MON

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0246%/8h= −27.0% APRnext payment −$0.31 per $10,000 · paid last 24h −0.125%

Price spread now: Hyperliquid against Aftermath Perps+0.122%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on Hyperliquid

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 airdropHyperliquid: Season 2 · farm boardneeds both histories

The price spread pays, funding is against you. Hyperliquid is 0.122% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.122% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 39 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps MONUSD	0.02585	0.0346	pay 0.0043% / 1h	42m 12s	$2K	$73K	10x
Short	Hyperliquid MON	0.02589	0.0100	get 0.0013% / 1h	42m 12s	$34.9M	$7.5M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Aftermath Perps. 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 Aftermath PerpsbpFee HyperliquidbpOrdersPrice spread, now +0.122%Rate

Funding earned: −$51.72
Price spread: +0.122% → 0.000%: $12.15
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$57.57
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; Hyperliquid: live order book, 11 min ago. 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell Hyperliquid live order book, 11 min ago	0.58 bp	16.3 bp −$16	doesn't fit	doesn't fit	doesn't fit

Aftermath Perps: 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.

MON on 33 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
Injective MON/USDC PERP	−0.0739%	1h	0.02587	+0.060%	$6K	$107	5.5x	as long as short
Deribit MON_USDC-PERPETUAL	−0.0252%	1h	0.02588	+0.110%	$63K	$110K	25x	as long as short
01 Exchange MONUSD	−0.0168%	1h	0.02584	−0.068%	$6K	$1K	5x	as long as short
Phoenix MON	0.0000%	1h	0.02587	+0.048%	$13K	$384K	5x	as long as short
Bybit MONUSDT	+0.0014%	8h	0.02585	−0.010%	$21.6M	$11.8M	50x	as long as short
Orderly PERP_MON_USDC	+0.0093%	4h	0.02585	−0.018%	$17K	$64K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02589	+0.137%	$848K	$753K	10x	as long as short
Paradex MON-USD-PERP	+0.0099%	8h	0.02587	+0.058%	$8K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02587	+0.071%	$350K	$534K	10x	as long as short
Hyperliquid MONshort	+0.0100%	1h	0.02589	+0.122%	$34.9M	$7.5M	5x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster MONUSDT	+0.0100%	4h	0.02587	+0.054%	$108K	$233K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02588	+0.092%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02588	+0.098%	$143K	$107K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02587	+0.060%	$24.6M	$24.5M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02585	−0.018%	$4.4M	$6.0M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02575	−0.405%	$108K	$3K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02588	+0.098%	$1.0M	$929K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02588	+0.098%	$2.7M	$1.8M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02584	−0.075%	$776K	$405K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02583	−0.093%	$47K	$243K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02586	+0.021%	$581K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02583	−0.095%	$69K	$482K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02587	+0.060%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02589	+0.132%	$52K	$407K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02587	+0.060%	$39K	—	3x	as long as short
BloFin MON-USDT	+0.0116%	4h	0.02585	−0.018%	$1.4M	$242K	75x	as long as short
Kraken Futures PF_MONUSD	+0.0131%	1h	0.02592	+0.237%	$263K	$63K	10x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0261% / S −0.0598%	1h	0.02588	+0.110%	$9K	—	50x	as long as short
Backpack MON_USDC_PERP	+0.0264%	1h	0.02588	+0.087%	$137K	$137K	10x	as long as short
KuCoin MONUSDTM	+0.0342%	4h	0.02593	+0.292%	$3.2M	$762K	75x	as long as short
Aftermath Perps MONUSDlong	+0.0346%	1h	0.02585	long leg	$2K	$73K	10x
Perpl MON	+0.0447%	43m	0.02588	+0.087%	$145K	$1.8M	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0648%	1h	0.02595	+0.388%	$114K	$51K	50x	as long as short