MNT

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+5.236%

7d average—if it closes, per $10,000$524funding while held, a day+$41.78

Long on Injective Short on Kraken Futures

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective MNT/USDC PERP	0.6052	0.0033	pay 0.0004% / 1h	58m 43s	$3K	$28K	12x
Short	Kraken Futures PF_MNTUSD	0.6369	0.1426	get 0.0178% / 1h	58m 43s	$16K	$9K	20x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee InjectivebpFee Kraken FuturesbpOrdersClose when spread is

Spread captured: $523.57
Funding while held: $41.78
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $555.33
Spread needed to break even: 0.100%

Slippage unknown: Injective: no order-book sample; Kraken Futures: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: +0.1393%
Per $10,000 a day: +$41.78
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 Injective no order-book sample	—	—	—	—	—
Sell Kraken Futures no order-book sample	—	—	—	—	—

Injective and Kraken Futures: 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

Gate0.6360+5.089%

BloFin0.6362+5.122%

BingX0.6364+5.155%

Bybit0.6365+5.165%

Backpack0.6366+5.188%

MEXC0.6367+5.205%

Kraken Futures0.6369+5.236%

GMX0.6369+5.246%

gTrade (Gains Network)0.6371+5.279%

ApeX Omni0.6375+5.337%

Variational Omni0.6376+5.359%

Lighter0.6381+5.441%

Hyperliquid0.6381+5.443%

Orderly0.6382+5.453%

MNT on 15 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Injective MNT/USDC PERPlong	0.000%	+0.0033%	1h	$3K	$28K	12x
Gate MNT_USDT	+5.089%	+0.0100%	4h	$409K	$110K	25x	as long as short
BloFin MNT-USDT	+5.122%	−0.0096%	8h	$91K	$181K	25x	as long as short
BingX MNT-USDT	+5.155%	−0.0173%	8h	—	$2.5M	—	as long as short
Bybit MNTUSDT	+5.165%	−0.0220%	8h	$41.8M	$12.2M	25x	as long as short
Backpack MNT_USDC_PERP	+5.188%	+0.0100%	1h	$53K	$36K	10x	as long as short
MEXC MNT_USDT	+5.205%	−0.0216%	8h	$2.5M	$511K	100x	as long as short
Kraken Futures PF_MNTUSDshort	+5.236%	+0.1426%	1h	$16K	$9K	20x
GMX MNT/USD [ETH-USDC]	+5.246%	L −0.2495% / S +0.0182%	1h	$19	—	100x	as long as short
gTrade (Gains Network) MNT/USD	+5.279%	L +0.0010% / S 0.0000%	1h	$765	—	150x	as long as short

Show all 15 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
ApeX Omni MNTUSDT	+5.337%	+0.0069%	1h	$11K	$636K	50x	as long as short
Variational Omni MNT	+5.359%	+0.0091%	8h	$285K	$121K	—	as long as short
Lighter MNT	+5.441%	+0.0104%	1h	$131K	$65K	5x	as long as short
Hyperliquid MNT	+5.443%	+0.0100%	1h	$6.4M	$970K	5x	as long as short
Orderly PERP_MNT_USDC	+5.453%	+0.0100%	8h	$1K	—	10x	as long as short