Funding you earn now, next payment 22:00 UTC+0.0839%/8h= +91.8% APRpaid last 24h −0.001%
Price spread now: Bitget against Injective+0.077%91s7-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
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Bitget is 0.077% dearer against Injective than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 91 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 | 0.02596 | −0.0739 | get 0.0092% / 1h | 23m 54s | $6K | $109 | 5.5x |
| Short | Bitget MONUSDT | 0.02598 | 0.0100 | get 0.0050% / 4h | 2h 23m | $2.8M | $1.8M | 25x |
Injective MON/USDC PERP
Bitget MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $176.14
- Price spread: +0.077% → 0.000%
- $7.7
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $171.83
- Costs to cover
- 0.120%
- Break-even
- 0.2 days
Slippage unknown: Injective: no order-book sample; Bitget: live order book, 4 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 Bitget live order book, 4 min ago | 5.78 bp | 19.6 bp −$20 | 66.3 bp −$663 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERPlong | −0.0739% | 1h | 0.02596 | long leg | $6K | $109 | 5.5x | |
| 01 Exchange MONUSD | −0.0248% | 1h | 0.02598 | +0.092% | $6K | $1K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0096% | 1h | 0.02599 | +0.116% | $63K | $110K | 25x | as long as short |
| Bybit MONUSDT | 0.0000% | 8h | 0.02594 | −0.062% | $21.6M | $11.8M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02594 | −0.073% | $13K | $384K | 5x | as long as short |
| BloFin MON-USDT | +0.0083% | 4h | 0.02597 | +0.039% | $1.4M | $245K | 75x | as long as short |
| Orderly PERP_MON_USDC | +0.0091% | 4h | 0.02598 | +0.077% | $17K | $64K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0095% | 8h | 0.02597 | +0.045% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02599 | +0.116% | $853K | $758K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02600 | +0.140% | $374K | $527K | 10x | as long as short |
01 Exchange MONUSD
Deribit MON_USDC-PERPETUAL
Bybit MONUSDT
Phoenix MON
BloFin MON-USDT
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Lighter MON
Nado MON-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02600 | +0.166% | $35.0M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02598 | +0.076% | $108K | $233K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02597 | +0.044% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02598 | +0.081% | $143K | $106K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02597 | +0.039% | $24.6M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02594 | −0.077% | $4.4M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02600 | +0.154% | $109K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02598 | +0.077% | $1.0M | $934K | 50x | as long as short |
| Bitget MONUSDTshort | +0.0100% | 4h | 0.02598 | +0.077% | $2.8M | $1.8M | 25x | |
| Variational Omni MON | +0.0100% | 8h | 0.02596 | −0.003% | $777K | $407K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02592 | −0.153% | $48K | $242K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02594 | −0.058% | $584K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02594 | −0.077% | $69K | $480K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02597 | +0.039% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02600 | +0.173% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02597 | +0.035% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0131% | 1h | 0.02601 | +0.200% | $268K | $67K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0196% | 1h | 0.02596 | −0.017% | $2K | $73K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02598 | +0.089% | $9K | — | 50x | as long as short |
| Backpack MON_USDC_PERP | +0.0286% | 1h | 0.02599 | +0.100% | $138K | $136K | 10x | as long as short |
| KuCoin MONUSDTM | +0.0360% | 4h | 0.02604 | +0.308% | $3.2M | $745K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02599 | +0.108% | $146K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0648% | 1h | 0.02600 | +0.139% | $114K | $49K | 50x | as long as short |
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Kraken Futures PF_MONUSD
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
Backpack MON_USDC_PERP
KuCoin MONUSDTM
Perpl MON
Coinbase International MON-PERP-INTX