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

MNT

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Alert: funding
Alert: spread
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
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 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective MNT/USDC PERP0.65260.0033pay 0.0004% / 1h1m 19s$3K$210K12x
ShortGMX MNT/USD [ETH-USDC]0.6467L −0.2622% / S +0.0192%pay 0.0024% / 1h1m 19s$19100x

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 it
latest
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
LegHalf-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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX MNT/USD [ETH-USDC]shortL −0.2622% / S +0.0192%1h0.6467−0.908%$19100x
Kraken Futures PF_MNTUSD−0.0565%1h0.6467−0.910%$16K$28K20xas long as short
gTrade (Gains Network) MNT/USDL +0.0010% / S 0.0000%1h0.6467−0.900%$777150xas long as short
Injective MNT/USDC PERPlong+0.0033%1h0.6526long leg$3K$210K12x
Hyperliquid MNT+0.0100%1h0.6477−0.755%$6.6M$879K5xas long as short
Bybit MNTUSDT+0.0100%8h0.6469−0.873%$42.4M$14.7M25xas long as short
Gate MNT_USDT+0.0100%4h0.6446−1.226%$434K$175K25xas long as short
MEXC MNT_USDC+0.0100%8h0.6463−0.965%$2.4M$107K125xas long as short
BingX MNT-USDT+0.0100%8h0.6464−0.950%$2.5Mas long as short
Variational Omni MNT+0.0100%8h0.6462−0.975%$287K$111Kas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni MNTUSDT+0.0100%1h0.6466−0.919%$11K$640K50xas long as short
Orderly PERP_MNT_USDC+0.0100%8h0.6462−0.981%$1K10xas long as short
Backpack MNT_USDC_PERP+0.0149%1h0.6464−0.950%$40K$55K10xas long as short
BloFin MNT-USDT+0.0220%8h0.6471−0.843%$90K$214K25xas long as short
Lighter MNT+0.0408%1h0.6484−0.639%$142K$75K5xas long as short