.063% | — | $2.5M | — | as long as short |
| Variational Omni MNT | +0.0100% | 8h | 0.6519 | +0.249% | $296K | $169K | — | as long as short |
| ApeX Omni MNTUSDT | +0.0100% | 1h | 0.6516 | +0.199% | $11K | $630K | 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 | 0.6508 | +0.076% | $1K | — | 10x | as long as short |
| BloFin MNT-USDT | +0.0220% | 8h | 0.6494 | −0.140% | $89K | $218K | 25x | as long as short |
| Lighter MNT | +0.0440% | 1h | 0.6520 | +0.260% | $142K | $69K | 5x | as long as short |
| Kraken Futures PF_MNTUSD | +0.0648% | 1h | 0.6511 | +0.123% | $17K | $20K | 20x | as long as short |
| Backpack MNT_USDC_PERP | +0.0839% | 1h | 0.6502 | −0.017% | $40K | $46K | 10x | as long as short |
gTrade (Gains Network) MNT/USD
Hyperliquid MNT
GMX MNT/USD [ETH-USDC]
Injective MNT/USDC PERP
Bybit MNTUSDT
Gate MNT_USDT
MEXC MNT_USDT
BingX MNT-USDT
Variational Omni MNT
ApeX Omni MNTUSDT
BloFin MNT-USDT
Lighter MNT
Kraken Futures PF_MNTUSD
Backpack MNT_USDC_PERP