Funding you earn now, next payment 09:00 UTC+0.0086%/8h= +9.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.118%
Price spread now: Lighter against gTrade (Gains Network)+0.390%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.390% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$39 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 | 0.6415 | L +0.0010% / S 0.0000% | pay 0.0001% / 1h | 54m 42s | $770 | — | 150x |
| Short | Lighter MNT | 0.6440 | 0.0096 | get 0.0012% / 1h | 54m 42s | $146K | $88K | 5x |
gTrade (Gains Network) MNT/USD
Lighter MNTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $18.07
- Price spread: +0.390% → 0.000%
- $39.03
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $47.11
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 25 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 Lighter live order book, 25 min ago | 9.63 bp | 16.0 bp −$16 | 102.6 bp −$1,026 | 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 | 0.6414 | −0.004% | $19 | — | 100x | as long as short |
| gTrade (Gains Network) MNT/USDlong | L +0.0010% / S 0.0000% | 1h | 0.6415 | long leg | $770 | — | 150x | |
| Injective MNT/USDC PERP | +0.0033% | 1h | 0.6526 | +1.734% | $3K | $210K | 12x | as long as short |
| Lighter MNTshort | +0.0096% | 1h | 0.6440 | +0.390% | $146K | $88K | 5x | |
| Hyperliquid MNT | +0.0100% | 1h | 0.6432 | +0.273% | $6.4M | $921K | 5x | as long as short |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6425 | +0.155% | $42.3M | $15.2M | 25x | as long as short |
| Gate MNT_USDT | +0.0100% | 4h | 0.6418 | +0.051% | $451K | $176K | 25x | as long as short |
| MEXC MNT_USDC | +0.0100% | 8h | 0.6422 | +0.113% | $2.4M | $103K | 125x | as long as short |
| BingX MNT-USDT | +0.0100% | 8h | 0.6427 | +0.191% | — | $2.6M | — | as long as short |
| Backpack MNT_USDC_PERP | +0.0100% | 1h | 0.6416 | +0.019% | $40K | $61K | 10x | as long as short |
GMX MNT/USD [ETH-USDC]
Injective MNT/USDC PERP
Hyperliquid MNT
Bybit MNTUSDT
Gate MNT_USDT
MEXC MNT_USDC
BingX MNT-USDT
Backpack MNT_USDC_PERPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MNT | +0.0100% | 8h | 0.6422 | +0.120% | $287K | $112K | — | as long as short |
| ApeX Omni MNTUSDT | +0.0100% | 1h | 0.6432 | +0.269% | $11K | $637K | 50x | as long as short |
| Orderly PERP_MNT_USDC | +0.0100% | 8h | 0.6421 | +0.097% | $1K | $74 | 10x | as long as short |
| BloFin MNT-USDT | +0.0302% | 8h | 0.6415 | +0.004% | $91K | $187K | 25x | as long as short |
| Kraken Futures PF_MNTUSD | +0.1536% | 1h | 0.6415 | +0.007% | $16K | $40K | 20x | as long as short |
Variational Omni MNT
ApeX Omni MNTUSDT
Orderly PERP_MNT_USDC
BloFin MNT-USDT
Kraken Futures PF_MNTUSD