MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.025%

Price spread now: Bybit against BloFin−0.051%7-day average +0.008% · you buy dearer than you sell

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$770.768% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.019%−$2 on $10k

Price spread, last 4 days (all we have)−0.365%−$37 · spread now −0.051%, 7d avg +0.008%

Together, before fees−0.385%−$38 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.059% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.008%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MNT-USDT	0.6480	0.0220	pay 0.0220% / 8h	5h 11m	$90K	$212K	25x
Short	Bybit MNTUSDT	0.6477	0.0100	get 0.0100% / 8h	5h 11m	$42.4M	$14.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now −0.051%Rate

Funding earned: −$25.2
Price spread: −0.051% → +0.008%: −$5.93
Slippage, 4 orders: −$53.77
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$107.9
Costs to cover: 0.768%
Break-even: never at this rate

Slippage from BloFin: live order book, 27 min ago; Bybit: live order book, 3 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 BloFin live order book, 27 min ago	1.55 bp	19.5 bp −$19	50.0 bp −$500	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	0.77 bp	22.2 bp −$22	94.2 bp −$942	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	0.6479	−0.017%	$19	—	100x	as long as short
Kraken Futures PF_MNTUSD	−0.0446%	1h	0.6477	−0.053%	$16K	$28K	20x	as long as short
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6478	−0.025%	$778	—	150x	as long as short
Injective MNT/USDC PERP	+0.0033%	1h	0.6526	+0.710%	$3K	$210K	12x	as long as short
Hyperliquid MNT	+0.0100%	1h	0.6488	+0.123%	$6.6M	$878K	5x	as long as short
Bybit MNTUSDTshort	+0.0100%	8h	0.6477	−0.051%	$42.4M	$14.8M	25x
Gate MNT_USDT	+0.0100%	4h	0.6468	−0.185%	$431K	$172K	25x	as long as short
MEXC MNT_USDC	+0.0100%	8h	0.6474	−0.093%	$2.4M	$105K	125x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6474	−0.093%	—	$2.5M	—	as long as short
Variational Omni MNT	+0.0100%	8h	0.6475	−0.073%	$287K	$173K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni MNTUSDT	+0.0100%	1h	0.6477	−0.046%	$11K	$644K	50x	as long as short
Orderly PERP_MNT_USDC	+0.0100%	8h	0.6486	+0.093%	$1K	—	10x	as long as short
BloFin MNT-USDTlong	+0.0220%	8h	0.6480	long leg	$90K	$212K	25x
Lighter MNT	+0.0360%	1h	0.6495	+0.235%	$143K	$75K	5x	as long as short
Backpack MNT_USDC_PERP	+0.0418%	1h	0.6477	−0.046%	$43K	$56K	10x	as long as short