MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0735%/8h= +80.4% APRnext payment +$0.92 per $10,000 · paid last 24h −0.023%

Price spread now: Injective against ApeX Omni+1.588%7-day average +0.216% · you sell dearer than you buy

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

Long on ApeX Omni Short on Injective

What this pair did over the last

the charts below follow

Funding, last 7 days−0.084%−$8 on $10k

Price spread, last 3 days (all we have)−3.405%−$340 · spread now +1.588%, 7d avg +0.216%

Together, before fees−3.489%−$349 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Injective is 1.372% dearer against ApeX Omni than usual: you sell high and buy low: +$137 more if the spread goes back to its 7-day average of +0.216%. Mind the row above: over the last 7 days funding on this pair cost −0.084%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.084% in total (about -4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.92 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MNTUSDT	0.6424	−0.0701	get 0.0088% / 1h	45m 51s	$11K	$638K	50x
Short	Injective MNT/USDC PERP	0.6526	0.0033	get 0.0004% / 1h	45m 51s	$3K	$210K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 ApeX OmnibpFee InjectivebpOrdersPrice spread, now +1.588%Rate

Funding earned: $154.25
Price spread: +1.588% → +0.216%: $137.18
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $281.42
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: ApeX Omni: live order book, 22 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 ApeX Omni live order book, 22 min ago	4.61 bp	13.1 bp −$13	110.0 bp −$1,100	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 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	0.6421	−0.045%	$19	—	100x	as long as short
ApeX Omni MNTUSDTlong	−0.0701%	1h	0.6424	long leg	$11K	$638K	50x
gTrade (Gains Network) MNT/USD	L +0.0010% / S −0.0008%	1h	0.6421	−0.041%	$12K	—	150x	as long as short
Injective MNT/USDC PERPshort	+0.0033%	1h	0.6526	+1.588%	$3K	$210K	12x
Hyperliquid MNT	+0.0100%	1h	0.6426	+0.031%	$6.6M	$941K	5x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6414	−0.149%	$42.2M	$14.7M	25x	as long as short
Gate MNT_USDT	+0.0100%	4h	0.6401	−0.358%	$412K	$163K	25x	as long as short
MEXC MNT_USDC	+0.0100%	8h	0.6414	−0.156%	$2.4M	$102K	125x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6413	−0.171%	—	$2.5M	—	as long as short
Variational Omni MNT	+0.0100%	8h	0.6415	−0.148%	$285K	$173K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_MNT_USDC	+0.0100%	8h	0.6433	+0.140%	$1K	—	10x	as long as short
Backpack MNT_USDC_PERP	+0.0115%	1h	0.6417	−0.109%	$40K	$49K	10x	as long as short
Lighter MNT	+0.0144%	1h	0.6436	+0.181%	$138K	$71K	5x	as long as short
BloFin MNT-USDT	+0.0220%	8h	0.6418	−0.093%	$90K	$219K	25x	as long as short
Kraken Futures PF_MNTUSD	+0.0384%	1h	0.6431	+0.114%	$16K	$20K	20x	as long as short