MON

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h −0.054%

Price spread now: Bulk against 01 Exchange−0.398%7-day average — · you buy dearer than you sell

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

Long on 01 Exchange Short on Bulk

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Bulk is 0.398% cheaper against 01 Exchange than usual: you would sell low and buy high (spread −0.398% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$40 on $10k: about 20 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	01 Exchange MONUSD	0.02560	0.0032	pay 0.0004% / 1h	46m 32s	$6K	$1K	5x
Short	Bulk MON-USD	0.02550	0.0100	get 0.0013% / 1h	46m 32s	$105K	$2K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against 01 Exchange. 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 01 ExchangebpFee BulkbpOrdersPrice spread, now −0.398%Rate

Funding earned: $14.28
Price spread: −0.398% → 0.000%: −$39.83
Slippage, 4 orders: no order book: not counted
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$39.55
Costs to cover: 0.140%
Break-even: 26.4 days

Slippage unknown: 01 Exchange: no order-book sample; Bulk: live order book, 27 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 01 Exchange no order-book sample	—	—	—	—	—
Sell Bulk live order book, 27 min ago	19.57 bp	23.1 bp −$23	74.1 bp −$741	457.9 bp −$45.8K	doesn't fit

01 Exchange: 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	−0.0444%	1h	0.02556	−0.164%	$6K	$105	5.5x	as long as short
Backpack MON_USDC_PERP	−0.0110%	1h	0.02560	+0.008%	$127K	$141K	10x	as long as short
Phoenix MON	0.0000%	1h	0.02555	−0.195%	$13K	$351K	5x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02555	−0.195%	$69K	$119K	25x	as long as short
01 Exchange MONUSDlong	+0.0032%	1h	0.02560	long leg	$6K	$1K	5x
Orderly PERP_MON_USDC	+0.0070%	4h	0.02554	−0.242%	$17K	$64K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02563	+0.109%	$851K	$744K	10x	as long as short
Paradex MON-USD-PERP	+0.0098%	8h	0.02560	−0.007%	$8K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02563	+0.105%	$391K	$540K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02565	+0.187%	$34.7M	$7.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster MONUSDT	+0.0100%	4h	0.02561	+0.024%	$106K	$231K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02560	−0.015%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02561	+0.031%	$141K	$104K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02560	−0.020%	$24.5M	$25.6M	75x	as long as short
Bybit MONUSDT	+0.0100%	8h	0.02556	−0.164%	$21.1M	$12.1M	50x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02556	−0.164%	$4.3M	$5.9M	50x	as long as short
Bulk MON-USDshort	+0.0100%	1h	0.02550	−0.398%	$105K	$2K	10x
Gate MON_USDT	+0.0100%	4h	0.02560	−0.008%	$977K	$893K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02561	+0.031%	$2.7M	$1.9M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02550	−0.394%	$771K	$407K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02552	−0.301%	$47K	$244K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02556	−0.150%	$579K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02554	−0.242%	$68K	$483K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02553	−0.281%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02563	+0.124%	$52K	$440K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02553	−0.262%	$39K	—	3x	as long as short
Aftermath Perps MONUSD	+0.0125%	1h	0.02555	−0.206%	$3K	$75K	10x	as long as short
KuCoin MONUSDTM	+0.0194%	4h	0.02564	+0.148%	$3.0M	$720K	75x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0260% / S −0.0598%	1h	0.02555	−0.211%	$8K	—	50x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02553	−0.281%	$1.3M	$306K	75x	as long as short
Perpl MON	+0.0447%	43m	0.02555	−0.211%	$122K	$1.8M	10x	as long as short
Kraken Futures PF_MONUSD	+0.0467%	1h	0.02556	−0.154%	$268K	$78K	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0808%	1h	0.02609	+1.902%	$115K	$50K	50x	as long as short