Funding you earn now, next payment 01:00 UTC−0.0297%/8h= −32.6% APRpaid last 24h −0.245%
Price spread now: Perpl against Coinbase International−0.732%7-day average −0.488% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.741%−$74 on $10k
+Price spread, last 3 days (all we have)+0.186%+$19 · spread now −0.732%, 7d avg −0.488%
=Together, before fees−0.555%+ Points / potential airdropPerpl: Active · farm board−$56 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Perpl is 0.244% cheaper against Coinbase International than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.488%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International MON-PERP-INTX | 0.02556 | 0.0744 | pay 0.0093% / 1h | 8m 49s | $112K | $52K | 50x |
| Short | Perpl MON | 0.02537 | 0.0447 | get 0.0040% / 43m | 13m 49s | $106K | $2.3M | 10x |
Coinbase International MON-PERP-INTX
Perpl MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$62.47
- Price spread: −0.732% → −0.488%
- −$24.38
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- −$110.65
- Costs to cover
- 0.238%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 59 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 Coinbase International live order book, 59 min ago | 29.90 bp | 117.6 bp −$118 | 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 32 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 | −0.0388% | 1h | 0.02546 | −0.383% | $6K | $109 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0089% | 8h | 0.02534 | −0.853% | $20.9M | $12.8M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02552 | −0.149% | $13K | $349K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02536 | −0.786% | $68K | $125K | 25x | as long as short |
| 01 Exchange MONUSD | +0.0016% | 1h | 0.02536 | −0.790% | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0068% | 4h | 0.02537 | −0.736% | $16K | $51K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02538 | −0.696% | $846K | $742K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0098% | 8h | 0.02536 | −0.794% | $8K | $42 | 5x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02538 | −0.708% | $34.4M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02537 | −0.722% | $101K | $229K | 10x | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Hyperliquid MON
Aster MONUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02541 | −0.585% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02537 | −0.736% | $140K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02536 | −0.775% | $24.2M | $26.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02534 | −0.853% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02545 | −0.427% | $106K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02534 | −0.853% | $947K | $906K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02538 | −0.696% | $2.9M | $743K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02537 | −0.736% | $2.7M | $2.0M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02537 | −0.751% | $118K | $156K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02547 | −0.362% | $758K | $419K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02550 | −0.237% | $44K | $247K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02552 | −0.158% | $571K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02551 | −0.188% | $68K | $497K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02538 | −0.703% | $407K | $545K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02535 | −0.814% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02538 | −0.677% | $51K | $513K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02534 | −0.833% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02535 | −0.798% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0285% | 1h | 0.02548 | −0.321% | $2K | $79K | 10x | as long as short |
| Perpl MONshort | +0.0447% | 43m | 0.02537 | −0.732% | $106K | $2.3M | 10x | |
| Coinbase International MON-PERP-INTXlong | +0.0744% | 1h | 0.02556 | long leg | $112K | $52K | 50x | |
| Kraken Futures PF_MONUSD | +0.0842% | 1h | 0.02539 | −0.654% | $267K | $97K | 10x | as long as short |
dYdX MON-USD
Pacifica MON
Binance MONUSDT
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
ApeX Omni MONUSDT
Nado MON-PERP
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
Kraken Futures PF_MONUSD