MON

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0276%/8h= +30.2% APRnext payment +$0.35 per $10,000 · paid last 24h +0.180%

Price spread now: Coinbase International against GMX+0.502%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Coinbase International

What this pair did over the last

the charts below follow

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 for this trade now. Funding pays +$8 a day on $10k at the current rate, and Coinbase International is 0.502% dearer against GMX than usual: you sell high and buy low: +$50 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX MON/USD [ETH-USDC]	0.02528	L +0.0260% / S −0.0429%	pay 0.0032% / 1h	15m 13s	$9K	—	50x
Short	Coinbase International MON-PERP-INTX	0.02541	0.0536	get 0.0067% / 1h	15m 13s	$112K	$58K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.502%Rate

Funding earned: $57.98
Price spread: +0.502% → 0.000%: $50.23
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $86.21
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 47 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 GMX no order-book sample	—	—	—	—	—
Sell Coinbase International live order book, 47 min ago	20.13 bp	105.3 bp −$105	doesn't fit	doesn't fit	doesn't fit

GMX: 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
Phoenix MON	−0.0316%	1h	0.02528	−0.012%	$12K	$367K	5x	as long as short
Backpack MON_USDC_PERP	−0.0268%	1h	0.02530	+0.075%	$112K	$152K	10x	as long as short
Injective MON/USDC PERP	−0.0253%	1h	0.02528	−0.020%	$5K	$112	5.5x	as long as short
Bybit MONUSDT	−0.0156%	8h	0.02527	−0.059%	$20.8M	$13.1M	50x	as long as short
01 Exchange MONUSD	−0.0048%	1h	0.02523	−0.202%	$6K	$1K	5x	as long as short
Perpl MON	0.0000%	43m	0.02528	−0.008%	$105K	$2.3M	10x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02528	0.000%	$68K	$125K	25x	as long as short
Orderly PERP_MON_USDC	+0.0084%	4h	0.02529	+0.020%	$16K	$51K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02531	+0.099%	$844K	$738K	10x	as long as short
Paradex MON-USD-PERP	+0.0099%	8h	0.02526	−0.086%	$8K	$42	5x	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	0.02532	+0.123%	$34.3M	$7.5M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02531	+0.083%	$101K	$222K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02531	+0.109%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02528	−0.020%	$140K	$93K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02528	−0.020%	$24.0M	$26.6M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02526	−0.099%	$4.2M	$5.9M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02520	−0.335%	$103K	$5K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02528	−0.020%	$951K	$965K	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02532	+0.138%	$2.9M	$743K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02530	+0.059%	$2.7M	$2.1M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02533	+0.178%	$752K	$405K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02530	+0.071%	$42K	$251K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02532	+0.139%	$567K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02530	+0.059%	$68K	$503K	50x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02530	+0.061%	$413K	$544K	10x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02529	+0.020%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02530	+0.074%	$48K	$518K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02527	−0.047%	$38K	—	3x	as long as short
Aftermath Perps MONUSD	+0.0256%	1h	0.02531	+0.103%	$2K	$74K	10x	as long as short
GMX MON/USD [ETH-USDC]long	L +0.0260% / S −0.0429%	1h	0.02528	long leg	$9K	—	50x
BloFin MON-USDT	+0.0340%	4h	0.02529	+0.020%	$1.3M	$320K	75x	as long as short
Kraken Futures PF_MONUSD	+0.0491%	1h	0.02532	+0.154%	$271K	$112K	10x	as long as short
Coinbase International MON-PERP-INTXshort	+0.0536%	1h	0.02541	+0.502%	$112K	$58K	50x