Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.025%
Price spread now: Hyperliquid against Orderly−0.103%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.103% cheaper against Orderly than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_MNT_USDC | 0.6497 | 0.0100 | pay 0.0100% / 8h | 1h 30m | $1K | — | 10x |
| Short | Hyperliquid MNT | 0.6490 | 0.0100 | get 0.0013% / 1h | 30m 48s | $6.5M | $917K | 5x |
Orderly PERP_MNT_USDC
Hyperliquid MNTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Orderly. 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
- $0
- Price spread: −0.103% → 0.000%
- −$10.31
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$25.31
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Hyperliquid: live order book, 1 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 1 min ago | 0.54 bp | 13.3 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
Orderly: 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 | 0.6487 | −0.150% | $19 | — | 100x | as long as short |
| Injective MNT/USDC PERP | −0.0080% | 1h | 0.6526 | +0.446% | $3K | $210K | 12x | as long as short |
| gTrade (Gains Network) MNT/USD | L +0.0010% / S 0.0000% | 1h | 0.6488 | −0.138% | $779 | — | 150x | as long as short |
| Hyperliquid MNTshort | +0.0100% | 1h | 0.6490 | −0.103% | $6.5M | $917K | 5x | |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6481 | −0.249% | $42.5M | $14.0M | 25x | as long as short |
| Gate MNT_USDT | +0.0100% | 4h | 0.6469 | −0.431% | $423K | $125K | 25x | as long as short |
| MEXC MNT_USDT | +0.0100% | 8h | 0.6482 | −0.231% | $2.5M | $594K | 100x | as long as short |
| BingX MNT-USDT | +0.0100% | 8h | 0.6479 | −0.277% | — | $2.5M | — | as long as short |
| Variational Omni MNT | +0.0100% | 8h | 0.6486 | −0.173% | $291K | $123K | — | as long as short |
| ApeX Omni MNTUSDT | +0.0100% | 1h | 0.6491 | −0.092% | $10K | $641K | 50x | 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 MNTUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_MNT_USDClong | +0.0100% | 8h | 0.6497 | long leg | $1K | — | 10x | |
| BloFin MNT-USDT | +0.0220% | 8h | 0.6483 | −0.215% | $89K | $222K | 25x | as long as short |
| Lighter MNT | +0.0288% | 1h | 0.6500 | +0.051% | $140K | $70K | 5x | as long as short |
| Kraken Futures PF_MNTUSD | +0.0320% | 1h | 0.6487 | −0.149% | $17K | $20K | 20x | as long as short |
| Backpack MNT_USDC_PERP | +0.0749% | 1h | 0.6484 | −0.200% | $44K | $44K | 10x | as long as short |
BloFin MNT-USDT
Lighter MNT
Kraken Futures PF_MNTUSD
Backpack MNT_USDC_PERP