Funding you earn now, next payment 23:00 UTC−0.0033%/8h= −3.7% APRpaid last 24h 0.000%
Price spread now: Orderly against Pacifica−0.151%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.069%−$7 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.151% cheaper against Pacifica than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica MON | 0.02579 | 0.0100 | pay 0.0013% / 1h | 28m 33s | $142K | $107K | 3x |
| Short | Orderly PERP_MON_USDC | 0.02575 | 0.0067 | get 0.0033% / 4h | 1h 28m | $17K | $64K | 10x |
Pacifica MON
Orderly PERP_MON_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Pacifica. 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
- −$7.03
- Price spread: −0.151% → 0.000%
- −$15.12
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$36.15
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Pacifica: live order book, 54 min ago; Orderly: no order-book sample. 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 Pacifica live order book, 54 min ago | 1.92 bp | 19.4 bp −$19 | doesn't fit | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0053% | 1h | 0.02582 | +0.120% | $6K | $108 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0051% | 8h | 0.02575 | −0.143% | $21.4M | $11.7M | 50x | as long as short |
| 01 Exchange MONUSD | −0.0048% | 1h | 0.02581 | +0.074% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02571 | −0.302% | $13K | $362K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02576 | −0.132% | $143K | $1.8M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02578 | −0.027% | $70K | $119K | 25x | as long as short |
| Aftermath Perps MONUSD | +0.0023% | 1h | 0.02579 | −0.012% | $2K | $73K | 10x | as long as short |
| Orderly PERP_MON_USDCshort | +0.0067% | 4h | 0.02575 | −0.151% | $17K | $64K | 10x | |
| Paradex MON-USD-PERP | +0.0081% | 8h | 0.02578 | −0.036% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02581 | +0.081% | $855K | $773K | 10x | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
Aftermath Perps MONUSD
Paradex MON-USD-PERP
Lighter MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02583 | +0.163% | $34.9M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02577 | −0.074% | $108K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02579 | −0.010% | $13K | — | 5x | as long as short |
| Pacifica MONlong | +0.0100% | 1h | 0.02579 | long leg | $142K | $107K | 3x | |
| Binance MONUSDT | +0.0100% | 4h | 0.02578 | −0.035% | $24.5M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02575 | −0.151% | $4.4M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02570 | −0.345% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02578 | −0.035% | $1.0M | $865K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02580 | +0.043% | $2.7M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02570 | −0.358% | $779K | $407K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02580 | +0.029% | $47K | $244K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02572 | −0.268% | $577K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02578 | −0.035% | $69K | $481K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02583 | +0.164% | $389K | $538K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02576 | −0.112% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02583 | +0.157% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02576 | −0.105% | $39K | — | 3x | as long as short |
| Backpack MON_USDC_PERP | +0.0169% | 1h | 0.02578 | −0.043% | $138K | $134K | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0174% | 1h | 0.02580 | +0.027% | $271K | $77K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02578 | −0.035% | $9K | — | 50x | as long as short |
| KuCoin MONUSDTM | +0.0316% | 4h | 0.02583 | +0.159% | $3.2M | $724K | 75x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02572 | −0.268% | $1.4M | $292K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02607 | +1.078% | $114K | $49K | 50x | as long as short |
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Nado MON-PERP
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Backpack MON_USDC_PERP
Kraken Futures PF_MONUSD
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
BloFin MON-USDT
Coinbase International MON-PERP-INTX