MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0753%/8h= −82.5% APRnext payment −$0.94 per $10,000 · paid last 24h +0.012%

Price spread now: Lighter against Kraken Futures+0.298%7-day average — · you sell dearer than you buy

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

Long on Kraken Futures Short on Lighter

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 airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Lighter is 0.298% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.298% now, against zero (this spread has no 7-day history yet)): +$30 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 32 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_MNTUSD	0.6442	0.1009	pay 0.0126% / 1h	35m 46s	$16K	$39K	20x
Short	Lighter MNT	0.6462	0.0256	get 0.0032% / 1h	35m 46s	$147K	$87K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.298%Rate

Funding earned: −$158.19
Price spread: +0.298% → 0.000%: $29.78
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$138.42
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Kraken Futures: no order-book sample; Lighter: live order book, 59 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 Kraken Futures no order-book sample	—	—	—	—	—
Sell Lighter live order book, 59 min ago	9.25 bp	17.1 bp −$17	91.4 bp −$914	doesn't fit	doesn't fit

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	0.6439	−0.061%	$19	—	100x	as long as short
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6440	−0.036%	$773	—	150x	as long as short
Injective MNT/USDC PERP	+0.0033%	1h	0.6526	+1.297%	$3K	$210K	12x	as long as short
Hyperliquid MNT	+0.0100%	1h	0.6448	+0.079%	$6.5M	$884K	5x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6439	−0.053%	$42.4M	$14.7M	25x	as long as short
Gate MNT_USDT	+0.0100%	4h	0.6429	−0.208%	$438K	$180K	25x	as long as short
MEXC MNT_USDC	+0.0100%	8h	0.6439	−0.053%	$2.4M	$106K	125x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6436	−0.100%	—	$2.5M	—	as long as short
Variational Omni MNT	+0.0100%	8h	0.6434	−0.138%	$286K	$110K	—	as long as short
ApeX Omni MNTUSDT	+0.0100%	1h	0.6436	−0.100%	$11K	$637K	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	0.6450	+0.118%	$1K	$74	10x	as long as short
Lighter MNTshort	+0.0256%	1h	0.6462	+0.298%	$147K	$87K	5x
BloFin MNT-USDT	+0.0301%	8h	0.6440	−0.038%	$90K	$222K	25x	as long as short
Backpack MNT_USDC_PERP	+0.0541%	1h	0.6437	−0.084%	$37K	$58K	10x	as long as short
Kraken Futures PF_MNTUSDlong	+0.1009%	1h	0.6442	long leg	$16K	$39K	20x