Funding you earn now, next payment 00:00 UTC+0.0635%/8h= +69.5% APRnext payment +$0.79 per $10,000 · paid last 24h +0.135%
Price spread now: Kraken Futures against gTrade (Gains Network)−0.067%52s7-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
Funding pays, the price is against you. Kraken Futures is 0.067% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.067% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 8 hours of funding at the current rate (+$19 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) MNT/USD | 0.6548 | L +0.0010% / S 0.0000% | pay 0.0001% / 1h | 39m 27s | $786 | — | 150x |
| Short | Kraken Futures PF_MNTUSD | 0.6544 | 0.0645 | get 0.0081% / 1h | 39m 27s | $17K | $20K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $133.37
- Price spread: −0.067% → 0.000%
- −$6.66
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $106.71
- Costs to cover
- 0.200%
- Break-even
- 1.4 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Kraken Futures: 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 Kraken Futures no order-book sample | — | — | — | — | — |
gTrade (Gains Network) and Kraken Futures: 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.| 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 | 0.6547 | −0.019% | $19 | — | 100x | as long as short |
| gTrade (Gains Network) MNT/USDlong | L +0.0010% / S 0.0000% | 1h | 0.6548 | long leg | $786 | — | 150x | |
| Injective MNT/USDC PERP | +0.0033% | 1h | 0.6526 | −0.334% | $3K | $210K | 12x | as long as short |
| Hyperliquid MNT | +0.0100% | 1h | 0.6556 | +0.126% | $6.6M | $937K | 5x | as long as short |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6544 | −0.055% | $43.1M | $14.4M | 25x | as long as short |
| Gate MNT_USDT | +0.0100% | 4h | 0.6524 | −0.365% | $408K | $147K | 25x | as long as short |
| MEXC MNT_USDT | +0.0100% | 8h | 0.6544 | −0.059% | $2.5M | $586K | 100x | as long as short |
| BingX MNT-USDT | +0.0100% | 8h | 0.6544 | −0.059% | — | $2.5M | — | as long as short |
| Variational Omni MNT | +0.0100% | 8h | 0.6535 | −0.202% | $295K | $169K | — | as long as short |
| ApeX Omni MNTUSDT | +0.0100% | 1h | 0.6545 | −0.044% | $11K | $631K | 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 | 0.6552 | +0.063% | $1K | — | 10x | as long as short |
| BloFin MNT-USDT | +0.0220% | 8h | 0.6553 | +0.078% | $89K | $220K | 25x | as long as short |
| Lighter MNT | +0.0384% | 1h | 0.6568 | +0.313% | $143K | $69K | 5x | as long as short |
| Kraken Futures PF_MNTUSDshort | +0.0645% | 1h | 0.6544 | −0.067% | $17K | $20K | 20x | |
| Backpack MNT_USDC_PERP | +0.0931% | 1h | 0.6544 | −0.059% | $40K | $46K | 10x | as long as short |
gTrade (Gains Network) MNT/USD
Kraken Futures PF_MNTUSD
GMX MNT/USD [ETH-USDC]
Injective MNT/USDC PERP
Hyperliquid MNT
Bybit MNTUSDT
Gate MNT_USDT
MEXC MNT_USDT
BingX MNT-USDT
Variational Omni MNT
ApeX Omni MNTUSDT
BloFin MNT-USDT
Lighter MNT
Backpack MNT_USDC_PERP