Settings8H · net · $10k
Funding arb · Price arb /

MON

all MON markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk MON-USD0.025350.0100pay 0.0013% / 1h58m 11s$104K−$010x
ShortHyperliquid MON0.025280.0100get 0.0013% / 1h58m 11s$33.9M$6.5M5x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bulk live order book, 53 min ago19.65 bp24.6 bp −$2572.8 bp −$728569.4 bp −$56.9Kdoesn't fit
Sell Hyperliquid live order book, 8 min ago1.18 bp14.7 bp −$15doesn't fitdoesn't fitdoesn't fit

MON on 33 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective MON/USDC PERP−0.0246%1h0.02541+0.254%$6K$1015.5xas long as short
01 Exchange MONUSD−0.0008%1h0.02527−0.295%$6K$2K5xas long as short
Phoenix MON0.0000%1h0.02531−0.149%$13K$280K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02526−0.338%$74K$112K25xas long as short
Backpack MON_USDC_PERP+0.0052%1h0.02526−0.318%$113K$148K10xas long as short
Bybit MONUSDT+0.0079%8h0.02523−0.445%$21.2M$13.4M50xas long as short
Lighter MON+0.0096%1h0.02529−0.220%$829K$737K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02525−0.369%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02533−0.080%$393K$571K10xas long as short
Hyperliquid MONshort+0.0100%1h0.02528−0.243%$33.9M$6.5M5x
Show all 33 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02527−0.283%$100K$205K10xas long as short
dYdX MON-USD+0.0100%1h0.02529−0.212%$13K5xas long as short
Pacifica MON+0.0100%1h0.02529−0.235%$140K$87K3xas long as short
Binance MONUSDT+0.0100%4h0.02525−0.364%$24.3M$26.7M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02524−0.417%$4.2M$6.0M50xas long as short
Bulk MON-USDlong+0.0100%1h0.02535long leg$104K−$010x
Gate MON_USDT+0.0100%4h0.02528−0.259%$1.1M$1.2M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02529−0.220%$2.9M$754K75xas long as short
Bitget MONUSDT+0.0100%4h0.02527−0.299%$2.8M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02522−0.480%$753K$378Kas long as short
edgeX MONUSDC+0.0100%4h0.02524−0.428%$42K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02532−0.101%$562K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02526−0.338%$68K$547K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02526−0.338%$16K$36K10xas long as short
SoDEX MON-USD+0.0100%1h0.02525−0.377%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02529−0.220%$59K$323K10xas long as short
Aevo MON-PERP+0.0104%1h0.02526−0.346%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02526−0.326%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02525−0.377%$1.4M$389K75xas long as short
Perpl MON+0.0447%43m0.02528−0.255%$117K$2.1M10xas long as short
Kraken Futures PF_MONUSD+0.0695%1h0.02530−0.196%$273K$124K10xas long as short
Aftermath Perps MONUSD+0.0714%1h0.02529−0.208%$5K$96K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02539+0.163%$112K$50K50xas long as short