MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0183%/8h= −20.1% APRnext payment −$0.23 per $10,000 · paid last 24h +0.029%

Price spread now: Kraken Futures against Lighter+0.274%7-day average — · you sell dearer than you buy

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

Long on Lighter Short on Kraken Futures

What this pair did over the last

the charts below follow

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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

The price spread pays, funding is against you. Kraken Futures is 0.274% dearer against Lighter than usual: you sell high and buy low (spread +0.274% now, against zero (this spread has no 7-day history yet)): +$27 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 5.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter MNT	0.6443	0.0096	pay 0.0012% / 1h	4m 53s	$146K	$90K	5x
Short	Kraken Futures PF_MNTUSD	0.6460	−0.0087	pay 0.0011% / 1h	4m 53s	$16K	$40K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Lighter. 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 LighterbpFee Kraken FuturesbpOrdersPrice spread, now +0.274%Rate

Funding earned: −$38.51
Price spread: +0.274% → 0.000%: $27.36
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$21.15
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Lighter: live order book, 15 min ago; Kraken Futures: 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 Lighter live order book, 15 min ago	9.63 bp	32.5 bp −$32	83.9 bp −$839	doesn't fit	doesn't fit
Sell Kraken Futures no order-book sample	—	—	—	—	—

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	0.6429	−0.212%	$19	—	100x	as long as short
Kraken Futures PF_MNTUSDshort	−0.0087%	1h	0.6460	+0.274%	$16K	$40K	20x
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6430	−0.197%	$772	—	150x	as long as short
Injective MNT/USDC PERP	+0.0033%	1h	0.6526	+1.291%	$3K	$210K	12x	as long as short
Lighter MNTlong	+0.0096%	1h	0.6443	long leg	$146K	$90K	5x
Hyperliquid MNT	+0.0100%	1h	0.6437	−0.084%	$6.4M	$923K	5x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6427	−0.245%	$42.3M	$15.2M	25x	as long as short
Gate MNT_USDT	+0.0100%	4h	0.6419	−0.369%	$451K	$180K	25x	as long as short
MEXC MNT_USDC	+0.0100%	8h	0.6426	−0.261%	$2.4M	$110K	125x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6428	−0.230%	—	$2.6M	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack MNT_USDC_PERP	+0.0100%	1h	0.6427	−0.245%	$40K	$61K	10x	as long as short
Variational Omni MNT	+0.0100%	8h	0.6431	−0.189%	$288K	$112K	—	as long as short
ApeX Omni MNTUSDT	+0.0100%	1h	0.6435	−0.121%	$11K	$637K	50x	as long as short
Orderly PERP_MNT_USDC	+0.0100%	8h	0.6439	−0.059%	$1K	$74	10x	as long as short
BloFin MNT-USDT	+0.0302%	8h	0.6429	−0.214%	$91K	$222K	25x	as long as short