Funding you earn now, next payment 00:00 UTC−0.0072%/8h= −7.9% APRnext payment −$0.09 per $10,000 · paid last 24h +0.040%
Price spread now: 01 Exchange against Deribit−0.140%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and 01 Exchange is 0.140% cheaper against Deribit than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MON_USDC-PERPETUAL | 0.02575 | 0 | get 0.0000% / 1h | 57m 22s | $70K | $119K | 25x |
| Short | 01 Exchange MONUSD | 0.02571 | −0.0072 | pay 0.0009% / 1h | 57m 22s | $6K | $1K | 5x |
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$15.12
- Price spread: −0.140% → 0.000%
- −$13.98
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$43.1
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 62 min ago; 01 Exchange: 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, 62 min ago | 6.39 bp | 9.9 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0134% | 1h | 0.02573 | −0.066% | $128K | $141K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0121% | 1h | 0.02575 | +0.016% | $6K | $103 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0073% | 8h | 0.02570 | −0.179% | $21.3M | $11.9M | 50x | as long as short |
| 01 Exchange MONUSDshort | −0.0072% | 1h | 0.02571 | −0.140% | $6K | $1K | 5x | |
| Phoenix MON | 0.0000% | 1h | 0.02576 | +0.035% | $13K | $360K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02573 | −0.047% | $128K | $1.8M | 10x | as long as short |
| Deribit MON_USDC-PERPETUALlong | 0.0000% | 1h | 0.02575 | long leg | $70K | $119K | 25x | |
| Aftermath Perps MONUSD | +0.0020% | 1h | 0.02566 | −0.329% | $2K | $74K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0066% | 4h | 0.02573 | −0.062% | $17K | $64K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0090% | 8h | 0.02570 | −0.171% | $8K | $42 | 5x | as long as short |
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Perpl MON
Aftermath Perps MONUSD
Orderly PERP_MON_USDC
Paradex MON-USD-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MON | +0.0096% | 1h | 0.02573 | −0.062% | $860K | $771K | 10x | as long as short |
| Variational Omni MON | +0.0099% | 8h | 0.02554 | −0.794% | $772K | $408K | — | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02576 | +0.038% | $391K | $545K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02575 | +0.027% | $34.8M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02575 | +0.014% | $108K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02573 | −0.058% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02571 | −0.124% | $142K | $105K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02572 | −0.101% | $24.5M | $25.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02570 | −0.179% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02555 | −0.761% | $107K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02573 | −0.062% | $992K | $866K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02574 | −0.023% | $2.7M | $1.8M | 25x | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02567 | −0.300% | $47K | $242K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02558 | −0.631% | $574K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02568 | −0.256% | $68K | $482K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02573 | −0.062% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02573 | −0.079% | $51K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02583 | +0.322% | $39K | — | 3x | as long as short |
| KuCoin MONUSDTM | +0.0240% | 4h | 0.02574 | −0.023% | $3.0M | $710K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02574 | −0.008% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02563 | −0.451% | $1.3M | $306K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0419% | 1h | 0.02576 | +0.072% | $271K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0480% | 1h | 0.02579 | +0.179% | $114K | $50K | 50x | as long as short |
Lighter MON
Variational Omni MON
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance 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
Aevo MON-PERP
KuCoin MONUSDTM
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX