Spread before costs (cost unknown: a leg has no order-book sample)−5.330%
7d average—if it closes, per $10,000$533funding while held, a day−$4.68
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MNT | 0.6393 | 0.0189 | pay 0.0024% / 1h | 32m 01s | $6.4M | $980K | 5x |
| Short | Injective MNT/USDC PERP | 0.6052 | 0.0033 | get 0.0004% / 1h | 32m 01s | $3K | $84K | 12x |
Hyperliquid MNT
Injective MNT/USDC PERPPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$532.95
- Funding while held
- −$4.68
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$546.65
- Spread needed to break even
- 0.090%
Slippage unknown: Hyperliquid: live order book, 1 min ago; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0156%
- Per $10,000 a day
- −$4.68
- Average in range /8h
- —
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, 1 min ago | 0.47 bp | 19.8 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective0.6052cheapest
BloFin0.6368+5.221%MEXC0.6375+5.337%Gate0.6376+5.354%Variational Omni0.6376+5.358%BingX0.6378+5.387%Bybit0.6379+5.403%ApeX Omni0.6379+5.403%Backpack0.6380+5.420%gTrade (Gains Network)0.6382+5.452%GMX0.6382+5.460%Orderly0.6386+5.519%Kraken Futures0.6389+5.565%Lighter0.6392+5.623%
BloFin
MEXC
Gate
Variational Omni
BingX
Bybit
ApeX Omni
Backpack
gTrade (Gains Network)
GMX
Orderly
Kraken Futures
LighterHyperliquid0.6393+5.630%
MNT on 15 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective MNT/USDC PERPshort | −5.330% | +0.0033% | 1h | $3K | $84K | 12x | |
| BloFin MNT-USDT | −0.386% | +0.0039% | 8h | $90K | $185K | 25x | as long as short |
| MEXC MNT_USDT | −0.277% | −0.0106% | 8h | $2.5M | $569K | 100x | as long as short |
| Gate MNT_USDT | −0.261% | +0.0100% | 4h | $405K | $107K | 25x | as long as short |
| Variational Omni MNT | −0.257% | +0.0100% | 8h | $285K | $121K | — | as long as short |
| BingX MNT-USDT | −0.230% | +0.0019% | 8h | — | $2.5M | — | as long as short |
| Bybit MNTUSDT | −0.214% | −0.0140% | 8h | $42.0M | $12.6M | 25x | as long as short |
| ApeX Omni MNTUSDT | −0.214% | +0.0100% | 1h | $11K | $638K | 50x | as long as short |
| Backpack MNT_USDC_PERP | −0.199% | +0.0100% | 1h | $53K | $35K | 10x | as long as short |
| gTrade (Gains Network) MNT/USD | −0.168% | L +0.0010% / S 0.0000% | 1h | $766 | — | 150x | as long as short |
Show all 15 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| GMX MNT/USD [ETH-USDC] | −0.160% | L −0.1877% / S +0.0137% | 1h | $19 | — | 100x | as long as short |
| Orderly PERP_MNT_USDC | −0.105% | +0.0100% | 8h | $1K | — | 10x | as long as short |
| Kraken Futures PF_MNTUSD | −0.061% | +0.0387% | 1h | $16K | $13K | 20x | as long as short |
| Lighter MNT | −0.006% | +0.0248% | 1h | $131K | $67K | 5x | as long as short |
| Hyperliquid MNTlong | 0.000% | +0.0189% | 1h | $6.4M | $980K | 5x |