Funding you earn now, next payment 22:00 UTC+0.0739%/8h= +80.9% APRnext payment +$0.92 per $10,000 · paid last 24h +0.029%
Price spread now: Deribit against Injective+0.089%7-day average — · you sell dearer than you buy
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—needs both histories
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Deribit is 0.089% dearer against Injective than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective MON/USDC PERP | 0.02587 | −0.0739 | get 0.0092% / 1h | 54m 44s | $6K | $107 | 5.5x |
| Short | Deribit MON_USDC-PERPETUAL | 0.02589 | 0 | get 0.0000% / 1h | 54m 44s | $64K | $103K | 25x |
Injective MON/USDC PERP
Deribit MON_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Injective. 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
- $155.14
- Price spread: +0.089% → 0.000%
- $8.89
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $157.02
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Deribit: live order book, 9 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 Injective no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 9 min ago | 8.25 bp | 14.3 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
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 PERPlong | −0.0739% | 1h | 0.02587 | long leg | $6K | $107 | 5.5x | |
| 01 Exchange MONUSD | −0.0424% | 1h | 0.02583 | −0.174% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02586 | −0.046% | $13K | $384K | 5x | as long as short |
| Deribit MON_USDC-PERPETUALshort | 0.0000% | 1h | 0.02589 | +0.089% | $64K | $103K | 25x | |
| Bybit MONUSDT | +0.0002% | 8h | 0.02578 | −0.329% | $21.6M | $11.8M | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0093% | 4h | 0.02587 | 0.000% | $17K | $64K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02584 | −0.116% | $847K | $753K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02577 | −0.370% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02590 | +0.099% | $347K | $535K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02585 | −0.077% | $34.8M | $7.4M | 5x | as long as short |
01 Exchange MONUSD
Phoenix MON
Bybit MONUSDT
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02585 | −0.077% | $108K | $233K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02584 | −0.117% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02582 | −0.201% | $143K | $108K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02581 | −0.219% | $24.6M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02573 | −0.541% | $4.4M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02610 | +0.889% | $110K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02580 | −0.271% | $1.0M | $926K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02576 | −0.425% | $2.7M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02579 | −0.290% | $775K | $403K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02589 | +0.058% | $48K | $241K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02590 | +0.099% | $580K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02587 | 0.000% | $69K | $482K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02588 | +0.039% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02582 | −0.179% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02587 | +0.012% | $39K | — | 3x | as long as short |
| Backpack MON_USDC_PERP | +0.0130% | 1h | 0.02588 | +0.027% | $136K | $137K | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0132% | 1h | 0.02589 | +0.066% | $259K | $59K | 10x | as long as short |
| BloFin MON-USDT | +0.0134% | 4h | 0.02587 | 0.000% | $1.4M | $242K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0313% / S −0.1052% | 1h | 0.02588 | +0.035% | $13K | — | 50x | as long as short |
| KuCoin MONUSDTM | +0.0366% | 4h | 0.02588 | +0.039% | $3.2M | $790K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0417% | 1h | 0.02595 | +0.316% | $2K | $73K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02588 | +0.031% | $145K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0648% | 1h | 0.02625 | +1.480% | $115K | $51K | 50x | as long as short |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Backpack MON_USDC_PERP
Kraken Futures PF_MONUSD
BloFin MON-USDT
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
Aftermath Perps MONUSD
Perpl MON
Coinbase International MON-PERP-INTX