MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.010%

Price spread now: BloFin against BingX+0.092%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$610.613% of the position

Long on BingX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.005%−$1 on $10k

Price spread, last 3 days (all we have)−0.023%−$2 · spread now +0.092%, 7d avg +0.002%

Together, before fees−0.028%−$3 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 0.090% dearer against BingX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX MNT-USDT	0.6490	0.0100	pay 0.0100% / 8h	1h 18m	—	$2.5M	—
Short	BloFin MNT-USDT	0.6496	0.0220	get 0.0220% / 8h	1h 18m	$89K	$223K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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 BingXbpFee BloFinbpOrdersPrice spread, now +0.092%Rate

Funding earned: $25.2
Price spread: +0.092% → +0.002%: $9.02
Slippage, 4 orders: −$39.28
Fee BingX: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$27.06
Costs to cover: 0.613%
Break-even: 14.5 days

Slippage from BingX: live order book, 6 min ago; BloFin: live order book, 57 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 BingX live order book, 6 min ago	2.31 bp	12.6 bp −$13	58.4 bp −$584	197.8 bp −$19.8K	826.8 bp −$413.4K
Sell BloFin live order book, 57 min ago	0.77 bp	11.0 bp −$11	46.4 bp −$464	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	0.6495	+0.074%	$19	—	100x	as long as short
Injective MNT/USDC PERP	−0.0080%	1h	0.6526	+0.555%	$3K	$210K	12x	as long as short
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6498	+0.124%	$780	—	150x	as long as short
Hyperliquid MNT	+0.0100%	1h	0.6503	+0.199%	$6.5M	$918K	5x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6492	+0.031%	$42.6M	$14.0M	25x	as long as short
Gate MNT_USDT	+0.0100%	4h	0.6474	−0.247%	$423K	$125K	25x	as long as short
MEXC MNT_USDT	+0.0100%	8h	0.6492	+0.031%	$2.5M	$595K	100x	as long as short
BingX MNT-USDTlong	+0.0100%	8h	0.6490	long leg	—	$2.5M	—
Variational Omni MNT	+0.0100%	8h	0.6494	+0.065%	$291K	$123K	—	as long as short
ApeX Omni MNTUSDT	+0.0100%	1h	0.6493	+0.046%	$10K	$636K	50x	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	0.6502	+0.185%	$1K	—	10x	as long as short
BloFin MNT-USDTshort	+0.0220%	8h	0.6496	+0.092%	$89K	$223K	25x
Lighter MNT	+0.0280%	1h	0.6512	+0.336%	$140K	$70K	5x	as long as short
Kraken Futures PF_MNTUSD	+0.0320%	1h	0.6490	−0.003%	$17K	$20K	20x	as long as short
Backpack MNT_USDC_PERP	+0.0754%	1h	0.6494	+0.062%	$41K	$45K	10x	as long as short