MON

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0356%/8h= +39.0% APRnext payment +$0.44 per $10,000 · paid last 24h +0.211%

Price spread now: Coinbase International against ApeX Omni+2.140%75s7-day average +0.524% · you sell dearer than you buy

Net, funding: paid 7d − costs−$252as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$3483.481% of the position

Long on ApeX Omni Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.961%+$96 on $10k

Price spread, last 4 days (all we have)−1.443%−$144 · spread now +2.140%, 7d avg +0.524%

Together, before fees−0.482%−$48 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Coinbase International is 1.616% dearer against ApeX Omni than usual: you sell high and buy low: +$162 more if the spread goes back to its 7-day average of +0.524%. The two prices were read 75 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	ApeX Omni MONUSDT	0.02477	0.0100	pay 0.0013% / 1h	30m 06s	$67K	$527K	50x
Short	Coinbase International MON-PERP-INTX	0.02530	0.0456	get 0.0057% / 1h	30m 06s	$110K	$54K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against ApeX Omni. 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 ApeX OmnibpFee Coinbase InternationalbpOrdersPrice spread, now +2.140%Rate

Funding earned: $74.76
Price spread: +2.140% → +0.524%: $161.6
Slippage, 4 orders: −$328.05
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$111.69
Costs to cover: 3.481%
Break-even: 17.5 days

Slippage from ApeX Omni: live order book, 18 min ago; Coinbase International: live order book, 18 min ago.

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 ApeX Omni live order book, 18 min ago	10.02 bp	21.5 bp −$21	116.7 bp −$1,167	doesn't fit	doesn't fit
Sell Coinbase International live order book, 18 min ago	29.25 bp	160.6 bp −$161	doesn't fit	doesn't fit	doesn't fit

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	−0.0118%	1h	0.02479	+0.097%	$115K	$155K	10x	as long as short
Bybit MONUSDT	−0.0009%	8h	0.02475	−0.065%	$20.3M	$13.6M	50x	as long as short
Phoenix MON	0.0000%	1h	0.02478	+0.036%	$12K	$355K	5x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02479	+0.093%	$73K	$136K	25x	as long as short
01 Exchange MONUSD	+0.0024%	1h	0.02478	+0.032%	$6K	$1K	5x	as long as short
Injective MON/USDC PERP	+0.0039%	1h	0.02489	+0.484%	$5K	$113	5.5x	as long as short
Orderly PERP_MON_USDC	+0.0083%	4h	0.02478	+0.040%	$16K	$48K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02478	+0.040%	$817K	$755K	10x	as long as short
Paradex MON-USD-PERP	+0.0100%	8h	0.02476	−0.028%	$7K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02478	+0.044%	$409K	$569K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid MON	+0.0100%	1h	0.02479	+0.065%	$33.2M	$7.6M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02477	+0.006%	$99K	$221K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02474	−0.133%	$12K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02477	+0.020%	$137K	$92K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02477	+0.015%	$23.5M	$27.4M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02475	−0.081%	$4.1M	$6.0M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02475	−0.081%	$102K	$1K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02478	+0.040%	$926K	$1.0M	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02480	+0.121%	$2.8M	$764K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02480	+0.121%	$2.7M	$2.2M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02473	−0.177%	$732K	$407K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02473	−0.161%	$41K	$251K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02477	−0.013%	$557K	$1.5M	10x	as long as short
ApeX Omni MONUSDTlong	+0.0100%	1h	0.02477	long leg	$67K	$527K	50x
SoDEX MON-USD	+0.0100%	1h	0.02478	+0.040%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02479	+0.085%	$47K	$288K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02477	+0.020%	$38K	—	3x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0230% / S −0.0246%	1h	0.02479	+0.077%	$6K	—	50x	as long as short
Aftermath Perps MONUSD	+0.0237%	1h	0.02481	+0.163%	$5K	$81K	10x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02472	−0.202%	$1.3M	$346K	75x	as long as short
Perpl MON	+0.0447%	43m	0.02479	+0.069%	$113K	$2.2M	10x	as long as short
Coinbase International MON-PERP-INTXshort	+0.0456%	1h	0.02530	+2.140%	$110K	$54K	50x
Kraken Futures PF_MONUSD	+0.1026%	1h	0.02480	+0.109%	$266K	$119K	10x	as long as short