Funding you earn now, next payment 22:00 UTC+0.0436%/8h= +47.7% APRnext payment +$0.54 per $10,000 · paid last 24h +0.223%
Price spread now: Coinbase International against SoDEX+1.074%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Coinbase International is 1.074% dearer against SoDEX than usual: you sell high and buy low: +$107 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 | SoDEX MON-USD | 0.02579 | 0.0100 | pay 0.0013% / 1h | 36m 14s | $5K | $6K | 5x |
| Short | Coinbase International MON-PERP-INTX | 0.02607 | 0.0536 | get 0.0067% / 1h | 36m 14s | $114K | $49K | 50x |
SoDEX MON-USD
Coinbase International MON-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against SoDEX. 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
- $91.56
- Price spread: +1.074% → 0.000%
- $107.41
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $180.97
- Costs to cover
- 0.180%
- Break-even
- from the start
Slippage unknown: SoDEX: no order-book sample; Coinbase International: live order book, 46 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 46 min ago | 16.34 bp | 21.7 bp −$22 | doesn't fit | doesn't fit | doesn't fit |
SoDEX: 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 | −0.0053% | 1h | 0.02582 | +0.116% | $6K | $107 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0045% | 8h | 0.02575 | −0.140% | $21.4M | $11.7M | 50x | as long as short |
| 01 Exchange MONUSD | −0.0024% | 1h | 0.02581 | +0.058% | $6K | $1K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0021% | 1h | 0.02581 | +0.089% | $70K | $119K | 25x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02584 | +0.194% | $13K | $362K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02581 | +0.070% | $143K | $1.8M | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0023% | 1h | 0.02588 | +0.347% | $2K | $73K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0070% | 4h | 0.02579 | 0.000% | $17K | $64K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0078% | 8h | 0.02581 | +0.068% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02579 | 0.000% | $854K | $773K | 10x | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Deribit MON_USDC-PERPETUAL
Phoenix MON
Perpl MON
Aftermath Perps MONUSD
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Lighter MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado MON-PERP | +0.0100% | 1h | 0.02585 | +0.249% | $388K | $537K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02584 | +0.182% | $34.9M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02585 | +0.224% | $108K | $230K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02587 | +0.303% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02584 | +0.190% | $143K | $107K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02577 | −0.061% | $24.5M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02575 | −0.155% | $4.4M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02585 | +0.248% | $109K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02582 | +0.116% | $1.0M | $864K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02583 | +0.155% | $2.7M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02587 | +0.318% | $780K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02589 | +0.395% | $48K | $243K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02592 | +0.503% | $581K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02590 | +0.427% | $69K | $480K | 50x | as long as short |
| SoDEX MON-USDlong | +0.0100% | 1h | 0.02579 | long leg | $5K | $6K | 5x | |
| Extended MON-USD | +0.0104% | 1h | 0.02584 | +0.198% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02579 | 0.000% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0174% | 1h | 0.02580 | +0.043% | $266K | $70K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02582 | +0.097% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02585 | +0.233% | $1.3M | $294K | 75x | as long as short |
| KuCoin MONUSDTM | +0.0344% | 4h | 0.02587 | +0.310% | $3.2M | $726K | 75x | as long as short |
| Backpack MON_USDC_PERP | +0.0354% | 1h | 0.02585 | +0.229% | $138K | $136K | 10x | as long as short |
| Coinbase International MON-PERP-INTXshort | +0.0536% | 1h | 0.02607 | +1.074% | $114K | $49K | 50x |
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
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
Extended MON-USD
Aevo MON-PERP
Kraken Futures PF_MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
KuCoin MONUSDTM
Backpack MON_USDC_PERP