MON

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0708%/8h= +77.5% APRnext payment +$0.89 per $10,000 · paid last 24h +0.109%

Price spread now: Coinbase International against Hyperliquid−0.077%7-day average +0.380% · you buy dearer than you sell

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

Long on Hyperliquid Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.765%+$77 on $10k

Price spread, last 3 days (all we have)+0.540%+$54 · spread now −0.077%, 7d avg +0.380%

Together, before fees+1.305%+ Points / potential airdropHyperliquid: Season 2 · farm board+$131 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.457% cheaper against Hyperliquid than usual: you would sell low and buy high (spread −0.077% now, against its 7-day average of +0.380%). If the spread goes back, that is −$46 on $10k: about 2.2 days of funding at the current rate (+$21 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid MON	0.02607	0.0100	pay 0.0013% / 1h	10m 50s	$35.5M	$7.6M	5x
Short	Coinbase International MON-PERP-INTX	0.02604	0.0808	get 0.0101% / 1h	10m 50s	$114K	$52K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Hyperliquid. 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 HyperliquidbpFee Coinbase InternationalbpOrdersPrice spread, now −0.077%Rate

Funding earned: $148.68
Price spread: −0.077% → +0.380%: −$45.71
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $83.97
Costs to cover: 0.190%
Break-even: 3.0 days

Slippage unknown: Hyperliquid: live order book, 12 min ago; Coinbase International: live order book, 62 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 Hyperliquid live order book, 12 min ago	1.16 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 62 min ago	36.15 bp	123.4 bp −$123	doesn't fit	doesn't fit	doesn't fit

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	−1.400%	$6K	$108	5.5x	as long as short
Phoenix MON	0.0000%	1h	0.02601	−0.207%	$14K	$351K	5x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02594	−0.483%	$70K	$119K	25x	as long as short
01 Exchange MONUSD	+0.0016%	1h	0.02596	−0.387%	$6K	$1K	5x	as long as short
Bybit MONUSDT	+0.0058%	8h	0.02599	−0.288%	$21.6M	$12.2M	50x	as long as short
Orderly PERP_MON_USDC	+0.0063%	4h	0.02592	−0.556%	$17K	$59K	10x	as long as short
Paradex MON-USD-PERP	+0.0092%	8h	0.02594	−0.473%	$8K	$42	5x	as long as short
Lighter MON	+0.0096%	1h	0.02595	−0.441%	$864K	$755K	10x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02602	−0.154%	$401K	$526K	10x	as long as short
Hyperliquid MONlong	+0.0100%	1h	0.02607	long leg	$35.5M	$7.6M	5x

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster MONUSDT	+0.0100%	4h	0.02598	−0.340%	$108K	$231K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02598	−0.333%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02596	−0.403%	$143K	$103K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02600	−0.254%	$24.9M	$25.4M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02599	−0.288%	$4.4M	$5.9M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02560	−1.768%	$106K	$4K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02597	−0.364%	$979K	$929K	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02598	−0.326%	$2.9M	$728K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02601	−0.211%	$2.8M	$1.9M	25x	as long as short
Backpack MON_USDC_PERP	+0.0100%	1h	0.02595	−0.445%	$129K	$142K	10x	as long as short
Variational Omni MON	+0.0100%	8h	0.02593	−0.534%	$780K	$411K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02582	−0.948%	$44K	$249K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02600	−0.248%	$581K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02584	−0.863%	$69K	$488K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02593	−0.518%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02599	−0.287%	$50K	$517K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02591	−0.610%	$39K	—	3x	as long as short
Aftermath Perps MONUSD	+0.0194%	1h	0.02588	−0.724%	$4K	$74K	10x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0261% / S −0.0598%	1h	0.02595	−0.434%	$9K	—	50x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02594	−0.480%	$1.4M	$309K	75x	as long as short
Perpl MON	+0.0447%	43m	0.02599	−0.303%	$120K	$2.1M	10x	as long as short
Kraken Futures PF_MONUSD	+0.0460%	1h	0.02597	−0.366%	$273K	$78K	10x	as long as short
Coinbase International MON-PERP-INTXshort	+0.0808%	1h	0.02604	−0.077%	$114K	$52K	50x