MNT

Alert

Spread before costs (cost unknown: a leg has no order-book sample)+0.109%

7d average—if it closes, per $10,000$11funding while held, a day−$8.46

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni MNT	0.6401	0.0100	pay 0.0100% / 8h	20m 38s	$286K	$122K	—
Short	GMX MNT/USD [ETH-USDC]	0.6408	L −0.2490% / S +0.0182%	pay 0.0023% / 1h	20m 38s	$19	—	100x

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 Variational OmnibpFee GMXbpOrdersClose when spread is

Spread captured: $10.91
Funding while held: −$8.46
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: −$9.55
Spread needed to break even: 0.120%

Slippage unknown: Variational Omni: RFQ quote, 30 min ago; GMX: no order-book sample. Net counts fees only.

Cost of waiting

funding view

Funding /8h: −0.0282%
Per $10,000 a day: −$8.46
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 Variational Omni RFQ quote, 30 min ago	4.68 bp	doesn't fit	71.7 bp −$717	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 price on every exchange

against the cheapest. Click to use as the short leg.

Injective0.6052cheapest

Gate0.6396+5.684%ApeX Omni0.6396+5.684%BloFin0.6399+5.734%

Variational Omni0.6401+5.766%

MEXC0.6402+5.783%BingX0.6404+5.816%Bybit0.6406+5.846%Backpack0.6407+5.866%

GMX0.6408+5.881%

Orderly0.6408+5.882%gTrade (Gains Network)0.6408+5.885%Kraken Futures0.6409+5.901%Hyperliquid0.6419+6.066%Lighter0.6421+6.099%

MNT on 15 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Injective MNT/USDC PERP	−5.452%	+0.0033%	1h	$3K	$84K	12x	as long as short
Gate MNT_USDT	−0.077%	+0.0100%	4h	$407K	$126K	25x	as long as short
ApeX Omni MNTUSDT	−0.077%	+0.0100%	1h	$11K	$641K	50x	as long as short
BloFin MNT-USDT	−0.031%	+0.0220%	8h	$92K	$190K	25x	as long as short
Variational Omni MNTlong	0.000%	+0.0100%	8h	$286K	$122K	—
MEXC MNT_USDT	+0.016%	+0.0100%	8h	$2.5M	$570K	100x	as long as short
BingX MNT-USDT	+0.048%	+0.0100%	8h	—	$2.5M	—	as long as short
Bybit MNTUSDT	+0.076%	+0.0100%	8h	$42.1M	$13.1M	25x	as long as short
Backpack MNT_USDC_PERP	+0.094%	+0.0100%	1h	$52K	$36K	10x	as long as short
GMX MNT/USD [ETH-USDC]short	+0.109%	L −0.2490% / S +0.0182%	1h	$19	—	100x

Show all 15 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Orderly PERP_MNT_USDC	+0.110%	+0.0100%	8h	$1K	—	10x	as long as short
gTrade (Gains Network) MNT/USD	+0.113%	L +0.0010% / S 0.0000%	1h	$769	—	150x	as long as short
Kraken Futures PF_MNTUSD	+0.128%	+0.1437%	1h	$16K	$13K	20x	as long as short
Hyperliquid MNT	+0.283%	+0.0318%	1h	$6.4M	$969K	5x	as long as short
Lighter MNT	+0.315%	+0.0520%	1h	$132K	$67K	5x	as long as short