Settings8H · net · $10k
Funding arb · Price arb /

MNT

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0218%/8h= +23.9% APRnext payment +$0.27 per $10,000 · paid last 24h +0.148%
Price spread now: Kraken Futures against gTrade (Gains Network)+0.229%52s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Kraken Futures is 0.229% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) MNT/USD0.6506L +0.0010% / S 0.0000%pay 0.0001% / 1h12m 26s$781150x
ShortKraken Futures PF_MNTUSD0.65210.0228get 0.0028% / 1h12m 26s$17K$20K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Funding earned
$45.75
Price spread: +0.229% → 0.000%
$22.93
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$48.68
Costs to cover
0.200%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Kraken Futures no order-book sample
gTrade (Gains Network) and Kraken Futures: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX MNT/USD [ETH-USDC]L −0.2622% / S +0.0192%1h0.6506+0.003%$19100xas long as short
Injective MNT/USDC PERP−0.0092%1h0.6526+0.307%$3K$210K12xas long as short
gTrade (Gains Network) MNT/USDlongL +0.0010% / S 0.0000%1h0.6506long leg$781150x
Bybit MNTUSDT+0.0100%8h0.6504−0.031%$42.9M$13.6M25xas long as short
Gate MNT_USDT+0.0100%4h0.6495−0.169%$413K$115K25xas long as short
MEXC MNT_USDT+0.0100%8h0.6502−0.062%$2.5M$585K100xas long as short
BingX MNT-USDT+0.0100%8h0.6503−0.046%$2.5Mas long as short
Variational Omni MNT+0.0100%8h0.6513+0.111%$293K$117Kas long as short
ApeX Omni MNTUSDT+0.0100%1h0.6512+0.092%$11K$640K50xas long as short
Orderly PERP_MNT_USDC+0.0100%8h0.6512+0.092%$1K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MNT+0.0118%1h0.6516+0.152%$6.6M$897K5xas long as short
BloFin MNT-USDT+0.0220%8h0.6511+0.077%$89K$217K25xas long as short
Kraken Futures PF_MNTUSDshort+0.0228%1h0.6521+0.229%$17K$20K20x
Lighter MNT+0.0632%1h0.6523+0.264%$140K$70K5xas long as short
Backpack MNT_USDC_PERP+0.0671%1h0.6505−0.016%$40K$34K10xas long as short