Funding you earn now, next payment 23:00 UTC−0.0292%/8h= −31.9% APRpaid last 24h −0.064%
Price spread now: GMX against Variational Omni+0.052%50s7-day average — · you sell dearer than you buy
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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread pays, funding is against you. GMX is 0.052% dearer against Variational Omni than usual: you sell high and buy low (spread +0.052% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 14 hours. The two prices were read 50 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 | Variational Omni MNT | 0.6494 | 0.0100 | pay 0.0100% / 8h | 1h 16m | $291K | $123K | — |
| Short | GMX MNT/USD [ETH-USDC] | 0.6498 | L −0.2622% / S +0.0192% | pay 0.0024% / 1h | 16m 27s | $19 | — | 100x |
Variational Omni MNT
GMX MNT/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Variational Omni. 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
- −$61.26
- Price spread: +0.052% → 0.000%
- $5.22
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$68.04
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; GMX: 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 Variational Omni RFQ quote, 3 min ago | 3.85 bp | doesn't fit | 68.6 bp −$686 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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]short | L −0.2622% / S +0.0192% | 1h | 0.6498 | +0.052% | $19 | — | 100x | |
| Injective MNT/USDC PERP | −0.0080% | 1h | 0.6526 | +0.490% | $3K | $210K | 12x | as long as short |
| gTrade (Gains Network) MNT/USD | L +0.0010% / S 0.0000% | 1h | 0.6498 | +0.060% | $780 | — | 150x | as long as short |
| Hyperliquid MNT | +0.0100% | 1h | 0.6509 | +0.223% | $6.5M | $919K | 5x | as long as short |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6497 | +0.043% | $42.6M | $14.0M | 25x | as long as short |
| Gate MNT_USDT | +0.0100% | 4h | 0.6474 | −0.311% | $417K | $125K | 25x | as long as short |
| MEXC MNT_USDT | +0.0100% | 8h | 0.6494 | −0.003% | $2.5M | $595K | 100x | as long as short |
| BingX MNT-USDT | +0.0100% | 8h | 0.6493 | −0.018% | — | $2.5M | — | as long as short |
| Variational Omni MNTlong | +0.0100% | 8h | 0.6494 | long leg | $291K | $123K | — | |
| ApeX Omni MNTUSDT | +0.0100% | 1h | 0.6493 | −0.018% | $10K | $636K | 50x | as long as short |
Injective MNT/USDC PERP
gTrade (Gains Network) MNT/USD
Hyperliquid MNT
Bybit MNTUSDT
Gate MNT_USDT
MEXC MNT_USDT
BingX MNT-USDT
ApeX Omni MNTUSDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_MNT_USDC | +0.0100% | 8h | 0.6503 | +0.136% | $1K | — | 10x | as long as short |
| BloFin MNT-USDT | +0.0220% | 8h | 0.6492 | −0.034% | $89K | $223K | 25x | as long as short |
| Lighter MNT | +0.0272% | 1h | 0.6513 | +0.297% | $140K | $70K | 5x | as long as short |
| Kraken Futures PF_MNTUSD | +0.0319% | 1h | 0.6495 | +0.020% | $17K | $20K | 20x | as long as short |
| Backpack MNT_USDC_PERP | +0.0758% | 1h | 0.6495 | +0.013% | $41K | $45K | 10x | as long as short |
Orderly PERP_MNT_USDC
BloFin MNT-USDT
Lighter MNT
Kraken Futures PF_MNTUSD
Backpack MNT_USDC_PERP