Funding you earn now, next payment 01:00 UTC+0.0558%/8h= +61.1% APRnext payment +$0.70 per $10,000 · paid last 24h +0.113%
Price spread now: Lighter against gTrade (Gains Network)+0.273%7-day average — · you sell dearer than you buy
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—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Lighter is 0.273% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$27 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) MNT/USD | 0.6492 | L +0.0010% / S 0.0000% | pay 0.0001% / 1h | 4m 07s | $780 | — | 150x |
| Short | Lighter MNT | 0.6510 | 0.0568 | get 0.0071% / 1h | 4m 07s | $140K | $70K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- $117.19
- Price spread: +0.273% → 0.000%
- $27.26
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $134.46
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: gTrade (Gains Network): no order-book sample; Lighter: live order book, 51 min ago. 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 Lighter live order book, 51 min ago | 7.58 bp | 14.2 bp −$14 | 94.6 bp −$946 | doesn't fit | doesn't fit |
gTrade (Gains Network): 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 | 0.6491 | −0.019% | $19 | — | 100x | as long as short |
| gTrade (Gains Network) MNT/USDlong | L +0.0010% / S 0.0000% | 1h | 0.6492 | long leg | $780 | — | 150x | |
| Injective MNT/USDC PERP | +0.0033% | 1h | 0.6526 | +0.521% | $3K | $210K | 12x | as long as short |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6487 | −0.086% | $42.8M | $14.4M | 25x | as long as short |
| Gate MNT_USDT | +0.0100% | 4h | 0.6476 | −0.250% | $421K | $158K | 25x | as long as short |
| MEXC MNT_USDT | +0.0100% | 8h | 0.6488 | −0.065% | $2.5M | $594K | 100x | as long as short |
| BingX MNT-USDT | +0.0100% | 8h | 0.6483 | −0.142% | — | $2.5M | — | as long as short |
| Variational Omni MNT | +0.0100% | 8h | 0.6491 | −0.022% | $293K | $168K | — | as long as short |
| ApeX Omni MNTUSDT | +0.0100% | 1h | 0.6507 | +0.228% | $11K | $636K | 50x | as long as short |
| Orderly PERP_MNT_USDC | +0.0100% | 8h | 0.6506 | +0.213% | $1K | — | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin MNT-USDT | +0.0220% | 8h | 0.6493 | +0.012% | $89K | $226K | 25x | as long as short |
| Hyperliquid MNT | +0.0250% | 1h | 0.6499 | +0.099% | $6.7M | $934K | 5x | as long as short |
| Lighter MNTshort | +0.0568% | 1h | 0.6510 | +0.273% | $140K | $70K | 5x | |
| Kraken Futures PF_MNTUSD | +0.0596% | 1h | 0.6491 | −0.019% | $17K | $20K | 20x | as long as short |
| Backpack MNT_USDC_PERP | +0.0649% | 1h | 0.6489 | −0.049% | $37K | $47K | 10x | as long as short |
gTrade (Gains Network) MNT/USD
Lighter MNT
GMX MNT/USD [ETH-USDC]
Injective MNT/USDC PERP
Bybit MNTUSDT
Gate MNT_USDT
MEXC MNT_USDT
BingX MNT-USDT
Variational Omni MNT
ApeX Omni MNTUSDT
BloFin MNT-USDT
Hyperliquid MNT
Kraken Futures PF_MNTUSD
Backpack MNT_USDC_PERP