MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0225%/8h= −24.6% APRnext payment −$0.28 per $10,000 · paid last 24h −0.064%

Price spread now: GMX against Injective−1.567%57s7-day average — · you buy dearer than you sell

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

Long on Injective Short on GMX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and GMX is 1.567% cheaper against Injective than usual: you would sell low and buy high (−$157 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective MNT/USDC PERP	0.6526	0.0033	pay 0.0004% / 1h	36m 01s	$3K	$210K	12x
Short	GMX MNT/USD [ETH-USDC]	0.6424	L −0.2622% / S +0.0192%	pay 0.0024% / 1h	36m 01s	$19	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Injective. 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 InjectivebpFee GMXbpOrdersPrice spread, now −1.567%Rate

Funding earned: −$47.26
Price spread: −1.567% → 0.000%: −$156.73
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee GMX: 6 bp × 2 orders: −$12
Net: −$216.01
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Injective and 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	0.6424	−1.567%	$19	—	100x
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6426	−1.536%	$772	—	150x	as long as short
Injective MNT/USDC PERPlong	+0.0033%	1h	0.6526	long leg	$3K	$210K	12x
Lighter MNT	+0.0096%	1h	0.6437	−1.364%	$144K	$90K	5x	as long as short
Hyperliquid MNT	+0.0100%	1h	0.6430	−1.473%	$6.4M	$915K	5x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6423	−1.584%	$42.3M	$15.2M	25x	as long as short
Gate MNT_USDT	+0.0100%	4h	0.6419	−1.640%	$451K	$176K	25x	as long as short
MEXC MNT_USDC	+0.0100%	8h	0.6421	−1.609%	$2.4M	$104K	125x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6422	−1.594%	—	$2.6M	—	as long as short
Backpack MNT_USDC_PERP	+0.0100%	1h	0.6420	−1.624%	$39K	$61K	10x	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	0.6427	−1.518%	$288K	$111K	—	as long as short
ApeX Omni MNTUSDT	+0.0100%	1h	0.6417	−1.670%	$11K	$639K	50x	as long as short
Orderly PERP_MNT_USDC	+0.0100%	8h	0.6438	−1.348%	$1K	$74	10x	as long as short
BloFin MNT-USDT	+0.0302%	8h	0.6417	−1.670%	$91K	$188K	25x	as long as short
Kraken Futures PF_MNTUSD	+0.1534%	1h	0.6422	−1.591%	$16K	$40K	20x	as long as short