Funding you earn now, next payment 02:22 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.023%
Price spread now: Gate against Perpl+0.012%7-day average −0.074% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.221%−$22 on $10k
+Price spread, last 7 days−0.184%−$18 · spread now +0.012%, 7d avg −0.074%
=Together, before fees−0.404%+ Points / potential airdropPerpl: Active · farm board−$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Gate is 0.085% dearer against Perpl than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.074%. Mind the row above: over the last 7 days funding on this pair cost −0.221%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl MON | 0.02534 | 0 | get 0.0000% / 43m | 10m 21s | $105K | $2.3M | 10x |
| Short | Gate MON_USDT | 0.02534 | 0.0100 | get 0.0050% / 4h | 1h 22m | $954K | $953K | 50x |
Perpl MON
Gate MON_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Perpl. 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
- $21
- Price spread: +0.012% → −0.074%
- $8.54
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $0.74
- Costs to cover
- 0.288%
- Break-even
- 6.8 days
Slippage unknown: Perpl: no order-book sample; Gate: live order book, 40 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 Perpl no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 40 min ago | 3.94 bp | 21.6 bp −$22 | 306.9 bp −$3,069 | doesn't fit | doesn't fit |
Perpl: 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MON | −0.0316% | 1h | 0.02527 | −0.268% | $12K | $367K | 5x | as long as short |
| Injective MON/USDC PERP | −0.0253% | 1h | 0.02535 | +0.051% | $6K | $111 | 5.5x | as long as short |
| Backpack MON_USDC_PERP | −0.0249% | 1h | 0.02531 | −0.103% | $114K | $150K | 10x | as long as short |
| Bybit MONUSDT | −0.0154% | 8h | 0.02535 | +0.063% | $20.8M | $13.1M | 50x | as long as short |
| 01 Exchange MONUSD | 0.0000% | 1h | 0.02537 | +0.138% | $6K | $1K | 5x | as long as short |
| Perpl MONlong | 0.0000% | 43m | 0.02534 | long leg | $105K | $2.3M | 10x | |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02539 | +0.217% | $68K | $125K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0085% | 4h | 0.02538 | +0.170% | $16K | $51K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02539 | +0.209% | $847K | $738K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02536 | +0.078% | $8K | $42 | 5x | as long as short |
Phoenix MON
Injective MON/USDC PERP
Backpack MON_USDC_PERP
Bybit MONUSDT
01 Exchange MONUSD
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado MON-PERP | +0.0100% | 1h | 0.02538 | +0.187% | $414K | $544K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02536 | +0.095% | $34.3M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02535 | +0.038% | $101K | $222K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02532 | −0.057% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02536 | +0.087% | $140K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02537 | +0.128% | $24.2M | $26.5M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02535 | +0.051% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02520 | −0.540% | $103K | $5K | 10x | as long as short |
| Gate MON_USDTshort | +0.0100% | 4h | 0.02534 | +0.012% | $954K | $953K | 50x | |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02535 | +0.051% | $2.9M | $743K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02540 | +0.249% | $2.7M | $2.1M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02518 | −0.601% | $748K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02523 | −0.431% | $41K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02527 | −0.264% | $565K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02526 | −0.304% | $68K | $501K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02536 | +0.091% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02537 | +0.117% | $50K | $516K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02538 | +0.166% | $38K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0230% | 1h | 0.02531 | −0.122% | $2K | $74K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02536 | +0.075% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02530 | −0.146% | $1.3M | $321K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0490% | 1h | 0.02539 | +0.192% | $272K | $110K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02538 | +0.150% | $111K | $56K | 50x | as long as short |
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX