Funding you earn now, next payment 07:00 UTC+0.0331%/8h= +36.3% APRnext payment +$0.41 per $10,000 · paid last 24h +0.015%
Price spread now: Deribit against SoDEX+0.056%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 +$10 a day on $10k at the current rate, and Deribit is 0.056% dearer against SoDEX than usual: you sell high and buy low: +$6 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 | 0.02496 | 0.0100 | pay 0.0013% / 1h | 36m 23s | $5K | $6K | 5x |
| Short | Deribit MON_USDC-PERPETUAL | 0.02497 | 0.0431 | get 0.0054% / 1h | 36m 23s | $73K | $135K | 25x |
SoDEX MON-USD
Deribit MON_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $69.55
- Price spread: +0.056% → 0.000%
- $5.61
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $60.15
- Costs to cover
- 0.150%
- Break-even
- 0.9 days
Slippage unknown: SoDEX: no order-book sample; Deribit: live order book, 48 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 Deribit live order book, 48 min ago | 10.10 bp | 13.6 bp −$14 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MON | 0.0000% | 1h | 0.02503 | +0.276% | $13K | $353K | 5x | as long as short |
| Bybit MONUSDT | +0.0058% | 8h | 0.02491 | −0.200% | $20.5M | $13.7M | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0086% | 4h | 0.02493 | −0.120% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02494 | −0.080% | $800K | $787K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02491 | −0.204% | $7K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02495 | −0.032% | $396K | $572K | 10x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02494 | −0.088% | $99K | $221K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02494 | −0.067% | $12K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02493 | −0.120% | $138K | $91K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02492 | −0.160% | $23.7M | $27.5M | 75x | as long as short |
Phoenix MON
Bybit MONUSDT
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02492 | −0.160% | $4.2M | $6.1M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02500 | +0.160% | $103K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02492 | −0.160% | $933K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02498 | +0.080% | $2.8M | $762K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02492 | −0.160% | $2.7M | $2.2M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02496 | −0.016% | $111K | $155K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02496 | −0.017% | $741K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02493 | −0.119% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02500 | +0.160% | $555K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02498 | +0.080% | $68K | $534K | 50x | as long as short |
| SoDEX MON-USDlong | +0.0100% | 1h | 0.02496 | long leg | $5K | $6K | 5x | |
| Extended MON-USD | +0.0104% | 1h | 0.02495 | −0.057% | $48K | $266K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02496 | −0.020% | $38K | — | 3x | as long as short |
| Injective MON/USDC PERP | +0.0109% | 1h | 0.02503 | +0.280% | $5K | $110 | 5.5x | as long as short |
| Aftermath Perps MONUSD | +0.0218% | 1h | 0.02496 | +0.004% | $6K | $98K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0230% / S −0.0246% | 1h | 0.02492 | −0.168% | $6K | — | 50x | as long as short |
| 01 Exchange MONUSD | +0.0240% | 1h | 0.02492 | −0.160% | $7K | $2K | 5x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02498 | +0.080% | $1.3M | $348K | 75x | as long as short |
| Hyperliquid MON | +0.0401% | 1h | 0.02493 | −0.116% | $33.7M | $7.8M | 5x | as long as short |
| Deribit MON_USDC-PERPETUALshort | +0.0431% | 1h | 0.02497 | +0.056% | $73K | $135K | 25x | |
| Perpl MON | +0.0447% | 43m | 0.02493 | −0.128% | $114K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0576% | 1h | 0.02508 | +0.489% | $110K | $54K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0845% | 1h | 0.02500 | +0.165% | $269K | $118K | 10x | as long as short |
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
Extended MON-USD
Aevo MON-PERP
Injective MON/USDC PERP
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
01 Exchange MONUSD
BloFin MON-USDT
Hyperliquid MON
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD