Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.094%
Price spread now: Lighter against Orderly+0.063%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.063% dearer against Orderly than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_MNT_USDC | 0.6395 | 0.0100 | pay 0.0100% / 8h | 1h 37m | $1K | $74 | 10x |
| Short | Lighter MNT | 0.6399 | 0.0096 | get 0.0012% / 1h | 37m 18s | $146K | $90K | 5x |
Orderly PERP_MNT_USDC
Lighter MNTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Orderly. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$0.84
- Price spread: +0.063% → 0.000%
- $6.25
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$0.59
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; Lighter: live order book, 52 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 52 min ago | 9.06 bp | 12.7 bp −$13 | 90.2 bp −$902 | doesn't fit | doesn't fit |
Orderly: 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 | 0.6385 | −0.154% | $19 | — | 100x | as long as short |
| gTrade (Gains Network) MNT/USD | L +0.0010% / S 0.0000% | 1h | 0.6385 | −0.153% | $767 | — | 150x | as long as short |
| Injective MNT/USDC PERP | +0.0033% | 1h | 0.6526 | +2.048% | $3K | $210K | 12x | as long as short |
| ApeX Omni MNTUSDT | +0.0065% | 1h | 0.6381 | −0.219% | $10K | $639K | 50x | as long as short |
| Lighter MNTshort | +0.0096% | 1h | 0.6399 | +0.063% | $146K | $90K | 5x | |
| Hyperliquid MNT | +0.0100% | 1h | 0.6391 | −0.061% | $6.4M | $919K | 5x | as long as short |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6383 | −0.188% | $41.9M | $15.2M | 25x | as long as short |
| Gate MNT_USDT | +0.0100% | 4h | 0.6386 | −0.141% | $443K | $184K | 25x | as long as short |
| MEXC MNT_USDC | +0.0100% | 8h | 0.6381 | −0.219% | $2.4M | $106K | 125x | as long as short |
| BingX MNT-USDT | +0.0100% | 8h | 0.6381 | −0.219% | — | $2.5M | — | as long as short |
GMX MNT/USD [ETH-USDC]
gTrade (Gains Network) MNT/USD
Injective MNT/USDC PERP
ApeX Omni MNTUSDT
Hyperliquid MNT
Bybit MNTUSDT
Gate MNT_USDT
MEXC MNT_USDC
BingX MNT-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack MNT_USDC_PERP | +0.0100% | 1h | 0.6383 | −0.188% | $40K | $61K | 10x | as long as short |
| Variational Omni MNT | +0.0100% | 8h | 0.6379 | −0.244% | $283K | $109K | — | as long as short |
| Orderly PERP_MNT_USDClong | +0.0100% | 8h | 0.6395 | long leg | $1K | $74 | 10x | |
| BloFin MNT-USDT | +0.0102% | 8h | 0.6382 | −0.203% | $90K | $222K | 25x | as long as short |
| Kraken Futures PF_MNTUSD | +0.0796% | 1h | 0.6386 | −0.145% | $16K | $39K | 20x | as long as short |
Backpack MNT_USDC_PERP
Variational Omni MNT
BloFin MNT-USDT
Kraken Futures PF_MNTUSD