MON

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Hyperliquid SpotUMON/USDC · Unit Monad	0.01694	spot	no funding	—	—	$17K	1x	Buy Hyperliquid Spot4% off
SHORT	HyperliquidMON	0.01700	+0.0100	get 0.0013% / 1h	48m 47s	$29.0M	$2.4M	5x	Short Hyperliquid4% off

Price gap+0.381%

Funding gap+0.0100% /8h

Both sides work: funding pays +$3 a day on $10k, and the gap is 0.312% above its 7d average: +$31 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$16+0.0100% /8h now · paid +0.163% over the last 7D

Price+$31spread +0.381% now, avg +0.068% → +0.312% if it goes back

Costsno datano order book for Hyperliquid Spot

Result, before costs+$48+0.48%+ Points / potential airdropHyperliquid: Season 2 · farm boardcosts unknown: no order book for Hyperliquid Spot ·

Price and funding

1h · history

Price spread

Prices

Fundingper 8h

PRICE SPREAD · 7D

Now+0.381%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MON on 37 exchanges

lowest funding first

Before you open

4 ok · 0 to watch

Note: Order book unknown—
No order-book sample for Hyperliquid Spot: its slippage is not counted.
Note: Spot in full, margin on the short$10,000 + $2,000
The spot leg is bought with the whole $10k; Hyperliquid runs at up to 5x. Only the short can be liquidated, when the price rises, while the spot leg's gain is not yet realised: keep about 2× the margin on Hyperliquid.
OK: Only the short pays funding— / 1h
The spot leg pays no funding; Hyperliquid settles every 1h.
Next 24h at the current rates, on $10k a leg: +$3.00Long Hyperliquid Spot: 0 payments, $0.00; short Hyperliquid: 24 payments, +$3.00.
OK: Entry gap works for you+0.381% vs +0.068%
You short the dearer leg. If the gap goes back to average, the short gains.
Note: Spot has no open interest$29.0M OI
Only Hyperliquid reports one; the spot book's depth is in the cost check above.
OK: Points on a legHyperliquid Season 2
Volume here counts toward the points program.
OK: No KYC on either legHyperliquid Spot No · Hyperliquid No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0078%/8h × 21 periods+$16.35

Price spread+0.381% → +0.068% (7d avg)+$31.24

Slippage, 4 ordersno data for Hyperliquid Spot—

Fee Hyperliquid Spot bp × 2 orders−$14.00

Fee Hyperliquid bp × 2 orders−$9.00

Net, fees only · 7 days · $10k+$24.59

Costs to cover0.230%Break-evenfrom the start

Slippage: Hyperliquid Spot: no order-book sample; Hyperliquid: live order book, 7 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGHyperliquid Spot—————

SELL · SHORTHyperliquid0.606.7 bp−$739.9 bp−$399doesn’t fitdoesn’t fit

Closing costs about the same again.
Hyperliquid Spot: no data.

MON news

posts that mention MON, from every exchange

11-02 14:33	Perpl	Listing	October Updates Here's what we shipped this month. Product: >NEAR, UNI and VVV perps now live >Standard fee model: charged on open and close. Same rates, same total fee >One-click reverse to flip an open position >Real-Time Funding Rates page with every market's rate, interval and next funding countdown >Funding heatmap showing the last 24h of funding per market, longs vs shorts >Market depth chart showing bid and ask liquidity >CSV export for trade, order, P&L and account history >7-day range added to Dashboard charts >Featured Builders section for third-party tools built on Perpl >Failed orders now show the exact reason >Order book snapshot added to the Market Data API >Margin Usage now shows equity committed to positions >Wallet detection, deposit flow and multiple display fixes read more: Community: > 3,261,041 trades in the last 30 days >$200k in mPoints distributed >mPoints extended 3 weeks with $50K in weekly trading rewards >MON rewards distributed within a week of the program ending >Metropolis hackathon completed: $5K for Best Use of API, $3K for Best Analytics / Risk Tool More soon. @perpltrade on X ↗
10-13 17:34	Bulk	Other	gmonad Trade $MON from @monad with up to 10x leverage now on @bulktrade on X ↗
10-13 15:16	Bulk	Listing	new market MON-USD ($MON) seen by our collector
10-08 13:37	RISEx	Listing	New stock and crypto listings this week: $SOXL $MON $WLD All live at 10x leverage @risextrade on X ↗
10-08 13:37	RISEx	Other	Trade now $SOXL: $MON: $WLD: @risextrade on X ↗
10-08 07:42	RISEx	Listing	new market MON/USDC ($MON) seen by our collector

MON