Funding you earn now, next payment 02:00 UTC+0.0488%/8h= +53.4% APRnext payment +$0.61 per $10,000 · paid last 24h +0.012%
Price spread now: SoDEX against Injective+0.315%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and SoDEX is 0.315% dearer against Injective than usual: you sell high and buy low: +$31 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 | 0.02541 | −0.0388 | get 0.0048% / 1h | 50m 32s | $6K | $106 | 5.5x |
| Short | SoDEX MON-USD | 0.02549 | 0.0100 | get 0.0013% / 1h | 50m 32s | $5K | $6K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $102.47
- Price spread: +0.315% → 0.000%
- $31.48
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $125.94
- Costs to cover
- 0.080%
- Break-even
- from the start
Slippage unknown: Injective: 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 Injective no order-book sample | — | — | — | — | — |
| Sell SoDEX no order-book sample | — | — | — | — | — |
Injective 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 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 | −0.0388% | 1h | 0.02541 | long leg | $6K | $106 | 5.5x | |
| 01 Exchange MONUSD | −0.0024% | 1h | 0.02554 | +0.523% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02538 | −0.118% | $13K | $349K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02550 | +0.338% | $69K | $119K | 25x | as long as short |
| Bybit MONUSDT | +0.0050% | 8h | 0.02551 | +0.394% | $21.2M | $12.4M | 50x | as long as short |
| ApeX Omni MONUSDT | +0.0050% | 1h | 0.02554 | +0.512% | $69K | $489K | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0060% | 4h | 0.02550 | +0.354% | $16K | $60K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0095% | 8h | 0.02554 | +0.525% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02557 | +0.630% | $852K | $740K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02558 | +0.664% | $406K | $538K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02553 | +0.477% | $105K | $229K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02555 | +0.544% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02555 | +0.535% | $141K | $103K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02553 | +0.476% | $24.4M | $25.8M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02551 | +0.394% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02545 | +0.175% | $106K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02553 | +0.472% | $960K | $886K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02554 | +0.512% | $2.9M | $741K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02553 | +0.472% | $2.7M | $2.0M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02553 | +0.484% | $119K | $158K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02548 | +0.280% | $766K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02549 | +0.334% | $44K | $248K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02553 | +0.457% | $573K | $1.5M | 10x | as long as short |
| SoDEX MON-USDshort | +0.0100% | 1h | 0.02549 | +0.315% | $5K | $6K | 5x | |
| Extended MON-USD | +0.0104% | 1h | 0.02557 | +0.627% | $49K | $520K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02550 | +0.354% | $39K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02552 | +0.429% | $9K | — | 50x | as long as short |
| Hyperliquid MON | +0.0290% | 1h | 0.02555 | +0.559% | $34.8M | $7.5M | 5x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02549 | +0.315% | $1.4M | $310K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0346% | 1h | 0.02555 | +0.534% | $4K | $74K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02553 | +0.472% | $115K | $2.1M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02557 | +0.634% | $112K | $52K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0838% | 1h | 0.02553 | +0.468% | $278K | $88K | 10x | as long as short |
Injective MON/USDC PERP
SoDEX MON-USD
01 Exchange MONUSD
Phoenix MON
Deribit MON_USDC-PERPETUAL
Bybit MONUSDT
ApeX Omni MONUSDT
Paradex MON-USD-PERP
Lighter MON
Aster MONUSDT
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
Extended MON-USD
GMX MON/USD [ETH-USDC]
Hyperliquid MON
BloFin MON-USDT
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD