Funding you earn now, next payment 09:00 UTC−0.0046%/8h= −5.1% APRnext payment −$0.06 per $10,000 · paid last 24h −0.033%
Price spread now: ApeX Omni against Hyperliquid−0.120%85s7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$650.654% of the position
Funding, last 7 days−0.276%−$28 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.120%, 7d avg −0.107%
=Together, before fees−0.220%+ Points / potential airdropHyperliquid: Season 2 · farm board−$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.107%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MNT | 0.6431 | 0.0100 | pay 0.0013% / 1h | 49m 56s | $6.4M | $921K | 5x |
| Short | ApeX Omni MNTUSDT | 0.6423 | 0.0054 | get 0.0007% / 1h | 49m 56s | $11K | $638K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Hyperliquid. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$9.69
- Price spread: −0.120% → −0.107%
- −$1.24
- Slippage, 4 orders
- −$46.43
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$76.36
- Costs to cover
- 0.654%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 2 min ago; ApeX Omni: live order book, 48 min ago.
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 Hyperliquid live order book, 2 min ago | 2.02 bp | 17.6 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 48 min ago | 8.55 bp | 18.4 bp −$18 | 116.6 bp −$1,166 | doesn't fit | doesn't fit |
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] | L −0.2622% / S +0.0192% | 1h | 0.6424 | −0.101% | $19 | — | 100x | as long as short |
| gTrade (Gains Network) MNT/USD | L +0.0010% / S 0.0000% | 1h | 0.6430 | −0.017% | $772 | — | 150x | as long as short |
| Injective MNT/USDC PERP | +0.0033% | 1h | 0.6526 | +1.482% | $3K | $210K | 12x | as long as short |
| ApeX Omni MNTUSDTshort | +0.0054% | 1h | 0.6423 | −0.120% | $11K | $638K | 50x | |
| Lighter MNT | +0.0096% | 1h | 0.6439 | +0.129% | $146K | $88K | 5x | as long as short |
| Hyperliquid MNTlong | +0.0100% | 1h | 0.6431 | long leg | $6.4M | $921K | 5x | |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6423 | −0.121% | $42.3M | $15.2M | 25x | as long as short |
| Gate MNT_USDT | +0.0100% | 4h | 0.6419 | −0.182% | $451K | $176K | 25x | as long as short |
| MEXC MNT_USDC | +0.0100% | 8h | 0.6422 | −0.135% | $2.4M | $104K | 125x | as long as short |
| BingX MNT-USDT | +0.0100% | 8h | 0.6424 | −0.104% | — | $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 | 0.6424 | −0.104% | $40K | $61K | 10x | as long as short |
| Variational Omni MNT | +0.0100% | 8h | 0.6426 | −0.066% | $287K | $112K | — | as long as short |
| Orderly PERP_MNT_USDC | +0.0100% | 8h | 0.6431 | +0.005% | $1K | $74 | 10x | as long as short |
| BloFin MNT-USDT | +0.0302% | 8h | 0.6427 | −0.058% | $91K | $188K | 25x | as long as short |
| Kraken Futures PF_MNTUSD | +0.1533% | 1h | 0.6427 | −0.053% | $16K | $40K | 20x | as long as short |
Hyperliquid MNT
ApeX Omni MNTUSDT
GMX MNT/USD [ETH-USDC]
gTrade (Gains Network) MNT/USD
Injective MNT/USDC PERP
Lighter MNT
Bybit MNTUSDT
Gate MNT_USDT
MEXC MNT_USDC
BingX MNT-USDT
Backpack MNT_USDC_PERP
Variational Omni MNT
BloFin MNT-USDT
Kraken Futures PF_MNTUSD