MON

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.024%

Price spread now: SoDEX against Deribit−0.069%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 SoDEX

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. SoDEX is 0.069% cheaper against Deribit than usual: you would sell low and buy high (spread −0.069% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.3 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit MON_USDC-PERPETUAL	0.02603	0	get 0.0000% / 1h	12m 20s	$70K	$119K	25x
Short	SoDEX MON-USD	0.02601	0.0100	get 0.0013% / 1h	12m 20s	$5K	$6K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.069%Rate

Funding earned: $21
Price spread: −0.069% → 0.000%: −$6.92
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$0.92
Costs to cover: 0.150%
Break-even: 7.3 days

Slippage unknown: Deribit: live order book, 37 min ago; SoDEX: 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, 37 min ago	11.94 bp	15.4 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	−0.0444%	1h	0.02570	−1.260%	$6K	$108	5.5x	as long as short
Phoenix MON	0.0000%	1h	0.02601	−0.065%	$14K	$351K	5x	as long as short
Deribit MON_USDC-PERPETUALlong	0.0000%	1h	0.02603	long leg	$70K	$119K	25x
01 Exchange MONUSD	+0.0016%	1h	0.02599	−0.154%	$6K	$1K	5x	as long as short
Bybit MONUSDT	+0.0058%	8h	0.02598	−0.196%	$21.6M	$12.2M	50x	as long as short
Orderly PERP_MON_USDC	+0.0064%	4h	0.02601	−0.069%	$17K	$59K	10x	as long as short
Paradex MON-USD-PERP	+0.0092%	8h	0.02594	−0.323%	$8K	$42	5x	as long as short
Lighter MON	+0.0096%	1h	0.02603	+0.008%	$867K	$755K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02605	+0.088%	$35.5M	$7.6M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02603	+0.021%	$108K	$231K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX MON-USD	+0.0100%	1h	0.02598	−0.190%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02597	−0.223%	$143K	$103K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02599	−0.133%	$24.9M	$25.4M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02596	−0.261%	$4.4M	$5.9M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02560	−1.628%	$106K	$4K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02598	−0.184%	$979K	$928K	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02600	−0.108%	$3.0M	$727K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02601	−0.069%	$2.8M	$1.9M	25x	as long as short
Backpack MON_USDC_PERP	+0.0100%	1h	0.02599	−0.150%	$129K	$142K	10x	as long as short
Variational Omni MON	+0.0100%	8h	0.02572	−1.199%	$773K	$411K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02582	−0.807%	$44K	$249K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02584	−0.704%	$578K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02584	−0.722%	$69K	$488K	50x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02606	+0.134%	$402K	$526K	10x	as long as short
SoDEX MON-USDshort	+0.0100%	1h	0.02601	−0.069%	$5K	$6K	5x
Extended MON-USD	+0.0104%	1h	0.02606	+0.131%	$50K	$517K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02600	−0.115%	$39K	—	3x	as long as short
Aftermath Perps MONUSD	+0.0187%	1h	0.02586	−0.654%	$4K	$74K	10x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0261% / S −0.0598%	1h	0.02601	−0.073%	$9K	—	50x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02601	−0.069%	$1.4M	$310K	75x	as long as short
Perpl MON	+0.0447%	43m	0.02603	+0.008%	$121K	$2.1M	10x	as long as short
Kraken Futures PF_MONUSD	+0.0459%	1h	0.02605	+0.102%	$274K	$78K	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0808%	1h	0.02604	+0.065%	$114K	$52K	50x	as long as short