Funding you earn now, next payment 02:00 UTC−0.0160%/8h= −17.6% APRnext payment −$0.20 per $10,000 · paid last 24h −0.037%
Price spread now: SoDEX against GMX−0.012%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX MON/USD [ETH-USDC] | 0.02555 | L +0.0260% / S −0.0429% | pay 0.0033% / 1h | 25m 31s | $9K | — | 50x |
| Short | SoDEX MON-USD | 0.02555 | 0.0100 | get 0.0013% / 1h | 25m 31s | $5K | $6K | 5x |
GMX MON/USD [ETH-USDC]
SoDEX MON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against GMX. 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
- −$33.69
- Price spread: −0.012% → 0.000%
- −$1.17
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$54.87
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; SoDEX: 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 SoDEX no order-book sample | — | — | — | — | — |
GMX and SoDEX: 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 32 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 | −0.0388% | 1h | 0.02522 | −1.303% | $5K | $108 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0088% | 8h | 0.02550 | −0.207% | $20.9M | $12.8M | 50x | as long as short |
| 01 Exchange MONUSD | 0.0000% | 1h | 0.02555 | −0.008% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02543 | −0.481% | $13K | $349K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02556 | +0.016% | $69K | $125K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0061% | 4h | 0.02555 | −0.012% | $16K | $51K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02555 | −0.012% | $851K | $742K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0097% | 8h | 0.02553 | −0.094% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02555 | −0.031% | $410K | $545K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02556 | +0.039% | $34.7M | $7.7M | 5x | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Phoenix MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MONShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02554 | −0.048% | $102K | $229K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02552 | −0.120% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02553 | −0.078% | $141K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02554 | −0.070% | $24.3M | $26.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02550 | −0.207% | $4.3M | $5.9M | 50x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02554 | −0.051% | $957K | $904K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02557 | +0.067% | $2.9M | $744K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02554 | −0.051% | $2.7M | $2.0M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02558 | +0.090% | $121K | $156K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02552 | −0.146% | $759K | $419K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02550 | −0.199% | $44K | $247K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02554 | −0.051% | $573K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02541 | −0.560% | $68K | $493K | 50x | as long as short |
| SoDEX MON-USDshort | +0.0100% | 1h | 0.02555 | −0.012% | $5K | $6K | 5x | |
| Bulk MON-USD | +0.0100% | 1h | 0.02550 | −0.208% | $106K | $4K | 10x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02554 | −0.058% | $51K | $517K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02555 | −0.012% | $39K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC]long | L +0.0260% / S −0.0429% | 1h | 0.02555 | long leg | $9K | — | 50x | |
| Aftermath Perps MONUSD | +0.0352% | 1h | 0.02544 | −0.455% | $3K | $77K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02556 | +0.031% | $157K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02553 | −0.074% | $112K | $52K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0836% | 1h | 0.02557 | +0.074% | $278K | $88K | 10x | as long as short |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Bulk MON-USD
Extended MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD