Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.024%
Price spread now: Variational Omni against Deribit−0.614%59s7-day average −0.160% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.074%−$7 on $10k
+Price spread, last 3 days (all we have)+0.113%+$11 · spread now −0.614%, 7d avg −0.160%
=Together, before fees+0.038%+ Points / potential airdropVariational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.454% cheaper against Deribit than usual: you would sell low and buy high, −$45 on $10k if it goes back to its 7-day average of −0.160%. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MON_USDC-PERPETUAL | 0.02573 | 0.0100 | pay 0.0012% / 1h | 43m 22s | $69K | $119K | 25x |
| Short | Variational Omni MON | 0.02558 | 0.0100 | get 0.0100% / 8h | 7h 43m | $771K | $407K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $0.03
- Price spread: −0.614% → −0.160%
- −$45.42
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$52.39
- Costs to cover
- 0.070%
- Break-even
- 11648.1 days
Slippage unknown: Deribit: live order book, 6 min ago; Variational Omni: RFQ quote, 31 min ago. 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, 6 min ago | 11.94 bp | 15.4 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 31 min ago | 13.71 bp | doesn't fit | 123.4 bp −$1,234 | 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 | −0.0444% | 1h | 0.02556 | −0.676% | $6K | $105 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02555 | −0.734% | $13K | $351K | 5x | as long as short |
| Backpack MON_USDC_PERP | +0.0016% | 1h | 0.02576 | +0.082% | $128K | $141K | 10x | as long as short |
| 01 Exchange MONUSD | +0.0064% | 1h | 0.02594 | +0.793% | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0070% | 4h | 0.02589 | +0.606% | $17K | $64K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02591 | +0.684% | $861K | $751K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0097% | 1h | 0.02565 | −0.341% | $3K | $76K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0098% | 8h | 0.02589 | +0.601% | $8K | $42 | 5x | as long as short |
| Deribit MON_USDC-PERPETUALlong | +0.0100% | 1h | 0.02573 | long leg | $69K | $119K | 25x | |
| Nado MON-PERP | +0.0100% | 1h | 0.02595 | +0.828% | $396K | $543K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02595 | +0.851% | $35.2M | $7.7M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02588 | +0.569% | $108K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02590 | +0.629% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02588 | +0.583% | $143K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02590 | +0.645% | $24.8M | $25.6M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02589 | +0.606% | $21.4M | $12.2M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02589 | +0.606% | $4.4M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02550 | −0.909% | $105K | $2K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02590 | +0.645% | $989K | $898K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02591 | +0.684% | $2.8M | $1.9M | 25x | as long as short |
| Variational Omni MONshort | +0.0100% | 8h | 0.02558 | −0.614% | $771K | $407K | — | |
| edgeX MONUSDC | +0.0100% | 4h | 0.02565 | −0.331% | $44K | $248K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02568 | −0.210% | $582K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02568 | −0.210% | $68K | $483K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02573 | −0.016% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02594 | +0.795% | $49K | $464K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02591 | +0.684% | $39K | — | 3x | as long as short |
| KuCoin MONUSDTM | +0.0194% | 4h | 0.02595 | +0.839% | $3.0M | $721K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02592 | +0.723% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02553 | −0.793% | $1.3M | $306K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02591 | +0.692% | $125K | $1.8M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0464% | 1h | 0.02577 | +0.141% | $271K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02568 | −0.218% | $113K | $49K | 50x | as long as short |
Deribit MON_USDC-PERPETUAL
Variational Omni MON
Injective MON/USDC PERP
Phoenix MON
Backpack MON_USDC_PERP
01 Exchange MONUSD
Lighter MON
Aftermath Perps MONUSD
Paradex MON-USD-PERP
Hyperliquid MON
Aster MONUSDT
Pacifica MON
Binance MONUSDT
Bybit MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
KuCoin MONUSDTM
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX