After costs, if the gap returns to its 7d average, $10k−$77
spread now+0.162%7d average+0.153%fees + slippage, in and out−$77spread needed0.774%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MNTUSDT | 0.6359 | 0.0100 | pay 0.0100% / 8h | 2h 39m | $41.9M | $11.8M | 25x |
| Short | Hyperliquid MNT | 0.6369 | 0.0462 | get 0.0058% / 1h | 39m 55s | $6.3M | $879K | 5x |
Bybit MNTUSDT
Hyperliquid MNTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $16.2
- Funding while held
- $10.85
- Slippage, 4 orders
- −$57.41
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$50.37
- Spread needed to break even
- 0.774%
Slippage from Bybit: live order book, 5 min ago; Hyperliquid: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0362%
- Per $10,000 a day
- +$10.85
- Average in range /8h
- —
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 Bybit live order book, 5 min ago | 1.57 bp | 20.3 bp −$20 | 59.1 bp −$591 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 2.12 bp | 13.6 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
MNT price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6052cheapestVariational Omni0.6351+4.936%MEXC0.6355+5.007%Backpack0.6355+5.007%ApeX Omni0.6356+5.023%BloFin0.6356+5.023%GMX0.6357+5.033%Gate0.6357+5.040%gTrade (Gains Network)0.6357+5.040%BingX0.6358+5.056%
Injective
Variational Omni
MEXC
Backpack
ApeX Omni
BloFin
GMX
Gate
gTrade (Gains Network)
BingXBybit0.6359+5.073%
Orderly0.6364+5.155%Kraken Futures0.6367+5.204%
Orderly
Kraken FuturesHyperliquid0.6369+5.243%
Lighter0.6371+5.271%
LighterMNT on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective MNT/USDC PERP | −4.828% | +0.0033% | 1h | $3K | $123K | 12x | as long as short |
| Variational Omni MNT | −0.131% | +0.0100% | 8h | $271K | $90K | — | as long as short |
| MEXC MNT_USDC | −0.063% | +0.0100% | 8h | $2.4M | $99K | 125x | as long as short |
| Backpack MNT_USDC_PERP | −0.063% | +0.0100% | 1h | $56K | $34K | 10x | as long as short |
| ApeX Omni MNTUSDT | −0.047% | +0.0100% | 1h | $10K | $643K | 50x | as long as short |
| BloFin MNT-USDT | −0.047% | +0.0220% | 8h | $92K | $183K | 25x | as long as short |
| GMX MNT/USD [ETH-USDC] | −0.038% | L −0.2490% / S +0.0182% | 1h | $19 | — | 100x | as long as short |
| Gate MNT_USDT | −0.031% | +0.0100% | 4h | $407K | $120K | 25x | as long as short |
| gTrade (Gains Network) MNT/USD | −0.031% | L +0.0010% / S 0.0000% | 1h | $763 | — | 150x | as long as short |
| BingX MNT-USDT | −0.016% | +0.0100% | 8h | — | $2.4M | — | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit MNTUSDTlong | 0.000% | +0.0100% | 8h | $41.9M | $11.8M | 25x | |
| Orderly PERP_MNT_USDC | +0.079% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Kraken Futures PF_MNTUSD | +0.125% | +0.2212% | 1h | $17K | $13K | 20x | as long as short |
| Hyperliquid MNTshort | +0.162% | +0.0462% | 1h | $6.3M | $879K | 5x | |
| Lighter MNT | +0.189% | +0.0800% | 1h | $127K | $51K | 5x | as long as short |