MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.025%

Price spread now: BloFin against MEXC+0.232%64s7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$550.552% of the position

Long on MEXC Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 3 days (all we have)−0.206%−$21 · spread now +0.232%, 7d avg −0.002%

Together, before fees−0.187%−$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.233% dearer against MEXC than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of −0.002%. The two prices were read 64 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	MEXC MNT_USDT	0.6469	0.0100	pay 0.0100% / 8h	7h 02m	$2.4M	$595K	100x
Short	BloFin MNT-USDT	0.6484	0.0220	get 0.0220% / 8h	7h 02m	$89K	$226K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against MEXC. 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 MEXCbpFee BloFinbpOrdersPrice spread, now +0.232%Rate

Funding earned: $25.2
Price spread: +0.232% → −0.002%: $23.35
Slippage, 4 orders: −$35.18
Fee MEXC: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$6.63
Costs to cover: 0.552%
Break-even: 8.8 days

Slippage from MEXC: live order book, 4 min ago; BloFin: live order book, 63 min ago.

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 MEXC live order book, 4 min ago	1.54 bp	10.6 bp −$11	61.9 bp −$619	106.3 bp −$10.6K	doesn't fit
Sell BloFin live order book, 63 min ago	0.77 bp	14.7 bp −$15	47.0 bp −$470	doesn't fit	doesn't fit

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	0.6472	+0.051%	$19	—	100x	as long as short
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6474	+0.077%	$777	—	150x	as long as short
Injective MNT/USDC PERP	+0.0033%	1h	0.6526	+0.881%	$3K	$210K	12x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6467	−0.037%	$42.6M	$14.4M	25x	as long as short
Gate MNT_USDT	+0.0100%	4h	0.6461	−0.124%	$416K	$160K	25x	as long as short
MEXC MNT_USDTlong	+0.0100%	8h	0.6469	long leg	$2.4M	$595K	100x
BingX MNT-USDT	+0.0100%	8h	0.6467	−0.031%	—	$2.5M	—	as long as short
Variational Omni MNT	+0.0100%	8h	0.6491	+0.337%	$293K	$168K	—	as long as short
ApeX Omni MNTUSDT	+0.0100%	1h	0.6496	+0.417%	$11K	$635K	50x	as long as short
Orderly PERP_MNT_USDC	+0.0100%	8h	0.6483	+0.216%	$1K	—	10x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin MNT-USDTshort	+0.0220%	8h	0.6484	+0.232%	$89K	$226K	25x
Hyperliquid MNT	+0.0244%	1h	0.6479	+0.155%	$6.6M	$934K	5x	as long as short
Lighter MNT	+0.0552%	1h	0.6491	+0.337%	$139K	$70K	5x	as long as short
Kraken Futures PF_MNTUSD	+0.0597%	1h	0.6474	+0.075%	$17K	$20K	20x	as long as short
Backpack MNT_USDC_PERP	+0.0631%	1h	0.6466	−0.046%	$37K	$47K	10x	as long as short