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

MNT

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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.2655%/8h= +290.8% APRnext payment +$3.32 per $10,000 · paid last 24h +0.727%
Price spread now: Injective against GMX+1.746%57s7-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
Both sides work for this trade now. Funding pays +$80 a day on $10k at the current rate, and Injective is 1.746% dearer against GMX than usual: you sell high and buy low: +$175 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 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]0.6414L −0.2622% / S +0.0192%get 0.0328% / 1h58m 06s$19100x
ShortInjective MNT/USDC PERP0.65260.0033get 0.0004% / 1h58m 06s$3K$210K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$557.65
Price spread: +1.746% → 0.000%
$174.59
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$720.22
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: GMX: 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 GMX no order-book sample
Sell Injective no order-book sample
GMX 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 14 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%1h0.6414long leg$19100x
Kraken Futures PF_MNTUSD−0.0451%1h0.6411−0.051%$16K$28K20xas long as short
ApeX Omni MNTUSDT−0.0088%1h0.6398−0.250%$11K$641K50xas long as short
gTrade (Gains Network) MNT/USDL +0.0010% / S 0.0000%1h0.6415+0.008%$770150xas long as short
Injective MNT/USDC PERPshort+0.0033%1h0.6526+1.746%$3K$210K12x
Hyperliquid MNT+0.0100%1h0.6421+0.110%$6.6M$919K5xas long as short
Bybit MNTUSDT+0.0100%8h0.6407−0.109%$42.0M$14.6M25xas long as short
Gate MNT_USDT+0.0100%4h0.6401−0.203%$416K$166K25xas long as short
MEXC MNT_USDC+0.0100%8h0.6407−0.109%$2.4M$102K125xas long as short
BingX MNT-USDT+0.0100%8h0.6406−0.125%$2.5Mas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MNT+0.0100%8h0.6395−0.291%$284K$173Kas long as short
Orderly PERP_MNT_USDC+0.0100%8h0.6420+0.093%$1K10xas long as short
Lighter MNT+0.0104%1h0.6431+0.262%$140K$74K5xas long as short
Backpack MNT_USDC_PERP+0.0727%1h0.6412−0.031%$45K$55K10xas long as short