Funding arb · Price arb /

MNT

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −11.0% APRpaid last 24h −0.030%

Price spread now: gTrade (Gains Network) against Gate+0.378%7-day average — · you sell dearer than you buy

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

Long on Gate Short on gTrade (Gains Network)

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

The price spread pays, funding is against you. gTrade (Gains Network) is 0.378% dearer against Gate than usual: you sell high and buy low (spread +0.378% now, against zero (this spread has no 7-day history yet)): +$38 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 13 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MNT_USDT	0.6475	0.0100	pay 0.0050% / 4h	1h 11m	$415K	$130K	25x
Short	gTrade (Gains Network) MNT/USD	0.6499	L +0.0010% / S 0.0000%	pay 0.0000% / 1h	11m 58s	$780	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Gate. 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 GatebpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.378%Rate

Funding earned: −$21.1
Price spread: +0.378% → 0.000%: $37.81
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$8.29
Costs to cover: 0.250%
Break-even: from the start

Slippage unknown: Gate: live order book, 4 min ago; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 4 min ago	11.58 bp	31.7 bp −$32	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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	0.6500	+0.379%	$19	—	100x	as long as short
Injective MNT/USDC PERP	−0.0080%	1h	0.6526	+0.788%	$3K	$210K	12x	as long as short
gTrade (Gains Network) MNT/USDshort	L +0.0010% / S 0.0000%	1h	0.6499	+0.378%	$780	—	150x
Hyperliquid MNT	+0.0100%	1h	0.6509	+0.531%	$6.5M	$920K	5x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6498	+0.355%	$42.6M	$14.0M	25x	as long as short
Gate MNT_USDTlong	+0.0100%	4h	0.6475	long leg	$415K	$130K	25x
MEXC MNT_USDT	+0.0100%	8h	0.6496	+0.324%	$2.5M	$596K	100x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6497	+0.340%	—	$2.5M	—	as long as short
Variational Omni MNT	+0.0100%	8h	0.6493	+0.273%	$291K	$123K	—	as long as short
ApeX Omni MNTUSDT	+0.0100%	1h	0.6494	+0.293%	$10K	$635K	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	0.6505	+0.463%	$1K	—	10x	as long as short
BloFin MNT-USDT	+0.0220%	8h	0.6493	+0.278%	$89K	$223K	25x	as long as short
Lighter MNT	+0.0280%	1h	0.6518	+0.659%	$140K	$70K	5x	as long as short
Kraken Futures PF_MNTUSD	+0.0318%	1h	0.6524	+0.758%	$17K	$20K	20x	as long as short
Backpack MNT_USDC_PERP	+0.0756%	1h	0.6500	+0.386%	$41K	$45K	10x	as long as short