Spread before costs (cost unknown: a leg has no order-book sample)+0.059%
7d average—if it closes, per $10,000$6funding while held, a day+$77.84
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX MNT/USD [ETH-USDC] | 0.6325 | L −0.2495% / S +0.0182% | get 0.0312% / 1h | 36m 54s | $19 | — | 100x |
| Short | Hyperliquid MNT | 0.6329 | 0.0100 | get 0.0013% / 1h | 36m 54s | $6.4M | $952K | 5x |
GMX MNT/USD [ETH-USDC]
Hyperliquid MNTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $5.88
- Funding while held
- $77.84
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $62.72
- Spread needed to break even
- 0.210%
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 7 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.2595%
- Per $10,000 a day
- +$77.84
- Average in range /8h
- —
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 GMX no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 7 min ago | 1.90 bp | 12.9 bp −$13 | doesn't fit | doesn't fit | doesn'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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6052cheapestGate0.6309+4.247%ApeX Omni0.6310+4.263%Variational Omni0.6310+4.269%BingX0.6313+4.313%MEXC0.6314+4.329%BloFin0.6318+4.395%Bybit0.6319+4.412%Backpack0.6319+4.412%gTrade (Gains Network)0.6325+4.511%
Injective
Gate
ApeX Omni
Variational Omni
BingX
MEXC
BloFin
Bybit
Backpack
gTrade (Gains Network)GMX0.6325+4.517%
Orderly0.6328+4.560%
OrderlyHyperliquid0.6329+4.579%
Lighter0.6337+4.701%Kraken Futures0.6337+4.709%
Lighter
Kraken FuturesMNT on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective MNT/USDC PERP | −4.322% | +0.0033% | 1h | $3K | $28K | 12x | as long as short |
| Gate MNT_USDT | −0.259% | +0.0006% | 4h | $405K | $111K | 25x | as long as short |
| ApeX Omni MNTUSDT | −0.243% | −0.0620% | 1h | $11K | $637K | 50x | as long as short |
| Variational Omni MNT | −0.238% | +0.0049% | 8h | $282K | $120K | — | as long as short |
| BingX MNT-USDT | −0.196% | −0.0225% | 8h | — | $2.5M | — | as long as short |
| MEXC MNT_USDT | −0.180% | −0.0331% | 8h | $2.4M | $531K | 100x | as long as short |
| BloFin MNT-USDT | −0.117% | −0.0215% | 8h | $91K | $181K | 25x | as long as short |
| Bybit MNTUSDT | −0.101% | −0.0335% | 8h | $41.4M | $12.1M | 25x | as long as short |
| Backpack MNT_USDC_PERP | −0.101% | −0.0410% | 1h | $54K | $35K | 10x | as long as short |
| gTrade (Gains Network) MNT/USD | −0.006% | L +0.0010% / S 0.0000% | 1h | $760 | — | 150x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX MNT/USD [ETH-USDC]long | 0.000% | L −0.2495% / S +0.0182% | 1h | $19 | — | 100x | |
| Orderly PERP_MNT_USDC | +0.041% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Hyperliquid MNTshort | +0.059% | +0.0100% | 1h | $6.4M | $952K | 5x | |
| Lighter MNT | +0.176% | +0.0096% | 1h | $130K | $65K | 5x | as long as short |
| Kraken Futures PF_MNTUSD | +0.183% | +0.1433% | 1h | $16K | $9K | 20x | as long as short |