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+0.0202%/8h= +22.1% APRpaid last 24h −0.020%
Price spread now: BloFin against Hyperliquid−0.151%7-day average −0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$640.643% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.296%−$30 on $10k
Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.151%, 7d avg −0.137%
Together, before fees−0.365%+ Points / potential airdropHyperliquid: Season 2 · farm board−$37 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.137%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.296%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid MNT0.64250.0100pay 0.0013% / 1h55m 09s$6.4M$924K5x
ShortBloFin MNT-USDT0.64150.0302get 0.0302% / 8h7h 55m$91K$187K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$42.36
Price spread: −0.151% → −0.137%
−$1.42
Slippage, 4 orders
−$43.31
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$23.37
Costs to cover
0.643%
Break-even
10.9 days
Slippage from Hyperliquid: live order book, 7 min ago; BloFin: live order book, 11 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, 7 min ago1.94 bp14.6 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 11 min ago1.56 bp16.9 bp −$1762.6 bp −$626doesn'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%1h0.6414−0.159%$19100xas long as short
gTrade (Gains Network) MNT/USDL +0.0010% / S 0.0000%1h0.6415−0.155%$770150xas long as short
Injective MNT/USDC PERP+0.0033%1h0.6526+1.577%$3K$210K12xas long as short
Lighter MNT+0.0096%1h0.6430+0.089%$146K$88K5xas long as short
Hyperliquid MNTlong+0.0100%1h0.6425long leg$6.4M$924K5x
Bybit MNTUSDT+0.0100%8h0.6424−0.011%$42.3M$15.2M25xas long as short
Gate MNT_USDT+0.0100%4h0.6415−0.151%$451K$176K25xas long as short
MEXC MNT_USDC+0.0100%8h0.6417−0.120%$2.4M$103K125xas long as short
BingX MNT-USDT+0.0100%8h0.6421−0.058%$2.6Mas long as short
Backpack MNT_USDC_PERP+0.0100%1h0.6416−0.135%$40K$61K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MNT+0.0100%8h0.6422−0.035%$287K$112Kas long as short
ApeX Omni MNTUSDT+0.0100%1h0.6432+0.114%$11K$637K50xas long as short
Orderly PERP_MNT_USDC+0.0100%8h0.6421−0.058%$1K$7410xas long as short
BloFin MNT-USDTshort+0.0302%8h0.6415−0.151%$91K$187K25x
Kraken Futures PF_MNTUSD+0.1536%1h0.6415−0.148%$16K$40K20xas long as short