Funding you earn now, next payment 01:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h −0.003%
Price spread now: Orderly against Extended−0.180%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.067%−$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.180% cheaper against Extended than usual: you would sell low and buy high (−$18 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 | Extended MON-USD | 0.02594 | 0.0104 | pay 0.0013% / 1h | 42m 08s | $50K | $473K | 10x |
| Short | Orderly PERP_MON_USDC | 0.02589 | 0.0070 | get 0.0035% / 4h | 3h 42m | $17K | $64K | 10x |
Extended MON-USD
Orderly PERP_MON_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$7.17
- Price spread: −0.180% → 0.000%
- −$17.96
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$36.13
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 30 min ago; Orderly: 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 Extended live order book, 30 min ago | 5.87 bp | 28.0 bp −$28 | 279.4 bp −$2,794 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | 0.02556 | −1.452% | $6K | $105 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02555 | −1.510% | $13K | $351K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02590 | −0.145% | $70K | $119K | 25x | as long as short |
| Orderly PERP_MON_USDCshort | +0.0070% | 4h | 0.02589 | −0.180% | $17K | $64K | 10x | |
| 01 Exchange MONUSD | +0.0072% | 1h | 0.02596 | +0.110% | $6K | $1K | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02588 | −0.218% | $860K | $751K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0098% | 8h | 0.02594 | −0.005% | $8K | $42 | 5x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02591 | −0.118% | $35.2M | $7.7M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02591 | −0.084% | $108K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02595 | +0.043% | $13K | — | 5x | as long as short |
Injective MON/USDC PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Lighter MON
Paradex MON-USD-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USDShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica MON | +0.0100% | 1h | 0.02595 | +0.044% | $143K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02588 | −0.204% | $24.7M | $25.6M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02587 | −0.245% | $21.4M | $12.2M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02585 | −0.334% | $4.4M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02550 | −1.683% | $105K | $2K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02589 | −0.180% | $988K | $899K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02590 | −0.141% | $2.8M | $1.9M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02587 | −0.237% | $128K | $142K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02558 | −1.390% | $771K | $407K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02565 | −1.109% | $44K | $248K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02568 | −0.989% | $582K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02568 | −0.989% | $68K | $483K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02600 | +0.241% | $398K | $543K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02586 | −0.295% | $5K | $6K | 5x | as long as short |
| Extended MON-USDlong | +0.0104% | 1h | 0.02594 | long leg | $50K | $473K | 10x | |
| Aevo MON-PERP | +0.0104% | 1h | 0.02587 | −0.261% | $39K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0111% | 1h | 0.02569 | −0.940% | $3K | $76K | 10x | as long as short |
| KuCoin MONUSDTM | +0.0188% | 4h | 0.02594 | +0.013% | $3.0M | $722K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02589 | −0.168% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02589 | −0.180% | $1.4M | $310K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02591 | −0.118% | $134K | $1.9M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0461% | 1h | 0.02591 | −0.106% | $272K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02593 | −0.014% | $114K | $51K | 50x | as long as short |
Pacifica MON
Binance MONUSDT
Bybit MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Nado MON-PERP
SoDEX MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
KuCoin MONUSDTM
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX