Funding you earn now, next payment 07:00 UTC+0.0172%/8h= +18.8% APRnext payment +$0.21 per $10,000 · paid last 24h +0.033%
Price spread now: 01 Exchange against Bulk−0.681%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. 01 Exchange is 0.681% cheaper against Bulk than usual: you would sell low and buy high (spread −0.681% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$68 on $10k: about 13 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk MON-USD | 0.02520 | 0.0100 | pay 0.0013% / 1h | 54m 52s | $103K | $1K | 10x |
| Short | 01 Exchange MONUSD | 0.02503 | 0.0272 | get 0.0034% / 1h | 54m 52s | $7K | $2K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange 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
- $36.12
- Price spread: −0.681% → 0.000%
- −$68.13
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$46.01
- Costs to cover
- 0.140%
- Break-even
- 15.9 days
Slippage unknown: Bulk: live order book, 54 min ago; 01 Exchange: 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 Bulk live order book, 54 min ago | 20.04 bp | 23.5 bp −$24 | 59.0 bp −$590 | 106.1 bp −$10.6K | 734.0 bp −$367.0K |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0012% | 1h | 0.02506 | −0.558% | $114K | $154K | 10x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02509 | −0.423% | $12K | $353K | 5x | as long as short |
| Bybit MONUSDT | +0.0032% | 8h | 0.02500 | −0.773% | $20.6M | $13.7M | 50x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0070% | 1h | 0.02505 | −0.610% | $74K | $135K | 25x | as long as short |
| Aftermath Perps MONUSD | +0.0077% | 1h | 0.02513 | −0.279% | $6K | $98K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0084% | 4h | 0.02505 | −0.590% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02506 | −0.550% | $804K | $786K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02503 | −0.650% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02507 | −0.507% | $401K | $578K | 10x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02506 | −0.555% | $99K | $221K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02507 | −0.520% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02505 | −0.578% | $139K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02505 | −0.590% | $23.8M | $27.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02501 | −0.749% | $4.2M | $6.2M | 50x | as long as short |
| Bulk MON-USDlong | +0.0100% | 1h | 0.02520 | long leg | $103K | $1K | 10x | |
| Gate MON_USDT | +0.0100% | 4h | 0.02505 | −0.590% | $938K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02509 | −0.431% | $2.9M | $766K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02506 | −0.550% | $2.7M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02507 | −0.528% | $743K | $413K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02513 | −0.275% | $41K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02513 | −0.281% | $558K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02509 | −0.431% | $68K | $532K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02504 | −0.630% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02508 | −0.473% | $53K | $262K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02503 | −0.657% | $38K | — | 3x | as long as short |
| Injective MON/USDC PERP | +0.0109% | 1h | 0.02506 | −0.550% | $5K | $108 | 5.5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02503 | −0.657% | $6K | — | 50x | as long as short |
| 01 Exchange MONUSDshort | +0.0272% | 1h | 0.02503 | −0.681% | $7K | $2K | 5x | |
| BloFin MON-USDT | +0.0340% | 4h | 0.02506 | −0.550% | $1.3M | $347K | 75x | as long as short |
| Hyperliquid MON | +0.0396% | 1h | 0.02508 | −0.455% | $33.9M | $7.8M | 5x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02505 | −0.598% | $114K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0576% | 1h | 0.02542 | +0.898% | $112K | $55K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0843% | 1h | 0.02507 | −0.517% | $269K | $118K | 10x | as long as short |
Bulk MON-USD
01 Exchange MONUSD
Backpack MON_USDC_PERP
Phoenix MON
Bybit MONUSDT
Deribit MON_USDC-PERPETUAL
Aftermath Perps MONUSD
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
Injective MON/USDC PERP
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Hyperliquid MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD