Settings8H · net · $10k
Funding arb · Price arb /

MNT

all MNT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0640%/8h= −70.1% APRnext payment $0.80 per $10,000 · paid last 24h −0.106%
Price spread now: gTrade (Gains Network) against Lighter−0.245%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and gTrade (Gains Network) is 0.245% cheaper against Lighter than usual: you would sell low and buy high (−$24 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter MNT0.65490.0640pay 0.0080% / 1h24m 14s$140K$70K5x
ShortgTrade (Gains Network) MNT/USD0.6533L +0.0010% / S 0.0000%pay 0.0000% / 1h24m 14s$784150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Lighter. 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

Funding earned
−$134.5
Price spread: −0.245% → 0.000%
−$24.46
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Net
−$168.96
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 58 min ago; gTrade (Gains Network): 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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 58 min ago9.34 bp29.7 bp −$30105.0 bp −$1,050doesn't fitdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX MNT/USD [ETH-USDC]L −0.2622% / S +0.0192%1h0.6534−0.231%$19100xas long as short
Injective MNT/USDC PERP−0.0092%1h0.6526−0.348%$3K$210K12xas long as short
gTrade (Gains Network) MNT/USDshortL +0.0010% / S 0.0000%1h0.6533−0.245%$784150x
Hyperliquid MNT+0.0100%1h0.6541−0.119%$6.6M$896K5xas long as short
Bybit MNTUSDT+0.0100%8h0.6530−0.281%$43.1M$13.6M25xas long as short
Gate MNT_USDT+0.0100%4h0.6505−0.669%$413K$115K25xas long as short
MEXC MNT_USDT+0.0100%8h0.6530−0.287%$2.5M$585K100xas long as short
BingX MNT-USDT+0.0100%8h0.6530−0.287%$2.5Mas long as short
Variational Omni MNT+0.0100%8h0.6526−0.344%$294K$117Kas long as short
ApeX Omni MNTUSDT+0.0100%1h0.6524−0.379%$11K$640K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_MNT_USDC+0.0100%8h0.6534−0.226%$1K10xas long as short
BloFin MNT-USDT+0.0220%8h0.6522−0.409%$89K$218K25xas long as short
Kraken Futures PF_MNTUSD+0.0227%1h0.6535−0.208%$17K$20K20xas long as short
Lighter MNTlong+0.0640%1h0.6549long leg$140K$70K5x
Backpack MNT_USDC_PERP+0.0683%1h0.6533−0.241%$40K$34K10xas long as short