MNT funding rates and arbitrage
Updated 2026-11-11 22:52 UTC
Best MNT arbitrage after every cost
No MNT pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
MNT funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Backpack | MNT_USDC_PERP | 0.0013% | 1 h | +10.9% | +53.1% | $18.5K | 2026-11-11 23:00 |
| Gate | MNT_USDT | 0.0050% | 4 h | +10.9% | +1.6% | $128.7K | 2026-11-12 00:00 |
| Variational | MNT-PERP | 0.0100% | 8 h | +10.9% | +12.7% | $140.7K | 2026-11-12 00:00 |
| Bitunix | MNTUSDT | 0.0095% | 8 h | +10.4% | +4.8% | — | 2026-11-12 00:00 |
| Lighter | MNT | 0.0000% | 1 h | 0.0% | +8.7% | $97.1K | 2026-11-11 23:00 |
| BingX | MNT-USDT | -0.0040% | 8 h | −4.4% | +5.4% | $954.9K | 2026-11-12 00:00 |
| MEXC | MNT_USDT | -0.0122% | 8 h | −13.4% | +5.1% | $1.6M | 2026-11-12 00:00 |
| Bybit | MNTUSDT | -0.0134% | 8 h | −14.6% | +5.2% | $29.7M | 2026-11-12 00:00 |
| LBank | MNTUSDT | -0.0134% | 8 h | −14.6% | +8.5% | — | 2026-11-12 00:00 |
| BloFin | MNT-USDT | -0.0150% | 8 h | −16.4% | +5.6% | $96.9K | 2026-11-12 00:00 |
| Hyperliquid | MNT | -0.0049% | 1 h | −43.3% | +14.0% | $3.2M | 2026-11-11 23:00 |
| Kraken | PF_MNTUSD | -0.0051% | 1 h | −44.4% | −30.3% | $18.9K | 2026-11-11 23:00 |
| ApeX | MNT-USDT | -0.0070% | 1 h | −61.0% | +9.6% | $17.2K | 2026-11-11 23:00 |
| TXFlow | MNT-USDC | -0.0151% | 1 h | −132.0% | — | $14.8K | 2026-11-11 23:00 |
Borrow MNT to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Gate | 3.59% | $30K |
| Bybit | 5.08% | — |
Cost to enter $10,000 of MNT
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| Bybit | MNTUSDT | 9.9 bp | live order book |
| Bybit | MNTUSDT (spot) | 11.2 bp | live order book |
| Lighter | MNT | 3.8 bp | top of book only |
| Variational | MNT-PERP | 4.7 bp | top of book only |
| MEXC | MNT_USDT | 5.2 bp | top of book only |
| BingX | MNT-USDT | 6.2 bp | top of book only |
| BloFin | MNT-USDT | 7.2 bp | top of book only |
| Hyperliquid | MNT | 11.6 bp | top of book only |
| Kraken | PF_MNTUSD | 13.2 bp | top of book only |
| Gate | MNT_USDT | 16.9 bp | top of book only |
| Gate | MNT_USDT (spot) | 22.4 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees.
More on MNT
Questions
Is MNT funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no MNT pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest MNT funding rate?
Backpack at +10.9% a year (0.0013% every 1 h); the lowest is TXFlow at −132.0%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.