MON

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.1052%/8h= −115.2% APRnext payment −$1.32 per $10,000 · paid last 24h −0.034%

Price spread now: Injective against GMX+0.271%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 Injective

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

The price spread pays, funding is against you. Injective is 0.271% dearer against GMX than usual: you sell high and buy low (spread +0.271% now, against zero (this spread has no 7-day history yet)): +$27 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 21 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX MON/USD [ETH-USDC]	0.02580	L +0.0313% / S −0.1052%	pay 0.0039% / 1h	48m 31s	$13K	—	50x
Short	Injective MON/USDC PERP	0.02587	−0.0739	pay 0.0092% / 1h	48m 31s	$6K	$107	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +0.271%Rate

Funding earned: −$220.95
Price spread: +0.271% → 0.000%: $27.13
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$205.84
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Injective: 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 GMX no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

GMX and Injective: 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 PERPshort	−0.0739%	1h	0.02587	+0.271%	$6K	$107	5.5x
01 Exchange MONUSD	−0.0120%	1h	0.02582	+0.062%	$6K	$1K	5x	as long as short
Deribit MON_USDC-PERPETUAL	−0.0060%	1h	0.02580	+0.004%	$62K	$110K	25x	as long as short
Phoenix MON	0.0000%	1h	0.02579	−0.019%	$13K	$384K	5x	as long as short
Bybit MONUSDT	+0.0007%	8h	0.02581	+0.039%	$21.6M	$11.8M	50x	as long as short
BloFin MON-USDT	+0.0066%	4h	0.02579	−0.039%	$1.4M	$242K	75x	as long as short
Orderly PERP_MON_USDC	+0.0092%	4h	0.02578	−0.078%	$17K	$64K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02583	+0.116%	$846K	$753K	10x	as long as short
Paradex MON-USD-PERP	+0.0099%	8h	0.02581	+0.034%	$8K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02584	+0.152%	$348K	$535K	10x	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	0.02584	+0.171%	$34.8M	$7.5M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02582	+0.090%	$108K	$233K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02582	+0.078%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02583	+0.112%	$143K	$107K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02581	+0.019%	$24.5M	$24.6M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02580	0.000%	$4.4M	$6.0M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02575	−0.194%	$108K	$3K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02583	+0.116%	$1.0M	$927K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02583	+0.116%	$2.7M	$1.8M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02573	−0.290%	$773K	$405K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02576	−0.170%	$47K	$242K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02577	−0.097%	$579K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02578	−0.078%	$69K	$482K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02578	−0.078%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02584	+0.155%	$52K	$407K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02577	−0.116%	$39K	—	3x	as long as short
Kraken Futures PF_MONUSD	+0.0132%	1h	0.02581	+0.047%	$262K	$63K	10x	as long as short
Backpack MON_USDC_PERP	+0.0228%	1h	0.02579	−0.019%	$137K	$138K	10x	as long as short
GMX MON/USD [ETH-USDC]long	L +0.0313% / S −0.1052%	1h	0.02580	long leg	$13K	—	50x
KuCoin MONUSDTM	+0.0354%	4h	0.02587	+0.271%	$3.2M	$788K	75x	as long as short
Aftermath Perps MONUSD	+0.0410%	1h	0.02583	+0.135%	$2K	$73K	10x	as long as short
Perpl MON	+0.0447%	43m	0.02580	−0.004%	$145K	$1.8M	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0648%	1h	0.02625	+1.756%	$115K	$51K	50x	as long as short