MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.1725%/8h= −188.9% APRnext payment −$2.16 per $10,000 · paid last 24h −0.213%

Price spread now: GMX against Kraken Futures−0.024%7-day average — · you buy dearer than you sell

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

Long on Kraken Futures Short on GMX

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—needs both histories

Both sides work against this trade now: funding costs −$52 a day on $10k at the current rate, and GMX is 0.024% cheaper against Kraken Futures than usual: you would sell low and buy high (−$2 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	Kraken Futures PF_MNTUSD	0.6426	0.1534	pay 0.0192% / 1h	52m 33s	$16K	$40K	20x
Short	GMX MNT/USD [ETH-USDC]	0.6424	L −0.2622% / S +0.0192%	pay 0.0024% / 1h	52m 33s	$19	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Kraken Futures. 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 Kraken FuturesbpFee GMXbpOrdersPrice spread, now −0.024%Rate

Funding earned: −$362.3
Price spread: −0.024% → 0.000%: −$2.4
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$386.7
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Kraken Futures: 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 Kraken Futures no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Kraken Futures 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	0.6424	−0.024%	$19	—	100x
ApeX Omni MNTUSDT	−0.0196%	1h	0.6409	−0.260%	$11K	$637K	50x	as long as short
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6424	−0.024%	$771	—	150x	as long as short
Injective MNT/USDC PERP	+0.0033%	1h	0.6526	+1.561%	$3K	$210K	12x	as long as short
Lighter MNT	+0.0096%	1h	0.6440	+0.218%	$146K	$88K	5x	as long as short
Hyperliquid MNT	+0.0100%	1h	0.6429	+0.057%	$6.4M	$921K	5x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6421	−0.069%	$42.3M	$15.2M	25x	as long as short
Gate MNT_USDT	+0.0100%	4h	0.6419	−0.104%	$451K	$176K	25x	as long as short
MEXC MNT_USDC	+0.0100%	8h	0.6420	−0.089%	$2.4M	$104K	125x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6425	−0.011%	—	$2.6M	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack MNT_USDC_PERP	+0.0100%	1h	0.6423	−0.042%	$40K	$61K	10x	as long as short
Variational Omni MNT	+0.0100%	8h	0.6422	−0.051%	$287K	$112K	—	as long as short
Orderly PERP_MNT_USDC	+0.0100%	8h	0.6432	+0.098%	$1K	$74	10x	as long as short
BloFin MNT-USDT	+0.0302%	8h	0.6418	−0.120%	$91K	$187K	25x	as long as short
Kraken Futures PF_MNTUSDlong	+0.1534%	1h	0.6426	long leg	$16K	$40K	20x