Funding you earn now, next payment 22:00 UTC−0.0540%/8h= −59.1% APRnext payment −$0.68 per $10,000 · paid last 24h −0.084%
Price spread now: ApeX Omni against Lighter−0.428%7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$102as in the Price arb table
costs, in and out, $10k−$720.717% of the position
Funding, last 7 days−0.277%−$28 on $10k
+Price spread, last 3 days (all we have)+0.320%+$32 · spread now −0.428%, 7d avg −0.126%
=Together, before fees+0.044%+ Points / potential airdropLighter: Season 3 · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and ApeX Omni is 0.302% cheaper against Lighter than usual: you would sell low and buy high (−$30 if the spread goes back to its 7-day average of −0.126%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.277% in total (about -14.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.68 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter MNT | 0.6543 | 0.0640 | pay 0.0080% / 1h | 26m 50s | $140K | $70K | 5x |
| Short | ApeX Omni MNTUSDT | 0.6515 | 0.0100 | get 0.0013% / 1h | 26m 50s | $11K | $640K | 50x |
Lighter MNT
ApeX Omni MNTUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Lighter. 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
- −$113.4
- Price spread: −0.428% → −0.126%
- −$30.19
- Slippage, 4 orders
- −$61.73
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$215.32
- Costs to cover
- 0.717%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 55 min ago; ApeX Omni: live order book, 61 min ago.
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 Lighter live order book, 55 min ago | 9.34 bp | 29.7 bp −$30 | 105.0 bp −$1,050 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 61 min ago | 7.68 bp | 15.6 bp −$16 | 93.5 bp −$935 | doesn't fit | doesn't fit |
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 | 0.6528 | −0.236% | $19 | — | 100x | as long as short |
| Injective MNT/USDC PERP | −0.0092% | 1h | 0.6522 | −0.321% | $3K | $171K | 12x | as long as short |
| gTrade (Gains Network) MNT/USD | L +0.0010% / S 0.0000% | 1h | 0.6528 | −0.236% | $784 | — | 150x | as long as short |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6526 | −0.260% | $43.1M | $13.5M | 25x | as long as short |
| Gate MNT_USDT | +0.0100% | 4h | 0.6502 | −0.627% | $413K | $115K | 25x | as long as short |
| MEXC MNT_USDT | +0.0100% | 8h | 0.6523 | −0.306% | $2.5M | $584K | 100x | as long as short |
| BingX MNT-USDT | +0.0100% | 8h | 0.6524 | −0.290% | — | $2.5M | — | as long as short |
| Variational Omni MNT | +0.0100% | 8h | 0.6516 | −0.417% | $294K | $117K | — | as long as short |
| ApeX Omni MNTUSDTshort | +0.0100% | 1h | 0.6515 | −0.428% | $11K | $640K | 50x | |
| Orderly PERP_MNT_USDC | +0.0100% | 8h | 0.6529 | −0.214% | $1K | — | 10x | as long as short |
GMX MNT/USD [ETH-USDC]
Injective MNT/USDC PERP
gTrade (Gains Network) MNT/USD
Bybit MNTUSDT
Gate MNT_USDT
MEXC MNT_USDT
BingX MNT-USDT
Variational Omni MNT
Orderly PERP_MNT_USDCShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MNT | +0.0100% | 1h | 0.6538 | −0.083% | $6.6M | $897K | 5x | as long as short |
| BloFin MNT-USDT | +0.0220% | 8h | 0.6521 | −0.336% | — | $218K | 25x | as long as short |
| Kraken Futures PF_MNTUSD | +0.0228% | 1h | 0.6525 | −0.269% | $17K | $20K | 20x | as long as short |
| Lighter MNTlong | +0.0640% | 1h | 0.6543 | long leg | $140K | $70K | 5x | |
| Backpack MNT_USDC_PERP | +0.0654% | 1h | 0.6528 | −0.229% | $40K | $34K | 10x | as long as short |
Hyperliquid MNT
BloFin MNT-USDT
Kraken Futures PF_MNTUSD
Backpack MNT_USDC_PERP