MON

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0548%/8h= +60.0% APRnext payment +$0.69 per $10,000 · paid last 24h +0.222%

Price spread now: Coinbase International against ApeX Omni+0.679%75s7-day average +0.474% · you sell dearer than you buy

Net, funding: paid 7d − costs−$231as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$3273.274% of the position

Long on ApeX Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.961%+$96 on $10k

Price spread, last 3 days (all we have)−0.057%−$6 · spread now +0.679%, 7d avg +0.474%

Together, before fees+0.904%+$90 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Coinbase International is 0.205% dearer against ApeX Omni than usual: you sell high and buy low: +$21 more if the spread goes back to its 7-day average of +0.474%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MONUSDT	0.02578	0.0100	pay 0.0013% / 1h	45m 43s	$69K	$482K	50x
Short	Coinbase International MON-PERP-INTX	0.02595	0.0648	get 0.0081% / 1h	45m 43s	$114K	$51K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against ApeX Omni. 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 ApeX OmnibpFee Coinbase InternationalbpOrdersPrice spread, now +0.679%Rate

Funding earned: $115.08
Price spread: +0.679% → +0.474%: $20.51
Slippage, 4 orders: −$307.36
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$191.78
Costs to cover: 3.274%
Break-even: 18.7 days

Slippage from ApeX Omni: live order book, 42 min ago; Coinbase International: live order book, 42 min ago.

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 ApeX Omni live order book, 42 min ago	11.64 bp	21.0 bp −$21	108.5 bp −$1,085	doesn't fit	doesn't fit
Sell Coinbase International live order book, 42 min ago	39.55 bp	143.9 bp −$144	doesn't fit	doesn't fit	doesn't fit

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	+0.349%	$6K	$107	5.5x	as long as short
01 Exchange MONUSD	−0.0112%	1h	0.02589	+0.415%	$6K	$1K	5x	as long as short
Deribit MON_USDC-PERPETUAL	−0.0059%	1h	0.02586	+0.330%	$63K	$110K	25x	as long as short
Phoenix MON	0.0000%	1h	0.02579	+0.058%	$13K	$384K	5x	as long as short
Bybit MONUSDT	+0.0013%	8h	0.02582	+0.136%	$21.6M	$11.8M	50x	as long as short
Orderly PERP_MON_USDC	+0.0092%	4h	0.02585	+0.272%	$17K	$64K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02583	+0.194%	$846K	$753K	10x	as long as short
Paradex MON-USD-PERP	+0.0099%	8h	0.02582	+0.142%	$8K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02592	+0.529%	$349K	$534K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02586	+0.299%	$34.8M	$7.5M	5x	as long as short

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	+0.353%	$108K	$233K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02587	+0.357%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02583	+0.194%	$143K	$107K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02582	+0.163%	$24.5M	$24.5M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02581	+0.116%	$4.4M	$6.0M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02575	−0.116%	$108K	$3K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02586	+0.310%	$1.0M	$928K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02585	+0.272%	$2.7M	$1.8M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02573	−0.213%	$773K	$405K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02578	−0.003%	$47K	$243K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02581	+0.117%	$580K	$1.5M	10x	as long as short
ApeX Omni MONUSDTlong	+0.0100%	1h	0.02578	long leg	$69K	$482K	50x
SoDEX MON-USD	+0.0100%	1h	0.02583	+0.194%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02585	+0.283%	$52K	$407K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02584	+0.244%	$39K	—	3x	as long as short
Kraken Futures PF_MONUSD	+0.0132%	1h	0.02586	+0.325%	$263K	$63K	10x	as long as short
BloFin MON-USDT	+0.0155%	4h	0.02587	+0.349%	$1.4M	$243K	75x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0261% / S −0.0598%	1h	0.02587	+0.349%	$9K	—	50x	as long as short
Backpack MON_USDC_PERP	+0.0281%	1h	0.02585	+0.268%	$137K	$137K	10x	as long as short
KuCoin MONUSDTM	+0.0360%	4h	0.02592	+0.543%	$3.2M	$789K	75x	as long as short
Aftermath Perps MONUSD	+0.0391%	1h	0.02584	+0.239%	$2K	$73K	10x	as long as short
Perpl MON	+0.0447%	43m	0.02589	+0.415%	$145K	$1.8M	10x	as long as short
Coinbase International MON-PERP-INTXshort	+0.0648%	1h	0.02595	+0.679%	$114K	$51K	50x