MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.2718%/8h= +297.6% APRnext payment +$3.40 per $10,000 · paid last 24h +0.902%

Price spread now: Lighter against GMX+0.213%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Lighter

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 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 +$82 a day on $10k at the current rate, and Lighter is 0.213% dearer against GMX than usual: you sell high and buy low: +$21 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	GMX MNT/USD [ETH-USDC]	0.6436	L −0.2622% / S +0.0192%	get 0.0328% / 1h	8m 22s	$19	—	100x
Short	Lighter MNT	0.6450	0.0096	get 0.0012% / 1h	8m 22s	$146K	$90K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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

Position, each leg$Hold fordaysFee GMXbpFee LighterbpOrdersPrice spread, now +0.213%Rate

Funding earned: $570.81
Price spread: +0.213% → 0.000%: $21.3
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: $580.11
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Lighter: live order book, 11 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 GMX no order-book sample	—	—	—	—	—
Sell Lighter live order book, 11 min ago	9.63 bp	16.0 bp −$16	102.6 bp −$1,026	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 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]long	L −0.2622% / S +0.0192%	1h	0.6436	long leg	$19	—	100x
Kraken Futures PF_MNTUSD	−0.0088%	1h	0.6446	+0.155%	$16K	$40K	20x	as long as short
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6437	+0.015%	$773	—	150x	as long as short
Injective MNT/USDC PERP	+0.0033%	1h	0.6526	+1.402%	$3K	$210K	12x	as long as short
Lighter MNTshort	+0.0096%	1h	0.6450	+0.213%	$146K	$90K	5x
Hyperliquid MNT	+0.0100%	1h	0.6442	+0.093%	$6.4M	$922K	5x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6435	−0.012%	$42.4M	$15.2M	25x	as long as short
Gate MNT_USDT	+0.0100%	4h	0.6428	−0.121%	$452K	$180K	25x	as long as short
MEXC MNT_USDC	+0.0100%	8h	0.6434	−0.028%	$2.4M	$110K	125x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6433	−0.043%	—	$2.6M	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack MNT_USDC_PERP	+0.0100%	1h	0.6437	+0.019%	$40K	$61K	10x	as long as short
Variational Omni MNT	+0.0100%	8h	0.6430	−0.095%	$288K	$112K	—	as long as short
ApeX Omni MNTUSDT	+0.0100%	1h	0.6430	−0.090%	$11K	$635K	50x	as long as short
Orderly PERP_MNT_USDC	+0.0100%	8h	0.6435	−0.012%	$1K	$74	10x	as long as short
BloFin MNT-USDT	+0.0303%	8h	0.6438	+0.034%	$91K	$223K	25x	as long as short