MON

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0130%/8h= −14.3% APRnext payment −$0.16 per $10,000 · paid last 24h −0.041%

Price spread now: Bulk against GMX+0.150%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Bulk

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

The price spread pays, funding is against you. Bulk is 0.150% dearer against GMX than usual: you sell high and buy low (spread +0.150% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX MON/USD [ETH-USDC]	0.02494	L +0.0230% / S −0.0246%	pay 0.0029% / 1h	22m 20s	$6K	—	50x
Short	Bulk MON-USD	0.02498	0.0100	get 0.0013% / 1h	22m 20s	$103K	−$0	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bulk against GMX. 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 GMXbpFee BulkbpOrdersPrice spread, now +0.150%Rate

Funding earned: −$27.4
Price spread: +0.150% → 0.000%: $15
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Bulk: 3.5 bp × 2 orders: −$7
Net: −$31.41
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Bulk: live order book, 16 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 GMX no order-book sample	—	—	—	—	—
Sell Bulk live order book, 16 min ago	19.96 bp	23.5 bp −$23	39.9 bp −$399	127.6 bp −$12.8K	714.3 bp −$357.2K

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 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
Injective MON/USDC PERP	−0.0032%	1h	0.02503	+0.341%	$5K	$111	5.5x	as long as short
Phoenix MON	0.0000%	1h	0.02493	−0.044%	$13K	$349K	5x	as long as short
Perpl MON	0.0000%	43m	0.02497	+0.108%	$123K	$2.2M	10x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02495	+0.032%	$72K	$138K	25x	as long as short
Backpack MON_USDC_PERP	+0.0088%	1h	0.02499	+0.172%	$109K	$157K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02499	+0.180%	$801K	$785K	10x	as long as short
Paradex MON-USD-PERP	+0.0100%	8h	0.02496	+0.064%	$8K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02499	+0.169%	$391K	$578K	10x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02495	+0.014%	$99K	$213K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02498	+0.142%	$12K	—	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	0.02499	+0.180%	$138K	$91K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02496	+0.048%	$23.7M	$27.6M	75x	as long as short
Bybit MONUSDT	+0.0100%	8h	0.02494	−0.028%	$20.8M	$13.9M	50x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02495	+0.020%	$4.2M	$6.1M	50x	as long as short
Bulk MON-USDshort	+0.0100%	1h	0.02498	+0.150%	$103K	−$0	10x
Gate MON_USDT	+0.0100%	4h	0.02495	+0.020%	$936K	$1.1M	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02498	+0.140%	$2.9M	$766K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02497	+0.100%	$2.7M	$2.3M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02491	−0.159%	$739K	$410K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02493	−0.063%	$41K	$250K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02496	+0.060%	$563K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02495	+0.020%	$68K	$540K	50x	as long as short
Orderly PERP_MON_USDC	+0.0100%	4h	0.02495	+0.020%	$16K	$42K	10x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02495	+0.020%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02499	+0.166%	$47K	$314K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02494	0.000%	$38K	—	3x	as long as short
Hyperliquid MON	+0.0160%	1h	0.02498	+0.136%	$33.8M	$7.8M	5x	as long as short
01 Exchange MONUSD	+0.0200%	1h	0.02497	+0.092%	$6K	$3K	5x	as long as short
GMX MON/USD [ETH-USDC]long	L +0.0230% / S −0.0246%	1h	0.02494	long leg	$6K	—	50x
BloFin MON-USDT	+0.0340%	4h	0.02494	−0.020%	$1.3M	$337K	75x	as long as short
Aftermath Perps MONUSD	+0.0570%	1h	0.02498	+0.152%	$5K	$100K	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0680%	1h	0.02515	+0.814%	$111K	$54K	50x	as long as short
Kraken Futures PF_MONUSD	+0.1207%	1h	0.02498	+0.149%	$268K	$118K	10x	as long as short