Funding you earn now, next payment 10:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.008%
Price spread now: Orderly against Extended+0.167%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.167% dearer against Extended than usual: you sell high and buy low, +$17 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MON-USD | 0.02542 | 0.0104 | pay 0.0013% / 1h | 54m 35s | $61K | $329K | 10x |
| Short | Orderly PERP_MON_USDC | 0.02546 | 0.0100 | get 0.0050% / 4h | 2h 54m | $16K | $36K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Extended. 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
- −$0.84
- Price spread: +0.167% → 0.000%
- $16.71
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $4.87
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Extended: live order book, 38 min ago; Orderly: 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 Extended live order book, 38 min ago | 6.01 bp | 28.0 bp −$28 | 184.3 bp −$1,843 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.0151% | 1h | 0.02545 | +0.120% | $113K | $152K | 10x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02557 | +0.580% | $14K | $307K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02546 | +0.183% | $73K | $133K | 25x | as long as short |
| Injective MON/USDC PERP | +0.0033% | 1h | 0.02505 | −1.446% | $5K | $104 | 5.5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02544 | +0.088% | $830K | $759K | 10x | as long as short |
| 01 Exchange MONUSD | +0.0096% | 1h | 0.02543 | +0.053% | $6K | $3K | 5x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02542 | −0.002% | $8K | $42 | 5x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02545 | +0.120% | $34.3M | $6.6M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02544 | +0.090% | $100K | $202K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02546 | +0.176% | $13K | — | 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 | 0.02542 | +0.022% | $141K | $89K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02543 | +0.049% | $24.5M | $26.8M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02537 | −0.171% | $21.2M | $13.5M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02540 | −0.069% | $4.2M | $6.1M | 50x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02544 | +0.088% | $1.1M | $1.1M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02546 | +0.167% | $2.9M | $765K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02544 | +0.088% | $2.8M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02549 | +0.266% | $757K | $375K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02559 | +0.660% | $42K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02564 | +0.878% | $581K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02563 | +0.836% | $69K | $545K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02548 | +0.228% | $392K | $579K | 10x | as long as short |
| Orderly PERP_MON_USDCshort | +0.0100% | 4h | 0.02546 | +0.167% | $16K | $36K | 10x | |
| SoDEX MON-USD | +0.0100% | 1h | 0.02544 | +0.088% | $5K | $6K | 5x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02555 | +0.522% | $105K | −$0 | 10x | as long as short |
| Extended MON-USDlong | +0.0104% | 1h | 0.02542 | long leg | $61K | $329K | 10x | |
| Aevo MON-PERP | +0.0104% | 1h | 0.02541 | −0.022% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02546 | +0.167% | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02562 | +0.797% | $1.4M | $401K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02547 | +0.199% | $118K | $2.1M | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0668% | 1h | 0.02554 | +0.493% | $4K | $97K | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0670% | 1h | 0.02548 | +0.252% | $274K | $117K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0800% | 1h | 0.02575 | +1.312% | $114K | $53K | 50x | as long as short |
Extended MON-USD
Backpack MON_USDC_PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
Injective MON/USDC PERP
Lighter MON
01 Exchange MONUSD
Paradex MON-USD-PERP
Hyperliquid MON
Aster MONUSDT
Pacifica MON
Binance MONUSDT
Bybit MONUSDT
OKX MON-USDT-SWAP
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Bulk MON-USD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Aftermath Perps MONUSD
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX