Funding you earn now, next payment 02:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h +0.022%
Price spread now: Deribit against Extended−0.262%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$820.819% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 3 days (all we have)+0.443%+$44 · spread now −0.262%, 7d avg −0.074%
=Together, before fees+0.455%+ Points / potential airdropExtended: Active · farm board+$46 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.189% cheaper against Extended than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.074%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MON-USD | 0.02552 | 0.0104 | pay 0.0013% / 1h | 54m 01s | $49K | $520K | 10x |
| Short | Deribit MON_USDC-PERPETUAL | 0.02545 | 0 | get 0.0000% / 1h | 54m 01s | $69K | $119K | 25x |
Extended MON-USD
Deribit MON_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Extended. 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
- −$21.84
- Price spread: −0.262% → −0.074%
- −$18.86
- Slippage, 4 orders
- −$69.91
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$122.62
- Costs to cover
- 0.819%
- Break-even
- never at this rate
Slippage from Extended: live order book, 14 min ago; Deribit: live order book, 55 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 Extended live order book, 14 min ago | 3.86 bp | 25.5 bp −$25 | 256.9 bp −$2,569 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 55 min ago | 11.94 bp | 15.4 bp −$15 | 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni MONUSDT | −0.0850% | 1h | 0.02545 | −0.266% | $68K | $489K | 50x | as long as short |
| Injective MON/USDC PERP | −0.0388% | 1h | 0.02541 | −0.423% | $6K | $106 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0096% | 1h | 0.02538 | −0.529% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02549 | −0.101% | $13K | $349K | 5x | as long as short |
| Deribit MON_USDC-PERPETUALshort | 0.0000% | 1h | 0.02545 | −0.262% | $69K | $119K | 25x | |
| Bybit MONUSDT | +0.0055% | 8h | 0.02545 | −0.266% | $21.2M | $12.3M | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0059% | 4h | 0.02542 | −0.384% | $16K | $59K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0094% | 8h | 0.02540 | −0.470% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02549 | −0.109% | $849K | $740K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02547 | −0.200% | $403K | $537K | 10x | as long as short |
ApeX Omni MONUSDT
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Bybit MONUSDT
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Lighter MON
Nado MON-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02547 | −0.188% | $106K | $227K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02544 | −0.312% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02543 | −0.344% | $141K | $103K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02547 | −0.196% | $24.3M | $25.7M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02546 | −0.227% | $4.3M | $5.8M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02545 | −0.249% | $106K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02546 | −0.227% | $956K | $884K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02547 | −0.188% | $2.9M | $740K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02549 | −0.109% | $2.7M | $2.0M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02552 | +0.016% | $119K | $161K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02538 | −0.536% | $764K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02548 | −0.158% | $44K | $247K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02548 | −0.148% | $572K | $1.5M | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02548 | −0.148% | $5K | $6K | 5x | as long as short |
| Extended MON-USDlong | +0.0104% | 1h | 0.02552 | long leg | $49K | $520K | 10x | |
| Aevo MON-PERP | +0.0104% | 1h | 0.02547 | −0.207% | $39K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02543 | −0.360% | $8K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02541 | −0.423% | $1.4M | $308K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0348% | 1h | 0.02556 | +0.163% | $4K | $74K | 10x | as long as short |
| Hyperliquid MON | +0.0377% | 1h | 0.02554 | +0.098% | $34.8M | $7.5M | 5x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02544 | −0.317% | $115K | $2.1M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02545 | −0.274% | $111K | $51K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0838% | 1h | 0.02553 | +0.032% | $278K | $88K | 10x | as long as short |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
SoDEX MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Aftermath Perps MONUSD
Hyperliquid MON
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD