MON

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.03 per $10,000 · paid last 24h −0.130%

Price spread now: GMX against Coinbase International−1.044%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 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. GMX is 1.044% cheaper against Coinbase International than usual: you would sell low and buy high (spread −1.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$104 on $10k: about 5 months of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International MON-PERP-INTX	0.02528	0.0408	pay 0.0051% / 1h	20m 31s	$110K	$57K	50x
Short	GMX MON/USD [ETH-USDC]	0.02502	L +0.0260% / S −0.0429%	get 0.0054% / 1h	20m 31s	$9K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Coinbase International. 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 Coinbase InternationalbpFee GMXbpOrdersPrice spread, now −1.044%Rate

Funding earned: $4.47
Price spread: −1.044% → 0.000%: −$104.42
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$121.95
Costs to cover: 0.220%
Break-even: 198.0 days

Slippage unknown: Coinbase International: live order book, 37 min ago; GMX: 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 Coinbase International live order book, 37 min ago	19.71 bp	24.7 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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
01 Exchange MONUSD	−0.0240%	1h	0.02504	−0.953%	$6K	$1K	5x	as long as short
Backpack MON_USDC_PERP	−0.0190%	1h	0.02504	−0.969%	$113K	$151K	10x	as long as short
Injective MON/USDC PERP	−0.0176%	1h	0.02498	−1.198%	$5K	$112	5.5x	as long as short
Bybit MONUSDT	−0.0142%	8h	0.02501	−1.080%	$20.6M	$13.3M	50x	as long as short
Phoenix MON	0.0000%	1h	0.02505	−0.929%	$12K	$359K	5x	as long as short
Perpl MON	0.0000%	43m	0.02504	−0.973%	$107K	$2.3M	10x	as long as short
Orderly PERP_MON_USDC	+0.0071%	4h	0.02502	−1.040%	$16K	$40K	10x	as long as short
Variational Omni MON	+0.0076%	8h	0.02500	−1.138%	$738K	$409K	—	as long as short
Paradex MON-USD-PERP	+0.0092%	8h	0.02502	−1.036%	$8K	$42	5x	as long as short
Lighter MON	+0.0096%	1h	0.02504	−0.961%	$843K	$749K	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	0.02505	−0.910%	$33.8M	$7.5M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02504	−0.952%	$100K	$222K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02508	−0.819%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02503	−0.985%	$138K	$93K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02503	−1.016%	$23.8M	$26.9M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02500	−1.119%	$4.2M	$5.9M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02505	−0.927%	$103K	$5K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02502	−1.040%	$938K	$993K	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02505	−0.922%	$2.8M	$757K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02504	−0.961%	$2.7M	$2.2M	25x	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02503	−0.983%	$41K	$250K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02506	−0.875%	$562K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02505	−0.922%	$67K	$510K	50x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02507	−0.861%	$425K	$573K	10x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02502	−1.040%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02505	−0.907%	$48K	$517K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02501	−1.060%	$38K	—	3x	as long as short
Deribit MON_USDC-PERPETUAL	+0.0110%	1h	0.02503	−0.997%	$74K	$136K	25x	as long as short
Aftermath Perps MONUSD	+0.0256%	1h	0.02505	−0.917%	$2K	$74K	10x	as long as short
GMX MON/USD [ETH-USDC]short	L +0.0260% / S −0.0429%	1h	0.02502	−1.044%	$9K	—	50x
BloFin MON-USDT	+0.0340%	4h	0.02500	−1.119%	$1.3M	$337K	75x	as long as short
Coinbase International MON-PERP-INTXlong	+0.0408%	1h	0.02528	long leg	$110K	$57K	50x
Kraken Futures PF_MONUSD	+0.0544%	1h	0.02505	−0.920%	$269K	$114K	10x	as long as short