Funding you earn now, next payment 08:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.11 per $10,000 · paid last 24h −0.007%
Price spread now: Orderly against Bitget+0.040%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−0.033%−$3 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 0.040% dearer against Bitget than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget MONUSDT | 0.02496 | 0.0100 | pay 0.0050% / 4h | 3h 02m | $2.7M | $2.2M | 25x |
| Short | Orderly PERP_MON_USDC | 0.02497 | 0.0078 | get 0.0039% / 4h | 3h 02m | $16K | $48K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Bitget. 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
- −$4.59
- Price spread: +0.040% → 0.000%
- $4.01
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$18.58
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 5 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 Bitget live order book, 5 min ago | 5.99 bp | 15.0 bp −$15 | 51.4 bp −$514 | 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 | −0.0203% | 1h | 0.02515 | +0.761% | $5K | $114 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02503 | +0.272% | $12K | $358K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02496 | +0.012% | $73K | $136K | 25x | as long as short |
| Bybit MONUSDT | +0.0006% | 8h | 0.02493 | −0.120% | $20.5M | $13.5M | 50x | as long as short |
| Backpack MON_USDC_PERP | +0.0013% | 1h | 0.02497 | +0.020% | $110K | $153K | 10x | as long as short |
| Orderly PERP_MON_USDCshort | +0.0078% | 4h | 0.02497 | +0.040% | $16K | $48K | 10x | |
| Lighter MON | +0.0096% | 1h | 0.02496 | 0.000% | $837K | $733K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02495 | −0.025% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02497 | +0.036% | $403K | $586K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02495 | −0.024% | $33.6M | $7.5M | 5x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02496 | +0.004% | $100K | $218K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02497 | +0.052% | $12K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02498 | +0.060% | $138K | $92K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02494 | −0.080% | $23.7M | $27.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02494 | −0.080% | $4.2M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02510 | +0.565% | $103K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02495 | −0.040% | $932K | $992K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02500 | +0.160% | $2.9M | $763K | 75x | as long as short |
| Bitget MONUSDTlong | +0.0100% | 4h | 0.02496 | long leg | $2.7M | $2.2M | 25x | |
| Variational Omni MON | +0.0100% | 8h | 0.02500 | +0.163% | $741K | $403K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02500 | +0.145% | $41K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02502 | +0.241% | $563K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02502 | +0.240% | $68K | $522K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02495 | −0.040% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02495 | −0.022% | $51K | $280K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02496 | −0.020% | $38K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0200% | 1h | 0.02497 | +0.048% | $6K | $1K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02496 | −0.020% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0285% | 1h | 0.02503 | +0.288% | $2K | $78K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02499 | +0.120% | $1.3M | $337K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0368% | 1h | 0.02530 | +1.362% | $110K | $57K | 50x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02499 | +0.100% | $113K | $2.2M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0730% | 1h | 0.02499 | +0.107% | $268K | $113K | 10x | as long as short |
Bitget MONUSDT
Injective MON/USDC PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
Bybit MONUSDT
Backpack MON_USDC_PERP
Lighter MON
Paradex MON-USD-PERP
Hyperliquid MON
Aster MONUSDT
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
01 Exchange MONUSD
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
BloFin MON-USDT
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD