MON

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0598%/8h= +65.5% APRnext payment +$0.75 per $10,000 · paid last 24h +0.041%

Price spread now: GMX against Deribit−0.043%7-day average — · you buy dearer than you sell

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

Long on Deribit 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 0.043% cheaper against Deribit than usual: you would sell low and buy high (spread −0.043% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 6 hours of funding at the current rate (+$18 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit MON_USDC-PERPETUAL	0.02570	0	get 0.0000% / 1h	12m 18s	$69K	$119K	25x
Short	GMX MON/USD [ETH-USDC]	0.02569	L +0.0260% / S −0.0598%	get 0.0075% / 1h	12m 18s	$8K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Deribit. 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 DeribitbpFee GMXbpOrdersPrice spread, now −0.043%Rate

Funding earned: $125.54
Price spread: −0.043% → 0.000%: −$4.28
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: $102.26
Costs to cover: 0.190%
Break-even: 1.3 days

Slippage unknown: Deribit: live order book, 47 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 Deribit live order book, 47 min ago	6.39 bp	9.9 bp −$10	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
Bybit MONUSDT	−0.0060%	8h	0.02565	−0.202%	$21.3M	$11.8M	50x	as long as short
Injective MON/USDC PERP	−0.0053%	1h	0.02575	+0.183%	$6K	$109	5.5x	as long as short
Phoenix MON	0.0000%	1h	0.02576	+0.210%	$13K	$362K	5x	as long as short
Perpl MON	0.0000%	43m	0.02568	−0.074%	$142K	$1.8M	10x	as long as short
Deribit MON_USDC-PERPETUALlong	0.0000%	1h	0.02570	long leg	$69K	$119K	25x
Aftermath Perps MONUSD	+0.0026%	1h	0.02574	+0.159%	$2K	$73K	10x	as long as short
01 Exchange MONUSD	+0.0032%	1h	0.02569	−0.054%	$6K	$1K	5x	as long as short
Orderly PERP_MON_USDC	+0.0067%	4h	0.02567	−0.128%	$17K	$64K	10x	as long as short
Paradex MON-USD-PERP	+0.0086%	8h	0.02567	−0.146%	$8K	$42	5x	as long as short
Lighter MON	+0.0096%	1h	0.02570	−0.012%	$851K	$773K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado MON-PERP	+0.0100%	1h	0.02572	+0.049%	$387K	$540K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02571	+0.027%	$34.8M	$7.4M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02571	+0.022%	$108K	$231K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02569	−0.038%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02568	−0.089%	$142K	$104K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02568	−0.094%	$24.4M	$24.6M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02567	−0.128%	$4.4M	$5.8M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02578	+0.283%	$108K	$3K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02568	−0.089%	$995K	$873K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02570	−0.012%	$2.7M	$1.8M	25x	as long as short
Backpack MON_USDC_PERP	+0.0100%	1h	0.02567	−0.128%	$127K	$138K	10x	as long as short
Variational Omni MON	+0.0100%	8h	0.02571	+0.034%	$779K	$406K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02574	+0.162%	$47K	$244K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02577	+0.261%	$578K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02576	+0.222%	$69K	$480K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02569	−0.051%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02571	+0.024%	$52K	$407K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02569	−0.047%	$39K	—	3x	as long as short
Kraken Futures PF_MONUSD	+0.0174%	1h	0.02572	+0.065%	$270K	$78K	10x	as long as short
GMX MON/USD [ETH-USDC]short	L +0.0260% / S −0.0598%	1h	0.02569	−0.043%	$8K	—	50x
KuCoin MONUSDTM	+0.0300%	4h	0.02573	+0.105%	$3.2M	$667K	75x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02570	−0.012%	$1.3M	$292K	75x	as long as short
Coinbase International MON-PERP-INTX	+0.0536%	1h	0.02607	+1.416%	$114K	$49K	50x	as long as short