MON

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.007%

Price spread now: OKX against Orderly−0.080%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 OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

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. OKX is 0.080% cheaper against Orderly than usual: you would sell low and buy high (spread −0.080% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 9.4 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.029% in total) that is about 19 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_MON_USDC	0.02505	0.0072	pay 0.0036% / 4h	16m 06s	$16K	$35K	10x
Short	OKX MON-USDT-SWAP	0.02503	0.0100	get 0.0050% / 4h	16m 06s	$4.2M	$6.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.080%Rate

Funding earned: $5.94
Price spread: −0.080% → 0.000%: −$7.98
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee OKX: 5 bp × 2 orders: −$10
Net: −$18.04
Costs to cover: 0.160%
Break-even: 28.2 days

Slippage unknown: Orderly: no order-book sample; OKX: 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 Orderly no order-book sample	—	—	—	—	—
Sell OKX live order book, 2 min ago	3.99 bp	17.4 bp −$17	90.4 bp −$904	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
01 Exchange MONUSD	−0.0216%	1h	0.02506	+0.032%	$6K	$1K	5x	as long as short
Injective MON/USDC PERP	−0.0176%	1h	0.02498	−0.279%	$5K	$112	5.5x	as long as short
Backpack MON_USDC_PERP	−0.0170%	1h	0.02507	+0.088%	$113K	$151K	10x	as long as short
Bybit MONUSDT	−0.0143%	8h	0.02504	−0.060%	$20.6M	$13.3M	50x	as long as short
Phoenix MON	0.0000%	1h	0.02502	−0.100%	$12K	$359K	5x	as long as short
Perpl MON	0.0000%	43m	0.02507	+0.096%	$107K	$2.3M	10x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02506	+0.036%	$74K	$136K	25x	as long as short
Orderly PERP_MON_USDClong	+0.0072%	4h	0.02505	long leg	$16K	$35K	10x
Variational Omni MON	+0.0078%	8h	0.02503	−0.097%	$740K	$409K	—	as long as short
Paradex MON-USD-PERP	+0.0093%	8h	0.02504	−0.025%	$8K	$42	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MON	+0.0096%	1h	0.02506	+0.040%	$843K	$749K	10x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02508	+0.108%	$423K	$575K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02507	+0.072%	$33.8M	$7.6M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02508	+0.113%	$101K	$222K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02507	+0.097%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02507	+0.080%	$138K	$93K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02504	−0.040%	$23.8M	$26.9M	75x	as long as short
OKX MON-USDT-SWAPshort	+0.0100%	4h	0.02503	−0.080%	$4.2M	$6.0M	50x
Bulk MON-USD	+0.0100%	1h	0.02505	−0.005%	$103K	$5K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02506	+0.040%	$940K	$994K	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02509	+0.160%	$2.8M	$757K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02506	+0.040%	$2.7M	$2.2M	25x	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02501	−0.142%	$41K	$251K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02505	0.000%	$561K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02505	0.000%	$67K	$512K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02505	0.000%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02506	+0.041%	$49K	$519K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02505	−0.016%	$38K	—	3x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0260% / S −0.0429%	1h	0.02505	−0.020%	$9K	—	50x	as long as short
Aftermath Perps MONUSD	+0.0260%	1h	0.02505	+0.011%	$2K	$74K	10x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02507	+0.080%	$1.3M	$338K	75x	as long as short
Coinbase International MON-PERP-INTX	+0.0408%	1h	0.02507	+0.088%	$109K	$57K	50x	as long as short
Kraken Futures PF_MONUSD	+0.0543%	1h	0.02509	+0.179%	$269K	$114K	10x	as long as short