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

MNT

all MNT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.045%
Price spread now: Hyperliquid against MEXC+0.173%7-day average +0.156% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$510.514% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.317%+$32 on $10k
Price spread, last 7 days+0.006%+$1 · spread now +0.173%, 7d avg +0.156%
Together, before fees+0.323%+ Points / potential airdropHyperliquid: Season 2 · farm board+$32 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC MNT_USDT0.64810.0100pay 0.0100% / 8h1h 51m$2.5M$593K100x
ShortHyperliquid MNT0.64920.0100get 0.0013% / 1h51m 37s$6.6M$902K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$0
Price spread: +0.173% → +0.156%
$1.69
Slippage, 4 orders
−$34.36
Fee MEXC: 4 bp × 2 orders
−$8
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$49.67
Costs to cover
0.514%
Break-even
never at this rate
Slippage from MEXC: live order book, 5 min ago; Hyperliquid: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 5 min ago0.77 bp8.1 bp −$845.4 bp −$454115.1 bp −$11.5Kdoesn't fit
Sell Hyperliquid live order book, 10 min ago0.08 bp14.1 bp −$14doesn't fitdoesn't fitdoesn't fit

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%1h0.6484+0.053%$19100xas long as short
Injective MNT/USDC PERP−0.0080%1h0.6526+0.694%$3K$210K12xas long as short
gTrade (Gains Network) MNT/USDL +0.0010% / S 0.0000%1h0.6485+0.061%$779150xas long as short
Hyperliquid MNTshort+0.0100%1h0.6492+0.173%$6.6M$902K5x
Bybit MNTUSDT+0.0100%8h0.6482+0.015%$42.6M$14.0M25xas long as short
Gate MNT_USDT+0.0100%4h0.6471−0.154%$428K$119K25xas long as short
MEXC MNT_USDTlong+0.0100%8h0.6481long leg$2.5M$593K100x
BingX MNT-USDT+0.0100%8h0.6478−0.046%$2.5Mas long as short
Variational Omni MNT+0.0100%8h0.6474−0.109%$288K$120Kas long as short
ApeX Omni MNTUSDT+0.0100%1h0.6485+0.062%$10K$640K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_MNT_USDC+0.0100%8h0.6487+0.093%$1K10xas long as short
Lighter MNT+0.0184%1h0.6502+0.318%$140K$70K5xas long as short
BloFin MNT-USDT+0.0220%8h0.6483+0.031%$89K$216K25xas long as short
Kraken Futures PF_MNTUSD+0.0320%1h0.6483+0.038%$17K$20K20xas long as short
Backpack MNT_USDC_PERP+0.0756%1h0.6483+0.031%$48K$45K10xas long as short