Funding you earn now, next payment 06:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h −0.028%
Price spread now: GRVT against 01 Exchange+0.796%56s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and GRVT is 0.796% dearer against 01 Exchange than usual: you sell high and buy low: +$80 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange MONUSD | 0.02475 | 0.0032 | pay 0.0004% / 1h | 40m 25s | $6K | $1K | 5x |
| Short | GRVT MON_USDT_Perp | 0.02495 | 0.0100 | get 0.0050% / 4h | 2h 40m | $562K | $1.5M | 10x |
01 Exchange MONUSD
GRVT MON_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $14.28
- Price spread: +0.796% → 0.000%
- $79.59
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $77.87
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: 01 Exchange: no order-book sample; GRVT: live order book, 3 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 GRVT live order book, 3 min ago | 2.01 bp | 26.6 bp −$27 | 49.7 bp −$497 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0129% | 1h | 0.02484 | +0.364% | $109K | $153K | 10x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02492 | +0.667% | $12K | $355K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02489 | +0.545% | $73K | $136K | 25x | as long as short |
| Bybit MONUSDT | +0.0005% | 8h | 0.02473 | −0.089% | $20.3M | $13.6M | 50x | as long as short |
| 01 Exchange MONUSDlong | +0.0032% | 1h | 0.02475 | long leg | $6K | $1K | 5x | |
| Injective MON/USDC PERP | +0.0039% | 1h | 0.02496 | +0.836% | $5K | $111 | 5.5x | as long as short |
| Orderly PERP_MON_USDC | +0.0083% | 4h | 0.02476 | +0.028% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02478 | +0.109% | $829K | $743K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02479 | +0.146% | $7K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02478 | +0.124% | $403K | $585K | 10x | as long as short |
Backpack MON_USDC_PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
Bybit MONUSDT
Injective MON/USDC PERP
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02478 | +0.113% | $33.3M | $7.6M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02478 | +0.127% | $99K | $219K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02479 | +0.133% | $12K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02481 | +0.230% | $137K | $92K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02475 | −0.012% | $23.5M | $27.3M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02475 | −0.012% | $4.1M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02490 | +0.594% | $102K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02475 | −0.012% | $924K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02481 | +0.230% | $2.8M | $764K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02478 | +0.109% | $2.7M | $2.2M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02485 | +0.375% | $739K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02490 | +0.575% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perpshort | +0.0100% | 4h | 0.02495 | +0.796% | $562K | $1.5M | 10x | |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02492 | +0.675% | $68K | $527K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02487 | +0.473% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02479 | +0.146% | $47K | $288K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02476 | +0.024% | $37K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0230% / S −0.0246% | 1h | 0.02476 | +0.024% | $6K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0237% | 1h | 0.02492 | +0.665% | $2K | $78K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02484 | +0.351% | $1.3M | $338K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02479 | +0.137% | $113K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0456% | 1h | 0.02530 | +2.210% | $110K | $55K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.1022% | 1h | 0.02491 | +0.615% | $268K | $112K | 10x | as long as short |
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
Variational Omni MON
edgeX MONUSDC
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
BloFin MON-USDT
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD