MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0640%/8h= −70.0% APRnext payment −$0.80 per $10,000 · paid last 24h −0.174%

Price spread now: GMX against Lighter−0.281%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on GMX

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 days—no 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 GMX is 0.281% cheaper against Lighter than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter MNT	0.6492	0.0448	pay 0.0056% / 1h	9m 58s	$148K	$84K	5x
Short	GMX MNT/USD [ETH-USDC]	0.6473	L −0.2622% / S +0.0192%	pay 0.0024% / 1h	9m 58s	$19	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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

Position, each leg$Hold fordaysFee LighterbpFee GMXbpOrdersPrice spread, now −0.281%Rate

Funding earned: −$134.34
Price spread: −0.281% → 0.000%: −$28.13
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: −$174.47
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 25 min ago; GMX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Lighter live order book, 25 min ago	9.25 bp	34.2 bp −$34	100.5 bp −$1,005	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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]short	L −0.2622% / S +0.0192%	1h	0.6473	−0.281%	$19	—	100x
Kraken Futures PF_MNTUSD	−0.0737%	1h	0.6481	−0.166%	$16K	$39K	20x	as long as short
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6474	−0.264%	$777	—	150x	as long as short
Injective MNT/USDC PERP	+0.0033%	1h	0.6526	+0.531%	$3K	$210K	12x	as long as short
Hyperliquid MNT	+0.0100%	1h	0.6481	−0.165%	$6.6M	$761K	5x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6467	−0.371%	$42.6M	$14.6M	25x	as long as short
Gate MNT_USDT	+0.0100%	4h	0.6476	−0.239%	$438K	$176K	25x	as long as short
MEXC MNT_USDC	+0.0100%	8h	0.6469	−0.347%	$2.4M	$106K	125x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6468	−0.362%	—	$2.5M	—	as long as short
Variational Omni MNT	+0.0100%	8h	0.6481	−0.157%	$288K	$110K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni MNTUSDT	+0.0100%	1h	0.6490	−0.023%	$11K	$641K	50x	as long as short
Orderly PERP_MNT_USDC	+0.0100%	8h	0.6482	−0.146%	$1K	$74	10x	as long as short
BloFin MNT-USDT	+0.0220%	8h	0.6486	−0.085%	$90K	$215K	25x	as long as short
Lighter MNTlong	+0.0448%	1h	0.6492	long leg	$148K	$84K	5x
Backpack MNT_USDC_PERP	+0.0471%	1h	0.6470	−0.331%	$36K	$57K	10x	as long as short