Settings8H · net · $10k
Funding arb · Price arb /

MNT

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.025%
Price spread now: Hyperliquid against Orderly+0.068%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.068% dearer against Orderly than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_MNT_USDC0.64380.0100pay 0.0100% / 8h7h 58m$1K$7410x
ShortHyperliquid MNT0.64420.0100get 0.0013% / 1h58m 40s$6.4M$924K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Orderly. 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

Funding earned
$0
Price spread: +0.068% → 0.000%
$6.83
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$8.17
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Hyperliquid: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell Hyperliquid live order book, 3 min ago1.94 bp15.1 bp −$15doesn't fitdoesn't fitdoesn't fit
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GMX MNT/USD [ETH-USDC]L −0.2622% / S +0.0192%1h0.6428−0.149%$19100xas long as short
gTrade (Gains Network) MNT/USDL +0.0010% / S 0.0000%1h0.6429−0.135%$772150xas long as short
Injective MNT/USDC PERP+0.0033%1h0.6526+1.367%$3K$210K12xas long as short
Lighter MNT+0.0096%1h0.6450+0.179%$146K$87K5xas long as short
Hyperliquid MNTshort+0.0100%1h0.6442+0.068%$6.4M$924K5x
Bybit MNTUSDT+0.0100%8h0.6434−0.062%$42.4M$15.2M25xas long as short
Gate MNT_USDT+0.0100%4h0.6422−0.249%$451K$176K25xas long as short
MEXC MNT_USDC+0.0100%8h0.6430−0.124%$2.4M$103K125xas long as short
BingX MNT-USDT+0.0100%8h0.6432−0.093%$2.6Mas long as short
Backpack MNT_USDC_PERP+0.0100%1h0.6431−0.109%$40K$61K10xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni MNT+0.0100%8h0.6427−0.169%$288K$112Kas long as short
ApeX Omni MNTUSDT+0.0100%1h0.6430−0.124%$11K$637K50xas long as short
Orderly PERP_MNT_USDClong+0.0100%8h0.6438long leg$1K$7410x
BloFin MNT-USDT+0.0302%8h0.6432−0.093%$91K$216K25xas long as short
Kraken Futures PF_MNTUSD+0.1530%1h0.6440+0.036%$16K$40K20xas long as short