MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0826%/8h= +90.4% APRnext payment +$1.03 per $10,000 · paid last 24h +0.060%

Price spread now: Backpack against gTrade (Gains Network)−0.075%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on Backpack

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Backpack is 0.075% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.075% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 7 hours of funding at the current rate (+$25 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	gTrade (Gains Network) MNT/USD	0.6506	L +0.0010% / S 0.0000%	pay 0.0001% / 1h	25m 07s	$781	—	150x
Short	Backpack MNT_USDC_PERP	0.6501	0.0836	get 0.0104% / 1h	25m 07s	$40K	$46K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Backpack against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee BackpackbpOrdersPrice spread, now −0.075%Rate

Funding earned: $173.37
Price spread: −0.075% → 0.000%: −$7.52
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Fee Backpack: 5 bp × 2 orders: −$10
Net: $145.86
Costs to cover: 0.200%
Break-even: 1.1 days

Slippage unknown: gTrade (Gains Network): no order-book sample; Backpack: 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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell Backpack no order-book sample	—	—	—	—	—

gTrade (Gains Network) and Backpack: 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	0.6504	−0.025%	$19	—	100x	as long as short
gTrade (Gains Network) MNT/USDlong	L +0.0010% / S 0.0000%	1h	0.6506	long leg	$781	—	150x
Injective MNT/USDC PERP	+0.0033%	1h	0.6526	+0.309%	$3K	$210K	12x	as long as short
ApeX Omni MNTUSDT	+0.0067%	1h	0.6497	−0.137%	$10K	$631K	50x	as long as short
Hyperliquid MNT	+0.0100%	1h	0.6513	+0.117%	$6.6M	$969K	5x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6502	−0.060%	$42.8M	$14.5M	25x	as long as short
Gate MNT_USDT	+0.0100%	4h	0.6483	−0.352%	$406K	$148K	25x	as long as short
MEXC MNT_USDT	+0.0100%	8h	0.6502	−0.060%	$2.5M	$586K	100x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6499	−0.106%	—	$2.5M	—	as long as short
Variational Omni MNT	+0.0100%	8h	0.6511	+0.075%	$294K	$169K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_MNT_USDC	+0.0100%	8h	0.6511	+0.079%	$1K	—	10x	as long as short
BloFin MNT-USDT	+0.0220%	8h	0.6505	−0.014%	$89K	$218K	25x	as long as short
Lighter MNT	+0.0440%	1h	0.6522	+0.245%	$142K	$70K	5x	as long as short
Kraken Futures PF_MNTUSD	+0.0648%	1h	0.6511	+0.080%	$17K	$20K	20x	as long as short
Backpack MNT_USDC_PERPshort	+0.0836%	1h	0.6501	−0.075%	$40K	$46K	10x