Funding you earn now, next payment 02:00 UTC−0.0488%/8h= −53.4% APRpaid last 24h −0.007%
Price spread now: Injective against Binance−0.039%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Injective is 0.039% cheaper against Binance than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MONUSDT | 0.02542 | 0.0100 | pay 0.0050% / 4h | 2h 55m | $24.3M | $25.7M | 75x |
| Short | Injective MON/USDC PERP | 0.02541 | −0.0388 | pay 0.0048% / 1h | 55m 08s | $6K | $106 | 5.5x |
Binance MONUSDT
Injective MON/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Binance. 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
- −$102.47
- Price spread: −0.039% → 0.000%
- −$3.93
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$116.43
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 1 min ago; Injective: 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 Binance live order book, 1 min ago | 1.97 bp | 16.0 bp −$16 | 52.1 bp −$521 | 485.0 bp −$48.5K | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni MONUSDT | −0.0850% | 1h | 0.02545 | +0.118% | $68K | $489K | 50x | as long as short |
| Injective MON/USDC PERPshort | −0.0388% | 1h | 0.02541 | −0.039% | $6K | $106 | 5.5x | |
| 01 Exchange MONUSD | −0.0096% | 1h | 0.02538 | −0.142% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02549 | +0.283% | $13K | $349K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02541 | −0.047% | $69K | $119K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0060% | 4h | 0.02539 | −0.118% | $16K | $58K | 10x | as long as short |
| Bybit MONUSDT | +0.0062% | 8h | 0.02541 | −0.039% | $21.2M | $12.3M | 50x | as long as short |
| Paradex MON-USD-PERP | +0.0094% | 8h | 0.02543 | +0.041% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02542 | 0.000% | $847K | $740K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02546 | +0.153% | $403K | $537K | 10x | as long as short |
ApeX Omni MONUSDT
01 Exchange MONUSD
Phoenix MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Bybit MONUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02542 | +0.017% | $106K | $227K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02544 | +0.072% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02544 | +0.079% | $141K | $103K | 3x | as long as short |
| Binance MONUSDTlong | +0.0100% | 4h | 0.02542 | long leg | $24.3M | $25.7M | 75x | |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02541 | −0.039% | $4.3M | $5.8M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02545 | +0.135% | $106K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02542 | 0.000% | $955K | $884K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02543 | +0.039% | $2.9M | $739K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02544 | +0.079% | $2.7M | $2.0M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02544 | +0.098% | $120K | $160K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02538 | −0.153% | $764K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02548 | +0.227% | $44K | $247K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02548 | +0.236% | $572K | $1.5M | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02540 | −0.079% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02545 | +0.110% | $49K | $520K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02539 | −0.138% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02540 | −0.071% | $8K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0334% | 1h | 0.02559 | +0.673% | $4K | $74K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02541 | −0.039% | $1.4M | $308K | 75x | as long as short |
| Hyperliquid MON | +0.0403% | 1h | 0.02547 | +0.205% | $34.7M | $7.5M | 5x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02543 | +0.031% | $115K | $2.1M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02548 | +0.220% | $111K | $51K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0841% | 1h | 0.02543 | +0.031% | $277K | $88K | 10x | as long as short |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
BloFin MON-USDT
Hyperliquid MON
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD