Funding you earn now, next payment 04:00 UTC−0.0476%/8h= −52.1% APRnext payment −$0.59 per $10,000 · paid last 24h −0.053%
Price spread now: 01 Exchange against Hyperliquid−0.207%49s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and 01 Exchange is 0.207% cheaper against Hyperliquid than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MON | 0.02512 | 0.0100 | pay 0.0013% / 1h | 31m 43s | $33.9M | $7.5M | 5x |
| Short | 01 Exchange MONUSD | 0.02507 | −0.0376 | pay 0.0047% / 1h | 31m 43s | $6K | $1K | 5x |
Hyperliquid MON
01 Exchange MONUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- −$99.96
- Price spread: −0.207% → 0.000%
- −$20.7
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$136.66
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 11 min ago; 01 Exchange: 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 Hyperliquid live order book, 11 min ago | 0.20 bp | 11.8 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange MONUSDshort | −0.0376% | 1h | 0.02507 | −0.207% | $6K | $1K | 5x | |
| Backpack MON_USDC_PERP | −0.0262% | 1h | 0.02510 | −0.092% | $113K | $152K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0176% | 1h | 0.02498 | −0.557% | $5K | $112 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0160% | 8h | 0.02509 | −0.111% | $20.6M | $13.3M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02501 | −0.454% | $12K | $359K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02509 | −0.111% | $107K | $2.3M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02508 | −0.151% | $74K | $136K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0071% | 4h | 0.02507 | −0.199% | $16K | $41K | 10x | as long as short |
| Variational Omni MON | +0.0074% | 8h | 0.02489 | −0.933% | $737K | $407K | — | as long as short |
| Paradex MON-USD-PERP | +0.0090% | 8h | 0.02506 | −0.232% | $8K | $42 | 5x | as long as short |
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Variational Omni MON
Paradex MON-USD-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MON | +0.0096% | 1h | 0.02512 | 0.000% | $846K | $749K | 10x | as long as short |
| Hyperliquid MONlong | +0.0100% | 1h | 0.02512 | long leg | $33.9M | $7.5M | 5x | |
| Aster MONUSDT | +0.0100% | 4h | 0.02508 | −0.157% | $101K | $222K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02510 | −0.089% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02506 | −0.223% | $138K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02510 | −0.080% | $23.9M | $26.8M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02510 | −0.080% | $4.2M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02495 | −0.687% | $102K | $5K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02509 | −0.119% | $952K | $986K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02507 | −0.199% | $2.8M | $752K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02510 | −0.080% | $2.7M | $2.2M | 25x | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02496 | −0.629% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02499 | −0.504% | $560K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02498 | −0.557% | $67K | $508K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02509 | −0.107% | $429K | $573K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02507 | −0.199% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02510 | −0.081% | $48K | $521K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02506 | −0.227% | $38K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0249% | 1h | 0.02501 | −0.446% | $2K | $74K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02508 | −0.171% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02501 | −0.438% | $1.3M | $337K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0408% | 1h | 0.02514 | +0.060% | $110K | $57K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0543% | 1h | 0.02511 | −0.033% | $269K | $114K | 10x | as long as short |
Lighter MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Nado MON-PERP
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD