Funding you earn now, next payment 21:00 UTC+0.0648%/8h= +71.0% APRnext payment +$0.81 per $10,000 · paid last 24h +0.191%
Price spread now: Coinbase International against Deribit+1.799%7-day average — · you sell dearer than you buy
Net, funding: paid 7d − costs−$220as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$3093.089% of the position
Funding, last 7 days+0.889%+$89 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Coinbase International is 1.799% dearer against Deribit than usual: you sell high and buy low: +$180 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MON_USDC-PERPETUAL | 0.02579 | 0 | get 0.0000% / 1h | 52m 29s | $62K | $104K | 25x |
| Short | Coinbase International MON-PERP-INTX | 0.02625 | 0.0648 | get 0.0081% / 1h | 52m 29s | $115K | $51K | 50x |
Deribit MON_USDC-PERPETUAL
Coinbase International MON-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Deribit. 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
- $136.08
- Price spread: +1.799% → 0.000%
- $179.92
- Slippage, 4 orders
- −$291.87
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $7.13
- Costs to cover
- 3.089%
- Break-even
- 6.6 days
Slippage from Deribit: live order book, 11 min ago; Coinbase International: live order book, 35 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 Deribit live order book, 11 min ago | 8.25 bp | 11.8 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 35 min ago | 39.55 bp | 143.9 bp −$144 | 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 | 0.02587 | +0.314% | $6K | $107 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0112% | 1h | 0.02574 | −0.182% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02574 | −0.206% | $13K | $384K | 5x | as long as short |
| Deribit MON_USDC-PERPETUALlong | 0.0000% | 1h | 0.02579 | long leg | $62K | $104K | 25x | |
| Bybit MONUSDT | +0.0002% | 8h | 0.02573 | −0.229% | $21.5M | $11.8M | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0092% | 4h | 0.02576 | −0.112% | $17K | $64K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02576 | −0.112% | $844K | $753K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02575 | −0.160% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02579 | +0.013% | $348K | $535K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02579 | −0.008% | $34.7M | $7.4M | 5x | as long as short |
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Bybit MONUSDT
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02577 | −0.064% | $107K | $233K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02577 | −0.072% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02577 | −0.074% | $142K | $108K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02575 | −0.151% | $24.5M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02572 | −0.268% | $4.4M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02610 | +1.206% | $110K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02576 | −0.112% | $999K | $926K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02576 | −0.112% | $2.7M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02579 | +0.023% | $775K | $403K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02586 | +0.265% | $48K | $242K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02587 | +0.332% | $582K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02587 | +0.314% | $69K | $482K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02576 | −0.112% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02578 | −0.054% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02574 | −0.190% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0132% | 1h | 0.02579 | −0.011% | $258K | $59K | 10x | as long as short |
| BloFin MON-USDT | +0.0132% | 4h | 0.02575 | −0.151% | $1.4M | $241K | 75x | as long as short |
| Backpack MON_USDC_PERP | +0.0161% | 1h | 0.02578 | −0.050% | $136K | $138K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0313% / S −0.1052% | 1h | 0.02580 | +0.043% | $13K | — | 50x | as long as short |
| KuCoin MONUSDTM | +0.0362% | 4h | 0.02581 | +0.081% | $3.1M | $790K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0415% | 1h | 0.02590 | +0.426% | $2K | $73K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02579 | 0.000% | $145K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTXshort | +0.0648% | 1h | 0.02625 | +1.799% | $115K | $51K | 50x |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Kraken Futures PF_MONUSD
BloFin MON-USDT
Backpack MON_USDC_PERP
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
Aftermath Perps MONUSD
Perpl MON