MON

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0498%/8h= +54.5% APRnext payment +$0.62 per $10,000 · paid last 24h +0.071%

Price spread now: GMX against Nado−0.309%52s7-day average — · you buy dearer than you sell

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

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

Funding pays, the price is against you. GMX is 0.309% cheaper against Nado than usual: you would sell low and buy high (spread −0.309% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$31 on $10k: about 2.1 days of funding at the current rate (+$15 a day). The two prices were read 52 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	Nado MON-PERP	0.02589	0.0100	pay 0.0012% / 1h	26m 36s	$395K	$532K	10x
Short	GMX MON/USD [ETH-USDC]	0.02581	L +0.0261% / S −0.0598%	get 0.0075% / 1h	26m 36s	$9K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Nado. 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 NadobpFee GMXbpOrdersPrice spread, now −0.309%Rate

Funding earned: $104.54
Price spread: −0.309% → 0.000%: −$30.88
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee GMX: 6 bp × 2 orders: −$12
Net: $54.67
Costs to cover: 0.190%
Break-even: 3.3 days

Slippage unknown: Nado: live order book, 46 min ago; 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 Nado live order book, 46 min ago	2.15 bp	10.3 bp −$10	1151.7 bp −$11.5K	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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 PERP	−0.0444%	1h	0.02576	−0.517%	$6K	$107	5.5x	as long as short
Phoenix MON	0.0000%	1h	0.02580	−0.378%	$13K	$351K	5x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02582	−0.270%	$70K	$119K	25x	as long as short
Orderly PERP_MON_USDC	+0.0067%	4h	0.02580	−0.363%	$17K	$64K	10x	as long as short
01 Exchange MONUSD	+0.0080%	1h	0.02583	−0.262%	$6K	$1K	5x	as long as short
Lighter MON	+0.0096%	1h	0.02586	−0.131%	$861K	$754K	10x	as long as short
Paradex MON-USD-PERP	+0.0099%	8h	0.02582	−0.271%	$8K	$42	5x	as long as short
Nado MON-PERPlong	+0.0100%	1h	0.02589	long leg	$395K	$532K	10x
Hyperliquid MON	+0.0100%	1h	0.02587	−0.096%	$35.2M	$7.5M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02583	−0.258%	$107K	$231K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX MON-USD	+0.0100%	1h	0.02581	−0.332%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02584	−0.228%	$143K	$104K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02584	−0.216%	$24.7M	$25.4M	75x	as long as short
Bybit MONUSDT	+0.0100%	8h	0.02584	−0.189%	$21.5M	$12.2M	50x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02584	−0.208%	$4.3M	$5.9M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02580	−0.363%	$106K	$2K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02582	−0.286%	$978K	$907K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02587	−0.092%	$2.8M	$1.9M	25x	as long as short
Backpack MON_USDC_PERP	+0.0100%	1h	0.02583	−0.239%	$128K	$140K	10x	as long as short
Variational Omni MON	+0.0100%	8h	0.02575	−0.571%	$778K	$407K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02580	−0.349%	$44K	$246K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02579	−0.401%	$584K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02582	−0.286%	$69K	$486K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02581	−0.324%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02587	−0.103%	$49K	$520K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02581	−0.320%	$39K	—	3x	as long as short
KuCoin MONUSDTM	+0.0164%	4h	0.02586	−0.131%	$3.0M	$720K	75x	as long as short
Aftermath Perps MONUSD	+0.0192%	1h	0.02581	−0.316%	$4K	$74K	10x	as long as short
GMX MON/USD [ETH-USDC]short	L +0.0261% / S −0.0598%	1h	0.02581	−0.309%	$9K	—	50x
BloFin MON-USDT	+0.0340%	4h	0.02581	−0.324%	$1.4M	$307K	75x	as long as short
Perpl MON	+0.0447%	43m	0.02582	−0.293%	$180K	$2.0M	10x	as long as short
Kraken Futures PF_MONUSD	+0.0462%	1h	0.02586	−0.146%	$272K	$78K	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0808%	1h	0.02584	−0.204%	$113K	$51K	50x	as long as short