Funding you earn now, next payment 01:00 UTC+0.2655%/8h= +290.8% APRnext payment +$3.32 per $10,000 · paid last 24h +0.719%
Price spread now: Injective against GMX−0.362%7-day average — · 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)—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. Injective is 0.362% cheaper against GMX than usual: you would sell low and buy high (spread −0.362% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$36 on $10k: about 11 hours of funding at the current rate (+$80 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX MNT/USD [ETH-USDC] | 0.6550 | L −0.2622% / S +0.0192% | get 0.0328% / 1h | 28m 37s | $19 | — | 100x |
| Short | Injective MNT/USDC PERP | 0.6526 | 0.0033 | get 0.0004% / 1h | 28m 37s | $3K | $210K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against GMX. 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
- $557.65
- Price spread: −0.362% → 0.000%
- −$36.15
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $509.48
- Costs to cover
- 0.120%
- Break-even
- 0.6 days
Slippage unknown: GMX: no order-book sample; Injective: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
GMX and Injective: 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]long | L −0.2622% / S +0.0192% | 1h | 0.6550 | long leg | $19 | — | 100x | |
| gTrade (Gains Network) MNT/USD | L +0.0010% / S 0.0000% | 1h | 0.6550 | 0.000% | $786 | — | 150x | as long as short |
| Injective MNT/USDC PERPshort | +0.0033% | 1h | 0.6526 | −0.362% | $3K | $210K | 12x | |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6555 | +0.081% | $43.2M | $14.4M | 25x | as long as short |
| Gate MNT_USDT | +0.0100% | 4h | 0.6525 | −0.377% | $423K | $155K | 25x | as long as short |
| MEXC MNT_USDT | +0.0100% | 8h | 0.6548 | −0.026% | $2.5M | $588K | 100x | as long as short |
| BingX MNT-USDT | +0.0100% | 8h | 0.6552 | +0.035% | — | $2.5M | — | as long as short |
| Variational Omni MNT | +0.0100% | 8h | 0.6544 | −0.079% | $295K | $168K | — | as long as short |
| ApeX Omni MNTUSDT | +0.0100% | 1h | 0.6537 | −0.194% | $11K | $637K | 50x | as long as short |
| Orderly PERP_MNT_USDC | +0.0100% | 8h | 0.6551 | +0.020% | $1K | — | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MNT | +0.0219% | 1h | 0.6563 | +0.206% | $6.7M | $995K | 5x | as long as short |
| BloFin MNT-USDT | +0.0220% | 8h | 0.6547 | −0.041% | $90K | $219K | 25x | as long as short |
| Lighter MNT | +0.0544% | 1h | 0.6570 | +0.303% | $141K | $70K | 5x | as long as short |
| Kraken Futures PF_MNTUSD | +0.0590% | 1h | 0.6549 | −0.005% | $17K | $20K | 20x | as long as short |
| Backpack MNT_USDC_PERP | +0.0741% | 1h | 0.6549 | −0.010% | $38K | $48K | 10x | as long as short |
GMX MNT/USD [ETH-USDC]
Injective MNT/USDC PERP
gTrade (Gains Network) MNT/USD
Bybit MNTUSDT
Gate MNT_USDT
MEXC MNT_USDT
BingX MNT-USDT
Variational Omni MNT
ApeX Omni MNTUSDT
Hyperliquid MNT
BloFin MNT-USDT
Lighter MNT
Kraken Futures PF_MNTUSD
Backpack MNT_USDC_PERP