Funding you earn now, next payment 11:00 UTC+0.0556%/8h= +60.9% APRpaid last 24h −0.030%
Price spread now: Orderly against 01 Exchange+0.461%7-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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Orderly is 0.461% dearer against 01 Exchange than usual: you sell high and buy low: +$46 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 | 01 Exchange MONUSD | 0.02492 | −0.0456 | get 0.0057% / 1h | 31m 46s | $6K | $2K | 5x |
| Short | Orderly PERP_MON_USDC | 0.02504 | 0.0100 | get 0.0050% / 4h | 1h 31m | $16K | $36K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $116.76
- Price spread: +0.461% → 0.000%
- $46.14
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $149.9
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: 01 Exchange: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample | — | — | — | — | — |
01 Exchange and Orderly: 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 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange MONUSDlong | −0.0456% | 1h | 0.02492 | long leg | $6K | $2K | 5x | |
| Backpack MON_USDC_PERP | −0.0442% | 1h | 0.02508 | +0.610% | $113K | $151K | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0269% | 1h | 0.02505 | +0.510% | $79K | $118K | 25x | as long as short |
| Injective MON/USDC PERP | −0.0246% | 1h | 0.02541 | +1.946% | $6K | $101 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0096% | 8h | 0.02503 | +0.421% | $20.9M | $13.4M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02499 | +0.269% | $12K | $281K | 5x | as long as short |
| Paradex MON-USD-PERP | +0.0056% | 8h | 0.02505 | +0.508% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02507 | +0.582% | $822K | $737K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02507 | +0.578% | $398K | $577K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02506 | +0.550% | $33.6M | $6.5M | 5x | as long as short |
Show all 33 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02504 | +0.472% | $99K | $204K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02506 | +0.524% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02506 | +0.542% | $139K | $85K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02505 | +0.498% | $24.1M | $26.4M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02503 | +0.421% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02510 | +0.702% | $103K | −$0 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02507 | +0.582% | $1.1M | $1.3M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02507 | +0.582% | $2.8M | $749K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02506 | +0.542% | $2.8M | $2.2M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02505 | +0.516% | $748K | $377K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02510 | +0.704% | $41K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02513 | +0.823% | $568K | $1.4M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02505 | +0.502% | $68K | $548K | 50x | as long as short |
| Orderly PERP_MON_USDCshort | +0.0100% | 4h | 0.02504 | +0.461% | $16K | $36K | 10x | |
| SoDEX MON-USD | +0.0100% | 1h | 0.02505 | +0.502% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02507 | +0.589% | $59K | $318K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02506 | +0.522% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0230% / S −0.0246% | 1h | 0.02507 | +0.570% | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02504 | +0.461% | $1.4M | $387K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02507 | +0.562% | $116K | $2.1M | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0529% | 1h | 0.02510 | +0.686% | $5K | $97K | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0701% | 1h | 0.02508 | +0.627% | $271K | $124K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02507 | +0.598% | $106K | $55K | 50x | as long as short |
01 Exchange MONUSD
Backpack MON_USDC_PERP
Deribit MON_USDC-PERPETUAL
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Paradex MON-USD-PERP
Lighter MON
Hyperliquid MON
Aster MONUSDT
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Aftermath Perps MONUSD
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX