MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.012%

Price spread now: BloFin against MEXC−0.107%94s7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as 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−$530.526% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.004%$0 on $10k

Price spread, last 3 days (all we have)+0.283%+$28 · spread now −0.107%, 7d avg −0.001%

Together, before fees+0.287%+$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.106% cheaper against MEXC than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of −0.001%). If the spread goes back, that is −$11 on $10k: about 3.0 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.004% in total) that is about 6 months. The two prices were read 94 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	MEXC MNT_USDT	0.6529	0.0100	pay 0.0100% / 8h	2h 23m	$2.5M	$585K	100x
Short	BloFin MNT-USDT	0.6522	0.0220	get 0.0220% / 8h	2h 23m	$89K	$218K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now −0.107%Rate

Funding earned: $25.2
Price spread: −0.107% → −0.001%: −$10.64
Slippage, 4 orders: −$32.6
Fee MEXC: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$38.04
Costs to cover: 0.526%
Break-even: 17.6 days

Slippage from MEXC: live order book, 3 min ago; BloFin: live order book, 59 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 MEXC live order book, 3 min ago	0.77 bp	9.5 bp −$9	23.8 bp −$238	107.0 bp −$10.7K	doesn't fit
Sell BloFin live order book, 59 min ago	6.91 bp	18.1 bp −$18	49.7 bp −$497	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	0.6534	+0.071%	$19	—	100x	as long as short
Injective MNT/USDC PERP	−0.0092%	1h	0.6526	−0.046%	$3K	$210K	12x	as long as short
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6533	+0.058%	$784	—	150x	as long as short
Hyperliquid MNT	+0.0100%	1h	0.6541	+0.181%	$6.6M	$896K	5x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6531	+0.031%	$43.1M	$13.6M	25x	as long as short
Gate MNT_USDT	+0.0100%	4h	0.6507	−0.337%	$414K	$115K	25x	as long as short
MEXC MNT_USDTlong	+0.0100%	8h	0.6529	long leg	$2.5M	$585K	100x
BingX MNT-USDT	+0.0100%	8h	0.6530	+0.015%	—	$2.5M	—	as long as short
Variational Omni MNT	+0.0100%	8h	0.6526	−0.042%	$294K	$117K	—	as long as short
ApeX Omni MNTUSDT	+0.0100%	1h	0.6524	−0.077%	$11K	$640K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_MNT_USDC	+0.0100%	8h	0.6534	+0.077%	$1K	—	10x	as long as short
BloFin MNT-USDTshort	+0.0220%	8h	0.6522	−0.107%	$89K	$218K	25x
Kraken Futures PF_MNTUSD	+0.0227%	1h	0.6535	+0.094%	$17K	$20K	20x	as long as short
Lighter MNT	+0.0640%	1h	0.6549	+0.303%	$140K	$70K	5x	as long as short
Backpack MNT_USDC_PERP	+0.0683%	1h	0.6533	+0.061%	$40K	$34K	10x	as long as short