MNT

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0288%/8h= −31.5% APRnext payment −$0.36 per $10,000 · paid last 24h −0.178%

Price spread now: GMX against Lighter−0.197%7-day average — · you buy dearer than you sell

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

Long on Lighter 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 airdropLighter: Season 3 · 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 0.197% cheaper against Lighter than usual: you would sell low and buy high (−$20 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	Lighter MNT	0.6416	0.0096	pay 0.0012% / 1h	2m 08s	$146K	$90K	5x
Short	GMX MNT/USD [ETH-USDC]	0.6403	L −0.2622% / S +0.0192%	pay 0.0024% / 1h	2m 08s	$19	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.197%Rate

Funding earned: −$60.42
Price spread: −0.197% → 0.000%: −$19.67
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: −$92.09
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 22 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 Lighter live order book, 22 min ago	10.35 bp	30.9 bp −$31	88.8 bp −$888	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	0.6403	−0.197%	$19	—	100x
gTrade (Gains Network) MNT/USD	L +0.0010% / S 0.0000%	1h	0.6403	−0.204%	$769	—	150x	as long as short
Injective MNT/USDC PERP	+0.0033%	1h	0.6526	+1.719%	$3K	$210K	12x	as long as short
Lighter MNTlong	+0.0096%	1h	0.6416	long leg	$146K	$90K	5x
Hyperliquid MNT	+0.0100%	1h	0.6408	−0.123%	$6.4M	$919K	5x	as long as short
Bybit MNTUSDT	+0.0100%	8h	0.6402	−0.214%	$42.0M	$15.2M	25x	as long as short
Gate MNT_USDT	+0.0100%	4h	0.6399	−0.260%	$444K	$184K	25x	as long as short
MEXC MNT_USDC	+0.0100%	8h	0.6397	−0.291%	$2.4M	$108K	125x	as long as short
BingX MNT-USDT	+0.0100%	8h	0.6400	−0.245%	—	$2.6M	—	as long as short
Backpack MNT_USDC_PERP	+0.0100%	1h	0.6400	−0.245%	$40K	$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	0.6410	−0.091%	$284K	$109K	—	as long as short
ApeX Omni MNTUSDT	+0.0100%	1h	0.6406	−0.151%	$11K	$637K	50x	as long as short
Orderly PERP_MNT_USDC	+0.0100%	8h	0.6415	−0.011%	$1K	$74	10x	as long as short
BloFin MNT-USDT	+0.0303%	8h	0.6404	−0.182%	$90K	$223K	25x	as long as short
Kraken Futures PF_MNTUSD	+0.0793%	1h	0.6408	−0.126%	$16K	$39K	20x	as long as short