MON

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0189%/8h= +20.7% APRnext payment +$0.24 per $10,000 · paid last 24h +0.024%

Price spread now: Nado against Injective−0.164%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 Nado

What this pair did over the last

the charts below follow

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—+ Points / potential airdropNado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 0.164% cheaper against Injective than usual: you would sell low and buy high (spread −0.164% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 2.9 days of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective MON/USDC PERP	0.02505	−0.0089	get 0.0011% / 1h	30m 42s	$5K	$108	5.5x
Short	Nado MON-PERP	0.02501	0.0100	get 0.0012% / 1h	30m 42s	$389K	$575K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.164%Rate

Funding earned: $39.63
Price spread: −0.164% → 0.000%: −$16.39
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $16.21
Costs to cover: 0.070%
Break-even: 4.1 days

Slippage unknown: Injective: no order-book sample; Nado: live order book, 2 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 Nado live order book, 2 min ago	0.40 bp	10.8 bp −$11	doesn't fit	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
Backpack MON_USDC_PERP	−0.0140%	1h	0.02500	−0.204%	$111K	$157K	10x	as long as short
Injective MON/USDC PERPlong	−0.0089%	1h	0.02505	long leg	$5K	$108	5.5x
Phoenix MON	0.0000%	1h	0.02504	−0.036%	$13K	$346K	5x	as long as short
Deribit MON_USDC-PERPETUAL	+0.0030%	1h	0.02499	−0.236%	$72K	$137K	25x	as long as short
Lighter MON	+0.0096%	1h	0.02496	−0.359%	$802K	$766K	10x	as long as short
Paradex MON-USD-PERP	+0.0100%	8h	0.02498	−0.282%	$8K	$42	5x	as long as short
Nado MON-PERPshort	+0.0100%	1h	0.02501	−0.164%	$389K	$575K	10x
Hyperliquid MON	+0.0100%	1h	0.02499	−0.255%	$33.7M	$7.8M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02496	−0.346%	$99K	$213K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02499	−0.256%	$12K	—	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica MON	+0.0100%	1h	0.02499	−0.220%	$138K	$91K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02496	−0.365%	$23.8M	$27.7M	75x	as long as short
Bybit MONUSDT	+0.0100%	8h	0.02494	−0.439%	$20.8M	$13.9M	50x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02497	−0.319%	$4.2M	$6.2M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02520	+0.583%	$103K	−$0	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02498	−0.279%	$937K	$1.0M	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02499	−0.240%	$2.9M	$771K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02497	−0.319%	$2.7M	$2.3M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02497	−0.336%	$741K	$378K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02503	−0.084%	$41K	$251K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02513	+0.319%	$559K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02505	0.000%	$68K	$545K	50x	as long as short
Orderly PERP_MON_USDC	+0.0100%	4h	0.02498	−0.279%	$16K	$40K	10x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02498	−0.279%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02499	−0.239%	$57K	$332K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02493	−0.467%	$38K	—	3x	as long as short
01 Exchange MONUSD	+0.0120%	1h	0.02502	−0.132%	$6K	$3K	5x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0231% / S −0.0246%	1h	0.02498	−0.263%	$6K	—	50x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02500	−0.200%	$1.3M	$369K	75x	as long as short
Perpl MON	+0.0447%	43m	0.02502	−0.128%	$118K	$2.2M	10x	as long as short
Aftermath Perps MONUSD	+0.0489%	1h	0.02509	+0.143%	$5K	$103K	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0744%	1h	0.02525	+0.798%	$111K	$53K	50x	as long as short
Kraken Futures PF_MONUSD	+0.0801%	1h	0.02500	−0.209%	$268K	$118K	10x	as long as short