Funding you earn now, next payment 04:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h +0.002%
Price spread now: Gate against Orderly+0.272%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.033%+$3 on $10k
+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 +$1 a day on $10k at the current rate, and Gate is 0.272% dearer against Orderly than usual: you sell high and buy low: +$27 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 | Orderly PERP_MON_USDC | 0.02571 | 0.0070 | pay 0.0035% / 4h | 3h 43m | $17K | $64K | 10x |
| Short | Gate MON_USDT | 0.02578 | 0.0100 | get 0.0050% / 4h | 3h 43m | $983K | $894K | 50x |
Orderly PERP_MON_USDC
Gate MON_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $6.33
- Price spread: +0.272% → 0.000%
- $27.23
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $12.56
- Costs to cover
- 0.210%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; Gate: live order book, 28 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 Gate live order book, 28 min ago | 7.83 bp | 25.4 bp −$25 | 337.4 bp −$3,374 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0444% | 1h | 0.02556 | −0.583% | $6K | $105 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02555 | −0.642% | $13K | $351K | 5x | as long as short |
| Backpack MON_USDC_PERP | +0.0016% | 1h | 0.02576 | +0.175% | $128K | $141K | 10x | as long as short |
| 01 Exchange MONUSD | +0.0048% | 1h | 0.02573 | +0.074% | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDClong | +0.0070% | 4h | 0.02571 | long leg | $17K | $64K | 10x | |
| Lighter MON | +0.0096% | 1h | 0.02575 | +0.156% | $855K | $751K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0098% | 8h | 0.02570 | −0.039% | $8K | $42 | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0100% | 1h | 0.02573 | +0.093% | $69K | $119K | 25x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02576 | +0.206% | $393K | $540K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02578 | +0.288% | $35.0M | $7.7M | 5x | as long as short |
Injective MON/USDC PERP
Phoenix MON
Backpack MON_USDC_PERP
01 Exchange MONUSD
Lighter MON
Paradex MON-USD-PERP
Deribit MON_USDC-PERPETUAL
Nado MON-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 | 0.02574 | +0.109% | $107K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02567 | −0.163% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02570 | −0.043% | $142K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02580 | +0.348% | $24.7M | $25.6M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02587 | +0.611% | $21.4M | $12.2M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02587 | +0.622% | $4.3M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02550 | −0.817% | $105K | $2K | 10x | as long as short |
| Gate MON_USDTshort | +0.0100% | 4h | 0.02578 | +0.272% | $983K | $894K | 50x | |
| Bitget MONUSDT | +0.0100% | 4h | 0.02583 | +0.467% | $2.7M | $1.9M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02558 | −0.521% | $771K | $407K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02552 | −0.720% | $47K | $244K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02556 | −0.570% | $579K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02559 | −0.467% | $68K | $484K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02573 | +0.078% | $5K | $6K | 5x | as long as short |
| Aftermath Perps MONUSD | +0.0100% | 1h | 0.02560 | −0.427% | $3K | $75K | 10x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02585 | +0.562% | $51K | $460K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02573 | +0.062% | $39K | — | 3x | as long as short |
| KuCoin MONUSDTM | +0.0200% | 4h | 0.02580 | +0.350% | $3.0M | $721K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02573 | +0.058% | $8K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02553 | −0.700% | $1.3M | $306K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02572 | +0.031% | $123K | $1.8M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0464% | 1h | 0.02577 | +0.235% | $271K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02568 | −0.124% | $113K | $49K | 50x | as long as short |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
Bybit MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Aftermath Perps MONUSD
Extended MON-USD
Aevo MON-PERP
KuCoin MONUSDTM
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX