Funding you earn now, next payment 07:00 UTC−0.0009%/8h= −1.0% APRpaid last 24h +0.022%
Price spread now: Binance against Injective+0.003%107s7-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
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate. The two prices were read 107 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective MON/USDC PERP | 0.02489 | 0.0109 | pay 0.0014% / 1h | 31m 25s | $5K | $111 | 5.5x |
| Short | Binance MONUSDT | 0.02489 | 0.0100 | get 0.0050% / 4h | 1h 31m | $23.7M | $27.6M | 75x |
Injective MON/USDC PERP
Binance MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- −$1.96
- Price spread: +0.003% → 0.000%
- $0.32
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$11.66
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Binance: live order book, 10 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 10 min ago | 2.00 bp | 15.8 bp −$16 | 52.0 bp −$520 | 284.4 bp −$28.4K | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MON | 0.0000% | 1h | 0.02487 | −0.072% | $13K | $353K | 5x | as long as short |
| Bybit MONUSDT | +0.0062% | 8h | 0.02489 | 0.000% | $20.5M | $13.7M | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0085% | 4h | 0.02486 | −0.121% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02491 | +0.080% | $799K | $787K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02489 | +0.015% | $7K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02495 | +0.249% | $397K | $572K | 10x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02487 | −0.081% | $98K | $221K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02487 | −0.083% | $12K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02489 | +0.004% | $138K | $91K | 3x | as long as short |
| Binance MONUSDTshort | +0.0100% | 4h | 0.02489 | +0.003% | $23.7M | $27.6M | 75x |
Phoenix MON
Bybit MONUSDT
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Aster MONUSDT
dYdX MON-USD
Pacifica MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02491 | +0.080% | $4.2M | $6.1M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02485 | −0.160% | $102K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02487 | −0.080% | $927K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02492 | +0.121% | $2.8M | $764K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02490 | +0.040% | $2.7M | $2.3M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02488 | −0.052% | $111K | $155K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02489 | +0.003% | $739K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02485 | −0.146% | $41K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02488 | −0.060% | $561K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02489 | 0.000% | $68K | $536K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02486 | −0.121% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02492 | +0.136% | $48K | $266K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02485 | −0.141% | $38K | — | 3x | as long as short |
| Injective MON/USDC PERPlong | +0.0109% | 1h | 0.02489 | long leg | $5K | $111 | 5.5x | |
| Aftermath Perps MONUSD | +0.0206% | 1h | 0.02492 | +0.126% | $6K | $100K | 10x | as long as short |
| 01 Exchange MONUSD | +0.0224% | 1h | 0.02494 | +0.185% | $7K | $2K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0230% / S −0.0246% | 1h | 0.02485 | −0.149% | $6K | — | 50x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0273% | 1h | 0.02487 | −0.088% | $72K | $138K | 25x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02483 | −0.241% | $1.3M | $346K | 75x | as long as short |
| Hyperliquid MON | +0.0392% | 1h | 0.02494 | +0.213% | $33.7M | $7.8M | 5x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02494 | +0.201% | $119K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0576% | 1h | 0.02496 | +0.281% | $110K | $54K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0849% | 1h | 0.02489 | +0.001% | $267K | $119K | 10x | as long as short |
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
01 Exchange MONUSD
GMX MON/USD [ETH-USDC]
Deribit MON_USDC-PERPETUAL
BloFin MON-USDT
Hyperliquid MON
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD