Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Bulk against Nado−0.244%7-day average −0.165% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$820.819% of the position
Funding, last 3 days (all we have)−0.005%$0 on $10k
+Price spread, last 3 days (all we have)−0.288%−$29 · spread now −0.244%, 7d avg −0.165%
=Together, before fees−0.293%+ Points / potential airdropNado: Active · farm board−$29 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.078% cheaper against Nado than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.165%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MON-PERP | 0.02587 | 0.0100 | pay 0.0012% / 1h | 39m 14s | $363K | $540K | 10x |
| Short | Bulk MON-USD | 0.02581 | 0.0100 | get 0.0013% / 1h | 39m 14s | $108K | $3K | 10x |
Nado MON-PERP
Bulk MON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Nado. 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
- $0
- Price spread: −0.244% → −0.165%
- −$7.84
- Slippage, 4 orders
- −$67.91
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$89.75
- Costs to cover
- 0.819%
- Break-even
- 230233594673204.4 days
Slippage from Nado: live order book, 48 min ago; Bulk: live order book, 49 min ago.
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 Nado live order book, 48 min ago | 1.75 bp | 9.6 bp −$10 | 1148.4 bp −$11.5K | doesn't fit | doesn't fit |
| Sell Bulk live order book, 49 min ago | 19.34 bp | 38.8 bp −$39 | 74.4 bp −$744 | 211.8 bp −$21.2K | doesn't fit |
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 PERP | −0.0739% | 1h | 0.02587 | −0.005% | $6K | $107 | 5.5x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0252% | 1h | 0.02587 | −0.009% | $63K | $110K | 25x | as long as short |
| 01 Exchange MONUSD | −0.0216% | 1h | 0.02584 | −0.136% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02587 | +0.003% | $13K | $384K | 5x | as long as short |
| Bybit MONUSDT | +0.0012% | 8h | 0.02582 | −0.186% | $21.6M | $11.8M | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0092% | 4h | 0.02585 | −0.082% | $17K | $64K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02586 | −0.043% | $847K | $753K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0097% | 8h | 0.02586 | −0.046% | $8K | $42 | 5x | as long as short |
| Nado MON-PERPlong | +0.0100% | 1h | 0.02587 | long leg | $363K | $540K | 10x | |
| Hyperliquid MON | +0.0100% | 1h | 0.02587 | −0.020% | $34.9M | $7.4M | 5x | as long as short |
Injective MON/USDC PERP
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Phoenix MON
Bybit MONUSDT
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-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 | 0.02586 | −0.049% | $108K | $233K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02588 | +0.028% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02587 | −0.005% | $143K | $107K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02585 | −0.082% | $24.6M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02582 | −0.198% | $4.4M | $6.0M | 50x | as long as short |
| Bulk MON-USDshort | +0.0100% | 1h | 0.02581 | −0.244% | $108K | $3K | 10x | |
| Gate MON_USDT | +0.0100% | 4h | 0.02587 | −0.005% | $1.0M | $929K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02587 | −0.005% | $2.7M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02584 | −0.140% | $777K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02585 | −0.068% | $47K | $242K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02588 | +0.035% | $581K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02587 | −0.005% | $69K | $482K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02584 | −0.121% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02589 | +0.069% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02584 | −0.105% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0132% | 1h | 0.02588 | +0.015% | $263K | $63K | 10x | as long as short |
| BloFin MON-USDT | +0.0142% | 4h | 0.02582 | −0.198% | $1.4M | $242K | 75x | as long as short |
| Backpack MON_USDC_PERP | +0.0257% | 1h | 0.02590 | +0.096% | $137K | $137K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02588 | +0.045% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0306% | 1h | 0.02587 | −0.016% | $2K | $73K | 10x | as long as short |
| KuCoin MONUSDTM | +0.0338% | 4h | 0.02591 | +0.150% | $3.2M | $747K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02587 | −0.016% | $145K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0648% | 1h | 0.02595 | +0.324% | $114K | $51K | 50x | as long as short |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
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
Kraken Futures PF_MONUSD
BloFin MON-USDT
Backpack MON_USDC_PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
KuCoin MONUSDTM
Perpl MON
Coinbase International MON-PERP-INTX