MON

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0216%/8h= +23.7% APRnext payment +$0.27 per $10,000 · paid last 24h +0.080%

Price spread now: GMX against Deribit−0.028%7-day average — · you buy dearer than you sell

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

Long on Deribit Short on GMX

What this pair did over the last

the charts below follow

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. GMX is 0.028% cheaper against Deribit than usual: you would sell low and buy high (spread −0.028% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 10 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit MON_USDC-PERPETUAL	0.02499	0.0030	pay 0.0004% / 1h	30m 46s	$72K	$137K	25x
Short	GMX MON/USD [ETH-USDC]	0.02498	L +0.0231% / S −0.0246%	get 0.0031% / 1h	30m 46s	$6K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Deribit. 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 DeribitbpFee GMXbpOrdersPrice spread, now −0.028%Rate

Funding earned: $45.4
Price spread: −0.028% → 0.000%: −$2.8
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: $23.59
Costs to cover: 0.190%
Break-even: 3.4 days

Slippage unknown: Deribit: live order book, 43 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 Deribit live order book, 43 min ago	8.17 bp	14.1 bp −$14	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
Backpack MON_USDC_PERP	−0.0140%	1h	0.02500	+0.032%	$111K	$157K	10x	as long as short
Injective MON/USDC PERP	−0.0089%	1h	0.02505	+0.236%	$5K	$108	5.5x	as long as short
Phoenix MON	0.0000%	1h	0.02504	+0.200%	$13K	$346K	5x	as long as short
Deribit MON_USDC-PERPETUALlong	+0.0030%	1h	0.02499	long leg	$72K	$137K	25x
Lighter MON	+0.0096%	1h	0.02496	−0.124%	$802K	$766K	10x	as long as short
Paradex MON-USD-PERP	+0.0100%	8h	0.02498	−0.047%	$8K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02501	+0.072%	$389K	$575K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02499	−0.020%	$33.7M	$7.8M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02496	−0.111%	$99K	$213K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02499	−0.021%	$12K	—	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica MON	+0.0100%	1h	0.02499	+0.016%	$138K	$91K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02496	−0.130%	$23.8M	$27.7M	75x	as long as short
Bybit MONUSDT	+0.0100%	8h	0.02494	−0.204%	$20.8M	$13.9M	50x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02497	−0.084%	$4.2M	$6.2M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02520	+0.820%	$103K	−$0	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02498	−0.044%	$937K	$1.0M	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02499	−0.004%	$2.9M	$771K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02497	−0.084%	$2.7M	$2.3M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02497	−0.101%	$741K	$378K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02503	+0.152%	$41K	$251K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02513	+0.556%	$559K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02505	+0.236%	$68K	$545K	50x	as long as short
Orderly PERP_MON_USDC	+0.0100%	4h	0.02498	−0.044%	$16K	$40K	10x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02498	−0.044%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02499	−0.003%	$57K	$332K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02493	−0.232%	$38K	—	3x	as long as short
01 Exchange MONUSD	+0.0120%	1h	0.02502	+0.104%	$6K	$3K	5x	as long as short
GMX MON/USD [ETH-USDC]short	L +0.0231% / S −0.0246%	1h	0.02498	−0.028%	$6K	—	50x
BloFin MON-USDT	+0.0340%	4h	0.02500	+0.036%	$1.3M	$369K	75x	as long as short
Perpl MON	+0.0447%	43m	0.02502	+0.108%	$118K	$2.2M	10x	as long as short
Aftermath Perps MONUSD	+0.0489%	1h	0.02509	+0.380%	$5K	$103K	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0744%	1h	0.02525	+1.036%	$111K	$53K	50x	as long as short
Kraken Futures PF_MONUSD	+0.0801%	1h	0.02500	+0.026%	$268K	$118K	10x	as long as short