Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.019%
Price spread now: ApeX Omni against Deribit−0.340%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$106as in the Price arb table
costs, in and out, $10k−$750.752% of the position
Funding, last 7 days−0.055%−$5 on $10k
+Price spread, last 3 days (all we have)+0.025%+$3 · spread now −0.340%, 7d avg −0.032%
=Funding pays, the price is against you. ApeX Omni is 0.308% cheaper against Deribit than usual: you would sell low and buy high (spread −0.340% now, against its 7-day average of −0.032%). If the spread goes back, that is −$31 on $10k: about 10 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.055%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MON_USDC-PERPETUAL | 0.02533 | 0 | get 0.0000% / 1h | 53m 05s | $68K | $125K | 25x |
| Short | ApeX Omni MONUSDT | 0.02524 | 0.0100 | get 0.0013% / 1h | 53m 05s | $68K | $498K | 50x |
Deribit MON_USDC-PERPETUAL
ApeX Omni MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Deribit. 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
- $21
- Price spread: −0.340% → −0.032%
- −$30.79
- Slippage, 4 orders
- −$58.17
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$84.96
- Costs to cover
- 0.752%
- Break-even
- 35.3 days
Slippage from Deribit: live order book, 51 min ago; ApeX Omni: live order book, 10 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 Deribit live order book, 51 min ago | 12.62 bp | 20.6 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 10 min ago | 9.85 bp | 18.4 bp −$18 | 109.4 bp −$1,094 | doesn't fit | doesn't fit |
MON on 32 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MON | −0.0316% | 1h | 0.02527 | −0.205% | $13K | $367K | 5x | as long as short |
| Injective MON/USDC PERP | −0.0253% | 1h | 0.02531 | −0.063% | $5K | $106 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0057% | 8h | 0.02533 | −0.004% | $20.8M | $12.8M | 50x | as long as short |
| Backpack MON_USDC_PERP | −0.0049% | 1h | 0.02534 | +0.055% | $118K | $148K | 10x | as long as short |
| Deribit MON_USDC-PERPETUALlong | 0.0000% | 1h | 0.02533 | long leg | $68K | $125K | 25x | |
| 01 Exchange MONUSD | +0.0032% | 1h | 0.02527 | −0.233% | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0077% | 4h | 0.02531 | −0.063% | $16K | $51K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02533 | +0.016% | $844K | $738K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02525 | −0.284% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02529 | −0.138% | $405K | $539K | 10x | as long as short |
Phoenix MON
Injective MON/USDC PERP
Bybit MONUSDT
Backpack MON_USDC_PERP
01 Exchange MONUSD
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02537 | +0.162% | $34.4M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02529 | −0.133% | $101K | $229K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02530 | −0.111% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02530 | −0.118% | $140K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02534 | +0.051% | $24.1M | $25.9M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02533 | +0.016% | $4.2M | $5.8M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02530 | −0.103% | $105K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02530 | −0.103% | $951K | $912K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02531 | −0.063% | $2.9M | $742K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02536 | +0.134% | $2.7M | $2.0M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02538 | +0.216% | $750K | $404K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02526 | −0.279% | $43K | $247K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02527 | −0.231% | $565K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDTshort | +0.0100% | 1h | 0.02524 | −0.340% | $68K | $498K | 50x | |
| SoDEX MON-USD | +0.0100% | 1h | 0.02531 | −0.063% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02537 | +0.162% | $48K | $518K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02532 | −0.043% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02531 | −0.047% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0317% | 1h | 0.02532 | −0.024% | $2K | $74K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02530 | −0.111% | $105K | $2.3M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0491% | 1h | 0.02533 | +0.003% | $267K | $97K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02535 | +0.079% | $111K | $51K | 50x | as long as short |
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
Perpl MON
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX