Funding you earn now, next payment 09:00 UTC−0.1221%/8h= −133.7% APRpaid last 24h −0.079%
Price spread now: BloFin against Kraken Futures−1.007%57s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Both sides work against this trade now: funding costs −$37 a day on $10k at the current rate, and BloFin is 1.007% cheaper against Kraken Futures than usual: you would sell low and buy high (−$101 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 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 | Kraken Futures PF_MNTUSD | 0.6470 | 0.1523 | pay 0.0190% / 1h | 21m 28s | $16K | $40K | 20x |
| Short | BloFin MNT-USDT | 0.6405 | 0.0302 | get 0.0302% / 8h | 7h 21m | $91K | $187K | 25x |
Kraken Futures PF_MNTUSD
BloFin MNT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Kraken Futures. 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
- −$256.48
- Price spread: −1.007% → 0.000%
- −$100.67
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$379.15
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BloFin: live order book, 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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 44 min ago | 1.56 bp | 16.9 bp −$17 | 62.6 bp −$626 | doesn't fit | doesn't fit |
Kraken Futures: 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 | 0.6434 | −0.554% | $19 | — | 100x | as long as short |
| gTrade (Gains Network) MNT/USD | L +0.0010% / S 0.0000% | 1h | 0.6439 | −0.486% | $773 | — | 150x | as long as short |
| Injective MNT/USDC PERP | +0.0033% | 1h | 0.6526 | +0.863% | $3K | $210K | 12x | as long as short |
| Lighter MNT | +0.0096% | 1h | 0.6453 | −0.257% | $145K | $90K | 5x | as long as short |
| Hyperliquid MNT | +0.0100% | 1h | 0.6450 | −0.307% | $6.4M | $912K | 5x | as long as short |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6445 | −0.388% | $42.4M | $15.1M | 25x | as long as short |
| Gate MNT_USDT | +0.0100% | 4h | 0.6436 | −0.528% | $452K | $176K | 25x | as long as short |
| MEXC MNT_USDC | +0.0100% | 8h | 0.6436 | −0.528% | $2.4M | $106K | 125x | as long as short |
| BingX MNT-USDT | +0.0100% | 8h | 0.6442 | −0.435% | — | $2.6M | — | as long as short |
| Backpack MNT_USDC_PERP | +0.0100% | 1h | 0.6437 | −0.512% | $39K | $62K | 10x | as long as short |
GMX MNT/USD [ETH-USDC]
gTrade (Gains Network) MNT/USD
Injective MNT/USDC PERP
Lighter MNT
Hyperliquid MNT
Bybit MNTUSDT
Gate MNT_USDT
MEXC MNT_USDC
BingX MNT-USDT
Backpack MNT_USDC_PERPShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MNT | +0.0100% | 8h | 0.6399 | −1.095% | $286K | $111K | — | as long as short |
| ApeX Omni MNTUSDT | +0.0100% | 1h | 0.6429 | −0.636% | $11K | $644K | 50x | as long as short |
| Orderly PERP_MNT_USDC | +0.0100% | 8h | 0.6449 | −0.327% | $1K | $74 | 10x | as long as short |
| BloFin MNT-USDTshort | +0.0302% | 8h | 0.6405 | −1.007% | $91K | $187K | 25x | |
| Kraken Futures PF_MNTUSDlong | +0.1523% | 1h | 0.6470 | long leg | $16K | $40K | 20x |
Variational Omni MNT
ApeX Omni MNTUSDT
Orderly PERP_MNT_USDC