Funding you earn now, next payment 00:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.12 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Orderly−0.047%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Aster is 0.047% cheaper against Orderly than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 6.4 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_MON_USDC | 0.02592 | 0.0075 | pay 0.0038% / 4h | 1h 55m | $17K | $64K | 10x |
| Short | Aster MONUSDT | 0.02591 | 0.0100 | get 0.0050% / 4h | 1h 55m | $108K | $233K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Orderly. 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
- $5.17
- Price spread: −0.047% → 0.000%
- −$4.71
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$13.55
- Costs to cover
- 0.140%
- Break-even
- 25.4 days
Slippage unknown: Orderly: no order-book sample; Aster: live order book, 26 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 26 min ago | 17.30 bp | 32.9 bp −$33 | doesn't fit | doesn't fit | doesn't fit |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange MONUSD | −0.0560% | 1h | 0.02590 | −0.073% | $6K | $1K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0058% | 1h | 0.02595 | +0.100% | $70K | $117K | 25x | as long as short |
| Injective MON/USDC PERP | −0.0053% | 1h | 0.02582 | −0.386% | $6K | $107 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0034% | 8h | 0.02593 | +0.039% | $21.6M | $11.8M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02582 | −0.374% | $13K | $362K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02593 | +0.027% | $145K | $1.8M | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0023% | 1h | 0.02586 | −0.231% | $2K | $73K | 10x | as long as short |
| BloFin MON-USDT | +0.0043% | 4h | 0.02581 | −0.424% | $1.4M | $245K | 75x | as long as short |
| Paradex MON-USD-PERP | +0.0065% | 8h | 0.02590 | −0.091% | $8K | $42 | 5x | as long as short |
| Orderly PERP_MON_USDClong | +0.0075% | 4h | 0.02592 | long leg | $17K | $64K | 10x |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MON | +0.0096% | 1h | 0.02595 | +0.116% | $848K | $760K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02594 | +0.084% | $390K | $534K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02597 | +0.201% | $35.0M | $7.5M | 5x | as long as short |
| Aster MONUSDTshort | +0.0100% | 4h | 0.02591 | −0.047% | $108K | $233K | 10x | |
| dYdX MON-USD | +0.0100% | 1h | 0.02589 | −0.120% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02590 | −0.062% | $143K | $106K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02593 | +0.037% | $24.6M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02593 | +0.039% | $4.4M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02580 | −0.465% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02592 | 0.000% | $1.0M | $862K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02595 | +0.116% | $2.8M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02578 | −0.524% | $777K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02580 | −0.458% | $47K | $242K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02584 | −0.318% | $581K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02580 | −0.463% | $69K | $480K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02593 | +0.039% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02598 | +0.226% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02593 | +0.019% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0172% | 1h | 0.02597 | +0.174% | $268K | $67K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02594 | +0.085% | $9K | — | 50x | as long as short |
| KuCoin MONUSDTM | +0.0308% | 4h | 0.02596 | +0.154% | $3.2M | $747K | 75x | as long as short |
| Backpack MON_USDC_PERP | +0.0423% | 1h | 0.02596 | +0.143% | $139K | $137K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02607 | +0.567% | $114K | $50K | 50x | as long as short |
Aster MONUSDT
01 Exchange MONUSD
Deribit MON_USDC-PERPETUAL
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Aftermath Perps MONUSD
BloFin MON-USDT
Paradex MON-USD-PERP
Lighter MON
Hyperliquid MON
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
Kraken Futures PF_MONUSD
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
Backpack MON_USDC_PERP
Coinbase International MON-PERP-INTX