Funding you earn now, next payment 04:00 UTC−0.0225%/8h= −24.6% APRnext payment −$0.28 per $10,000 · paid last 24h −0.058%
Price spread now: GMX against Injective−0.908%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—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and GMX is 0.908% cheaper against Injective than usual: you would sell low and buy high (−$91 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 | Injective MNT/USDC PERP | 0.6526 | 0.0033 | pay 0.0004% / 1h | 1m 19s | $3K | $210K | 12x |
| Short | GMX MNT/USD [ETH-USDC] | 0.6467 | L −0.2622% / S +0.0192% | pay 0.0024% / 1h | 1m 19s | $19 | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Injective. 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
- −$47.26
- Price spread: −0.908% → 0.000%
- −$90.82
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$150.1
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; GMX: 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 Injective no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Injective and GMX: 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]short | L −0.2622% / S +0.0192% | 1h | 0.6467 | −0.908% | $19 | — | 100x | |
| Kraken Futures PF_MNTUSD | −0.0565% | 1h | 0.6467 | −0.910% | $16K | $28K | 20x | as long as short |
| gTrade (Gains Network) MNT/USD | L +0.0010% / S 0.0000% | 1h | 0.6467 | −0.900% | $777 | — | 150x | as long as short |
| Injective MNT/USDC PERPlong | +0.0033% | 1h | 0.6526 | long leg | $3K | $210K | 12x | |
| Hyperliquid MNT | +0.0100% | 1h | 0.6477 | −0.755% | $6.6M | $879K | 5x | as long as short |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6469 | −0.873% | $42.4M | $14.7M | 25x | as long as short |
| Gate MNT_USDT | +0.0100% | 4h | 0.6446 | −1.226% | $434K | $175K | 25x | as long as short |
| MEXC MNT_USDC | +0.0100% | 8h | 0.6463 | −0.965% | $2.4M | $107K | 125x | as long as short |
| BingX MNT-USDT | +0.0100% | 8h | 0.6464 | −0.950% | — | $2.5M | — | as long as short |
| Variational Omni MNT | +0.0100% | 8h | 0.6462 | −0.975% | $287K | $111K | — | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni MNTUSDT | +0.0100% | 1h | 0.6466 | −0.919% | $11K | $640K | 50x | as long as short |
| Orderly PERP_MNT_USDC | +0.0100% | 8h | 0.6462 | −0.981% | $1K | — | 10x | as long as short |
| Backpack MNT_USDC_PERP | +0.0149% | 1h | 0.6464 | −0.950% | $40K | $55K | 10x | as long as short |
| BloFin MNT-USDT | +0.0220% | 8h | 0.6471 | −0.843% | $90K | $214K | 25x | as long as short |
| Lighter MNT | +0.0408% | 1h | 0.6484 | −0.639% | $142K | $75K | 5x | as long as short |
Injective MNT/USDC PERP
GMX MNT/USD [ETH-USDC]
Kraken Futures PF_MNTUSD
gTrade (Gains Network) MNT/USD
Hyperliquid MNT
Bybit MNTUSDT
Gate MNT_USDT
MEXC MNT_USDC
BingX MNT-USDT
Variational Omni MNT
ApeX Omni MNTUSDT
Backpack MNT_USDC_PERP
BloFin MNT-USDT
Lighter MNT