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

MNT

all MNT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0292%/8h= −31.9% APRnext payment $0.36 per $10,000 · paid last 24h −0.076%
Price spread now: GMX against ApeX Omni+0.630%68s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. GMX is 0.630% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.630% now, against zero (this spread has no 7-day history yet)): +$63 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 7.2 days. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MNTUSDT0.64770.0100pay 0.0013% / 1h47m 58s$11K$639K50x
ShortGMX MNT/USD [ETH-USDC]0.6518L −0.2622% / S +0.0192%pay 0.0024% / 1h47m 58s$19100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against ApeX Omni. 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
−$61.26
Price spread: +0.630% → 0.000%
$62.98
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee GMX: 6 bp × 2 orders
−$12
Net
−$20.28
Costs to cover
0.220%
Break-even
from the start
Slippage unknown: ApeX Omni: live order book, 5 min ago; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 5 min ago5.39 bp13.4 bp −$13110.7 bp −$1,107doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX MNT/USD [ETH-USDC]shortL −0.2622% / S +0.0192%1h0.6518+0.630%$19100x
Kraken Futures PF_MNTUSD−0.0734%1h0.6515+0.590%$16K$34K20xas long as short
gTrade (Gains Network) MNT/USDL +0.0010% / S 0.0000%1h0.6518+0.639%$783150xas long as short
Injective MNT/USDC PERP+0.0033%1h0.6526+0.757%$3K$210K12xas long as short
Hyperliquid MNT+0.0100%1h0.6528+0.787%$6.7M$880K5xas long as short
Bybit MNTUSDT+0.0100%8h0.6518+0.636%$42.8M$14.9M25xas long as short
Gate MNT_USDT+0.0100%4h0.6495+0.278%$437K$169K25xas long as short
MEXC MNT_USDC+0.0100%8h0.6513+0.556%$2.4M$104K125xas long as short
BingX MNT-USDT+0.0100%8h0.6515+0.587%$2.5Mas long as short
Variational Omni MNT+0.0100%8h0.6511+0.531%$289K$110Kas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni MNTUSDTlong+0.0100%1h0.6477long leg$11K$639K50x
Orderly PERP_MNT_USDC+0.0100%8h0.6520+0.664%$1K10xas long as short
BloFin MNT-USDT+0.0220%8h0.6512+0.540%$90K$216K25xas long as short
Lighter MNT+0.0440%1h0.6534+0.888%$143K$75K5xas long as short
Backpack MNT_USDC_PERP+0.0807%1h0.6518+0.633%$36K$58K10xas long as short