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

MNT

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.2722%/8h= +298.1% APRnext payment +$3.40 per $10,000 · paid last 24h +0.835%
Price spread now: ApeX Omni against GMX−0.174%52s7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. ApeX Omni is 0.174% cheaper against GMX than usual: you would sell low and buy high (spread −0.174% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 5 hours of funding at the current rate (+$82 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX MNT/USD [ETH-USDC]0.6455L −0.2622% / S +0.0192%get 0.0328% / 1h19m 16s$19100x
ShortApeX Omni MNTUSDT0.64440.0100get 0.0013% / 1h19m 16s$11K$644K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against GMX. 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
$571.65
Price spread: −0.174% → 0.000%
−$17.37
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$532.28
Costs to cover
0.220%
Break-even
0.5 days
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 14 min ago. 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 GMX no order-book sample
Sell ApeX Omni live order book, 14 min ago5.47 bp13.4 bp −$13108.3 bp −$1,083doesn't fitdoesn't fit
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 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]longL −0.2622% / S +0.0192%1h0.6455long leg$19100x
gTrade (Gains Network) MNT/USDL +0.0010% / S 0.0000%1h0.6464+0.138%$776150xas long as short
Injective MNT/USDC PERP+0.0033%1h0.6526+1.097%$3K$210K12xas long as short
Lighter MNT+0.0096%1h0.6478+0.353%$145K$90K5xas long as short
Hyperliquid MNT+0.0100%1h0.6474+0.293%$6.5M$913K5xas long as short
Bybit MNTUSDT+0.0100%8h0.6464+0.130%$42.7M$15.1M25xas long as short
Gate MNT_USDT+0.0100%4h0.6460+0.074%$453K$177K25xas long as short
MEXC MNT_USDC+0.0100%8h0.6460+0.074%$2.4M$107K125xas long as short
BingX MNT-USDT+0.0100%8h0.6467+0.183%$2.6Mas long as short
Backpack MNT_USDC_PERP+0.0100%1h0.6459+0.059%$38K$62K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MNT+0.0100%8h0.6465+0.153%$288K$111Kas long as short
ApeX Omni MNTUSDTshort+0.0100%1h0.6444−0.174%$11K$644K50x
Orderly PERP_MNT_USDC+0.0100%8h0.6465+0.152%$1K$7410xas long as short
BloFin MNT-USDT+0.0307%8h0.6454−0.019%$91K$161K25xas long as short
Kraken Futures PF_MNTUSD+0.1518%1h0.6493+0.580%$16K$40K20xas long as short