MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0364%/8h= −39.9% APRnext payment −$0.46 per $10,000 · paid last 24h −0.098%

Price spread now: ApeX Omni against Lighter−0.602%7-day average −0.138% · you buy dearer than you sell

Net, funding: paid 7d − costs−$110as in the Funding arb table

Net, price: spread back to 7d avg − costs−$126as in the Price arb table

costs, in and out, $10k−$790.793% of the position

Long on Lighter Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days−0.303%−$30 on $10k

Price spread, last 4 days (all we have)+0.467%+$47 · spread now −0.602%, 7d avg −0.138%

Together, before fees+0.164%+ Points / potential airdropLighter: Season 3 · farm board+$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and ApeX Omni is 0.463% cheaper against Lighter than usual: you would sell low and buy high (−$46 if the spread goes back to its 7-day average of −0.138%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter MNT	0.6515	0.0464	pay 0.0058% / 1h	19m 33s	$148K	$84K	5x
Short	ApeX Omni MNTUSDT	0.6476	0.0100	get 0.0013% / 1h	19m 33s	$11K	$640K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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 LighterbpFee ApeX OmnibpOrdersPrice spread, now −0.602%Rate

Funding earned: −$76.44
Price spread: −0.602% → −0.138%: −$46.32
Slippage, 4 orders: −$69.31
Fee Lighter: 0 bp × 2 orders: $0
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$202.07
Costs to cover: 0.793%
Break-even: never at this rate

Slippage from Lighter: live order book, 15 min ago; ApeX Omni: live order book, 33 min ago.

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 Lighter live order book, 15 min ago	9.25 bp	34.2 bp −$34	100.5 bp −$1,005	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 33 min ago	5.39 bp	14.6 bp −$15	109.4 bp −$1,094	doesn't fit	doesn't fit

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	0.6499	−0.248%	$19	—	100x	as long as short
Kraken Futures PF_MNTUSD	−0.0731%	1h	0.6540	+0.385%	$17K	$39K	20x	as long as short
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6499	−0.252%	$780	—	150x	as long as short
Injective MNT/USDC PERP	+0.0033%	1h	0.6526	+0.166%	$3K	$210K	12x	as long as short
Hyperliquid MNT	+0.0100%	1h	0.6505	−0.152%	$6.7M	$760K	5x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6495	−0.316%	$42.8M	$14.7M	25x	as long as short
Gate MNT_USDT	+0.0100%	4h	0.6485	−0.464%	$439K	$176K	25x	as long as short
MEXC MNT_USDC	+0.0100%	8h	0.6488	−0.417%	$2.4M	$106K	125x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6494	−0.325%	—	$2.5M	—	as long as short
Variational Omni MNT	+0.0100%	8h	0.6480	−0.535%	$287K	$110K	—	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni MNTUSDTshort	+0.0100%	1h	0.6476	−0.602%	$11K	$640K	50x
Orderly PERP_MNT_USDC	+0.0100%	8h	0.6500	−0.233%	$1K	$74	10x	as long as short
BloFin MNT-USDT	+0.0220%	8h	0.6479	−0.556%	$90K	$215K	25x	as long as short
Lighter MNTlong	+0.0464%	1h	0.6515	long leg	$148K	$84K	5x
Backpack MNT_USDC_PERP	+0.0579%	1h	0.6497	−0.279%	$36K	$58K	10x	as long as short