Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.023%
Price spread now: Variational Omni against BloFin−0.054%86s7-day average −0.025% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.021%−$2 on $10k
+Price spread, last 3 days (all we have)−0.002%$0 · spread now −0.054%, 7d avg −0.025%
=Together, before fees−0.023%+ Points / potential airdropVariational Omni: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.029% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.025%). Swap the legs. The two prices were read 86 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 | BloFin MNT-USDT | 0.6548 | 0.0220 | pay 0.0220% / 8h | 7h 29m | $90K | $219K | 25x |
| Short | Variational Omni MNT | 0.6544 | 0.0100 | get 0.0100% / 8h | 7h 29m | $295K | $168K | — |
BloFin MNT-USDT
Variational Omni MNTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against BloFin. 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
- −$25.2
- Price spread: −0.054% → −0.025%
- −$2.89
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$40.09
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 35 min ago; Variational Omni: RFQ quote, 44 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 BloFin live order book, 35 min ago | 0.77 bp | 19.4 bp −$19 | 34.5 bp −$345 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 44 min ago | 4.61 bp | doesn't fit | 92.1 bp −$921 | 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 | 0.6548 | −0.004% | $19 | — | 100x | as long as short |
| gTrade (Gains Network) MNT/USD | L +0.0010% / S 0.0000% | 1h | 0.6548 | +0.001% | $786 | — | 150x | as long as short |
| Injective MNT/USDC PERP | +0.0033% | 1h | 0.6526 | −0.336% | $3K | $210K | 12x | as long as short |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6550 | +0.024% | $43.1M | $14.4M | 25x | as long as short |
| Gate MNT_USDT | +0.0100% | 4h | 0.6524 | −0.367% | $423K | $155K | 25x | as long as short |
| MEXC MNT_USDT | +0.0100% | 8h | 0.6546 | −0.031% | $2.5M | $588K | 100x | as long as short |
| BingX MNT-USDT | +0.0100% | 8h | 0.6547 | −0.015% | — | $2.5M | — | as long as short |
| Variational Omni MNTshort | +0.0100% | 8h | 0.6544 | −0.054% | $295K | $168K | — | |
| ApeX Omni MNTUSDT | +0.0100% | 1h | 0.6537 | −0.168% | $11K | $637K | 50x | as long as short |
| Orderly PERP_MNT_USDC | +0.0100% | 8h | 0.6550 | +0.031% | $1K | — | 10x | as long as short |
GMX MNT/USD [ETH-USDC]
gTrade (Gains Network) MNT/USD
Injective MNT/USDC PERP
Bybit MNTUSDT
Gate MNT_USDT
MEXC MNT_USDT
BingX MNT-USDT
ApeX Omni MNTUSDT
Orderly PERP_MNT_USDCShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MNT | +0.0215% | 1h | 0.6561 | +0.202% | $6.7M | $995K | 5x | as long as short |
| BloFin MNT-USDTlong | +0.0220% | 8h | 0.6548 | long leg | $90K | $219K | 25x | |
| Lighter MNT | +0.0536% | 1h | 0.6566 | +0.279% | $141K | $70K | 5x | as long as short |
| Kraken Futures PF_MNTUSD | +0.0590% | 1h | 0.6547 | −0.018% | $17K | $20K | 20x | as long as short |
| Backpack MNT_USDC_PERP | +0.0738% | 1h | 0.6549 | +0.015% | $38K | $48K | 10x | as long as short |
Hyperliquid MNT
Lighter MNT
Kraken Futures PF_MNTUSD
Backpack MNT_USDC_PERP