Spread before costs (cost unknown: a leg has no order-book sample)−0.340%
7d average—if it closes, per $10,000$34funding while held, a day+$77.69
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX MNT/USD [ETH-USDC] | 0.6408 | L −0.2490% / S +0.0182% | get 0.0311% / 1h | 52m 20s | $19 | — | 100x |
| Short | Variational Omni MNT | 0.6387 | 0.0100 | get 0.0100% / 8h | 52m 20s | $290K | $117K | — |
GMX MNT/USD [ETH-USDC]
Variational Omni 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
- −$33.97
- Funding while held
- $77.69
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $31.72
- Spread needed to break even
- 0.120%
Slippage unknown: GMX: no order-book sample; Variational Omni: RFQ quote, 63 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.2590%
- Per $10,000 a day
- +$77.69
- 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 Variational Omni RFQ quote, 63 min ago | 4.74 bp | doesn't fit | 74.2 bp −$742 | 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.Injective0.6052cheapest
InjectiveVariational Omni0.6387+5.527%
BloFin0.6389+5.568%Backpack0.6390+5.585%Gate0.6399+5.734%ApeX Omni0.6404+5.816%Kraken Futures0.6405+5.832%BingX0.6405+5.833%Bybit0.6405+5.838%MEXC0.6407+5.866%
BloFin
Backpack
Gate
ApeX Omni
Kraken Futures
BingX
Bybit
MEXCGMX0.6408+5.887%
Orderly0.6409+5.899%gTrade (Gains Network)0.6409+5.904%Lighter0.6410+5.914%Hyperliquid0.6417+6.033%
Orderly
gTrade (Gains Network)
Lighter
HyperliquidMNT on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective MNT/USDC PERP | −5.560% | +0.0033% | 1h | $3K | $84K | 12x | as long as short |
| Variational Omni MNTshort | −0.340% | +0.0100% | 8h | $290K | $117K | — | |
| BloFin MNT-USDT | −0.301% | +0.0220% | 8h | $91K | $189K | 25x | as long as short |
| Backpack MNT_USDC_PERP | −0.285% | +0.0100% | 1h | $53K | $36K | 10x | as long as short |
| Gate MNT_USDT | −0.145% | +0.0100% | 4h | $408K | $123K | 25x | as long as short |
| ApeX Omni MNTUSDT | −0.067% | +0.0100% | 1h | $11K | $642K | 50x | as long as short |
| Kraken Futures PF_MNTUSD | −0.052% | +0.1438% | 1h | $17K | $13K | 20x | as long as short |
| BingX MNT-USDT | −0.051% | +0.0100% | 8h | — | $2.5M | — | as long as short |
| Bybit MNTUSDT | −0.047% | +0.0100% | 8h | $42.1M | $12.9M | 25x | as long as short |
| MEXC MNT_USDT | −0.020% | +0.0100% | 8h | $2.5M | $538K | 100x | 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 −0.2490% / S +0.0182% | 1h | $19 | — | 100x | |
| Orderly PERP_MNT_USDC | +0.011% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| gTrade (Gains Network) MNT/USD | +0.016% | L +0.0010% / S 0.0000% | 1h | $770 | — | 150x | as long as short |
| Lighter MNT | +0.025% | +0.0520% | 1h | $132K | $60K | 5x | as long as short |
| Hyperliquid MNT | +0.138% | +0.0123% | 1h | $6.3M | $904K | 5x | as long as short |