Funding you earn now, next payment 00:00 UTC−0.0244%/8h= −26.7% APRpaid last 24h −0.092%
Price spread now: BloFin against Lighter−0.343%60s7-day average −0.161% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$820.822% of the position
Funding, last 7 days−0.312%−$31 on $10k
+Price spread, last 3 days (all we have)+0.177%+$18 · spread now −0.343%, 7d avg −0.161%
=Together, before fees−0.135%+ Points / potential airdropLighter: Season 3 · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BloFin is 0.182% cheaper against Lighter than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.161%). Swap the legs. The two prices were read 60 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 | Lighter MNT | 0.6530 | 0.0464 | pay 0.0058% / 1h | 0m 09s | $140K | $71K | 5x |
| Short | BloFin MNT-USDT | 0.6508 | 0.0220 | get 0.0220% / 8h | 0m 09s | $89K | $219K | 25x |
Lighter MNT
BloFin MNT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$51.24
- Price spread: −0.343% → −0.161%
- −$18.23
- Slippage, 4 orders
- −$70.21
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$151.69
- Costs to cover
- 0.822%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 60 min ago; BloFin: live order book, 5 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, 60 min ago | 9.75 bp | 37.2 bp −$37 | 93.1 bp −$931 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.77 bp | 14.7 bp −$15 | 47.0 bp −$470 | 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 | 0.6514 | −0.255% | $19 | — | 100x | as long as short |
| gTrade (Gains Network) MNT/USD | L +0.0010% / S 0.0000% | 1h | 0.6514 | −0.254% | $782 | — | 150x | as long as short |
| Injective MNT/USDC PERP | +0.0033% | 1h | 0.6526 | −0.067% | $3K | $210K | 12x | as long as short |
| Hyperliquid MNT | +0.0100% | 1h | 0.6522 | −0.129% | $6.7M | $1.0M | 5x | as long as short |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6510 | −0.312% | $42.9M | $14.5M | 25x | as long as short |
| Gate MNT_USDT | +0.0100% | 4h | 0.6493 | −0.573% | $418K | $154K | 25x | as long as short |
| MEXC MNT_USDT | +0.0100% | 8h | 0.6509 | −0.328% | $2.5M | $589K | 100x | as long as short |
| BingX MNT-USDT | +0.0100% | 8h | 0.6506 | −0.374% | — | $2.5M | — | as long as short |
| Variational Omni MNT | +0.0100% | 8h | 0.6502 | −0.441% | $294K | $168K | — | as long as short |
| ApeX Omni MNTUSDT | +0.0100% | 1h | 0.6506 | −0.374% | $11K | $634K | 50x | as long as short |
GMX MNT/USD [ETH-USDC]
gTrade (Gains Network) MNT/USD
Injective MNT/USDC PERP
Hyperliquid MNT
Bybit MNTUSDT
Gate MNT_USDT
MEXC MNT_USDT
BingX MNT-USDT
Variational Omni MNT
ApeX Omni MNTUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_MNT_USDC | +0.0100% | 8h | 0.6515 | −0.236% | $1K | — | 10x | as long as short |
| BloFin MNT-USDTshort | +0.0220% | 8h | 0.6508 | −0.343% | $89K | $219K | 25x | |
| Lighter MNTlong | +0.0464% | 1h | 0.6530 | long leg | $140K | $71K | 5x | |
| Kraken Futures PF_MNTUSD | +0.0648% | 1h | 0.6511 | −0.295% | $17K | $20K | 20x | as long as short |
| Backpack MNT_USDC_PERP | +0.0724% | 1h | 0.6510 | −0.312% | $39K | $47K | 10x | as long as short |
Orderly PERP_MNT_USDC
Kraken Futures PF_MNTUSD
Backpack MNT_USDC_PERP