MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0343%/8h= +37.5% APRnext payment +$0.43 per $10,000 · paid last 24h +0.112%

Price spread now: Lighter against Injective−0.745%7-day average −0.111% · you buy dearer than you sell

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

Long on Injective Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.379%+$38 on $10k

Price spread, last 4 days (all we have)+2.659%+$266 · spread now −0.745%, 7d avg −0.111%

Together, before fees+3.038%+ Points / potential airdropLighter: Season 3 · farm board+$304 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter is 0.634% cheaper against Injective than usual: you would sell low and buy high (spread −0.745% now, against its 7-day average of −0.111%). If the spread goes back, that is −$63 on $10k: about 6.2 days of funding at the current rate (+$10 a day).

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	27m 20s	$3K	$210K	12x
Short	Lighter MNT	0.6477	0.0376	get 0.0047% / 1h	27m 20s	$142K	$75K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Injective. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 InjectivebpFee LighterbpOrdersPrice spread, now −0.745%Rate

Funding earned: $71.96
Price spread: −0.745% → −0.111%: −$63.42
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Lighter: 0 bp × 2 orders: $0
Net: $8.52
Costs to cover: 0.000%
Break-even: 6.2 days

Slippage unknown: Injective: no order-book sample; Lighter: live order book, 12 min ago. 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 Lighter live order book, 12 min ago	11.44 bp	17.0 bp −$17	93.8 bp −$938	doesn't fit	doesn't fit

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]	L −0.2622% / S +0.0192%	1h	0.6452	−1.137%	$19	—	100x	as long as short
Kraken Futures PF_MNTUSD	−0.0566%	1h	0.6454	−1.103%	$16K	$28K	20x	as long as short
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6454	−1.096%	$775	—	150x	as long as short
Injective MNT/USDC PERPlong	+0.0033%	1h	0.6526	long leg	$3K	$210K	12x
Hyperliquid MNT	+0.0100%	1h	0.6463	−0.964%	$6.6M	$879K	5x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6453	−1.117%	$42.3M	$14.8M	25x	as long as short
Gate MNT_USDT	+0.0100%	4h	0.6444	−1.257%	$433K	$174K	25x	as long as short
MEXC MNT_USDC	+0.0100%	8h	0.6453	−1.119%	$2.4M	$105K	125x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6451	−1.149%	—	$2.5M	—	as long as short
Backpack MNT_USDC_PERP	+0.0100%	1h	0.6454	−1.103%	$41K	$58K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MNT	+0.0100%	8h	0.6446	−1.228%	$286K	$173K	—	as long as short
ApeX Omni MNTUSDT	+0.0100%	1h	0.6462	−0.981%	$11K	$641K	50x	as long as short
Orderly PERP_MNT_USDC	+0.0100%	8h	0.6457	−1.057%	$1K	—	10x	as long as short
BloFin MNT-USDT	+0.0220%	8h	0.6459	−1.027%	$90K	$214K	25x	as long as short
Lighter MNTshort	+0.0376%	1h	0.6477	−0.745%	$142K	$75K	5x