Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.016%
Price spread now: Variational Omni against Deribit−0.466%7-day average −0.155% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.075%−$7 on $10k
+Price spread, last 4 days (all we have)−0.099%−$10 · spread now −0.466%, 7d avg −0.155%
=Together, before fees−0.174%+ Points / potential airdropVariational Omni: Active · farm board−$17 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.311% cheaper against Deribit than usual: you would sell low and buy high (spread −0.466% now, against its 7-day average of −0.155%). 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 4 days funding on this pair cost −0.075%, 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 | 0.02514 | 0 | get 0.0000% / 1h | 12m 07s | $74K | $135K | 25x |
| Short | Variational Omni MON | 0.02503 | 0.0100 | get 0.0100% / 8h | 2h 12m | $739K | $410K | — |
Deribit MON_USDC-PERPETUAL
Variational Omni MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational 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: −0.466% → −0.155%
- −$31.08
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$17.08
- Costs to cover
- 0.070%
- Break-even
- 12.7 days
Slippage unknown: Deribit: live order book, 12 min ago; Variational Omni: RFQ quote, 37 min ago. 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, 12 min ago | 10.10 bp | 13.6 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 37 min ago | 8.02 bp | doesn't fit | 124.2 bp −$1,242 | 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 | −0.0084% | 1h | 0.02517 | +0.095% | $114K | $154K | 10x | as long as short |
| Bybit MONUSDT | −0.0006% | 8h | 0.02513 | −0.052% | $20.6M | $13.7M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02499 | −0.593% | $12K | $355K | 5x | as long as short |
| Deribit MON_USDC-PERPETUALlong | 0.0000% | 1h | 0.02514 | long leg | $74K | $135K | 25x | |
| 01 Exchange MONUSD | +0.0016% | 1h | 0.02514 | 0.000% | $7K | $2K | 5x | as long as short |
| Injective MON/USDC PERP | +0.0039% | 1h | 0.02506 | −0.330% | $5K | $114 | 5.5x | as long as short |
| Aftermath Perps MONUSD | +0.0041% | 1h | 0.02503 | −0.464% | $5K | $94K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0083% | 4h | 0.02514 | −0.012% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02514 | −0.012% | $819K | $768K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02512 | −0.085% | $8K | $42 | 5x | as long as short |
Backpack MON_USDC_PERP
Bybit MONUSDT
Phoenix MON
01 Exchange MONUSD
Injective MON/USDC PERP
Aftermath Perps MONUSD
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02517 | +0.115% | $33.8M | $7.6M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02514 | +0.002% | $100K | $221K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02514 | −0.030% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02513 | −0.040% | $139K | $92K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02514 | −0.010% | $23.9M | $27.5M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02514 | −0.012% | $4.2M | $6.2M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02510 | −0.171% | $103K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02514 | −0.012% | $943K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02516 | +0.068% | $2.9M | $768K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02514 | −0.012% | $2.7M | $2.3M | 25x | as long as short |
| Variational Omni MONshort | +0.0100% | 8h | 0.02503 | −0.466% | $739K | $410K | — | |
| edgeX MONUSDC | +0.0100% | 4h | 0.02505 | −0.374% | $41K | $252K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02508 | −0.251% | $557K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02507 | −0.290% | $68K | $530K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02517 | +0.092% | $412K | $571K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02514 | −0.012% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02517 | +0.104% | $47K | $256K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02514 | −0.032% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02514 | −0.012% | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02510 | −0.171% | $1.3M | $347K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02514 | −0.008% | $115K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0456% | 1h | 0.02515 | +0.008% | $110K | $56K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.1011% | 1h | 0.02516 | +0.070% | $270K | $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
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Nado MON-PERP
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD