MON

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.03 per $10,000 · paid last 24h −0.130%

Price spread now: GMX against Coinbase International−0.534%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on GMX

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. GMX is 0.534% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.534% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$53 on $10k: about 3 months of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International MON-PERP-INTX	0.02528	0.0408	pay 0.0051% / 1h	28m 48s	$110K	$58K	50x
Short	GMX MON/USD [ETH-USDC]	0.02515	L +0.0260% / S −0.0429%	get 0.0054% / 1h	28m 48s	$9K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee GMXbpOrdersPrice spread, now −0.534%Rate

Funding earned: $4.47
Price spread: −0.534% → 0.000%: −$53.4
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$70.93
Costs to cover: 0.220%
Break-even: 118.1 days

Slippage unknown: Coinbase International: live order book, 29 min ago; GMX: 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 Coinbase International live order book, 29 min ago	19.71 bp	24.7 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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
01 Exchange MONUSD	−0.0320%	1h	0.02515	−0.518%	$6K	$1K	5x	as long as short
Backpack MON_USDC_PERP	−0.0220%	1h	0.02514	−0.577%	$114K	$151K	10x	as long as short
Injective MON/USDC PERP	−0.0176%	1h	0.02498	−1.198%	$5K	$112	5.5x	as long as short
Bybit MONUSDT	−0.0152%	8h	0.02509	−0.763%	$20.6M	$13.2M	50x	as long as short
Phoenix MON	0.0000%	1h	0.02515	−0.542%	$12K	$359K	5x	as long as short
Perpl MON	0.0000%	43m	0.02515	−0.534%	$108K	$2.3M	10x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02516	−0.498%	$74K	$136K	25x	as long as short
Orderly PERP_MON_USDC	+0.0071%	4h	0.02515	−0.526%	$16K	$41K	10x	as long as short
Variational Omni MON	+0.0077%	8h	0.02509	−0.761%	$741K	$409K	—	as long as short
Paradex MON-USD-PERP	+0.0091%	8h	0.02510	−0.704%	$8K	$42	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MON	+0.0096%	1h	0.02510	−0.724%	$845K	$749K	10x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02516	−0.474%	$428K	$573K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02510	−0.704%	$33.9M	$7.5M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02513	−0.601%	$101K	$222K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02512	−0.658%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02510	−0.720%	$138K	$93K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02511	−0.694%	$23.9M	$26.9M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02510	−0.724%	$4.2M	$6.0M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02495	−1.327%	$102K	$5K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02510	−0.724%	$941K	$992K	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02512	−0.645%	$2.8M	$752K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02510	−0.724%	$2.7M	$2.2M	25x	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02509	−0.749%	$41K	$251K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02511	−0.672%	$563K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02503	−1.001%	$67K	$508K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02514	−0.566%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02513	−0.599%	$48K	$521K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02514	−0.566%	$38K	—	3x	as long as short
Aftermath Perps MONUSD	+0.0244%	1h	0.02507	−0.851%	$2K	$74K	10x	as long as short
GMX MON/USD [ETH-USDC]short	L +0.0260% / S −0.0429%	1h	0.02515	−0.534%	$9K	—	50x
BloFin MON-USDT	+0.0340%	4h	0.02520	−0.328%	$1.3M	$340K	75x	as long as short
Coinbase International MON-PERP-INTXlong	+0.0408%	1h	0.02528	long leg	$110K	$58K	50x
Kraken Futures PF_MONUSD	+0.0541%	1h	0.02518	−0.419%	$270K	$114K	10x	as long as short