Funding you earn now, next payment 00:00 UTC−0.0156%/8h= −17.1% APRnext payment −$0.20 per $10,000 · paid last 24h +0.061%
Price spread now: 01 Exchange against Bulk−0.370%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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 −$5 a day on $10k at the current rate, and 01 Exchange is 0.370% cheaper against Bulk than usual: you would sell low and buy high (−$37 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 | Bulk MON-USD | 0.02585 | 0.0100 | pay 0.0013% / 1h | 32m 03s | $108K | $3K | 10x |
| Short | 01 Exchange MONUSD | 0.02575 | −0.0056 | pay 0.0007% / 1h | 32m 03s | $6K | $1K | 5x |
Bulk MON-USD
01 Exchange MONUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$32.76
- Price spread: −0.370% → 0.000%
- −$36.99
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$83.75
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Bulk: live order book, 47 min ago; 01 Exchange: 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 Bulk live order book, 47 min ago | 19.42 bp | 22.9 bp −$23 | 52.0 bp −$520 | 295.3 bp −$29.5K | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | −0.343% | $6K | $107 | 5.5x | as long as short |
| 01 Exchange MONUSDshort | −0.0056% | 1h | 0.02575 | −0.370% | $6K | $1K | 5x | |
| Bybit MONUSDT | −0.0032% | 8h | 0.02569 | −0.614% | $21.3M | $12.0M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02578 | −0.265% | $13K | $360K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02577 | −0.320% | $126K | $1.8M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02574 | −0.440% | $69K | $119K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0069% | 4h | 0.02574 | −0.420% | $17K | $64K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0089% | 1h | 0.02579 | −0.216% | $2K | $75K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0094% | 8h | 0.02573 | −0.444% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02573 | −0.459% | $854K | $793K | 10x | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Aftermath Perps MONUSD
Paradex MON-USD-PERP
Lighter MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02575 | −0.401% | $34.8M | $7.6M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02572 | −0.512% | $108K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02575 | −0.386% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02575 | −0.370% | $142K | $105K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02571 | −0.548% | $24.5M | $25.4M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02569 | −0.614% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USDlong | +0.0100% | 1h | 0.02585 | long leg | $108K | $3K | 10x | |
| Gate MON_USDT | +0.0100% | 4h | 0.02572 | −0.498% | $979K | $909K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02572 | −0.498% | $2.7M | $1.8M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02574 | −0.436% | $128K | $141K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02576 | −0.335% | $779K | $408K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02579 | −0.232% | $47K | $244K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02579 | −0.241% | $584K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02576 | −0.343% | $69K | $481K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02578 | −0.253% | $393K | $544K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02572 | −0.498% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02575 | −0.386% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02573 | −0.455% | $39K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02576 | −0.362% | $9K | — | 50x | as long as short |
| KuCoin MONUSDTM | +0.0266% | 4h | 0.02579 | −0.227% | $3.0M | $716K | 75x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02572 | −0.498% | $1.4M | $308K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0420% | 1h | 0.02575 | −0.398% | $270K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0480% | 1h | 0.02609 | +0.930% | $115K | $50K | 50x | as long as short |
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Gate MON_USDT
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Nado MON-PERP
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
BloFin MON-USDT
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX