Funding you earn now, next payment 01:00 UTC−0.0644%/8h= −70.5% APRnext payment −$0.81 per $10,000 · paid last 24h −0.216%
Price spread now: Nado against Coinbase International−0.347%45s7-day average −0.380% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2822.819% of the position
Funding, last 3 days (all we have)−0.571%−$57 on $10k
+Price spread, last 3 days (all we have)−0.099%−$10 · spread now −0.347%, 7d avg −0.380%
=Together, before fees−0.669%+ Points / potential airdropNado: Active · farm board−$67 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.032% dearer against Coinbase International than usual: you sell high and buy low (spread −0.347% now, against its 7-day average of −0.380%): +$3 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 4 hours. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International MON-PERP-INTX | 0.02538 | 0.0744 | pay 0.0093% / 1h | 42m 39s | $111K | $52K | 50x |
| Short | Nado MON-PERP | 0.02529 | 0.0100 | get 0.0012% / 1h | 42m 39s | $405K | $544K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$135.24
- Price spread: −0.347% → −0.380%
- $3.23
- Slippage, 4 orders
- −$264.86
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$413.87
- Costs to cover
- 2.819%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 25 min ago; Nado: live order book, 25 min ago.
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, 25 min ago | 29.90 bp | 117.6 bp −$118 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 25 min ago | 0.58 bp | 10.2 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0388% | 1h | 0.02541 | +0.126% | $6K | $106 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0030% | 8h | 0.02521 | −0.654% | $20.7M | $12.8M | 50x | as long as short |
| 01 Exchange MONUSD | −0.0024% | 1h | 0.02524 | −0.528% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02540 | +0.087% | $13K | $349K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02535 | −0.102% | $68K | $125K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0060% | 4h | 0.02534 | −0.150% | $16K | $55K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0096% | 8h | 0.02523 | −0.580% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02526 | −0.465% | $842K | $740K | 10x | as long as short |
| Nado MON-PERPshort | +0.0100% | 1h | 0.02529 | −0.347% | $405K | $544K | 10x | |
| Aster MONUSDT | +0.0100% | 4h | 0.02529 | −0.357% | $101K | $229K | 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 | 0.02526 | −0.473% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02525 | −0.493% | $140K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02523 | −0.569% | $24.1M | $26.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02523 | −0.583% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02535 | −0.107% | $105K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02525 | −0.504% | $948K | $898K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02527 | −0.426% | $2.9M | $745K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02523 | −0.583% | $2.7M | $2.0M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02534 | −0.154% | $120K | $161K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02530 | −0.323% | $761K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02537 | −0.022% | $43K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02530 | −0.298% | $568K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02537 | −0.032% | $68K | $491K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02534 | −0.150% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02528 | −0.371% | $48K | $520K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02532 | −0.225% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02536 | −0.051% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02549 | +0.441% | $1.4M | $310K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0358% | 1h | 0.02541 | +0.130% | $4K | $76K | 10x | as long as short |
| Hyperliquid MON | +0.0375% | 1h | 0.02529 | −0.335% | $34.5M | $7.6M | 5x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02538 | 0.000% | $105K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTXlong | +0.0744% | 1h | 0.02538 | long leg | $111K | $52K | 50x | |
| Kraken Futures PF_MONUSD | +0.0843% | 1h | 0.02538 | −0.007% | $276K | $88K | 10x | as long as short |
Coinbase International MON-PERP-INTX
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Phoenix MON
Deribit MON_USDC-PERPETUAL
Paradex MON-USD-PERP
Lighter MON
Aster MONUSDT
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Backpack MON_USDC_PERP
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
Aftermath Perps MONUSD
Hyperliquid MON
Kraken Futures PF_MONUSD