MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.025%

Price spread now: BloFin against Bybit+0.045%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$890.888% of the position

Long on Bybit Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 4 days (all we have)+0.139%+$14 · spread now +0.045%, 7d avg −0.004%

Together, before fees+0.158%+$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.049% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.004%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MNTUSDT	0.6461	0.0100	pay 0.0100% / 8h	4h 14m	$42.3M	$14.7M	25x
Short	BloFin MNT-USDT	0.6464	0.0220	get 0.0220% / 8h	4h 14m	$90K	$214K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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

Position, each leg$Hold fordaysFee BybitbpFee BloFinbpOrdersPrice spread, now +0.045%Rate

Funding earned: $25.2
Price spread: +0.045% → −0.004%: $4.93
Slippage, 4 orders: −$65.82
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$58.69
Costs to cover: 0.888%
Break-even: 23.3 days

Slippage from Bybit: live order book, 4 min ago; BloFin: live order book, 16 min ago.

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 Bybit live order book, 4 min ago	1.55 bp	26.5 bp −$27	89.1 bp −$891	doesn't fit	doesn't fit
Sell BloFin live order book, 16 min ago	1.55 bp	28.7 bp −$29	89.9 bp −$899	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	0.6463	+0.031%	$19	—	100x	as long as short
Kraken Futures PF_MNTUSD	−0.0565%	1h	0.6460	−0.012%	$16K	$28K	20x	as long as short
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6465	+0.054%	$776	—	150x	as long as short
Injective MNT/USDC PERP	+0.0033%	1h	0.6526	+1.004%	$3K	$210K	12x	as long as short
Hyperliquid MNT	+0.0100%	1h	0.6473	+0.190%	$6.6M	$879K	5x	as long as short
Bybit MNTUSDTlong	+0.0100%	8h	0.6461	long leg	$42.3M	$14.7M	25x
Gate MNT_USDT	+0.0100%	4h	0.6441	−0.311%	$433K	$175K	25x	as long as short
MEXC MNT_USDC	+0.0100%	8h	0.6458	−0.048%	$2.4M	$106K	125x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6460	−0.017%	—	$2.5M	—	as long as short
Backpack MNT_USDC_PERP	+0.0100%	1h	0.6463	+0.029%	$41K	$54K	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MNT	+0.0100%	8h	0.6452	−0.135%	$286K	$111K	—	as long as short
ApeX Omni MNTUSDT	+0.0100%	1h	0.6452	−0.141%	$11K	$640K	50x	as long as short
Orderly PERP_MNT_USDC	+0.0100%	8h	0.6464	+0.045%	$1K	—	10x	as long as short
BloFin MNT-USDTshort	+0.0220%	8h	0.6464	+0.045%	$90K	$214K	25x
Lighter MNT	+0.0416%	1h	0.6480	+0.293%	$142K	$75K	5x	as long as short