Funding you earn now, next payment 23:00 UTC−0.0180%/8h= −19.7% APRpaid last 24h −0.007%
Price spread now: Injective against Variational Omni+0.804%7-day average +0.247% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.026%−$3 on $10k
+Price spread, last 3 days (all we have)−2.548%−$255 · spread now +0.804%, 7d avg +0.247%
=Together, before fees−2.573%+ Points / potential airdropVariational Omni: Active · farm board−$257 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Injective is 0.557% dearer against Variational Omni than usual: you sell high and buy low (spread +0.804% now, against its 7-day average of +0.247%): +$56 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 10 days. At the pace of the last 3 days (−0.026% in total) that is about 2 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MNT | 0.6474 | 0.0100 | pay 0.0100% / 8h | 1h 55m | $288K | $120K | — |
| Short | Injective MNT/USDC PERP | 0.6526 | −0.0080 | pay 0.0010% / 1h | 55m 19s | $3K | $210K | 12x |
Variational Omni MNT
Injective MNT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Variational Omni. 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
- −$37.81
- Price spread: +0.804% → +0.247%
- $55.72
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $17.89
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 29 min ago; Injective: 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 Variational Omni RFQ quote, 29 min ago | 3.83 bp | doesn't fit | 19.1 bp −$191 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | 0.6493 | +0.287% | $19 | — | 100x | as long as short |
| Injective MNT/USDC PERPshort | −0.0080% | 1h | 0.6526 | +0.804% | $3K | $210K | 12x | |
| ApeX Omni MNTUSDT | −0.0025% | 1h | 0.6469 | −0.076% | $10K | $639K | 50x | as long as short |
| gTrade (Gains Network) MNT/USD | L +0.0010% / S 0.0000% | 1h | 0.6493 | +0.295% | $780 | — | 150x | as long as short |
| Hyperliquid MNT | +0.0100% | 1h | 0.6499 | +0.390% | $6.6M | $904K | 5x | as long as short |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6488 | +0.217% | $42.6M | $14.0M | 25x | as long as short |
| Gate MNT_USDT | +0.0100% | 4h | 0.6470 | −0.061% | $428K | $119K | 25x | as long as short |
| MEXC MNT_USDT | +0.0100% | 8h | 0.6482 | +0.124% | $2.5M | $593K | 100x | as long as short |
| BingX MNT-USDT | +0.0100% | 8h | 0.6487 | +0.202% | — | $2.5M | — | as long as short |
| Variational Omni MNTlong | +0.0100% | 8h | 0.6474 | long leg | $288K | $120K | — |
GMX MNT/USD [ETH-USDC]
ApeX Omni MNTUSDT
gTrade (Gains Network) MNT/USD
Hyperliquid MNT
Bybit MNTUSDT
Gate MNT_USDT
MEXC MNT_USDT
BingX MNT-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_MNT_USDC | +0.0100% | 8h | 0.6493 | +0.294% | $1K | — | 10x | as long as short |
| Lighter MNT | +0.0192% | 1h | 0.6509 | +0.548% | $140K | $70K | 5x | as long as short |
| BloFin MNT-USDT | +0.0220% | 8h | 0.6489 | +0.232% | $90K | $216K | 25x | as long as short |
| Kraken Futures PF_MNTUSD | +0.0319% | 1h | 0.6491 | +0.256% | $17K | $20K | 20x | as long as short |
| Backpack MNT_USDC_PERP | +0.0769% | 1h | 0.6478 | +0.063% | $48K | $44K | 10x | as long as short |
Orderly PERP_MNT_USDC
Lighter MNT
BloFin MNT-USDT
Kraken Futures PF_MNTUSD
Backpack MNT_USDC_PERP