Funding you earn now, next payment 01:38 UTC−0.0347%/8h= −37.9% APRpaid last 24h +0.024%
Price spread now: Pacifica against Perpl−0.012%46s7-day average −0.025% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.184%−$18 on $10k
+Price spread, last 4 days (all we have)−1.019%−$102 · spread now −0.012%, 7d avg −0.025%
=Together, before fees−1.203%+ Points / potential airdropPerpl: Active · Pacifica: Active · farm board−$120 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.184% in total (about -9.6% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl MON | 0.02551 | 0.0447 | pay 0.0040% / 43m | 15m 43s | $107K | $2.3M | 10x |
| Short | Pacifica MON | 0.02551 | 0.0100 | get 0.0013% / 1h | 10m 43s | $141K | $104K | 3x |
Perpl MON
Pacifica MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$72.77
- Price spread: −0.012% → −0.025%
- $1.29
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$93.28
- Costs to cover
- 0.218%
- Break-even
- never at this rate
Slippage unknown: Perpl: no order-book sample; Pacifica: live order book, 57 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 Pacifica live order book, 57 min ago | 5.79 bp | 20.8 bp −$21 | doesn't fit | 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 32 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 | −0.0388% | 1h | 0.02546 | −0.200% | $6K | $109 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0091% | 8h | 0.02546 | −0.204% | $21.0M | $12.8M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02552 | +0.035% | $13K | $349K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02552 | +0.031% | $69K | $125K | 25x | as long as short |
| 01 Exchange MONUSD | +0.0024% | 1h | 0.02550 | −0.051% | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0063% | 4h | 0.02552 | +0.035% | $16K | $51K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02550 | −0.043% | $850K | $742K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0098% | 8h | 0.02547 | −0.153% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02554 | +0.127% | $410K | $545K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02553 | +0.094% | $34.6M | $7.6M | 5x | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MONShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02552 | +0.036% | $102K | $229K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02551 | −0.013% | $13K | — | 5x | as long as short |
| Pacifica MONshort | +0.0100% | 1h | 0.02551 | −0.012% | $141K | $104K | 3x | |
| Binance MONUSDT | +0.0100% | 4h | 0.02550 | −0.045% | $24.3M | $26.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02546 | −0.200% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02545 | −0.244% | $106K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02550 | −0.043% | $954K | $905K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02553 | +0.074% | $2.9M | $743K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02550 | −0.043% | $2.7M | $2.0M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02553 | +0.086% | $119K | $156K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02547 | −0.178% | $758K | $419K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02547 | −0.173% | $43K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02550 | −0.043% | $571K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02548 | −0.122% | $68K | $497K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02551 | −0.004% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02550 | −0.039% | $51K | $513K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02551 | −0.012% | $39K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0429% | 1h | 0.02550 | −0.035% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0288% | 1h | 0.02550 | −0.032% | $2K | $79K | 10x | as long as short |
| Perpl MONlong | +0.0447% | 43m | 0.02551 | long leg | $107K | $2.3M | 10x | |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02556 | +0.184% | $112K | $52K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0837% | 1h | 0.02555 | +0.154% | $278K | $88K | 10x | as long as short |
Aster MONUSDT
dYdX MON-USD
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD