MON

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0161%/8h= −17.6% APRnext payment −$0.20 per $10,000 · paid last 24h −0.032%

Price spread now: Nado against GMX+0.278%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 Nado

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—+ Points / potential airdropNado: Active · farm boardneeds both histories

The price spread pays, funding is against you. Nado is 0.278% dearer against GMX than usual: you sell high and buy low (spread +0.278% now, against zero (this spread has no 7-day history yet)): +$28 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 5.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX MON/USD [ETH-USDC]	0.02583	L +0.0261% / S −0.0598%	pay 0.0033% / 1h	5m 08s	$9K	—	50x
Short	Nado MON-PERP	0.02590	0.0100	get 0.0012% / 1h	5m 08s	$399K	$523K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.278%Rate

Funding earned: −$33.78
Price spread: +0.278% → 0.000%: $27.85
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$24.93
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Nado: live order book, 3 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 Nado live order book, 3 min ago	0.58 bp	10.2 bp −$10	doesn't fit	doesn't fit	doesn't fit

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	−0.0444%	1h	0.02570	−0.488%	$6K	$108	5.5x	as long as short
Phoenix MON	0.0000%	1h	0.02592	+0.376%	$13K	$351K	5x	as long as short
01 Exchange MONUSD	+0.0008%	1h	0.02582	−0.039%	$6K	$1K	5x	as long as short
Deribit MON_USDC-PERPETUAL	+0.0021%	1h	0.02584	+0.054%	$70K	$119K	25x	as long as short
Orderly PERP_MON_USDC	+0.0063%	4h	0.02583	+0.015%	$17K	$59K	10x	as long as short
Paradex MON-USD-PERP	+0.0093%	8h	0.02582	−0.029%	$8K	$42	5x	as long as short
Lighter MON	+0.0096%	1h	0.02585	+0.093%	$861K	$755K	10x	as long as short
Bybit MONUSDT	+0.0099%	8h	0.02583	+0.015%	$21.5M	$12.2M	50x	as long as short
Nado MON-PERPshort	+0.0100%	1h	0.02590	+0.278%	$399K	$523K	10x
Hyperliquid MON	+0.0100%	1h	0.02588	+0.209%	$35.3M	$7.5M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster MONUSDT	+0.0100%	4h	0.02587	+0.179%	$108K	$231K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02588	+0.199%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02584	+0.054%	$143K	$103K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02583	+0.015%	$24.7M	$25.4M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02581	−0.062%	$4.3M	$5.8M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02595	+0.480%	$108K	$4K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02584	+0.054%	$974K	$931K	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02589	+0.248%	$2.9M	$728K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02586	+0.132%	$2.8M	$1.9M	25x	as long as short
Backpack MON_USDC_PERP	+0.0100%	1h	0.02584	+0.035%	$129K	$142K	10x	as long as short
Variational Omni MON	+0.0100%	8h	0.02582	−0.022%	$776K	$410K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02591	+0.307%	$44K	$248K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02600	+0.690%	$581K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02599	+0.635%	$69K	$487K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02583	+0.015%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02590	+0.284%	$49K	$517K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02583	−0.004%	$39K	—	3x	as long as short
Aftermath Perps MONUSD	+0.0210%	1h	0.02590	+0.271%	$4K	$74K	10x	as long as short
GMX MON/USD [ETH-USDC]long	L +0.0261% / S −0.0598%	1h	0.02583	long leg	$9K	—	50x
BloFin MON-USDT	+0.0340%	4h	0.02583	+0.015%	$1.4M	$308K	75x	as long as short
Perpl MON	+0.0447%	43m	0.02585	+0.101%	$118K	$2.1M	10x	as long as short
Kraken Futures PF_MONUSD	+0.0462%	1h	0.02588	+0.204%	$272K	$78K	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0808%	1h	0.02608	+0.991%	$114K	$52K	50x	as long as short