Funding you earn now, next payment 04:00 UTC+0.0014%/8h= +1.5% APRpaid last 24h +0.007%
Price spread now: Variational Omni against Orderly+0.001%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 airdropVariational Omni: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_MON_USDC | 0.02500 | 0.0072 | pay 0.0036% / 4h | 42m 01s | $16K | $41K | 10x |
| Short | Variational Omni MON | 0.02500 | 0.0086 | get 0.0086% / 8h | 4h 42m | $740K | $407K | — |
Orderly PERP_MON_USDC
Variational Omni MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $2.9
- Price spread: +0.001% → 0.000%
- $0.15
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$2.95
- Costs to cover
- 0.060%
- Break-even
- 14.1 days
Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 17 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 Variational Omni RFQ quote, 17 min ago | 13.92 bp | doesn't fit | 117.3 bp −$1,173 | 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 | −0.0448% | 1h | 0.02498 | −0.080% | $6K | $1K | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.0299% | 1h | 0.02501 | +0.048% | $112K | $151K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0176% | 1h | 0.02517 | +0.680% | $5K | $109 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0168% | 8h | 0.02499 | −0.056% | $20.5M | $13.2M | 50x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0150% | 1h | 0.02500 | +0.020% | $74K | $135K | 25x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02505 | +0.192% | $12K | $359K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02503 | +0.108% | $107K | $2.3M | 10x | as long as short |
| Orderly PERP_MON_USDClong | +0.0072% | 4h | 0.02500 | long leg | $16K | $41K | 10x | |
| Variational Omni MONshort | +0.0086% | 8h | 0.02500 | +0.001% | $740K | $407K | — | |
| Paradex MON-USD-PERP | +0.0088% | 8h | 0.02498 | −0.081% | $8K | $42 | 5x | as long as short |
01 Exchange MONUSD
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Bybit MONUSDT
Deribit MON_USDC-PERPETUAL
Phoenix MON
Perpl MON
Paradex MON-USD-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MON | +0.0096% | 1h | 0.02500 | 0.000% | $842K | $747K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02502 | +0.089% | $429K | $559K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02502 | +0.064% | $33.8M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02502 | +0.093% | $100K | $222K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02502 | +0.090% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02500 | 0.000% | $138K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02498 | −0.064% | $23.7M | $26.7M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02499 | −0.040% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02495 | −0.189% | $102K | $5K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02501 | +0.040% | $948K | $983K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02502 | +0.080% | $2.8M | $752K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02502 | +0.080% | $2.7M | $2.1M | 25x | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02498 | −0.077% | $41K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02501 | +0.021% | $559K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02501 | +0.040% | $67K | $507K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02498 | −0.080% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02502 | +0.063% | $48K | $521K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02500 | +0.004% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02500 | +0.012% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0265% | 1h | 0.02505 | +0.210% | $2K | $74K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02502 | +0.080% | $1.3M | $337K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0408% | 1h | 0.02514 | +0.540% | $110K | $57K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0544% | 1h | 0.02504 | +0.143% | $269K | $116K | 10x | as long as short |
Lighter MON
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
BloFin MON-USDT
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD