MON

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	MEXCMONAD_USDT	0.02142	−0.0040	get 0.0020% / 4h	2h 51m	$3.0M	$746K	50x	Long MEXC
SHORT	PhoenixMON	0.02142	−0.0372	pay 0.0047% / 1h	51m 50s	$10K	$129K	5x	Short Phoenix

Price gap−0.023%

Funding gap−0.0332% /8h

Both sides work against this direction now: funding costs $10 a day on $10k and the gap is 0.093% under its 7d average. Swap the legs.

If you open now and hold

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

Funding−$15−0.0332% /8h now · paid −0.147% over the last 7D

Price−$9spread −0.023% now, avg +0.070% → −0.093% if it goes back

Costs−$620.615% of $10k · taker + slippage, in and out

Result−$85−0.85%no pointsWhat the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.147% in total, about −0.0070%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.023%

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 38 exchanges

lowest funding first

Before you open

0 ok · 5 to watch

Watch: Thin at this size10.3 / 20.3 bp
At $10k entering Phoenix costs 20.3 bp, fee and slippage, 2.0× MEXC’s.
Note: Margin at max leverage$200 + $2,000
MEXC 50x, Phoenix 5x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$9.97Long MEXC: 6 payments, +$1.20; short Phoenix: 24 payments, −$11.17.
Watch: Gap narrower than usual−0.023% vs +0.070%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Short leg is thinner$10K vs $3.0M OI
Phoenix sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCMEXC Yes · Phoenix No
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0070%/8h × 21 periods−$14.68

Price spread−0.023% → +0.070% (7d avg)−$9.29

Slippage, 4 orderslive order books−$50.51

Fee MEXC bp × 2 orders−$4.00

Fee Phoenix bp × 2 orders−$7.00

Net · 7 days · $10k−$85.48

Costs to cover0.615%Break-evennever at this rate

Slippage: MEXC: live order book, 4 min ago; Phoenix: live order book, 1 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGMEXC2.3310.3 bp−$1024.5 bp−$245193.3 bp−$19.3Kdoesn’t fit

SELL · SHORTPhoenix2.8020.3 bp−$2058.3 bp−$583doesn’t fitdoesn’t fit

Closing costs about the same again.

MON news

posts that mention MON, from every exchangeSearch all news →

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
10-06 08:33	ApeX Omni	Other	21 up, 65 down on the ApeX board, median -1.7%. A proper red day. filecoin:native +12.2% is the exception. @protocollabs and Foundation vesting ends this month, which Filecoin estimates cuts gross issuance about 75%. @monad $MON -11.8% is the worst. @OfficialApeXdex on X ↗

MON