MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.1179%/8h= −129.1% APRnext payment −$1.47 per $10,000 · paid last 24h −0.002%

Price spread now: Kraken Futures against Lighter−0.139%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 Kraken Futures

What this pair did over the last

the charts below follow

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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$35 a day on $10k at the current rate, and Kraken Futures is 0.139% cheaper against Lighter than usual: you would sell low and buy high (−$14 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	0.6472	0.0440	pay 0.0055% / 1h	2m 08s	$147K	$84K	5x
Short	Kraken Futures PF_MNTUSD	0.6463	−0.0739	pay 0.0092% / 1h	2m 08s	$16K	$39K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.139%Rate

Funding earned: −$247.68
Price spread: −0.139% → 0.000%: −$13.87
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$271.56
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 33 min ago; Kraken Futures: 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, 33 min ago	9.25 bp	34.2 bp −$34	100.5 bp −$1,005	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

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	0.6457	−0.241%	$19	—	100x	as long as short
Kraken Futures PF_MNTUSDshort	−0.0739%	1h	0.6463	−0.139%	$16K	$39K	20x
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6457	−0.237%	$775	—	150x	as long as short
Injective MNT/USDC PERP	+0.0033%	1h	0.6526	+0.828%	$3K	$210K	12x	as long as short
Hyperliquid MNT	+0.0100%	1h	0.6465	−0.116%	$6.6M	$757K	5x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6453	−0.300%	$42.5M	$14.6M	25x	as long as short
Gate MNT_USDT	+0.0100%	4h	0.6439	−0.516%	$435K	$176K	25x	as long as short
MEXC MNT_USDC	+0.0100%	8h	0.6451	−0.331%	$2.4M	$107K	125x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6453	−0.300%	—	$2.5M	—	as long as short
Variational Omni MNT	+0.0100%	8h	0.6466	−0.101%	$287K	$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	0.6468	−0.068%	$11K	$639K	50x	as long as short
Orderly PERP_MNT_USDC	+0.0100%	8h	0.6460	−0.192%	$1K	$74	10x	as long as short
BloFin MNT-USDT	+0.0220%	8h	0.6450	−0.346%	$90K	$214K	25x	as long as short
Backpack MNT_USDC_PERP	+0.0385%	1h	0.6453	−0.300%	$36K	$57K	10x	as long as short
Lighter MNTlong	+0.0440%	1h	0.6472	long leg	$147K	$84K	5x