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

MNT

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.2655%/8h= +290.8% APRnext payment +$3.32 per $10,000 · paid last 24h +0.720%
Price spread now: Injective against GMX+0.195%57s7-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 +$80 a day on $10k at the current rate, and Injective is 0.195% dearer against GMX than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX MNT/USD [ETH-USDC]0.6513L −0.2622% / S +0.0192%get 0.0328% / 1h56m 03s$19100x
ShortInjective MNT/USDC PERP0.65260.0033get 0.0004% / 1h56m 03s$3K$210K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against GMX. 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
$557.65
Price spread: +0.195% → 0.000%
$19.47
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$565.1
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: GMX: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Injective no order-book sample
GMX and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX MNT/USD [ETH-USDC]longL −0.2622% / S +0.0192%1h0.6513long leg$19100x
gTrade (Gains Network) MNT/USDL +0.0010% / S 0.0000%1h0.6513−0.007%$782150xas long as short
Injective MNT/USDC PERPshort+0.0033%1h0.6526+0.195%$3K$210K12x
Hyperliquid MNT+0.0100%1h0.6539+0.391%$6.6M$931K5xas long as short
Bybit MNTUSDT+0.0100%8h0.6542+0.448%$42.9M$14.1M25xas long as short
Gate MNT_USDT+0.0100%4h0.6509−0.066%$410K$139K25xas long as short
MEXC MNT_USDT+0.0100%8h0.6525+0.179%$2.5M$585K100xas long as short
BingX MNT-USDT+0.0100%8h0.6535+0.333%$2.5Mas long as short
Variational Omni MNT+0.0100%8h0.6489−0.379%$271K$146Kas long as short
ApeX Omni MNTUSDT+0.0100%1h0.6496−0.266%$10K$633K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_MNT_USDC+0.0100%8h0.6513−0.005%$1K10xas long as short
BloFin MNT-USDT+0.0220%8h0.6504−0.143%$89K$218K25xas long as short
Lighter MNT+0.0336%1h0.6531+0.271%$141K$67K5xas long as short
Kraken Futures PF_MNTUSD+0.0647%1h0.6522+0.133%$17K$20K20xas long as short
Backpack MNT_USDC_PERP+0.0903%1h0.6527+0.210%$41K$45K10xas long as short