MON

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0356%/8h= +39.0% APRpaid last 24h +0.211%

Price spread now: Coinbase International against Binance+2.140%53s7-day average +0.534% · you sell dearer than you buy

Net, funding: paid 7d − costs−$236as 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−$3303.302% of the position

Long on Binance Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.943%+$94 on $10k

Price spread, last 4 days (all we have)−1.693%−$169 · spread now +2.140%, 7d avg +0.534%

Together, before fees−0.750%−$75 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 1.605% dearer against Binance than usual: you sell high and buy low: +$161 more if the spread goes back to its 7-day average of +0.534%. The two prices were read 53 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	Binance MONUSDT	0.02477	0.0100	pay 0.0050% / 4h	2h 34m	$23.5M	$27.3M	75x
Short	Coinbase International MON-PERP-INTX	0.02530	0.0456	get 0.0057% / 1h	34m 22s	$110K	$54K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Binance. 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 BinancebpFee Coinbase InternationalbpOrdersPrice spread, now +2.140%Rate

Funding earned: $74.76
Price spread: +2.140% → +0.534%: $160.55
Slippage, 4 orders: −$310.22
Fee Binance: 5 bp × 2 orders: −$10
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$94.91
Costs to cover: 3.302%
Break-even: 15.9 days

Slippage from Binance: live order book, 7 min ago; Coinbase International: live order book, 13 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 Binance live order book, 7 min ago	2.02 bp	14.8 bp −$15	54.9 bp −$549	462.6 bp −$46.3K	doesn't fit
Sell Coinbase International live order book, 13 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	−0.0114%	1h	0.02490	+0.513%	$115K	$156K	10x	as long as short
Bybit MONUSDT	0.0000%	8h	0.02476	−0.057%	$20.3M	$13.6M	50x	as long as short
Phoenix MON	0.0000%	1h	0.02484	+0.270%	$12K	$355K	5x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02476	−0.040%	$73K	$136K	25x	as long as short
Injective MON/USDC PERP	+0.0039%	1h	0.02496	+0.767%	$5K	$111	5.5x	as long as short
01 Exchange MONUSD	+0.0040%	1h	0.02479	+0.097%	$6K	$1K	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	0.02479	+0.081%	$829K	$743K	10x	as long as short
Paradex MON-USD-PERP	+0.0100%	8h	0.02479	+0.064%	$7K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02481	+0.161%	$403K	$579K	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	+0.061%	$33.2M	$7.6M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02481	+0.166%	$98K	$220K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02480	+0.133%	$12K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02481	+0.170%	$137K	$92K	3x	as long as short
Binance MONUSDTlong	+0.0100%	4h	0.02477	long leg	$23.5M	$27.3M	75x
OKX MON-USDT-SWAP	+0.0100%	4h	0.02473	−0.161%	$4.1M	$6.0M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02490	+0.525%	$102K	$1K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02479	+0.081%	$926K	$1.0M	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02486	+0.363%	$2.9M	$763K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02477	0.000%	$2.7M	$2.2M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02482	+0.207%	$737K	$405K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02483	+0.253%	$41K	$250K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02488	+0.430%	$560K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02487	+0.404%	$68K	$529K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02491	+0.565%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02480	+0.110%	$47K	$288K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02475	−0.085%	$37K	—	3x	as long as short
Aftermath Perps MONUSD	+0.0214%	1h	0.02486	+0.346%	$5K	$81K	10x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0230% / S −0.0246%	1h	0.02477	0.000%	$6K	—	50x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02491	+0.565%	$1.3M	$345K	75x	as long as short
Perpl MON	+0.0447%	43m	0.02481	+0.145%	$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	+0.1021%	1h	0.02493	+0.663%	$268K	$114K	10x	as long as short