# MNT funding rates and arbitrage

Updated 2026-10-29 22:07 UTC · https://afterfees.xyz/coin/MNT

## 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 |
|---|---|---|---|---|---|---|---|
| [Hyperliquid](https://afterfees.xyz/venues/hyperliquid) | MNT | 0.0013% | 1 h | +10.9% | +11.0% | $4.6M | 2026-10-29 23:00 |
| [Lighter](https://afterfees.xyz/venues/lighter) | MNT | 0.0012% | 1 h | +10.5% | +10.6% | $72K | 2026-10-29 23:00 |
| [Gate](https://afterfees.xyz/venues/gate) | MNT_USDT | -0.0043% | 4 h | −9.4% | +13.9% | $110.3K | 2026-10-30 00:00 |
| [Variational](https://afterfees.xyz/venues/variational) | MNT-PERP | -0.0197% | 8 h | −21.5% | — | $237.2K | 2026-10-30 00:00 |
| [BingX](https://afterfees.xyz/venues/bingx) | MNT-USDT | -0.0307% | 8 h | −33.6% | +2.6% | $954.9K | 2026-10-30 00:00 |
| [Backpack](https://afterfees.xyz/venues/backpack) | MNT_USDC_PERP | -0.0043% | 1 h | −37.6% | +57.5% | $22.2K | 2026-10-29 23:00 |
| [Bitunix](https://afterfees.xyz/venues/bitunix) | MNTUSDT | -0.0389% | 8 h | −42.6% | +2.1% | — | 2026-10-30 00:00 |
| [Bybit](https://afterfees.xyz/venues/bybit) | MNTUSDT | -0.0393% | 8 h | −43.0% | +2.0% | $32.8M | 2026-10-30 00:00 |
| [MEXC](https://afterfees.xyz/venues/mexc) | MNT_USDT | -0.0396% | 8 h | −43.4% | +2.0% | $1.4M | 2026-10-30 00:00 |
| [LBank](https://afterfees.xyz/venues/lbank) | MNTUSDT | -0.0397% | 8 h | −43.4% | — | — | 2026-10-30 00:00 |
| [BloFin](https://afterfees.xyz/venues/blofin) | MNT-USDT | -0.0417% | 8 h | −45.6% | +1.9% | $87.3K | 2026-10-30 00:00 |
| [Kraken](https://afterfees.xyz/venues/kraken) | PF_MNTUSD | -0.0062% | 1 h | −54.6% | +38.5% | $11.8K | 2026-10-29 23:00 |
| [ApeX](https://afterfees.xyz/venues/apex) | MNT-USDT | -0.0072% | 1 h | −62.8% | +7.4% | $19.4K | 2026-10-29 23:00 |
| [TXFlow](https://afterfees.xyz/venues/txflow) | MNT-USDC | -0.0095% | 1 h | −83.5% | — | $16.6K | 2026-10-29 23:00 |

## Borrow MNT to sell spot

| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Gate | 3.60% | $120K |
| Bybit | 5.10% | — |

## Cost to enter $10,000 of MNT

| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | MNT_USDT | 5.9 bp | live order book |
| Bybit | MNTUSDT (spot) | 12.7 bp | live order book |
| Bybit | MNTUSDT | 12.8 bp | live order book |
| Hyperliquid | MNT | 16.2 bp | live order book |
| Lighter | MNT | 3.7 bp | top of book only |
| Variational | MNT-PERP | 5.2 bp | top of book only |
| BingX | MNT-USDT | 6.0 bp | top of book only |
| BloFin | MNT-USDT | 10.2 bp | top of book only |
| Gate | MNT_USDT | 12.7 bp | top of book only |
| Kraken | PF_MNTUSD | 21.7 bp | top of book only |
| Gate | MNT_USDT (spot) | 25.2 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

- [Borrow MNT: rates on every exchange](https://afterfees.xyz/borrow/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?**

Hyperliquid at +10.9% a year (0.0013% every 1 h); the lowest is TXFlow at −83.5%. 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._