Funding you earn now, next payment 20:36 UTC+0.0347%/8h= +37.9% APRpaid last 24h −0.024%
Price spread now: Perpl against ApeX Omni−0.387%65s7-day average +0.027% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.226%+$23 on $10k
+Price spread, last 3 days (all we have)+0.422%+$42 · spread now −0.387%, 7d avg +0.027%
=Together, before fees+0.648%+ Points / potential airdropPerpl: Active · farm board+$65 on $10k · with fees, hour by hour
Funding pays, the price is against you. Perpl is 0.414% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.387% now, against its 7-day average of +0.027%). If the spread goes back, that is −$41 on $10k: about 4.0 days of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.226% in total) that is about 13 days. The two prices were read 65 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.226% in total (about 11.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni MONUSDT | 0.02587 | 0.0100 | pay 0.0013% / 1h | 51m 44s | $69K | $482K | 50x |
| Short | Perpl MON | 0.02577 | 0.0447 | get 0.0040% / 43m | 38m 44s | $145K | $1.8M | 10x |
ApeX Omni MONUSDT
Perpl MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $72.77
- Price spread: −0.387% → +0.027%
- −$41.4
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- $7.57
- Costs to cover
- 0.238%
- Break-even
- 6.3 days
Slippage unknown: ApeX Omni: live order book, 36 min ago; Perpl: no order-book sample. 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 ApeX Omni live order book, 36 min ago | 11.64 bp | 21.0 bp −$21 | 108.5 bp −$1,085 | doesn't fit | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: 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 | 0.000% | $6K | $107 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0112% | 1h | 0.02574 | −0.495% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02574 | −0.518% | $13K | $384K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02578 | −0.363% | $62K | $104K | 25x | as long as short |
| Bybit MONUSDT | +0.0002% | 8h | 0.02573 | −0.553% | $21.5M | $11.8M | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0092% | 4h | 0.02577 | −0.387% | $17K | $64K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02576 | −0.425% | $844K | $753K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02575 | −0.473% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02579 | −0.300% | $348K | $535K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02578 | −0.363% | $34.7M | $7.4M | 5x | as long as short |
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Deribit MON_USDC-PERPETUAL
Bybit MONUSDT
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02577 | −0.369% | $107K | $233K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02577 | −0.385% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02577 | −0.387% | $142K | $108K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02575 | −0.464% | $24.5M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02573 | −0.541% | $4.4M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02610 | +0.889% | $110K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02577 | −0.387% | $999K | $926K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02576 | −0.425% | $2.7M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02579 | −0.290% | $775K | $403K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02586 | −0.049% | $48K | $242K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02587 | +0.018% | $582K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDTlong | +0.0100% | 1h | 0.02587 | long leg | $69K | $482K | 50x | |
| SoDEX MON-USD | +0.0100% | 1h | 0.02576 | −0.425% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02578 | −0.363% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02573 | −0.553% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0132% | 1h | 0.02580 | −0.275% | $262K | $63K | 10x | as long as short |
| BloFin MON-USDT | +0.0132% | 4h | 0.02575 | −0.464% | $1.4M | $241K | 75x | as long as short |
| Backpack MON_USDC_PERP | +0.0177% | 1h | 0.02576 | −0.425% | $136K | $138K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0313% / S −0.1052% | 1h | 0.02577 | −0.367% | $13K | — | 50x | as long as short |
| KuCoin MONUSDTM | +0.0362% | 4h | 0.02579 | −0.309% | $3.1M | $790K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0411% | 1h | 0.02587 | +0.016% | $2K | $73K | 10x | as long as short |
| Perpl MONshort | +0.0447% | 43m | 0.02577 | −0.387% | $145K | $1.8M | 10x | |
| Coinbase International MON-PERP-INTX | +0.0648% | 1h | 0.02625 | +1.480% | $115K | $51K | 50x | as long as short |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Kraken Futures PF_MONUSD
BloFin MON-USDT
Backpack MON_USDC_PERP
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX