MON

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.08 per $10,000 · paid last 24h +0.007%

Price spread now: edgeX against Orderly−0.121%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.049%+$5 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.121% cheaper against Orderly than usual: you would sell low and buy high (spread −0.121% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 24 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_MON_USDC	0.02476	0.0083	pay 0.0042% / 4h	2h 28m	$16K	$48K	10x
Short	edgeX MONUSDC	0.02473	0.0100	get 0.0050% / 4h	2h 28m	$41K	$251K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Orderly. 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 OrderlybpFee edgeXbpOrdersPrice spread, now −0.121%Rate

Funding earned: $3.57
Price spread: −0.121% → 0.000%: −$12.08
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$23.52
Costs to cover: 0.150%
Break-even: 53.2 days

Slippage unknown: Orderly: no order-book sample; edgeX: live order book, 19 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 Orderly no order-book sample	—	—	—	—	—
Sell edgeX live order book, 19 min ago	10.03 bp	23.7 bp −$24	doesn't fit	doesn't fit	doesn't fit

Orderly: 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	−0.0125%	1h	0.02475	−0.024%	$115K	$155K	10x	as long as short
Bybit MONUSDT	−0.0015%	8h	0.02469	−0.291%	$20.3M	$13.6M	50x	as long as short
Phoenix MON	0.0000%	1h	0.02476	0.000%	$12K	$355K	5x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02476	+0.016%	$73K	$136K	25x	as long as short
01 Exchange MONUSD	+0.0016%	1h	0.02471	−0.214%	$6K	$1K	5x	as long as short
Injective MON/USDC PERP	+0.0039%	1h	0.02489	+0.525%	$5K	$113	5.5x	as long as short
Orderly PERP_MON_USDClong	+0.0083%	4h	0.02476	long leg	$16K	$48K	10x
Lighter MON	+0.0096%	1h	0.02469	−0.283%	$814K	$755K	10x	as long as short
Paradex MON-USD-PERP	+0.0100%	8h	0.02470	−0.246%	$7K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02472	−0.162%	$408K	$569K	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	0.02472	−0.178%	$33.1M	$7.6M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02473	−0.138%	$99K	$221K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02473	−0.131%	$12K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02473	−0.121%	$137K	$92K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02470	−0.242%	$23.5M	$27.3M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02469	−0.283%	$4.1M	$6.0M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02475	−0.040%	$102K	$1K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02472	−0.162%	$925K	$1.0M	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02475	−0.040%	$2.8M	$764K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02473	−0.121%	$2.7M	$2.2M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02473	−0.137%	$732K	$407K	—	as long as short
edgeX MONUSDCshort	+0.0100%	4h	0.02473	−0.121%	$41K	$251K	10x
GRVT MON_USDT_Perp	+0.0100%	4h	0.02478	+0.081%	$558K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02477	+0.040%	$67K	$527K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02474	−0.081%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02473	−0.126%	$47K	$288K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02474	−0.069%	$37K	—	3x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0230% / S −0.0246%	1h	0.02478	+0.077%	$6K	—	50x	as long as short
Aftermath Perps MONUSD	+0.0234%	1h	0.02479	+0.126%	$5K	$81K	10x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02474	−0.081%	$1.3M	$346K	75x	as long as short
Perpl MON	+0.0447%	43m	0.02472	−0.166%	$113K	$2.2M	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0456%	1h	0.02530	+2.181%	$110K	$54K	50x	as long as short
Kraken Futures PF_MONUSD	+0.1027%	1h	0.02477	+0.055%	$266K	$119K	10x	as long as short