Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.002%
Price spread now: Orderly against ApeX Omni+0.272%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.014%−$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Orderly is 0.272% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.272% now, against zero (this spread has no 7-day history yet)): +$27 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 29 days. At the pace of the last 7 days (−0.014% in total) that is about 4 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni MONUSDT | 0.02574 | 0.0100 | pay 0.0013% / 1h | 29m 00s | $69K | $486K | 50x |
| Short | Orderly PERP_MON_USDC | 0.02581 | 0.0068 | get 0.0034% / 4h | 3h 29m | $17K | $64K | 10x |
ApeX Omni MONUSDT
Orderly PERP_MON_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$6.67
- Price spread: +0.272% → 0.000%
- $27.2
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $4.53
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: ApeX Omni: live order book, 44 min ago; 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 ApeX Omni live order book, 44 min ago | 9.78 bp | 18.9 bp −$19 | 113.3 bp −$1,133 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 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 | 0.02576 | +0.078% | $6K | $107 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02580 | +0.218% | $13K | $351K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02583 | +0.357% | $70K | $119K | 25x | as long as short |
| Orderly PERP_MON_USDCshort | +0.0068% | 4h | 0.02581 | +0.272% | $17K | $64K | 10x | |
| 01 Exchange MONUSD | +0.0088% | 1h | 0.02583 | +0.338% | $6K | $1K | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02584 | +0.389% | $861K | $754K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0098% | 8h | 0.02580 | +0.220% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02586 | +0.462% | $394K | $534K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02586 | +0.455% | $35.1M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02581 | +0.273% | $107K | $231K | 10x | as long as short |
Injective MON/USDC PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MON
Aster MONUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02581 | +0.264% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02582 | +0.295% | $142K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02581 | +0.272% | $24.7M | $25.5M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02581 | +0.272% | $21.4M | $12.2M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02582 | +0.311% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02575 | +0.039% | $106K | $2K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02581 | +0.272% | $978K | $907K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02583 | +0.350% | $2.8M | $1.9M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02583 | +0.357% | $128K | $140K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02575 | +0.023% | $778K | $407K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02576 | +0.062% | $44K | $248K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02579 | +0.194% | $584K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDTlong | +0.0100% | 1h | 0.02574 | long leg | $69K | $486K | 50x | |
| SoDEX MON-USD | +0.0100% | 1h | 0.02582 | +0.311% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02586 | +0.472% | $49K | $520K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02582 | +0.291% | $39K | — | 3x | as long as short |
| KuCoin MONUSDTM | +0.0142% | 4h | 0.02584 | +0.389% | $3.0M | $724K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0167% | 1h | 0.02579 | +0.180% | $4K | $76K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02582 | +0.319% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02579 | +0.194% | $1.4M | $307K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02580 | +0.241% | $180K | $2.0M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0462% | 1h | 0.02585 | +0.415% | $271K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02584 | +0.392% | $113K | $51K | 50x | as long as short |
dYdX MON-USD
Pacifica MON
Binance MONUSDT
Bybit MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
KuCoin MONUSDTM
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX