Funding you earn now, next payment 00:55 UTC+0.0343%/8h= +37.5% APRpaid last 24h −0.032%
Price spread now: Perpl against Extended−0.196%7-day average −0.066% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.175%+$18 on $10k
+Price spread, last 3 days (all we have)+0.329%+$33 · spread now −0.196%, 7d avg −0.066%
=Together, before fees+0.504%+ Points / potential airdropExtended: Active · Perpl: Active · farm board+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. Perpl is 0.130% cheaper against Extended than usual: you would sell low and buy high (spread −0.196% now, against its 7-day average of −0.066%). If the spread goes back, that is −$13 on $10k: about 30 hours of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.175% in total) that is about 5.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.175% in total (about 9.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MON-USD | 0.02548 | 0.0104 | pay 0.0013% / 1h | 55m 21s | $49K | $520K | 10x |
| Short | Perpl MON | 0.02543 | 0.0447 | get 0.0040% / 43m | 17m 21s | $115K | $2.1M | 10x |
Extended MON-USD
Perpl MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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
- $71.93
- Price spread: −0.196% → −0.066%
- −$13.04
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- $40.09
- Costs to cover
- 0.188%
- Break-even
- 3.1 days
Slippage unknown: Extended: live order book, 12 min ago; Perpl: 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, 12 min ago | 3.86 bp | 25.5 bp −$25 | 256.9 bp −$2,569 | doesn't fit | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: 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 | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni MONUSDT | −0.0850% | 1h | 0.02545 | −0.110% | $68K | $489K | 50x | as long as short |
| Injective MON/USDC PERP | −0.0388% | 1h | 0.02541 | −0.267% | $6K | $106 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0096% | 1h | 0.02538 | −0.369% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02549 | +0.055% | $13K | $349K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02543 | −0.188% | $69K | $119K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0060% | 4h | 0.02539 | −0.345% | $16K | $58K | 10x | as long as short |
| Bybit MONUSDT | +0.0062% | 8h | 0.02539 | −0.345% | $21.1M | $12.3M | 50x | as long as short |
| Paradex MON-USD-PERP | +0.0094% | 8h | 0.02543 | −0.186% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02544 | −0.149% | $847K | $740K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02546 | −0.075% | $403K | $537K | 10x | as long as short |
ApeX Omni MONUSDT
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Bybit MONUSDT
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 | 0.02544 | −0.135% | $106K | $227K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02544 | −0.156% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02544 | −0.149% | $141K | $103K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02540 | −0.323% | $24.3M | $25.7M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02539 | −0.345% | $4.3M | $5.8M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02545 | −0.092% | $106K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02541 | −0.267% | $954K | $884K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02544 | −0.149% | $2.9M | $739K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02542 | −0.227% | $2.7M | $2.0M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02544 | −0.157% | $120K | $160K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02538 | −0.380% | $764K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02548 | −0.001% | $44K | $247K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02548 | +0.008% | $572K | $1.5M | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02541 | −0.267% | $5K | $6K | 5x | as long as short |
| Extended MON-USDlong | +0.0104% | 1h | 0.02548 | long leg | $49K | $520K | 10x | |
| Aevo MON-PERP | +0.0104% | 1h | 0.02539 | −0.365% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02540 | −0.298% | $8K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0334% | 1h | 0.02559 | +0.444% | $4K | $74K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02548 | +0.008% | $1.4M | $313K | 75x | as long as short |
| Hyperliquid MON | +0.0392% | 1h | 0.02545 | −0.094% | $34.7M | $7.5M | 5x | as long as short |
| Perpl MONshort | +0.0447% | 43m | 0.02543 | −0.196% | $115K | $2.1M | 10x | |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02529 | −0.726% | $110K | $51K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0841% | 1h | 0.02545 | −0.129% | $277K | $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]
Aftermath Perps MONUSD
BloFin MON-USDT
Hyperliquid MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD