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

MNT

all MNT markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$650.654% of the position
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid MNT0.64310.0100pay 0.0013% / 1h49m 56s$6.4M$921K5x
ShortApeX Omni MNTUSDT0.64230.0054get 0.0007% / 1h49m 56s$11K$638K50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 2 min ago2.02 bp17.6 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 48 min ago8.55 bp18.4 bp −$18116.6 bp −$1,166doesn't fitdoesn't fit

MNT on 15 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]L −0.2622% / S +0.0192%1h0.6424−0.101%$19100xas long as short
gTrade (Gains Network) MNT/USDL +0.0010% / S 0.0000%1h0.6430−0.017%$772150xas long as short
Injective MNT/USDC PERP+0.0033%1h0.6526+1.482%$3K$210K12xas long as short
ApeX Omni MNTUSDTshort+0.0054%1h0.6423−0.120%$11K$638K50x
Lighter MNT+0.0096%1h0.6439+0.129%$146K$88K5xas long as short
Hyperliquid MNTlong+0.0100%1h0.6431long leg$6.4M$921K5x
Bybit MNTUSDT+0.0100%8h0.6423−0.121%$42.3M$15.2M25xas long as short
Gate MNT_USDT+0.0100%4h0.6419−0.182%$451K$176K25xas long as short
MEXC MNT_USDC+0.0100%8h0.6422−0.135%$2.4M$104K125xas long as short
BingX MNT-USDT+0.0100%8h0.6424−0.104%$2.6Mas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack MNT_USDC_PERP+0.0100%1h0.6424−0.104%$40K$61K10xas long as short
Variational Omni MNT+0.0100%8h0.6426−0.066%$287K$112Kas long as short
Orderly PERP_MNT_USDC+0.0100%8h0.6431+0.005%$1K$7410xas long as short
BloFin MNT-USDT+0.0302%8h0.6427−0.058%$91K$188K25xas long as short
Kraken Futures PF_MNTUSD+0.1533%1h0.6427−0.053%$16K$40K20xas long as short