MON

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.1337%/8h= +146.4% APRnext payment +$1.67 per $10,000 · paid last 24h +0.061%

Price spread now: GMX against Injective−0.677%7-day average — · you buy dearer than you sell

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

Long on Injective Short on GMX

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—needs both histories

Funding pays, the price is against you. GMX is 0.677% cheaper against Injective than usual: you would sell low and buy high (spread −0.677% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$68 on $10k: about 41 hours of funding at the current rate (+$40 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective MON/USDC PERP	0.02599	−0.0739	get 0.0092% / 1h	5m 10s	$6K	$110	5.5x
Short	GMX MON/USD [ETH-USDC]	0.02581	L +0.0261% / S −0.0598%	get 0.0075% / 1h	5m 10s	$9K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Injective. 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 InjectivebpFee GMXbpOrdersPrice spread, now −0.677%Rate

Funding earned: $280.69
Price spread: −0.677% → 0.000%: −$67.72
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee GMX: 6 bp × 2 orders: −$12
Net: $200.95
Costs to cover: 0.120%
Break-even: 2.0 days

Slippage unknown: Injective: no order-book sample; GMX: 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 Injective no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Injective and 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 PERPlong	−0.0739%	1h	0.02599	long leg	$6K	$110	5.5x
Deribit MON_USDC-PERPETUAL	−0.0370%	1h	0.02581	−0.708%	$66K	$114K	25x	as long as short
01 Exchange MONUSD	−0.0320%	1h	0.02573	−1.000%	$6K	$1K	5x	as long as short
Bybit MONUSDT	−0.0025%	8h	0.02576	−0.885%	$21.5M	$11.8M	50x	as long as short
Phoenix MON	0.0000%	1h	0.02591	−0.316%	$13K	$384K	5x	as long as short
Paradex MON-USD-PERP	+0.0071%	8h	0.02579	−0.755%	$8K	$42	5x	as long as short
Orderly PERP_MON_USDC	+0.0077%	4h	0.02577	−0.846%	$17K	$64K	10x	as long as short
Aftermath Perps MONUSD	+0.0087%	1h	0.02591	−0.307%	$2K	$73K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02580	−0.731%	$843K	$763K	10x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02583	−0.631%	$388K	$536K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid MON	+0.0100%	1h	0.02582	−0.666%	$34.8M	$7.5M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02585	−0.556%	$108K	$233K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02583	−0.600%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02581	−0.693%	$142K	$106K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02578	−0.808%	$24.5M	$24.6M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02577	−0.846%	$4.4M	$6.0M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02600	+0.038%	$109K	$3K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02580	−0.731%	$1.0M	$935K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02582	−0.654%	$2.7M	$1.8M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02579	−0.755%	$778K	$412K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02589	−0.395%	$47K	$242K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02592	−0.257%	$583K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02589	−0.385%	$69K	$479K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02578	−0.808%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02582	−0.673%	$52K	$407K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02578	−0.808%	$39K	—	3x	as long as short
BloFin MON-USDT	+0.0109%	4h	0.02576	−0.885%	$1.4M	$244K	75x	as long as short
Kraken Futures PF_MONUSD	+0.0132%	1h	0.02584	−0.596%	$266K	$67K	10x	as long as short
GMX MON/USD [ETH-USDC]short	L +0.0261% / S −0.0598%	1h	0.02581	−0.677%	$9K	—	50x
Backpack MON_USDC_PERP	+0.0271%	1h	0.02580	−0.720%	$138K	$137K	10x	as long as short
KuCoin MONUSDTM	+0.0334%	4h	0.02586	−0.500%	$3.1M	$747K	75x	as long as short
Perpl MON	+0.0447%	43m	0.02580	−0.731%	$144K	$1.8M	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0648%	1h	0.02607	+0.296%	$114K	$50K	50x	as long as short