MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0292%/8h= −31.9% APRnext payment −$0.36 per $10,000 · paid last 24h −0.108%

Price spread now: GMX against Hyperliquid−0.155%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Hyperliquid Short on GMX

What this pair did over the last

the charts below follow

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 −$9 a day on $10k at the current rate, and GMX is 0.155% 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	0.6486	0.0100	pay 0.0013% / 1h	35m 09s	$6.6M	$879K	5x
Short	GMX MNT/USD [ETH-USDC]	0.6476	L −0.2622% / S +0.0192%	pay 0.0024% / 1h	35m 09s	$19	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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

Position, each leg$Hold fordaysFee HyperliquidbpFee GMXbpOrdersPrice spread, now −0.155%Rate

Funding earned: −$61.26
Price spread: −0.155% → 0.000%: −$15.48
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: −$97.74
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 7 min ago; GMX: 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, 7 min ago	2.40 bp	17.3 bp −$17	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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 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]short	L −0.2622% / S +0.0192%	1h	0.6476	−0.155%	$19	—	100x
Kraken Futures PF_MNTUSD	−0.0447%	1h	0.6469	−0.264%	$16K	$28K	20x	as long as short
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6475	−0.161%	$777	—	150x	as long as short
ApeX Omni MNTUSDT	+0.0017%	1h	0.6456	−0.458%	$11K	$642K	50x	as long as short
Injective MNT/USDC PERP	+0.0033%	1h	0.6526	+0.621%	$3K	$210K	12x	as long as short
Hyperliquid MNTlong	+0.0100%	1h	0.6486	long leg	$6.6M	$879K	5x
Bybit MNTUSDT	+0.0100%	8h	0.6476	−0.150%	$42.4M	$14.8M	25x	as long as short
Gate MNT_USDT	+0.0100%	4h	0.6447	−0.597%	$425K	$170K	25x	as long as short
MEXC MNT_USDC	+0.0100%	8h	0.6466	−0.304%	$2.4M	$103K	125x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6473	−0.196%	—	$2.5M	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni MNT	+0.0100%	8h	0.6471	−0.223%	$287K	$173K	—	as long as short
Orderly PERP_MNT_USDC	+0.0100%	8h	0.6476	−0.150%	$1K	—	10x	as long as short
BloFin MNT-USDT	+0.0220%	8h	0.6474	−0.180%	$90K	$212K	25x	as long as short
Lighter MNT	+0.0240%	1h	0.6494	+0.128%	$143K	$75K	5x	as long as short
Backpack MNT_USDC_PERP	+0.0526%	1h	0.6473	−0.196%	$44K	$56K	10x	as long as short