Funding you earn now, next payment 21:20 UTC+0.0151%/8h= +16.6% APRpaid last 24h +0.087%
Price spread now: GMX against Perpl+0.066%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
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and GMX is 0.066% dearer against Perpl than usual: you sell high and buy low: +$7 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 | Perpl MON | 0.02580 | 0.0447 | pay 0.0040% / 43m | 34m 03s | $144K | $1.8M | 10x |
| Short | GMX MON/USD [ETH-USDC] | 0.02581 | L +0.0261% / S −0.0598% | get 0.0075% / 1h | 4m 03s | $9K | — | 50x |
Perpl MON
GMX MON/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Perpl. 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
- $31.78
- Price spread: +0.066% → 0.000%
- $6.59
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $12.56
- Costs to cover
- 0.258%
- Break-even
- 4.2 days
Slippage unknown: Perpl: no order-book sample; GMX: 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 Perpl no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Perpl and GMX: 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 | −0.0739% | 1h | 0.02599 | +0.748% | $6K | $110 | 5.5x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0370% | 1h | 0.02581 | +0.039% | $66K | $114K | 25x | as long as short |
| 01 Exchange MONUSD | −0.0336% | 1h | 0.02571 | −0.318% | $6K | $1K | 5x | as long as short |
| Bybit MONUSDT | −0.0027% | 8h | 0.02578 | −0.066% | $21.5M | $11.8M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02591 | +0.430% | $13K | $384K | 5x | as long as short |
| Paradex MON-USD-PERP | +0.0069% | 8h | 0.02579 | −0.046% | $8K | $42 | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0077% | 4h | 0.02579 | −0.027% | $17K | $64K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0081% | 1h | 0.02589 | +0.358% | $2K | $73K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02579 | −0.027% | $843K | $763K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02582 | +0.078% | $388K | $536K | 10x | as long as short |
Injective MON/USDC PERP
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Bybit MONUSDT
Phoenix MON
Paradex MON-USD-PERP
Orderly PERP_MON_USDC
Aftermath Perps MONUSD
Lighter MON
Nado MON-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02582 | +0.081% | $34.8M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02582 | +0.088% | $108K | $233K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02583 | +0.143% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02580 | +0.012% | $142K | $106K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02579 | −0.020% | $24.5M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02575 | −0.182% | $4.4M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02600 | +0.787% | $109K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02580 | +0.012% | $1.0M | $935K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02582 | +0.089% | $2.7M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02579 | −0.012% | $778K | $412K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02589 | +0.350% | $47K | $242K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02592 | +0.489% | $583K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02589 | +0.361% | $69K | $479K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02578 | −0.066% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02581 | +0.067% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02578 | −0.062% | $39K | — | 3x | as long as short |
| BloFin MON-USDT | +0.0109% | 4h | 0.02576 | −0.143% | $1.4M | $244K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0132% | 1h | 0.02584 | +0.159% | $266K | $67K | 10x | as long as short |
| GMX MON/USD [ETH-USDC]short | L +0.0261% / S −0.0598% | 1h | 0.02581 | +0.066% | $9K | — | 50x | |
| Backpack MON_USDC_PERP | +0.0270% | 1h | 0.02581 | +0.043% | $138K | $137K | 10x | as long as short |
| KuCoin MONUSDTM | +0.0326% | 4h | 0.02581 | +0.050% | $3.1M | $747K | 75x | as long as short |
| Perpl MONlong | +0.0447% | 43m | 0.02580 | long leg | $144K | $1.8M | 10x | |
| Coinbase International MON-PERP-INTX | +0.0648% | 1h | 0.02607 | +1.047% | $114K | $50K | 50x | as long as short |
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
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
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
BloFin MON-USDT
Kraken Futures PF_MONUSD
Backpack MON_USDC_PERP
KuCoin MONUSDTM
Coinbase International MON-PERP-INTX