MON

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0472%/8h= +51.7% APRnext payment +$0.59 per $10,000 · paid last 24h +0.209%

Price spread now: Coinbase International against Extended+1.296%7-day average +0.419% · you sell dearer than you buy

Net, funding: paid 7d − costs−$266as in the Funding arb table

Net, price: spread back to 7d avg − costs−$271as in the Price arb table

costs, in and out, $10k−$3593.592% of the position

Long on Extended Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.933%+$93 on $10k

Price spread, last 4 days (all we have)−0.873%−$87 · spread now +1.296%, 7d avg +0.419%

Together, before fees+0.060%+ Points / potential airdropExtended: Active · farm board+$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Coinbase International is 0.877% dearer against Extended than usual: you sell high and buy low: +$88 more if the spread goes back to its 7-day average of +0.419%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended MON-USD	0.02510	0.0104	pay 0.0013% / 1h	56m 45s	$53K	$262K	10x
Short	Coinbase International MON-PERP-INTX	0.02542	0.0576	get 0.0072% / 1h	56m 45s	$112K	$55K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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 ExtendedbpFee Coinbase InternationalbpOrdersPrice spread, now +1.296%Rate

Funding earned: $99.12
Price spread: +1.296% → +0.419%: $87.68
Slippage, 4 orders: −$344.15
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$172.36
Costs to cover: 3.592%
Break-even: 19.2 days

Slippage from Extended: live order book, 51 min ago; Coinbase International: live order book, 51 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 Extended live order book, 51 min ago	4.01 bp	27.2 bp −$27	296.1 bp −$2,961	doesn't fit	doesn't fit
Sell Coinbase International live order book, 51 min ago	29.25 bp	160.6 bp −$161	doesn't fit	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
Phoenix MON	0.0000%	1h	0.02517	+0.284%	$12K	$336K	5x	as long as short
Bybit MONUSDT	+0.0030%	8h	0.02505	−0.198%	$20.6M	$13.7M	50x	as long as short
Backpack MON_USDC_PERP	+0.0047%	1h	0.02510	−0.011%	$114K	$154K	10x	as long as short
Aftermath Perps MONUSD	+0.0058%	1h	0.02516	+0.250%	$6K	$98K	10x	as long as short
Orderly PERP_MON_USDC	+0.0084%	4h	0.02510	+0.001%	$16K	$48K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02509	−0.039%	$809K	$782K	10x	as long as short
Paradex MON-USD-PERP	+0.0099%	8h	0.02506	−0.160%	$8K	$42	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02511	+0.034%	$99K	$221K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02510	+0.001%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02509	−0.035%	$139K	$93K	3x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance MONUSDT	+0.0100%	4h	0.02507	−0.105%	$23.9M	$27.6M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02508	−0.078%	$4.2M	$6.2M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02520	+0.394%	$103K	$1K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02508	−0.078%	$939K	$1.0M	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02514	+0.161%	$2.9M	$767K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02508	−0.078%	$2.7M	$2.3M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02514	+0.142%	$746K	$413K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02513	+0.118%	$41K	$249K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02519	+0.348%	$559K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02517	+0.280%	$68K	$532K	50x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02516	+0.233%	$402K	$578K	10x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02508	−0.078%	$5K	$6K	5x	as long as short
Extended MON-USDlong	+0.0104%	1h	0.02510	long leg	$53K	$262K	10x
Aevo MON-PERP	+0.0104%	1h	0.02508	−0.070%	$38K	—	3x	as long as short
Injective MON/USDC PERP	+0.0109%	1h	0.02506	−0.158%	$5K	$108	5.5x	as long as short
Deribit MON_USDC-PERPETUAL	+0.0149%	1h	0.02509	−0.023%	$74K	$135K	25x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0231% / S −0.0246%	1h	0.02509	−0.019%	$6K	—	50x	as long as short
01 Exchange MONUSD	+0.0336%	1h	0.02511	+0.045%	$7K	$2K	5x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02511	+0.041%	$1.3M	$348K	75x	as long as short
Hyperliquid MON	+0.0389%	1h	0.02511	+0.057%	$33.9M	$7.8M	5x	as long as short
Perpl MON	+0.0447%	43m	0.02511	+0.045%	$115K	$2.2M	10x	as long as short
Coinbase International MON-PERP-INTXshort	+0.0576%	1h	0.02542	+1.296%	$112K	$55K	50x
Kraken Futures PF_MONUSD	+0.0842%	1h	0.02511	+0.024%	$270K	$118K	10x	as long as short