Funding you earn now, next payment 04:00 UTC−0.0007%/8h= −0.8% APRpaid last 24h 0.000%
Price spread now: Variational Omni against SoDEX−0.295%7-day average — · you buy dearer than you sell
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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.295% cheaper against SoDEX than usual: you would sell low and buy high, −$30 on $10k if it 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 | 0.02518 | 0.0100 | pay 0.0013% / 1h | 2m 20s | $5K | $6K | 5x |
| Short | Variational Omni MON | 0.02511 | 0.0093 | get 0.0093% / 8h | 4h 02m | $743K | $410K | — |
SoDEX MON-USD
Variational Omni MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$1.55
- Price spread: −0.295% → 0.000%
- −$29.54
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$39.1
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Variational Omni: RFQ quote, 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 57 min ago | 13.92 bp | doesn't fit | 117.3 bp −$1,173 | 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 | −0.0176% | 1h | 0.02507 | −0.437% | $5K | $114 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0152% | 1h | 0.02518 | 0.000% | $6K | $1K | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.0101% | 1h | 0.02521 | +0.103% | $114K | $151K | 10x | as long as short |
| Bybit MONUSDT | −0.0101% | 8h | 0.02518 | 0.000% | $20.8M | $13.3M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02517 | −0.052% | $12K | $359K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02520 | +0.064% | $74K | $136K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0072% | 4h | 0.02519 | +0.040% | $16K | $34K | 10x | as long as short |
| Variational Omni MONshort | +0.0093% | 8h | 0.02511 | −0.295% | $743K | $410K | — | |
| Paradex MON-USD-PERP | +0.0095% | 8h | 0.02516 | −0.066% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02519 | +0.040% | $848K | $749K | 10x | as long as short |
Injective MON/USDC PERP
01 Exchange MONUSD
Backpack MON_USDC_PERP
Bybit MONUSDT
Phoenix MON
Deribit MON_USDC-PERPETUAL
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 | 0.02520 | +0.088% | $426K | $578K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02522 | +0.143% | $34.0M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02518 | −0.015% | $101K | $222K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02518 | −0.019% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02518 | +0.020% | $139K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02517 | −0.040% | $23.9M | $26.9M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02518 | 0.000% | $4.2M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02510 | −0.318% | $103K | $5K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02517 | −0.040% | $944K | $994K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02519 | +0.040% | $2.8M | $757K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02519 | +0.040% | $2.7M | $2.2M | 25x | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02511 | −0.297% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02518 | 0.000% | $564K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02511 | −0.278% | $68K | $513K | 50x | as long as short |
| SoDEX MON-USDlong | +0.0100% | 1h | 0.02518 | long leg | $5K | $6K | 5x | |
| Extended MON-USD | +0.0104% | 1h | 0.02521 | +0.131% | $49K | $519K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02518 | +0.012% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02519 | +0.060% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0269% | 1h | 0.02516 | −0.090% | $2K | $74K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02516 | −0.079% | $1.3M | $339K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0408% | 1h | 0.02518 | +0.004% | $110K | $57K | 50x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02521 | +0.135% | $114K | $2.3M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0540% | 1h | 0.02522 | +0.173% | $271K | $115K | 10x | 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
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
BloFin MON-USDT
Coinbase International MON-PERP-INTX
Perpl MON
Kraken Futures PF_MONUSD