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
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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX MNT/USD [ETH-USDC] | 0.6513 | L −0.2622% / S +0.0192% | get 0.0328% / 1h | 56m 03s | $19 | — | 100x |
| Short | Injective MNT/USDC PERP | 0.6526 | 0.0033 | get 0.0004% / 1h | 56m 03s | $3K | $210K | 12x |
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 itlatest
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| Leg | Half-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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GMX MNT/USD [ETH-USDC]long | L −0.2622% / S +0.0192% | 1h | 0.6513 | long leg | $19 | — | 100x | |
| gTrade (Gains Network) MNT/USD | L +0.0010% / S 0.0000% | 1h | 0.6513 | −0.007% | $782 | — | 150x | as long as short |
| Injective MNT/USDC PERPshort | +0.0033% | 1h | 0.6526 | +0.195% | $3K | $210K | 12x | |
| Hyperliquid MNT | +0.0100% | 1h | 0.6539 | +0.391% | $6.6M | $931K | 5x | as long as short |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6542 | +0.448% | $42.9M | $14.1M | 25x | as long as short |
| Gate MNT_USDT | +0.0100% | 4h | 0.6509 | −0.066% | $410K | $139K | 25x | as long as short |
| MEXC MNT_USDT | +0.0100% | 8h | 0.6525 | +0.179% | $2.5M | $585K | 100x | as long as short |
| BingX MNT-USDT | +0.0100% | 8h | 0.6535 | +0.333% | — | $2.5M | — | as long as short |
| Variational Omni MNT | +0.0100% | 8h | 0.6489 | −0.379% | $271K | $146K | — | as long as short |
| ApeX Omni MNTUSDT | +0.0100% | 1h | 0.6496 | −0.266% | $10K | $633K | 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 | 0.6513 | −0.005% | $1K | — | 10x | as long as short |
| BloFin MNT-USDT | +0.0220% | 8h | 0.6504 | −0.143% | $89K | $218K | 25x | as long as short |
| Lighter MNT | +0.0336% | 1h | 0.6531 | +0.271% | $141K | $67K | 5x | as long as short |
| Kraken Futures PF_MNTUSD | +0.0647% | 1h | 0.6522 | +0.133% | $17K | $20K | 20x | as long as short |
| Backpack MNT_USDC_PERP | +0.0903% | 1h | 0.6527 | +0.210% | $41K | $45K | 10x | as long as short |
GMX MNT/USD [ETH-USDC]
Injective MNT/USDC PERP
gTrade (Gains Network) MNT/USD
Hyperliquid MNT
Bybit MNTUSDT
Gate MNT_USDT
MEXC MNT_USDT
BingX MNT-USDT
Variational Omni MNT
ApeX Omni MNTUSDT
BloFin MNT-USDT
Lighter MNT
Kraken Futures PF_MNTUSD
Backpack MNT_USDC_PERP