Funding you earn now, next payment 06:00 UTC+0.0177%/8h= +19.4% APRnext payment +$0.22 per $10,000 · paid last 24h −0.015%
Price spread now: Extended against Deribit−0.008%7-day average +0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$810.813% of the position
Funding, last 7 days−0.006%−$1 on $10k
+Price spread, last 4 days (all we have)−0.179%−$18 · spread now −0.008%, 7d avg +0.075%
=Together, before fees−0.185%+ Points / potential airdropExtended: Active · farm board−$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.082% cheaper against Deribit than usual: you would sell low and buy high (spread −0.008% now, against its 7-day average of +0.075%). If the spread goes back, that is −$8 on $10k: about 37 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MON_USDC-PERPETUAL | 0.02475 | −0.0073 | get 0.0009% / 1h | 33m 09s | $73K | $136K | 25x |
| Short | Extended MON-USD | 0.02475 | 0.0104 | get 0.0013% / 1h | 33m 09s | $47K | $288K | 10x |
Deribit MON_USDC-PERPETUAL
Extended MON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $37.18
- Price spread: −0.008% → +0.075%
- −$8.23
- Slippage, 4 orders
- −$69.34
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$52.39
- Costs to cover
- 0.813%
- Break-even
- 16.9 days
Slippage from Deribit: live order book, 56 min ago; Extended: live order book, 14 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, 56 min ago | 6.33 bp | 17.0 bp −$17 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 14 min ago | 4.01 bp | 27.3 bp −$27 | 184.9 bp −$1,849 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0126% | 1h | 0.02478 | +0.105% | $115K | $156K | 10x | as long as short |
| Deribit MON_USDC-PERPETUALlong | −0.0073% | 1h | 0.02475 | long leg | $73K | $136K | 25x | |
| Bybit MONUSDT | −0.0004% | 8h | 0.02474 | −0.057% | $20.3M | $13.6M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02484 | +0.331% | $12K | $355K | 5x | as long as short |
| 01 Exchange MONUSD | +0.0032% | 1h | 0.02473 | −0.113% | $6K | $1K | 5x | as long as short |
| Injective MON/USDC PERP | +0.0039% | 1h | 0.02489 | +0.545% | $5K | $113 | 5.5x | as long as short |
| Orderly PERP_MON_USDC | +0.0083% | 4h | 0.02475 | −0.020% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02474 | −0.061% | $819K | $752K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02474 | −0.066% | $7K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02476 | +0.011% | $403K | $579K | 10x | as long as short |
Backpack MON_USDC_PERP
Bybit MONUSDT
Phoenix MON
01 Exchange MONUSD
Injective MON/USDC PERP
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02478 | +0.117% | $33.2M | $7.6M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02477 | +0.061% | $99K | $221K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02472 | −0.137% | $12K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02475 | −0.020% | $137K | $92K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02475 | −0.001% | $23.5M | $27.4M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02476 | +0.020% | $4.1M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02490 | +0.586% | $102K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02476 | +0.020% | $926K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02475 | −0.020% | $2.8M | $763K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02477 | +0.061% | $2.7M | $2.2M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02482 | +0.267% | $737K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02489 | +0.557% | $41K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02488 | +0.490% | $560K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02490 | +0.586% | $68K | $528K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02473 | −0.101% | $5K | $6K | 5x | as long as short |
| Extended MON-USDshort | +0.0104% | 1h | 0.02475 | −0.008% | $47K | $288K | 10x | |
| Aevo MON-PERP | +0.0104% | 1h | 0.02474 | −0.044% | $37K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0213% | 1h | 0.02484 | +0.356% | $5K | $81K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0230% / S −0.0246% | 1h | 0.02475 | 0.000% | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02477 | +0.061% | $1.3M | $347K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02476 | +0.016% | $113K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0456% | 1h | 0.02530 | +2.202% | $110K | $54K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.1027% | 1h | 0.02477 | +0.060% | $266K | $119K | 10x | 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
ApeX Omni MONUSDT
SoDEX MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD