Funding arb · Price arb /

MNT

all MNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0549%/8h= +60.1% APRpaid last 24h +0.108%

Price spread now: Kraken Futures against Gate+0.257%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 Kraken Futures

What this pair did over the last

the charts below follow

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—needs both histories

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Kraken Futures is 0.257% dearer against Gate than usual: you sell high and buy low: +$26 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	Gate MNT_USDT	0.6489	0.0100	pay 0.0050% / 4h	5m 06s	$413K	$152K	25x
Short	Kraken Futures PF_MNTUSD	0.6506	0.0649	get 0.0081% / 1h	5m 06s	$17K	$20K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now +0.257%Rate

Funding earned: $115.24
Price spread: +0.257% → 0.000%: $25.68
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $115.92
Costs to cover: 0.250%
Break-even: from the start

Slippage unknown: Gate: live order book, 5 min ago; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Gate live order book, 5 min ago	10.79 bp	31.1 bp −$31	doesn't fit	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

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.

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	0.6506	+0.266%	$19	—	100x	as long as short
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6506	+0.268%	$781	—	150x	as long as short
Injective MNT/USDC PERP	+0.0033%	1h	0.6526	+0.570%	$3K	$210K	12x	as long as short
Hyperliquid MNT	+0.0100%	1h	0.6511	+0.339%	$6.7M	$1.0M	5x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6499	+0.148%	$42.8M	$14.5M	25x	as long as short
Gate MNT_USDTlong	+0.0100%	4h	0.6489	long leg	$413K	$152K	25x
MEXC MNT_USDT	+0.0100%	8h	0.6500	+0.170%	$2.5M	$588K	100x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6495	+0.092%	—	$2.5M	—	as long as short
Variational Omni MNT	+0.0100%	8h	0.6502	+0.195%	$294K	$168K	—	as long as short
ApeX Omni MNTUSDT	+0.0100%	1h	0.6512	+0.354%	$11K	$634K	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	0.6512	+0.354%	$1K	—	10x	as long as short
BloFin MNT-USDT	+0.0220%	8h	0.6506	+0.262%	$89K	$219K	25x	as long as short
Lighter MNT	+0.0472%	1h	0.6519	+0.464%	$140K	$71K	5x	as long as short
Kraken Futures PF_MNTUSDshort	+0.0649%	1h	0.6506	+0.257%	$17K	$20K	20x
Backpack MNT_USDC_PERP	+0.0757%	1h	0.6499	+0.154%	$39K	$47K	10x	as long as short