Funding you earn now, next payment 00:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.029%
Price spread now: Injective against Gate+0.524%54s7-day average +0.292% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.171%+$17 on $10k
+Price spread, last 3 days (all we have)−2.254%−$225 · spread now +0.524%, 7d avg +0.292%
=The price spread pays, funding is against you. Injective is 0.231% dearer against Gate than usual: you sell high and buy low (spread +0.524% now, against its 7-day average of +0.292%): +$23 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 12 days. Mind the row above: over the last 7 days funding on this pair paid +0.171%, so the current rate has only just turned against you. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate MNT_USDT | 0.6492 | 0.0100 | pay 0.0050% / 4h | 10m 17s | $407K | $148K | 25x |
| Short | Injective MNT/USDC PERP | 0.6526 | 0.0033 | get 0.0004% / 1h | 10m 17s | $3K | $210K | 12x |
Gate MNT_USDT
Injective MNT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Gate. 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
- −$14
- Price spread: +0.524% → +0.292%
- $23.14
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$5.88
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Gate: live order book, just now; Injective: 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, just now | 10.79 bp | 31.1 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | 0.6511 | +0.292% | $19 | — | 100x | as long as short |
| gTrade (Gains Network) MNT/USD | L +0.0010% / S 0.0000% | 1h | 0.6511 | +0.291% | $782 | — | 150x | as long as short |
| Injective MNT/USDC PERPshort | +0.0033% | 1h | 0.6526 | +0.524% | $3K | $210K | 12x | |
| Hyperliquid MNT | +0.0100% | 1h | 0.6520 | +0.431% | $6.7M | $1.0M | 5x | as long as short |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6510 | +0.273% | $42.9M | $14.5M | 25x | as long as short |
| Gate MNT_USDTlong | +0.0100% | 4h | 0.6492 | long leg | $407K | $148K | 25x | |
| MEXC MNT_USDT | +0.0100% | 8h | 0.6508 | +0.246% | $2.5M | $588K | 100x | as long as short |
| BingX MNT-USDT | +0.0100% | 8h | 0.6504 | +0.185% | — | $2.5M | — | as long as short |
| Variational Omni MNT | +0.0100% | 8h | 0.6509 | +0.255% | $294K | $169K | — | as long as short |
| ApeX Omni MNTUSDT | +0.0100% | 1h | 0.6516 | +0.370% | $11K | $633K | 50x | as long as short |
GMX MNT/USD [ETH-USDC]
gTrade (Gains Network) MNT/USD
Hyperliquid MNT
Bybit MNTUSDT
MEXC MNT_USDT
BingX MNT-USDT
Variational Omni MNT
ApeX Omni MNTUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_MNT_USDC | +0.0100% | 8h | 0.6512 | +0.308% | $1K | — | 10x | as long as short |
| BloFin MNT-USDT | +0.0220% | 8h | 0.6510 | +0.277% | $89K | $219K | 25x | as long as short |
| Lighter MNT | +0.0464% | 1h | 0.6529 | +0.568% | $140K | $71K | 5x | as long as short |
| Kraken Futures PF_MNTUSD | +0.0647% | 1h | 0.6525 | +0.515% | $17K | $20K | 20x | as long as short |
| Backpack MNT_USDC_PERP | +0.0788% | 1h | 0.6507 | +0.231% | $39K | $47K | 10x | as long as short |
Orderly PERP_MNT_USDC
BloFin MNT-USDT
Lighter MNT
Kraken Futures PF_MNTUSD
Backpack MNT_USDC_PERP