MON

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0104%/8h= +11.4% APRnext payment +$0.13 per $10,000 · paid last 24h −0.004%

Price spread now: Aevo against Phoenix−0.074%7-day average — · you buy dearer than you sell

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

Long on Phoenix Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.074% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.074% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.4 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix MON	0.02578	0	get 0.0000% / 1h	33m 03s	$13K	$360K	5x
Short	Aevo MON-PERP	0.02576	0.0104	get 0.0013% / 1h	33m 03s	$39K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Phoenix. 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 PhoenixbpFee AevobpOrdersPrice spread, now −0.074%Rate

Funding earned: $21.84
Price spread: −0.074% → 0.000%: −$7.37
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$8.53
Costs to cover: 0.230%
Break-even: 9.7 days

Slippage unknown: Phoenix: live order book, 43 min ago; Aevo: 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 Phoenix live order book, 43 min ago	1.16 bp	12.9 bp −$13	52.4 bp −$524	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	−0.0121%	1h	0.02576	−0.078%	$6K	$107	5.5x	as long as short
01 Exchange MONUSD	−0.0056%	1h	0.02575	−0.105%	$6K	$1K	5x	as long as short
Bybit MONUSDT	−0.0034%	8h	0.02573	−0.194%	$21.3M	$12.0M	50x	as long as short
Phoenix MONlong	0.0000%	1h	0.02578	long leg	$13K	$360K	5x
Perpl MON	0.0000%	43m	0.02578	+0.004%	$126K	$1.8M	10x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02577	−0.050%	$70K	$119K	25x	as long as short
Orderly PERP_MON_USDC	+0.0069%	4h	0.02574	−0.155%	$17K	$64K	10x	as long as short
Aftermath Perps MONUSD	+0.0088%	1h	0.02580	+0.084%	$2K	$75K	10x	as long as short
Paradex MON-USD-PERP	+0.0094%	8h	0.02574	−0.173%	$8K	$42	5x	as long as short
Lighter MON	+0.0096%	1h	0.02576	−0.078%	$855K	$793K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado MON-PERP	+0.0100%	1h	0.02579	+0.047%	$393K	$544K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02577	−0.035%	$34.9M	$7.6M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02576	−0.091%	$108K	$231K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02575	−0.120%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02575	−0.124%	$142K	$105K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02574	−0.167%	$24.5M	$25.4M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02571	−0.272%	$4.3M	$5.9M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02585	+0.266%	$108K	$3K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02574	−0.155%	$980K	$909K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02576	−0.078%	$2.7M	$1.8M	25x	as long as short
Backpack MON_USDC_PERP	+0.0100%	1h	0.02575	−0.124%	$128K	$141K	10x	as long as short
Variational Omni MON	+0.0100%	8h	0.02576	−0.070%	$779K	$408K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02579	+0.034%	$47K	$244K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02579	+0.024%	$584K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02576	−0.078%	$69K	$481K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02574	−0.155%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02579	+0.037%	$52K	$407K	10x	as long as short
Aevo MON-PERPshort	+0.0104%	1h	0.02576	−0.074%	$39K	—	3x
KuCoin MONUSDTM	+0.0260%	4h	0.02579	+0.039%	$3.0M	$716K	75x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0260% / S −0.0598%	1h	0.02576	−0.085%	$9K	—	50x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02572	−0.233%	$1.4M	$308K	75x	as long as short
Kraken Futures PF_MONUSD	+0.0419%	1h	0.02578	−0.011%	$271K	$78K	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0480%	1h	0.02609	+1.199%	$115K	$50K	50x	as long as short