MON

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.026%

Price spread now: Deribit against ApeX Omni+0.280%7-day average +0.031% · you sell dearer than you buy

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$650.650% of the position

Long on ApeX Omni Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.068%+$7 on $10k

Price spread, last 3 days (all we have)+0.237%+$24 · spread now +0.280%, 7d avg +0.031%

Together, before fees+0.305%+$30 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Deribit is 0.249% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.280% now, against its 7-day average of +0.031%): +$25 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.3 days. Mind the row above: over the last 7 days funding on this pair paid +0.068%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MONUSDT	0.02568	0.0100	pay 0.0013% / 1h	57m 02s	$68K	$482K	50x
Short	Deribit MON_USDC-PERPETUAL	0.02575	0	get 0.0000% / 1h	57m 02s	$70K	$119K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now +0.280%Rate

Funding earned: −$21
Price spread: +0.280% → +0.031%: $24.92
Slippage, 4 orders: −$47.97
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$61.05
Costs to cover: 0.650%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 21 min ago; Deribit: live order book, 62 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, 21 min ago	13.59 bp	22.5 bp −$22	124.9 bp −$1,249	doesn't fit	doesn't fit
Sell Deribit live order book, 62 min ago	6.39 bp	9.9 bp −$10	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	−0.0121%	1h	0.02575	+0.273%	$6K	$103	5.5x	as long as short
Backpack MON_USDC_PERP	−0.0099%	1h	0.02578	+0.389%	$128K	$141K	10x	as long as short
Bybit MONUSDT	−0.0073%	8h	0.02575	+0.273%	$21.3M	$11.9M	50x	as long as short
01 Exchange MONUSD	−0.0072%	1h	0.02571	+0.117%	$6K	$1K	5x	as long as short
Phoenix MON	0.0000%	1h	0.02576	+0.292%	$13K	$360K	5x	as long as short
Perpl MON	0.0000%	43m	0.02573	+0.210%	$128K	$1.8M	10x	as long as short
Deribit MON_USDC-PERPETUALshort	0.0000%	1h	0.02575	+0.280%	$70K	$119K	25x
Aftermath Perps MONUSD	+0.0020%	1h	0.02566	−0.073%	$2K	$74K	10x	as long as short
Orderly PERP_MON_USDC	+0.0066%	4h	0.02573	+0.195%	$17K	$64K	10x	as long as short
Paradex MON-USD-PERP	+0.0090%	8h	0.02570	+0.086%	$8K	$42	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MON	+0.0096%	1h	0.02579	+0.428%	$861K	$772K	10x	as long as short
Variational Omni MON	+0.0099%	8h	0.02554	−0.539%	$772K	$408K	—	as long as short
Nado MON-PERP	+0.0100%	1h	0.02576	+0.295%	$391K	$545K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02579	+0.444%	$34.9M	$7.5M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02579	+0.412%	$108K	$231K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02573	+0.199%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02571	+0.132%	$142K	$105K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02577	+0.352%	$24.6M	$25.0M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02575	+0.273%	$4.4M	$5.9M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02555	−0.506%	$107K	$3K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02579	+0.428%	$995K	$866K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02580	+0.467%	$2.7M	$1.8M	25x	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02567	−0.043%	$47K	$242K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02558	−0.376%	$574K	$1.5M	10x	as long as short
ApeX Omni MONUSDTlong	+0.0100%	1h	0.02568	long leg	$68K	$482K	50x
SoDEX MON-USD	+0.0100%	1h	0.02574	+0.234%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02575	+0.287%	$51K	$407K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02575	+0.276%	$39K	—	3x	as long as short
KuCoin MONUSDTM	+0.0240%	4h	0.02583	+0.584%	$3.0M	$711K	75x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0260% / S −0.0598%	1h	0.02575	+0.284%	$9K	—	50x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02577	+0.350%	$1.3M	$308K	75x	as long as short
Kraken Futures PF_MONUSD	+0.0419%	1h	0.02577	+0.364%	$271K	$78K	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0480%	1h	0.02579	+0.436%	$114K	$50K	50x	as long as short