MON

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0268%/8h= +29.3% APRnext payment +$0.33 per $10,000 · paid last 24h +0.214%

Price spread now: Coinbase International against Pacifica−0.249%7-day average +0.505% · you buy dearer than you sell

Net, funding: paid 7d − costs−$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$177as in the Price arb table

costs, in and out, $10k−$1021.020% of the position

Long on Pacifica Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.934%+$93 on $10k

Price spread, last 4 days (all we have)+0.898%+$90 · spread now −0.249%, 7d avg +0.505%

Together, before fees+1.832%+ Points / potential airdropPacifica: Active · farm board+$183 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.754% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.249% now, against its 7-day average of +0.505%). If the spread goes back, that is −$75 on $10k: about 9.4 days of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica MON	0.02530	0.0100	pay 0.0013% / 1h	54m 39s	$140K	$93K	3x
Short	Coinbase International MON-PERP-INTX	0.02524	0.0368	get 0.0046% / 1h	54m 39s	$110K	$57K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Pacifica. 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 PacificabpFee Coinbase InternationalbpOrdersPrice spread, now −0.249%Rate

Funding earned: $56.28
Price spread: −0.249% → +0.505%: −$75.42
Slippage, 4 orders: −$84
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$121.14
Costs to cover: 1.020%
Break-even: 22.1 days

Slippage from Pacifica: live order book, 63 min ago; Coinbase International: live order book, 63 min ago.

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 Pacifica live order book, 63 min ago	5.97 bp	15.5 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 63 min ago	19.71 bp	25.1 bp −$25	doesn't fit	doesn't fit	doesn't fit

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	−0.0203%	1h	0.02507	−0.921%	$5K	$109	5.5x	as long as short
Bybit MONUSDT	−0.0082%	8h	0.02528	−0.083%	$20.8M	$13.4M	50x	as long as short
Phoenix MON	0.0000%	1h	0.02520	−0.407%	$12K	$358K	5x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02529	−0.036%	$74K	$136K	25x	as long as short
Orderly PERP_MON_USDC	+0.0072%	4h	0.02528	−0.091%	$16K	$34K	10x	as long as short
Paradex MON-USD-PERP	+0.0096%	8h	0.02530	−0.006%	$8K	$42	5x	as long as short
Lighter MON	+0.0096%	1h	0.02532	+0.067%	$849K	$732K	10x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02528	−0.094%	$427K	$578K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02530	−0.008%	$34.1M	$7.5M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02527	−0.123%	$101K	$222K	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	0.02529	−0.039%	$13K	—	5x	as long as short
Pacifica MONlong	+0.0100%	1h	0.02530	long leg	$140K	$93K	3x
Binance MONUSDT	+0.0100%	4h	0.02531	+0.028%	$24.1M	$26.9M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02531	+0.028%	$4.2M	$6.0M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02525	−0.209%	$104K	$5K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02531	+0.028%	$950K	$978K	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02531	+0.028%	$2.9M	$756K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02532	+0.067%	$2.7M	$2.2M	25x	as long as short
Backpack MON_USDC_PERP	+0.0100%	1h	0.02532	+0.059%	$114K	$151K	10x	as long as short
Variational Omni MON	+0.0100%	8h	0.02521	−0.365%	$745K	$410K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02520	−0.413%	$41K	$249K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02522	−0.332%	$565K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02521	−0.368%	$68K	$512K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02528	−0.091%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02532	+0.067%	$48K	$519K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02527	−0.111%	$38K	—	3x	as long as short
01 Exchange MONUSD	+0.0136%	1h	0.02528	−0.091%	$6K	$1K	5x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0260% / S −0.0429%	1h	0.02529	−0.051%	$9K	—	50x	as long as short
Aftermath Perps MONUSD	+0.0289%	1h	0.02520	−0.412%	$2K	$74K	10x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02526	−0.170%	$1.3M	$341K	75x	as long as short
Coinbase International MON-PERP-INTXshort	+0.0368%	1h	0.02524	−0.249%	$110K	$57K	50x
Perpl MON	+0.0447%	43m	0.02528	−0.107%	$115K	$2.3M	10x	as long as short
Kraken Futures PF_MONUSD	+0.0721%	1h	0.02530	−0.009%	$272K	$113K	10x	as long as short