Funding you earn now, next payment 02:00 UTC−0.0202%/8h= −22.1% APRnext payment −$0.25 per $10,000 · paid last 24h −0.056%
Price spread now: GMX against gTrade (Gains Network)−0.029%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and GMX is 0.029% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) MNT/USD | 0.6403 | L +0.0010% / S 0.0000% | pay 0.0001% / 1h | 19m 37s | $769 | — | 150x |
| Short | GMX MNT/USD [ETH-USDC] | 0.6401 | L −0.2622% / S +0.0192% | pay 0.0024% / 1h | 19m 37s | $19 | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against gTrade (Gains Network). 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
- −$42.35
- Price spread: −0.029% → 0.000%
- −$2.87
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$67.22
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: gTrade (Gains Network): no order-book sample; GMX: 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and GMX: 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 14 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]short | L −0.2622% / S +0.0192% | 1h | 0.6401 | −0.029% | $19 | — | 100x | |
| ApeX Omni MNTUSDT | −0.0152% | 1h | 0.6409 | +0.089% | $11K | $641K | 50x | as long as short |
| gTrade (Gains Network) MNT/USDlong | L +0.0010% / S 0.0000% | 1h | 0.6403 | long leg | $769 | — | 150x | |
| Injective MNT/USDC PERP | +0.0033% | 1h | 0.6526 | +1.916% | $3K | $210K | 12x | as long as short |
| Lighter MNT | +0.0096% | 1h | 0.6421 | +0.282% | $138K | $73K | 5x | as long as short |
| Hyperliquid MNT | +0.0100% | 1h | 0.6413 | +0.153% | $6.6M | $945K | 5x | as long as short |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6401 | −0.033% | $41.9M | $15.0M | 25x | as long as short |
| Gate MNT_USDT | +0.0100% | 4h | 0.6388 | −0.239% | $412K | $165K | 25x | as long as short |
| MEXC MNT_USDC | +0.0100% | 8h | 0.6399 | −0.068% | $2.4M | $104K | 125x | as long as short |
| BingX MNT-USDT | +0.0100% | 8h | 0.6400 | −0.052% | — | $2.5M | — | as long as short |
Show all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni MNT | +0.0100% | 8h | 0.6406 | +0.047% | $284K | $174K | — | as long as short |
| Orderly PERP_MNT_USDC | +0.0100% | 8h | 0.6412 | +0.135% | $1K | — | 10x | as long as short |
| Backpack MNT_USDC_PERP | +0.0261% | 1h | 0.6401 | −0.036% | $47K | $56K | 10x | as long as short |
| Kraken Futures PF_MNTUSD | +0.0385% | 1h | 0.6401 | −0.039% | $16K | $29K | 20x | as long as short |
gTrade (Gains Network) MNT/USD
GMX MNT/USD [ETH-USDC]
ApeX Omni MNTUSDT
Injective MNT/USDC PERP
Lighter MNT
Hyperliquid MNT
Bybit MNTUSDT
Gate MNT_USDT
MEXC MNT_USDC
BingX MNT-USDT
Variational Omni MNT
Backpack MNT_USDC_PERP
Kraken Futures PF_MNTUSD