Funding you earn now, next payment 07:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.009%
Price spread now: Extended against Orderly+0.047%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.047% dearer against Orderly than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_MON_USDC | 0.02509 | 0.0084 | pay 0.0042% / 4h | 1h 55m | $16K | $48K | 10x |
| Short | Extended MON-USD | 0.02510 | 0.0104 | get 0.0013% / 1h | 55m 53s | $53K | $262K | 10x |
Orderly PERP_MON_USDC
Extended MON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Orderly. 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
- $4.15
- Price spread: +0.047% → 0.000%
- $4.65
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$2.2
- Costs to cover
- 0.110%
- Break-even
- 10.7 days
Slippage unknown: Orderly: no order-book sample; Extended: live order book, 51 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 Extended live order book, 51 min ago | 4.01 bp | 27.3 bp −$27 | 184.9 bp −$1,849 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MON | 0.0000% | 1h | 0.02517 | +0.323% | $12K | $336K | 5x | as long as short |
| Bybit MONUSDT | +0.0030% | 8h | 0.02505 | −0.159% | $20.6M | $13.7M | 50x | as long as short |
| Backpack MON_USDC_PERP | +0.0032% | 1h | 0.02507 | −0.064% | $114K | $154K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0072% | 1h | 0.02515 | +0.223% | $6K | $98K | 10x | as long as short |
| Orderly PERP_MON_USDClong | +0.0084% | 4h | 0.02509 | long leg | $16K | $48K | 10x | |
| Lighter MON | +0.0096% | 1h | 0.02507 | −0.080% | $809K | $782K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02506 | −0.121% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02513 | +0.144% | $402K | $578K | 10x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02509 | −0.001% | $99K | $221K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02510 | +0.040% | $13K | — | 5x | as long as short |
Phoenix MON
Bybit MONUSDT
Backpack MON_USDC_PERP
Aftermath Perps MONUSD
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Aster MONUSDT
dYdX MON-USDShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica MON | +0.0100% | 1h | 0.02509 | +0.004% | $139K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02507 | −0.095% | $23.9M | $27.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02506 | −0.120% | $4.2M | $6.2M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02520 | +0.433% | $103K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02508 | −0.040% | $939K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02512 | +0.120% | $2.9M | $766K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02507 | −0.080% | $2.7M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02514 | +0.181% | $746K | $413K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02513 | +0.157% | $41K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02519 | +0.386% | $559K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02517 | +0.319% | $68K | $532K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02506 | −0.120% | $5K | $6K | 5x | as long as short |
| Extended MON-USDshort | +0.0104% | 1h | 0.02510 | +0.047% | $53K | $262K | 10x | |
| Aevo MON-PERP | +0.0104% | 1h | 0.02507 | −0.084% | $38K | — | 3x | as long as short |
| Injective MON/USDC PERP | +0.0109% | 1h | 0.02506 | −0.120% | $5K | $108 | 5.5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02507 | −0.076% | $6K | — | 50x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0268% | 1h | 0.02509 | −0.012% | $74K | $135K | 25x | as long as short |
| 01 Exchange MONUSD | +0.0312% | 1h | 0.02509 | −0.008% | $7K | $2K | 5x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02511 | +0.080% | $1.3M | $348K | 75x | as long as short |
| Hyperliquid MON | +0.0398% | 1h | 0.02510 | +0.032% | $33.9M | $7.8M | 5x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02510 | +0.048% | $115K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0576% | 1h | 0.02542 | +1.335% | $112K | $55K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0842% | 1h | 0.02509 | +0.002% | $269K | $118K | 10x | as long as short |
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Aevo MON-PERP
Injective MON/USDC PERP
GMX MON/USD [ETH-USDC]
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
BloFin MON-USDT
Hyperliquid MON
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD