Funding you earn now, next payment 23:29 UTC+0.0347%/8h= +37.9% APRpaid last 24h −0.031%
Price spread now: Perpl against Aster+0.024%7-day average +0.017% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)+0.138%+$14 on $10k
+Price spread, last 3 days (all we have)+0.228%+$23 · spread now +0.024%, 7d avg +0.017%
=Together, before fees+0.366%+ Points / potential airdropAster: Stage 5 · Perpl: Active · farm board+$37 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.017%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.138% in total (about 9.5% 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 | Aster MONUSDT | 0.02560 | 0.0100 | pay 0.0050% / 4h | 16m 03s | $106K | $231K | 10x |
| Short | Perpl MON | 0.02561 | 0.0447 | get 0.0040% / 43m | 12m 03s | $125K | $1.8M | 10x |
Aster MONUSDT
Perpl MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl against Aster. 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: +0.024% → +0.017%
- $0.67
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- $51.64
- Costs to cover
- 0.218%
- Break-even
- 2.0 days
Slippage unknown: Aster: live order book, 60 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 Aster live order book, 60 min ago | 15.52 bp | 47.9 bp −$48 | doesn't fit | 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 | −0.0121% | 1h | 0.02576 | +0.610% | $6K | $107 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0096% | 1h | 0.02559 | −0.042% | $6K | $1K | 5x | as long as short |
| Bybit MONUSDT | −0.0032% | 8h | 0.02556 | −0.171% | $21.1M | $12.1M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02559 | −0.074% | $13K | $360K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02559 | −0.054% | $69K | $119K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0070% | 4h | 0.02557 | −0.132% | $17K | $64K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0093% | 1h | 0.02562 | +0.065% | $3K | $75K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0096% | 8h | 0.02559 | −0.059% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02560 | −0.015% | $850K | $794K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02564 | +0.156% | $391K | $545K | 10x | as long as short |
Injective MON/USDC PERP
01 Exchange MONUSD
Bybit MONUSDT
Phoenix MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Aftermath Perps MONUSD
Paradex MON-USD-PERP
Lighter MON
Nado MON-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02560 | +0.005% | $34.6M | $7.7M | 5x | as long as short |
| Aster MONUSDTlong | +0.0100% | 4h | 0.02560 | long leg | $106K | $231K | 10x | |
| dYdX MON-USD | +0.0100% | 1h | 0.02562 | +0.056% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02562 | +0.051% | $141K | $105K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02557 | −0.132% | $24.4M | $25.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02556 | −0.171% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02555 | −0.210% | $107K | $390 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02558 | −0.093% | $976K | $912K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02559 | −0.054% | $2.7M | $1.9M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02559 | −0.062% | $127K | $141K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02557 | −0.127% | $772K | $408K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02557 | −0.135% | $47K | $244K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02561 | +0.007% | $580K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02560 | −0.015% | $68K | $481K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02557 | −0.132% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02560 | −0.023% | $51K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02557 | −0.148% | $39K | — | 3x | as long as short |
| KuCoin MONUSDTM | +0.0252% | 4h | 0.02565 | +0.180% | $3.0M | $718K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02559 | −0.046% | $8K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02557 | −0.132% | $1.3M | $306K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0422% | 1h | 0.02560 | −0.013% | $269K | $78K | 10x | as long as short |
| Perpl MONshort | +0.0447% | 43m | 0.02561 | +0.024% | $125K | $1.8M | 10x | |
| Coinbase International MON-PERP-INTX | +0.0480% | 1h | 0.02609 | +1.895% | $115K | $50K | 50x | as long as short |
Hyperliquid MON
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
KuCoin MONUSDTM
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX