Funding arb · Price arb /

MNT

all MNT markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −11.0% APRpaid last 24h −0.030%

Price spread now: gTrade (Gains Network) against Gate+0.136%7-day average — · you sell dearer than you buy

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

Long on Gate Short on gTrade (Gains Network)

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

The price spread pays, funding is against you. gTrade (Gains Network) is 0.136% dearer against Gate than usual: you sell high and buy low (spread +0.136% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate MNT_USDT	0.6463	0.0100	pay 0.0050% / 4h	1h 07m	$432K	$173K	25x
Short	gTrade (Gains Network) MNT/USD	0.6472	L +0.0010% / S 0.0000%	pay 0.0000% / 1h	7m 45s	$777	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Gate. 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 GatebpFee gTrade (Gains Network)bpOrdersPrice spread, now +0.136%Rate

Funding earned: −$21.1
Price spread: +0.136% → 0.000%: $13.63
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee gTrade (Gains Network): 5 bp × 2 orders: −$10
Net: −$32.46
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 53 min ago; gTrade (Gains Network): 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 Gate live order book, 53 min ago	6.27 bp	27.7 bp −$28	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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	0.6471	+0.122%	$19	—	100x	as long as short
Kraken Futures PF_MNTUSD	−0.0448%	1h	0.6455	−0.118%	$16K	$28K	20x	as long as short
gTrade (Gains Network) MNT/USDshort	L +0.0010% / S 0.0000%	1h	0.6472	+0.136%	$777	—	150x
Injective MNT/USDC PERP	+0.0033%	1h	0.6526	+0.975%	$3K	$210K	12x	as long as short
Hyperliquid MNT	+0.0100%	1h	0.6475	+0.186%	$6.6M	$878K	5x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6464	+0.017%	$42.3M	$14.8M	25x	as long as short
Gate MNT_USDTlong	+0.0100%	4h	0.6463	long leg	$432K	$173K	25x
MEXC MNT_USDC	+0.0100%	8h	0.6466	+0.046%	$2.4M	$106K	125x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6463	0.000%	—	$2.5M	—	as long as short
Variational Omni MNT	+0.0100%	8h	0.6475	+0.189%	$287K	$173K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni MNTUSDT	+0.0100%	1h	0.6477	+0.217%	$11K	$644K	50x	as long as short
Orderly PERP_MNT_USDC	+0.0100%	8h	0.6481	+0.279%	$1K	—	10x	as long as short
BloFin MNT-USDT	+0.0220%	8h	0.6470	+0.108%	$90K	$212K	25x	as long as short
Lighter MNT	+0.0344%	1h	0.6483	+0.314%	$142K	$75K	5x	as long as short
Backpack MNT_USDC_PERP	+0.0375%	1h	0.6467	+0.062%	$43K	$56K	10x	as long as short