Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.13 per $10,000 · paid last 24h +0.030%
Price spread now: Deribit against Bulk+0.038%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$720.716% of the position
Funding, last 3 days (all we have)+0.055%+$6 on $10k
+Price spread, last 3 days (all we have)+0.381%+$38 · spread now +0.038%, 7d avg +0.046%
=The price spread sits at its 7-day average of +0.046%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.055%, 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 | Bulk MON-USD | 0.02602 | 0.0100 | pay 0.0013% / 1h | 14m 51s | $109K | $3K | 10x |
| Short | Deribit MON_USDC-PERPETUAL | 0.02603 | 0 | get 0.0000% / 1h | 14m 51s | $63K | $110K | 25x |
Bulk MON-USD
Deribit MON_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Bulk. 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
- −$21
- Price spread: +0.038% → +0.046%
- −$0.82
- Slippage, 4 orders
- −$57.62
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$93.45
- Costs to cover
- 0.716%
- Break-even
- never at this rate
Slippage from Bulk: live order book, 9 min ago; Deribit: live order book, 49 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 Bulk live order book, 9 min ago | 19.27 bp | 22.8 bp −$23 | 43.0 bp −$430 | 108.7 bp −$10.9K | 744.7 bp −$372.4K |
| Sell Deribit live order book, 49 min ago | 8.25 bp | 14.3 bp −$14 | 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 | 0.02599 | −0.116% | $6K | $110 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0232% | 1h | 0.02601 | −0.027% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02599 | −0.119% | $14K | $384K | 5x | as long as short |
| Deribit MON_USDC-PERPETUALshort | 0.0000% | 1h | 0.02603 | +0.038% | $63K | $110K | 25x | |
| Bybit MONUSDT | +0.0002% | 8h | 0.02599 | −0.116% | $21.7M | $11.8M | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0091% | 4h | 0.02601 | −0.039% | $17K | $64K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0095% | 8h | 0.02600 | −0.064% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02603 | +0.038% | $855K | $758K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02606 | +0.146% | $35.1M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02602 | −0.018% | $108K | $233K | 10x | as long as short |
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Bybit MONUSDT
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Lighter MON
Hyperliquid MON
Aster MONUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02602 | −0.019% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02603 | +0.027% | $144K | $106K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02600 | −0.058% | $24.7M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02599 | −0.116% | $4.4M | $6.0M | 50x | as long as short |
| Bulk MON-USDlong | +0.0100% | 1h | 0.02602 | long leg | $109K | $3K | 10x | |
| Gate MON_USDT | +0.0100% | 4h | 0.02601 | −0.039% | $1.0M | $935K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02602 | 0.000% | $2.8M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02596 | −0.216% | $782K | $412K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02596 | −0.232% | $48K | $243K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02598 | −0.144% | $585K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02599 | −0.116% | $69K | $481K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02609 | +0.255% | $381K | $531K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02601 | −0.039% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02606 | +0.141% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02601 | −0.039% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0131% | 1h | 0.02608 | +0.226% | $269K | $67K | 10x | as long as short |
| BloFin MON-USDT | +0.0139% | 4h | 0.02595 | −0.269% | $1.4M | $246K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0147% | 1h | 0.02599 | −0.119% | $2K | $73K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02603 | +0.034% | $9K | — | 50x | as long as short |
| Backpack MON_USDC_PERP | +0.0313% | 1h | 0.02603 | +0.054% | $138K | $136K | 10x | as long as short |
| KuCoin MONUSDTM | +0.0388% | 4h | 0.02608 | +0.230% | $3.2M | $745K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02603 | +0.034% | $146K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0648% | 1h | 0.02607 | +0.180% | $114K | $50K | 50x | as long as short |
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Gate MON_USDT
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Nado MON-PERP
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Kraken Futures PF_MONUSD
BloFin MON-USDT
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
Backpack MON_USDC_PERP
KuCoin MONUSDTM
Perpl MON
Coinbase International MON-PERP-INTX