MON

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0498%/8h= +54.5% APRnext payment +$0.62 per $10,000 · paid last 24h +0.071%

Price spread now: GMX against Nado−0.622%52s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Nado Short on GMX

What this pair did over the last

the charts below follow

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—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. GMX is 0.622% cheaper against Nado than usual: you would sell low and buy high (spread −0.622% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$62 on $10k: about 4.2 days of funding at the current rate (+$15 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado MON-PERP	0.02605	0.0100	pay 0.0012% / 1h	13m 30s	$402K	$525K	10x
Short	GMX MON/USD [ETH-USDC]	0.02589	L +0.0261% / S −0.0598%	get 0.0075% / 1h	13m 30s	$9K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Nado. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee NadobpFee GMXbpOrdersPrice spread, now −0.622%Rate

Funding earned: $104.54
Price spread: −0.622% → 0.000%: −$62.17
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: $23.38
Costs to cover: 0.190%
Break-even: 5.4 days

Slippage unknown: Nado: live order book, 60 min ago; GMX: 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 Nado live order book, 60 min ago	2.15 bp	10.3 bp −$10	1151.7 bp −$11.5K	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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 PERP	−0.0444%	1h	0.02570	−1.362%	$6K	$108	5.5x	as long as short
Phoenix MON	0.0000%	1h	0.02601	−0.169%	$14K	$351K	5x	as long as short
01 Exchange MONUSD	+0.0016%	1h	0.02599	−0.265%	$6K	$1K	5x	as long as short
Orderly PERP_MON_USDC	+0.0063%	4h	0.02590	−0.595%	$17K	$59K	10x	as long as short
Bybit MONUSDT	+0.0068%	8h	0.02600	−0.223%	$21.6M	$12.2M	50x	as long as short
Paradex MON-USD-PERP	+0.0091%	8h	0.02592	−0.521%	$8K	$42	5x	as long as short
Lighter MON	+0.0096%	1h	0.02592	−0.518%	$863K	$755K	10x	as long as short
Nado MON-PERPlong	+0.0100%	1h	0.02605	long leg	$402K	$525K	10x
Hyperliquid MON	+0.0100%	1h	0.02594	−0.441%	$35.2M	$7.5M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02594	−0.455%	$108K	$231K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX MON-USD	+0.0100%	1h	0.02591	−0.547%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02592	−0.518%	$143K	$103K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02602	−0.145%	$24.9M	$25.3M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02600	−0.211%	$4.4M	$5.9M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02560	−1.730%	$106K	$4K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02591	−0.556%	$979K	$924K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02603	−0.096%	$2.8M	$1.9M	25x	as long as short
Backpack MON_USDC_PERP	+0.0100%	1h	0.02598	−0.280%	$131K	$141K	10x	as long as short
Variational Omni MON	+0.0100%	8h	0.02572	−1.301%	$773K	$411K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02582	−0.910%	$44K	$249K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02584	−0.807%	$578K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02584	−0.825%	$69K	$488K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02596	−0.365%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02597	−0.329%	$50K	$517K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02593	−0.499%	$39K	—	3x	as long as short
KuCoin MONUSDTM	+0.0122%	4h	0.02591	−0.556%	$3.0M	$727K	75x	as long as short
Aftermath Perps MONUSD	+0.0204%	1h	0.02579	−1.019%	$4K	$74K	10x	as long as short
Deribit MON_USDC-PERPETUAL	+0.0213%	1h	0.02592	−0.526%	$70K	$119K	25x	as long as short
GMX MON/USD [ETH-USDC]short	L +0.0261% / S −0.0598%	1h	0.02589	−0.622%	$9K	—	50x
BloFin MON-USDT	+0.0340%	4h	0.02577	−1.094%	$1.4M	$307K	75x	as long as short
Perpl MON	+0.0447%	43m	0.02588	−0.656%	$123K	$2.1M	10x	as long as short
Kraken Futures PF_MONUSD	+0.0459%	1h	0.02601	−0.162%	$273K	$78K	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0808%	1h	0.02587	−0.691%	$113K	$51K	50x	as long as short