Settings8H · net · $10k
Funding arb · Price arb /

MON

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0175%/8h= −19.1% APRnext payment $0.22 per $10,000 · paid last 24h −0.099%
Price spread now: Hyperliquid against Aftermath Perps−0.267%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Hyperliquid is 0.267% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps MONUSD0.025180.0275pay 0.0034% / 1h51m 01s$2K$74K10x
ShortHyperliquid MON0.025110.0100get 0.0013% / 1h51m 01s$34.0M$7.4M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Aftermath Perps. 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

Funding earned
−$36.68
Price spread: −0.267% → 0.000%
−$26.71
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$81.39
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Hyperliquid: live order book, 12 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps no order-book sample
Sell Hyperliquid live order book, 12 min ago1.39 bp13.3 bp −$13doesn't fitdoesn't fitdoesn't fit
Aftermath Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack MON_USDC_PERP−0.0407%1h0.02511−0.239%$111K$151K10xas long as short
01 Exchange MONUSD−0.0312%1h0.02505−0.509%$6K$1K5xas long as short
Injective MON/USDC PERP−0.0176%1h0.02517−0.021%$5K$1095.5xas long as short
Deribit MON_USDC-PERPETUAL−0.0148%1h0.02510−0.295%$70K$128K25xas long as short
Bybit MONUSDT−0.0135%8h0.02508−0.370%$20.6M$13.2M50xas long as short
Phoenix MON0.0000%1h0.02520+0.102%$12K$359K5xas long as short
Perpl MON0.0000%43m0.02511−0.271%$108K$2.3M10xas long as short
Orderly PERP_MON_USDC+0.0080%4h0.02509−0.339%$16K$41K10xas long as short
Variational Omni MON+0.0095%8h0.02507−0.435%$743K$407Kas long as short
Lighter MON+0.0096%1h0.02510−0.299%$836K$735K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Paradex MON-USD-PERP+0.0098%8h0.02509−0.333%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02512−0.231%$413K$544K10xas long as short
Hyperliquid MONshort+0.0100%1h0.02511−0.267%$34.0M$7.4M5x
Aster MONUSDT+0.0100%4h0.02514−0.129%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02512−0.224%$13K5xas long as short
Pacifica MON+0.0100%1h0.02511−0.259%$139K$92K3xas long as short
Binance MONUSDT+0.0100%4h0.02509−0.339%$23.9M$26.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02510−0.299%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02515−0.113%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02510−0.299%$950K$968K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02513−0.180%$2.8M$746K75xas long as short
Bitget MONUSDT+0.0100%4h0.02513−0.180%$2.7M$2.1M25xas long as short
edgeX MONUSDC+0.0100%4h0.02514−0.130%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02516−0.061%$563K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02517−0.021%$68K$505K50xas long as short
SoDEX MON-USD+0.0100%1h0.02508−0.378%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02513−0.179%$52K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02508−0.374%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02511−0.271%$9K50xas long as short
Aftermath Perps MONUSDlong+0.0275%1h0.02518long leg$2K$74K10x
BloFin MON-USDT+0.0340%4h0.02511−0.259%$1.3M$325K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02504−0.557%$109K$57K50xas long as short
Kraken Futures PF_MONUSD+0.0542%1h0.02511−0.240%$269K$116K10xas long as short