MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0128%/8h= +14.0% APRnext payment +$0.16 per $10,000 · paid last 24h +0.096%

Price spread now: Kraken Futures against Hyperliquid−0.096%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid 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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories

Funding pays, the price is against you. Kraken Futures is 0.096% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.096% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 2.5 days of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid MNT	0.6527	0.0100	pay 0.0013% / 1h	52m 10s	$6.6M	$888K	5x
Short	Kraken Futures PF_MNTUSD	0.6521	0.0228	get 0.0028% / 1h	52m 10s	$17K	$20K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Hyperliquid. 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 HyperliquidbpFee Kraken FuturesbpOrdersPrice spread, now −0.096%Rate

Funding earned: $26.84
Price spread: −0.096% → 0.000%: −$9.57
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$1.73
Costs to cover: 0.190%
Break-even: 7.5 days

Slippage unknown: Hyperliquid: live order book, 10 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 Hyperliquid live order book, 10 min ago	1.91 bp	24.1 bp −$24	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	0.6519	−0.131%	$19	—	100x	as long as short
Injective MNT/USDC PERP	−0.0092%	1h	0.6522	−0.080%	$3K	$171K	12x	as long as short
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6520	−0.118%	$783	—	150x	as long as short
Hyperliquid MNTlong	+0.0100%	1h	0.6527	long leg	$6.6M	$888K	5x
Bybit MNTUSDT	+0.0100%	8h	0.6517	−0.156%	$43.0M	$13.6M	25x	as long as short
Gate MNT_USDT	+0.0100%	4h	0.6502	−0.386%	$413K	$115K	25x	as long as short
MEXC MNT_USDT	+0.0100%	8h	0.6515	−0.187%	$2.5M	$583K	100x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6513	−0.218%	—	$2.5M	—	as long as short
Variational Omni MNT	+0.0100%	8h	0.6519	−0.126%	$294K	$117K	—	as long as short
ApeX Omni MNTUSDT	+0.0100%	1h	0.6514	−0.202%	$11K	$639K	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	0.6527	−0.003%	$1K	—	10x	as long as short
BloFin MNT-USDT	+0.0220%	8h	0.6511	−0.248%	$89K	$218K	25x	as long as short
Kraken Futures PF_MNTUSDshort	+0.0228%	1h	0.6521	−0.096%	$17K	$20K	20x
Lighter MNT	+0.0416%	1h	0.6534	+0.103%	$136K	$66K	5x	as long as short
Backpack MNT_USDC_PERP	+0.0665%	1h	0.6517	−0.156%	$40K	$35K	10x	as long as short