MON

Alert: funding

Alert: spread

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: SoDEX against Deribit−0.087%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 SoDEX

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. SoDEX is 0.087% cheaper against Deribit than usual: you would sell low and buy high (spread −0.087% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 2.9 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit MON_USDC-PERPETUAL	0.02534	0	get 0.0000% / 1h	28m 45s	$68K	$125K	25x
Short	SoDEX MON-USD	0.02532	0.0100	get 0.0013% / 1h	28m 45s	$5K	$6K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.087%Rate

Funding earned: $21
Price spread: −0.087% → 0.000%: −$8.68
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$2.68
Costs to cover: 0.150%
Break-even: 7.9 days

Slippage unknown: Deribit: live order book, 10 min ago; SoDEX: 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, 10 min ago	11.47 bp	20.2 bp −$20	doesn't fit	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
Phoenix MON	−0.0316%	1h	0.02540	+0.229%	$13K	$367K	5x	as long as short
Injective MON/USDC PERP	−0.0253%	1h	0.02535	+0.032%	$6K	$111	5.5x	as long as short
Backpack MON_USDC_PERP	−0.0238%	1h	0.02533	−0.063%	$114K	$151K	10x	as long as short
Bybit MONUSDT	−0.0140%	8h	0.02528	−0.241%	$20.7M	$12.9M	50x	as long as short
01 Exchange MONUSD	0.0000%	1h	0.02536	+0.087%	$6K	$1K	5x	as long as short
Perpl MON	0.0000%	43m	0.02536	+0.059%	$105K	$2.3M	10x	as long as short
Deribit MON_USDC-PERPETUALlong	0.0000%	1h	0.02534	long leg	$68K	$125K	25x
Orderly PERP_MON_USDC	+0.0085%	4h	0.02535	+0.032%	$16K	$51K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02532	−0.087%	$844K	$738K	10x	as long as short
Paradex MON-USD-PERP	+0.0099%	8h	0.02530	−0.165%	$8K	$42	5x	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	0.02533	−0.067%	$34.3M	$7.4M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02536	+0.056%	$101K	$229K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02532	−0.082%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02532	−0.087%	$140K	$93K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02531	−0.126%	$24.1M	$26.1M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02530	−0.166%	$4.2M	$5.8M	50x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02535	+0.032%	$952K	$928K	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02536	+0.071%	$2.9M	$742K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02532	−0.087%	$2.7M	$2.0M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02535	+0.051%	$753K	$405K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02534	−0.026%	$42K	$250K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02540	+0.229%	$568K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02539	+0.189%	$68K	$502K	50x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02539	+0.187%	$408K	$541K	10x	as long as short
SoDEX MON-USDshort	+0.0100%	1h	0.02532	−0.087%	$5K	$6K	5x
Bulk MON-USD	+0.0100%	1h	0.02530	−0.166%	$105K	$4K	10x	as long as short
Extended MON-USD	+0.0104%	1h	0.02533	−0.035%	$50K	$516K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02533	−0.067%	$38K	—	3x	as long as short
Aftermath Perps MONUSD	+0.0233%	1h	0.02535	+0.031%	$2K	$74K	10x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0260% / S −0.0429%	1h	0.02535	+0.051%	$9K	—	50x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02534	−0.008%	$1.3M	$321K	75x	as long as short
Kraken Futures PF_MONUSD	+0.0491%	1h	0.02536	+0.069%	$270K	$100K	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0536%	1h	0.02542	+0.288%	$111K	$52K	50x	as long as short