MON

Alert

Funding spread now, next payment 17:00 UTC+0.0239%/8h

next payment, per $10,000+$0.30paid, last 24h+0.047%paid, last 3 days+0.062%to open and closeno order book

The current rate is far above what this pair has been paying: over the last 3 days it paid 0.062% in total (about 7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.30 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended MON-USD	0.02581	0.0104	pay 0.0013% / 1h	15m 40s	$45K	$402K	10x
Short	GMX MON/USD [ETH-USDC]	0.02579	L +0.0231% / S −0.0343%	get 0.0043% / 1h	15m 40s	$6K	—	50x

Funding history

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Funding on every exchange

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Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee GMXbpOrdersRate

Funding earned: $50.2
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee GMX: 6 bp × 2 orders: −$12
Net: $33.2
Break-even: 2.4 days

Slippage unknown: Extended: live order book, 4 min ago; GMX: no order-book sample. Net counts fees only.

Price risk

price view

Price gap now: −0.090%
Avg gap 7d: —

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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, 4 min ago	3.91 bp	26.0 bp −$26	266.3 bp −$2,663	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 32 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Lighter MON	+0.0096%	1h	$857K	$811K	10x	as long as short
Nado MON-PERP	+0.0100%	1h	$302K	$512K	10x	as long as short
Aster MONUSDT	+0.0100%	4h	$112K	$240K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	$163K	$89K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	$24.5M	$23.3M	75x	as long as short
Bybit MONUSDT	+0.0100%	8h	$21.4M	$11.1M	50x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	$4.4M	$6.4M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	$106K	$25K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	$962K	$955K	50x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
Bitget MONUSDT	+0.0100%	4h	$2.7M	$1.7M	25x	as long as short
Backpack MON_USDC_PERP	+0.0100%	1h	$125K	$128K	10x	as long as short
Variational Omni MON	+0.0100%	8h	$794K	$314K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	$47K	$240K	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	$68K	$496K	50x	as long as short
Orderly PERP_MON_USDC	+0.0100%	4h	$17K	$71K	10x	as long as short
SoDEX MON-USD	+0.0100%	1h	$5K	$6K	5x	as long as short
Paradex MON-USD-PERP	+0.0100%	8h	$8K	—	5x	as long as short
BloFin MON-USDT	+0.0103%	4h	$1.4M	$201K	75x	as long as short
Extended MON-USDlong	+0.0104%	1h	$45K	$402K	10x
Aevo MON-PERP	+0.0104%	1h	$39K	—	3x	as long as short
Injective MON/USDC PERP	+0.0199%	1h	$6K	$111	5.5x	as long as short
GMX MON/USD [ETH-USDC]short	L +0.0231% / S −0.0343%	1h	$6K	—	50x
Hyperliquid MON	+0.0308%	1h	$34.8M	$7.7M	5x	as long as short
Phoenix MON	+0.0310%	1h	$13K	$420K	5x	as long as short
01 Exchange MONUSD	+0.0344%	1h	$6K	$1K	5x	as long as short
Deribit MON_USDC-PERPETUAL	+0.0371%	1h	$44K	$70K	25x	as long as short
Perpl MON	+0.0447%	43m	$219K	$1.6M	10x	as long as short
KuCoin MONUSDTM	+0.0504%	4h	$2.6M	$708K	75x	as long as short
Kraken Futures PF_MONUSD	+0.0987%	1h	$256K	$71K	10x	as long as short
Coinbase International MON-PERP-INTX	+0.1176%	1h	$115K	$48K	50x	as long as short
Aftermath Perps MONUSD	+0.1351%	1h	$6K	$83K	10x	as long as short