Funding you earn now, next payment 06:00 UTC−0.0910%/8h= −99.7% APRpaid last 24h −0.102%
Price spread now: MEXC against Kraken Futures−0.646%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 −$27 a day on $10k at the current rate, and MEXC is 0.646% cheaper against Kraken Futures than usual: you would sell low and buy high (−$65 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_MNTUSD | 0.6436 | 0.1010 | pay 0.0126% / 1h | 13m 26s | $16K | $39K | 20x |
| Short | MEXC MNT_USDC | 0.6394 | 0.0100 | get 0.0100% / 8h | 2h 13m | $2.4M | $107K | 125x |
Kraken Futures PF_MNTUSD
MEXC MNT_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$191.18
- Price spread: −0.646% → 0.000%
- −$64.58
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$273.76
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; MEXC: live order book, 3 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 MEXC live order book, 3 min ago | 2.35 bp | 11.6 bp −$12 | 58.2 bp −$582 | 185.5 bp −$18.6K | 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 | 0.6403 | −0.509% | $19 | — | 100x | as long as short |
| gTrade (Gains Network) MNT/USD | L +0.0010% / S 0.0000% | 1h | 0.6403 | −0.500% | $769 | — | 150x | as long as short |
| Injective MNT/USDC PERP | +0.0033% | 1h | 0.6526 | +1.405% | $3K | $210K | 12x | as long as short |
| ApeX Omni MNTUSDT | +0.0075% | 1h | 0.6392 | −0.677% | $11K | $639K | 50x | as long as short |
| Lighter MNT | +0.0096% | 1h | 0.6408 | −0.422% | $145K | $89K | 5x | as long as short |
| BloFin MNT-USDT | +0.0097% | 8h | 0.6394 | −0.646% | $90K | $222K | 25x | as long as short |
| Hyperliquid MNT | +0.0100% | 1h | 0.6401 | −0.531% | $6.4M | $910K | 5x | as long as short |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6400 | −0.546% | $42.0M | $15.1M | 25x | as long as short |
| Gate MNT_USDT | +0.0100% | 4h | 0.6379 | −0.879% | $436K | $184K | 25x | as long as short |
| MEXC MNT_USDCshort | +0.0100% | 8h | 0.6394 | −0.646% | $2.4M | $107K | 125x |
GMX MNT/USD [ETH-USDC]
gTrade (Gains Network) MNT/USD
Injective MNT/USDC PERP
ApeX Omni MNTUSDT
Lighter MNT
BloFin MNT-USDT
Hyperliquid MNT
Bybit MNTUSDT
Gate MNT_USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MNT-USDT | +0.0100% | 8h | 0.6399 | −0.568% | — | $2.5M | — | as long as short |
| Variational Omni MNT | +0.0100% | 8h | 0.6385 | −0.786% | $283K | $109K | — | as long as short |
| Orderly PERP_MNT_USDC | +0.0100% | 8h | 0.6404 | −0.490% | $1K | $74 | 10x | as long as short |
| Backpack MNT_USDC_PERP | +0.0388% | 1h | 0.6393 | −0.661% | $41K | $61K | 10x | as long as short |
| Kraken Futures PF_MNTUSDlong | +0.1010% | 1h | 0.6436 | long leg | $16K | $39K | 20x |
BingX MNT-USDT
Variational Omni MNT
Orderly PERP_MNT_USDC
Backpack MNT_USDC_PERP