Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.091%
Price spread now: Bulk against Hyperliquid−0.279%7-day average −0.135% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.150%−$15 on $10k
+Price spread, last 4 days (all we have)−0.243%−$24 · spread now −0.279%, 7d avg −0.135%
=Together, before fees−0.393%+ Points / potential airdropHyperliquid: Season 2 · farm board−$39 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.143% cheaper against Hyperliquid than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.135%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MON | 0.02517 | 0.0100 | pay 0.0013% / 1h | 6m 35s | $33.9M | $7.5M | 5x |
| Short | Bulk MON-USD | 0.02510 | 0.0100 | get 0.0013% / 1h | 6m 35s | $103K | $5K | 10x |
Hyperliquid MON
Bulk MON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Hyperliquid. 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
- $0
- Price spread: −0.279% → −0.135%
- −$14.33
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$30.33
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 7 min ago; Bulk: live order book, 52 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 Hyperliquid live order book, 7 min ago | 1.39 bp | 12.7 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bulk live order book, 52 min ago | 19.80 bp | 45.0 bp −$45 | 81.7 bp −$817 | 179.7 bp −$18.0K | doesn't fit |
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 | −0.0176% | 1h | 0.02507 | −0.397% | $5K | $114 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0160% | 1h | 0.02511 | −0.250% | $6K | $1K | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.0110% | 1h | 0.02518 | +0.024% | $114K | $151K | 10x | as long as short |
| Bybit MONUSDT | −0.0105% | 8h | 0.02511 | −0.250% | $20.7M | $13.3M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02519 | +0.079% | $12K | $359K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02516 | −0.020% | $74K | $136K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0072% | 4h | 0.02516 | −0.040% | $16K | $34K | 10x | as long as short |
| Variational Omni MON | +0.0083% | 8h | 0.02514 | −0.138% | $742K | $409K | — | as long as short |
| Paradex MON-USD-PERP | +0.0094% | 8h | 0.02510 | −0.262% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02514 | −0.119% | $846K | $749K | 10x | as long as short |
Injective MON/USDC PERP
01 Exchange MONUSD
Backpack MON_USDC_PERP
Bybit MONUSDT
Phoenix MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Variational Omni MON
Paradex MON-USD-PERP
Lighter MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado MON-PERP | +0.0100% | 1h | 0.02519 | +0.096% | $426K | $578K | 10x | as long as short |
| Hyperliquid MONlong | +0.0100% | 1h | 0.02517 | long leg | $33.9M | $7.5M | 5x | |
| Aster MONUSDT | +0.0100% | 4h | 0.02517 | −0.014% | $101K | $222K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02514 | −0.108% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02514 | −0.119% | $139K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02513 | −0.171% | $23.9M | $26.9M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02510 | −0.278% | $4.2M | $6.0M | 50x | as long as short |
| Bulk MON-USDshort | +0.0100% | 1h | 0.02510 | −0.279% | $103K | $5K | 10x | |
| Gate MON_USDT | +0.0100% | 4h | 0.02514 | −0.119% | $942K | $994K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02517 | 0.000% | $2.8M | $757K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02514 | −0.119% | $2.7M | $2.2M | 25x | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02515 | −0.087% | $41K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02516 | −0.041% | $564K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02515 | −0.079% | $68K | $512K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02516 | −0.040% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02513 | −0.143% | $49K | $519K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02515 | −0.075% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02516 | −0.040% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0276% | 1h | 0.02514 | −0.102% | $2K | $74K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02518 | +0.040% | $1.3M | $340K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0408% | 1h | 0.02518 | +0.044% | $110K | $57K | 50x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02518 | +0.036% | $118K | $2.3M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0541% | 1h | 0.02519 | +0.081% | $270K | $114K | 10x | as long as short |
Nado MON-PERP
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
BloFin MON-USDT
Coinbase International MON-PERP-INTX
Perpl MON
Kraken Futures PF_MONUSD