Funding you earn now, next payment 01:00 UTC−0.0100%/8h= −11.0% APRnext payment −$0.13 per $10,000 · paid last 24h −0.055%
Price spread now: gTrade (Gains Network) against Hyperliquid−0.153%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.153% cheaper against Hyperliquid than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MNT | 0.6522 | 0.0100 | pay 0.0013% / 1h | 56m 16s | $6.7M | $1.0M | 5x |
| Short | gTrade (Gains Network) MNT/USD | 0.6512 | L +0.0010% / S 0.0000% | pay 0.0000% / 1h | 56m 16s | $782 | — | 150x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) 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
- −$21.1
- Price spread: −0.153% → 0.000%
- −$15.35
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Net
- −$55.44
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 6 min ago; gTrade (Gains Network): no order-book sample. 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 Hyperliquid live order book, 6 min ago | 1.07 bp | 20.4 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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] | L −0.2622% / S +0.0192% | 1h | 0.6512 | −0.165% | $19 | — | 100x | as long as short |
| gTrade (Gains Network) MNT/USDshort | L +0.0010% / S 0.0000% | 1h | 0.6512 | −0.153% | $782 | — | 150x | |
| Injective MNT/USDC PERP | +0.0033% | 1h | 0.6526 | +0.055% | $3K | $210K | 12x | as long as short |
| MEXC MNT_USDT | +0.0037% | 8h | 0.6509 | −0.205% | $2.5M | $581K | 100x | as long as short |
| Hyperliquid MNTlong | +0.0100% | 1h | 0.6522 | long leg | $6.7M | $1.0M | 5x | |
| Bybit MNTUSDT | +0.0100% | 8h | 0.6508 | −0.218% | $42.9M | $14.5M | 25x | as long as short |
| Gate MNT_USDT | +0.0100% | 4h | 0.6494 | −0.435% | $419K | $153K | 25x | as long as short |
| BingX MNT-USDT | +0.0100% | 8h | 0.6506 | −0.251% | — | $2.5M | — | as long as short |
| Variational Omni MNT | +0.0100% | 8h | 0.6510 | −0.196% | $294K | $168K | — | as long as short |
| ApeX Omni MNTUSDT | +0.0100% | 1h | 0.6511 | −0.175% | $11K | $634K | 50x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_MNT_USDC | +0.0100% | 8h | 0.6513 | −0.144% | $1K | — | 10x | as long as short |
| BloFin MNT-USDT | +0.0181% | 8h | 0.6510 | −0.190% | $89K | $219K | 25x | as long as short |
| Lighter MNT | +0.0232% | 1h | 0.6529 | +0.101% | $140K | $68K | 5x | as long as short |
| Backpack MNT_USDC_PERP | +0.0414% | 1h | 0.6511 | −0.175% | $38K | $47K | 10x | as long as short |
| Kraken Futures PF_MNTUSD | +0.0594% | 1h | 0.6510 | −0.196% | $17K | $20K | 20x | as long as short |
Hyperliquid MNT
gTrade (Gains Network) MNT/USD
GMX MNT/USD [ETH-USDC]
Injective MNT/USDC PERP
MEXC MNT_USDT
Bybit MNTUSDT
Gate MNT_USDT
BingX MNT-USDT
Variational Omni MNT
ApeX Omni MNTUSDT
BloFin MNT-USDT
Lighter MNT
Backpack MNT_USDC_PERP
Kraken Futures PF_MNTUSD