Funding you earn now, next payment 11:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.075%
Price spread now: Hyperliquid against Bulk−0.243%7-day average +0.134% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.154%+$15 on $10k
+Price spread, last 4 days (all we have)+0.765%+$77 · spread now −0.243%, 7d avg +0.134%
=Together, before fees+0.920%+ Points / potential airdropHyperliquid: Season 2 · farm board+$92 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.378% cheaper against Bulk than usual: you would sell low and buy high, −$38 on $10k if it goes back to its 7-day average of +0.134%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk MON-USD | 0.02535 | 0.0100 | pay 0.0013% / 1h | 58m 11s | $104K | −$0 | 10x |
| Short | Hyperliquid MON | 0.02528 | 0.0100 | get 0.0013% / 1h | 58m 11s | $33.9M | $6.5M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Bulk. 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
- $0
- Price spread: −0.243% → +0.134%
- −$37.76
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$53.76
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Bulk: live order book, 53 min ago; Hyperliquid: live order book, 8 min ago. 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 Bulk live order book, 53 min ago | 19.65 bp | 24.6 bp −$25 | 72.8 bp −$728 | 569.4 bp −$56.9K | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 1.18 bp | 14.7 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
MON on 33 exchanges
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 | −0.0246% | 1h | 0.02541 | +0.254% | $6K | $101 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0008% | 1h | 0.02527 | −0.295% | $6K | $2K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02531 | −0.149% | $13K | $280K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02526 | −0.338% | $74K | $112K | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0052% | 1h | 0.02526 | −0.318% | $113K | $148K | 10x | as long as short |
| Bybit MONUSDT | +0.0079% | 8h | 0.02523 | −0.445% | $21.2M | $13.4M | 50x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02529 | −0.220% | $829K | $737K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02525 | −0.369% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02533 | −0.080% | $393K | $571K | 10x | as long as short |
| Hyperliquid MONshort | +0.0100% | 1h | 0.02528 | −0.243% | $33.9M | $6.5M | 5x |
Show all 33 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02527 | −0.283% | $100K | $205K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02529 | −0.212% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02529 | −0.235% | $140K | $87K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02525 | −0.364% | $24.3M | $26.7M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02524 | −0.417% | $4.2M | $6.0M | 50x | as long as short |
| Bulk MON-USDlong | +0.0100% | 1h | 0.02535 | long leg | $104K | −$0 | 10x | |
| Gate MON_USDT | +0.0100% | 4h | 0.02528 | −0.259% | $1.1M | $1.2M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02529 | −0.220% | $2.9M | $754K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02527 | −0.299% | $2.8M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02522 | −0.480% | $753K | $378K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02524 | −0.428% | $42K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02532 | −0.101% | $562K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02526 | −0.338% | $68K | $547K | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02526 | −0.338% | $16K | $36K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02525 | −0.377% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02529 | −0.220% | $59K | $323K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02526 | −0.346% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02526 | −0.326% | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02525 | −0.377% | $1.4M | $389K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02528 | −0.255% | $117K | $2.1M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0695% | 1h | 0.02530 | −0.196% | $273K | $124K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0714% | 1h | 0.02529 | −0.208% | $5K | $96K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02539 | +0.163% | $112K | $50K | 50x | as long as short |
Bulk MON-USD
Hyperliquid MON
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Deribit MON_USDC-PERPETUAL
Backpack MON_USDC_PERP
Bybit MONUSDT
Lighter MON
Paradex MON-USD-PERP
Aster MONUSDT
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Kraken Futures PF_MONUSD
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX