MON

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	SunXMONAD-USDT	0.01866	+0.0100	pay 0.0050% / 4h	2h 59m	$21	$1.8M	20x	Long SunX≤10% back
SHORT	BackpackMON_USDC_PERP	0.01861	−0.0859	pay 0.0107% / 1h	59m 30s	$279K	$217K	10x	Short Backpack

Price gap−0.284%

Funding gap−0.0959% /8h

Both sides work against this direction now: funding costs $29 a day on $10k and the gap is 0.178% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$92−0.0959% /8h now · paid −0.922% over the last 7D

Price−$18spread −0.284% now, avg −0.106% → −0.178% if it goes back

Costsdoesn’t fit$10k a leg is deeper than the books hold

Result, before costs−$110−1.10%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.284%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

MON on 37 exchanges

lowest funding first

Before you open

0 ok · 5 to watch

Problem: Doesn’t fit the books—
$10k a leg is deeper than SunX’s order book right now.
Note: Margin at max leverage$500 + $1,000
SunX 20x, Backpack 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
Watch: Payment intervals differ4h / 1h
Payments land at different times. Close right after the slower leg pays.
Next 24h at the current rates, on $10k a leg: −$28.77Long SunX: 6 payments, −$3.00; short Backpack: 24 payments, −$25.77.
Watch: Gap narrower than usual−0.284% vs −0.106%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$21 vs $279K OI
SunX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCSunX No · Backpack Yes
KYC (ID, face scan, residency and source of income) before any trading.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0439%/8h × 21 periods−$92.22

Price spread−0.284% → −0.106% (7d avg)−$17.82

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee SunX bp × 2 orders−$8.00

Fee Backpack bp × 2 orders−$10.00

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: SunX: live order book, 2 min ago; Backpack: live order book, 28 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGSunX503.75doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTBackpack0.8213.3 bp−$13doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

MON news

posts that mention MON, from every exchangeSearch all news →

10-13 17:34	Bulk	Other	gmonad Trade $MON from @monad with up to 10x leverage now on @bulktrade on X ↗
10-13 15:16	Bulk	Listing	new market MON-USD ($MON) seen by our collector
10-08 13:37	RISEx	Listing	New stock and crypto listings this week: $SOXL $MON $WLD All live at 10x leverage @risextrade on X ↗
10-08 13:37	RISEx	Other	Trade now $SOXL: $MON: $WLD: @risextrade on X ↗
10-08 07:42	RISEx	Listing	new market MON/USDC ($MON) seen by our collector
10-06 08:33	ApeX Omni	Other	21 up, 65 down on the ApeX board, median -1.7%. A proper red day. filecoin:native +12.2% is the exception. @protocollabs and Foundation vesting ends this month, which Filecoin estimates cuts gross issuance about 75%. @monad $MON -11.8% is the worst. @OfficialApeXdex on X ↗

MON