Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −11.0% APRnext payment −$0.13 per $10,000 · paid last 24h −0.055%
Price spread now: gTrade (Gains Network) against Hyperliquid−0.141%7-day average — · you buy dearer than you sell
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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.141% cheaper against Hyperliquid than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MNT | 0.6482 | 0.0100 | pay 0.0013% / 1h | 53m 35s | $6.6M | $879K | 5x |
| Short | gTrade (Gains Network) MNT/USD | 0.6473 | L +0.0010% / S 0.0000% | pay 0.0000% / 1h | 53m 35s | $777 | — | 150x |
Hyperliquid MNT
gTrade (Gains Network) MNT/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Hyperliquid. 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
- −$21.1
- Price spread: −0.141% → 0.000%
- −$14.13
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$54.23
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 9 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 Hyperliquid live order book, 9 min ago | 1.86 bp | 21.7 bp −$22 | 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 | 0.6473 | −0.146% | $19 | — | 100x | as long as short |
| Kraken Futures PF_MNTUSD | −0.0564% | 1h | 0.6468 | −0.213% | $16K | $28K | 20x | as long as short |
| gTrade (Gains Network) MNT/USDshort | L +0.0010% / S 0.0000% | 1h | 0.6473 | −0.141% | $777 | — | 150x | |
| Injective MNT/USDC PERP | +0.0033% | 1h | 0.6526 | +0.677% | $3K | $210K | 12x | as long as short |
| Hyperliquid MNTlong | +0.0100% | 1h | 0.6482 | long leg | $6.6M | $879K | 5x | |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6471 | −0.171% | $42.4M | $14.7M | 25x | as long as short |
| Gate MNT_USDT | +0.0100% | 4h | 0.6454 | −0.434% | $433K | $173K | 25x | as long as short |
| MEXC MNT_USDC | +0.0100% | 8h | 0.6464 | −0.279% | $2.4M | $104K | 125x | as long as short |
| BingX MNT-USDT | +0.0100% | 8h | 0.6468 | −0.218% | — | $2.5M | — | as long as short |
| Backpack MNT_USDC_PERP | +0.0100% | 1h | 0.6471 | −0.171% | $41K | $57K | 10x | as long as short |
GMX MNT/USD [ETH-USDC]
Kraken Futures PF_MNTUSD
Injective MNT/USDC PERP
Bybit MNTUSDT
Gate MNT_USDT
MEXC MNT_USDC
BingX MNT-USDT
Backpack MNT_USDC_PERPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MNT | +0.0100% | 8h | 0.6467 | −0.226% | $287K | $173K | — | as long as short |
| ApeX Omni MNTUSDT | +0.0100% | 1h | 0.6448 | −0.526% | $11K | $646K | 50x | as long as short |
| Orderly PERP_MNT_USDC | +0.0100% | 8h | 0.6472 | −0.156% | $1K | — | 10x | as long as short |
| BloFin MNT-USDT | +0.0220% | 8h | 0.6461 | −0.326% | $91K | $212K | 25x | as long as short |
| Lighter MNT | +0.0464% | 1h | 0.6489 | +0.113% | $142K | $75K | 5x | as long as short |
Variational Omni MNT
ApeX Omni MNTUSDT
Orderly PERP_MNT_USDC
BloFin MNT-USDT
Lighter MNT