Funding you earn now, next payment 08:50 UTC+0.0215%/8h= +23.6% APRpaid last 24h −0.020%
Price spread now: Perpl against GMX+0.031%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Perpl is 0.031% dearer against GMX than usual: you sell high and buy low: +$3 more if the spread 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 | GMX MON/USD [ETH-USDC] | 0.02546 | L +0.0231% / S −0.0246% | pay 0.0029% / 1h | 53m 39s | $6K | — | 50x |
| Short | Perpl MON | 0.02547 | 0.0447 | get 0.0040% / 43m | 8m 39s | $118K | $2.1M | 10x |
GMX MON/USD [ETH-USDC]
Perpl MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl against GMX. 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
- $45.23
- Price spread: +0.031% → 0.000%
- $3.14
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- $22.57
- Costs to cover
- 0.258%
- Break-even
- 3.5 days
Slippage unknown: GMX: no order-book sample; Perpl: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Perpl no order-book sample | — | — | — | — | — |
GMX and Perpl: 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 | −0.0207% | 1h | 0.02550 | +0.173% | $113K | $152K | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0025% | 1h | 0.02548 | +0.059% | $73K | $133K | 25x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02557 | +0.412% | $14K | $307K | 5x | as long as short |
| Injective MON/USDC PERP | +0.0033% | 1h | 0.02505 | −1.610% | $5K | $104 | 5.5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02548 | +0.079% | $831K | $759K | 10x | as long as short |
| 01 Exchange MONUSD | +0.0096% | 1h | 0.02543 | −0.114% | $6K | $3K | 5x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02542 | −0.168% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02546 | +0.012% | $394K | $580K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02542 | −0.137% | $34.2M | $6.6M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02546 | −0.017% | $100K | $202K | 10x | as long as short |
Backpack MON_USDC_PERP
Deribit MON_USDC-PERPETUAL
Phoenix MON
Injective MON/USDC PERP
Lighter MON
01 Exchange MONUSD
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MON
Aster MONUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02546 | +0.009% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02544 | −0.063% | $141K | $89K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02545 | −0.039% | $24.5M | $26.8M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02543 | −0.118% | $21.3M | $13.5M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02545 | −0.039% | $4.2M | $6.1M | 50x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02549 | +0.118% | $1.1M | $1.1M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02548 | +0.079% | $2.9M | $765K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02547 | +0.039% | $2.8M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02549 | +0.098% | $757K | $375K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02559 | +0.492% | $42K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02564 | +0.710% | $581K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02563 | +0.668% | $69K | $545K | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02547 | +0.039% | $16K | $36K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02545 | −0.039% | $5K | $6K | 5x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02555 | +0.354% | $105K | −$0 | 10x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02547 | +0.029% | $61K | $329K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02538 | −0.310% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC]long | L +0.0231% / S −0.0246% | 1h | 0.02546 | long leg | $6K | — | 50x | |
| BloFin MON-USDT | +0.0340% | 4h | 0.02562 | +0.628% | $1.4M | $401K | 75x | as long as short |
| Perpl MONshort | +0.0447% | 43m | 0.02547 | +0.031% | $118K | $2.1M | 10x | |
| Kraken Futures PF_MONUSD | +0.0670% | 1h | 0.02548 | +0.085% | $274K | $117K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0675% | 1h | 0.02552 | +0.252% | $4K | $97K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0800% | 1h | 0.02575 | +1.143% | $114K | $53K | 50x | as long as short |
dYdX MON-USD
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
Orderly PERP_MON_USDC
SoDEX MON-USD
Bulk MON-USD
Extended MON-USD
Aevo MON-PERP
BloFin MON-USDT
Kraken Futures PF_MONUSD
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX