Funding you earn now, next payment 12:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.026%
Price spread now: Injective against Variational Omni−0.876%91s7-day average +0.394% · 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)−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)−0.877%−$88 · spread now −0.876%, 7d avg +0.394%
=Together, before fees−0.917%+ Points / potential airdropVariational Omni: Active · farm board−$92 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 1.270% cheaper against Variational Omni than usual: you would sell low and buy high (−$127 if the spread goes back to its 7-day average of +0.394%). Swap the legs. The two prices were read 91 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 | 0.6584 | 0.0100 | pay 0.0100% / 8h | 4h 09m | $295K | $100K | — |
| Short | Injective MNT/USDC PERP | 0.6526 | 0.0033 | get 0.0004% / 1h | 9m 33s | $3K | $210K | 12x |
Variational Omni MNT
Injective MNT/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$14
- Price spread: −0.876% → +0.394%
- −$127.01
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$141.03
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 33 min ago; Injective: 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, 33 min ago | 4.63 bp | doesn't fit | 74.1 bp −$741 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 exchanges
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 | 0.6591 | +0.105% | $19 | — | 100x | as long as short |
| gTrade (Gains Network) MNT/USD | L +0.0010% / S 0.0000% | 1h | 0.6591 | +0.113% | $791 | — | 150x | as long as short |
| Injective MNT/USDC PERPshort | +0.0033% | 1h | 0.6526 | −0.876% | $3K | $210K | 12x | |
| Hyperliquid MNT | +0.0100% | 1h | 0.6603 | +0.290% | $6.7M | $737K | 5x | as long as short |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6595 | +0.172% | $43.8M | $14.2M | 25x | as long as short |
| Gate MNT_USDT | +0.0100% | 4h | 0.6568 | −0.238% | $441K | $176K | 25x | as long as short |
| MEXC MNT_USDT | +0.0100% | 8h | 0.6593 | +0.141% | $2.4M | $531K | 100x | as long as short |
| BingX MNT-USDT | +0.0100% | 8h | 0.6593 | +0.141% | — | $2.6M | — | as long as short |
| Variational Omni MNTlong | +0.0100% | 8h | 0.6584 | long leg | $295K | $100K | — | |
| ApeX Omni MNTUSDT | +0.0100% | 1h | 0.6588 | +0.065% | $11K | $642K | 50x | as long as short |
GMX MNT/USD [ETH-USDC]
gTrade (Gains Network) MNT/USD
Hyperliquid MNT
Bybit MNTUSDT
Gate MNT_USDT
MEXC MNT_USDT
BingX MNT-USDT
ApeX Omni MNTUSDTShow all 15 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_MNT_USDC | +0.0100% | 8h | 0.6592 | +0.126% | $1K | $74 | 10x | as long as short |
| Lighter MNT | +0.0256% | 1h | 0.6611 | +0.416% | $153K | $75K | 5x | as long as short |
| BloFin MNT-USDT | +0.0322% | 8h | 0.6591 | +0.111% | $92K | $115K | 25x | as long as short |
| Backpack MNT_USDC_PERP | +0.0775% | 1h | 0.6592 | +0.126% | $34K | $63K | 10x | as long as short |
| Kraken Futures PF_MNTUSD | +0.1503% | 1h | 0.6619 | +0.543% | $17K | $36K | 20x | as long as short |
Orderly PERP_MNT_USDC
Lighter MNT
BloFin MNT-USDT
Backpack MNT_USDC_PERP
Kraken Futures PF_MNTUSD