Settings8H · net · $10k
Funding arb · Price arb /

MNT

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0090%/8h= −9.9% APRnext payment $0.11 per $10,000 · paid last 24h 0.000%
Price spread now: Injective against gTrade (Gains Network)+0.466%55s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Injective is 0.466% dearer against gTrade (Gains Network) than usual: you sell high and buy low (spread +0.466% now, against zero (this spread has no 7-day history yet)): +$47 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 17 days. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LonggTrade (Gains Network) MNT/USD0.6496L +0.0010% / S 0.0000%pay 0.0001% / 1h6m 12s$780150x
ShortInjective MNT/USDC PERP0.6526−0.0080pay 0.0010% / 1h6m 12s$3K$210K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$18.89
Price spread: +0.466% → 0.000%
$46.6
Slippage, 4 orders
no order book: not counted
Fee gTrade (Gains Network): 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$17.69
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy gTrade (Gains Network) no order-book sample
Sell Injective no order-book sample
gTrade (Gains Network) and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX MNT/USD [ETH-USDC]L −0.2622% / S +0.0192%1h0.6495−0.004%$19100xas long as short
Injective MNT/USDC PERPshort−0.0080%1h0.6526+0.466%$3K$210K12x
gTrade (Gains Network) MNT/USDlongL +0.0010% / S 0.0000%1h0.6496long leg$780150x
Hyperliquid MNT+0.0100%1h0.6503+0.110%$6.5M$920K5xas long as short
Bybit MNTUSDT+0.0100%8h0.6492−0.057%$42.6M$14.1M25xas long as short
Gate MNT_USDT+0.0100%4h0.6468−0.427%$408K$139K25xas long as short
MEXC MNT_USDT+0.0100%8h0.6490−0.088%$2.5M$596K100xas long as short
BingX MNT-USDT+0.0100%8h0.6488−0.119%$2.5Mas long as short
Variational Omni MNT+0.0100%8h0.6489−0.109%$293K$125Kas long as short
ApeX Omni MNTUSDT+0.0100%1h0.6481−0.227%$10K$633K50xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_MNT_USDC+0.0100%8h0.6496+0.004%$1K10xas long as short
BloFin MNT-USDT+0.0220%8h0.6485−0.165%$89K$223K25xas long as short
Lighter MNT+0.0288%1h0.6512+0.249%$140K$70K5xas long as short
Kraken Futures PF_MNTUSD+0.0319%1h0.6510+0.221%$17K$20K20xas long as short
Backpack MNT_USDC_PERP+0.0742%1h0.6493−0.042%$41K$45K10xas long as short