Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.005%
Price spread now: Aster against Phoenix−0.029%105s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$930.930% of the position
Funding, last 5 days (all we have)+0.102%+$10 on $10k
+Price spread, last 3 days (all we have)−0.130%−$13 · spread now −0.029%, 7d avg −0.018%
=Together, before fees−0.027%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix MON | 0.02565 | 0 | get 0.0000% / 1h | 59m 45s | $13K | $360K | 5x |
| Short | Aster MONUSDT | 0.02564 | 0.0100 | get 0.0050% / 4h | 3h 59m | $107K | $231K | 10x |
Phoenix MON
Aster MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phoenix. 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
- $21
- Price spread: −0.029% → −0.018%
- −$1.07
- Slippage, 4 orders
- −$78.03
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$73.1
- Costs to cover
- 0.930%
- Break-even
- 31.4 days
Slippage from Phoenix: live order book, 11 min ago; Aster: live order book, 12 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 Phoenix live order book, 11 min ago | 1.17 bp | 13.0 bp −$13 | 52.3 bp −$523 | doesn't fit | doesn't fit |
| Sell Aster live order book, 12 min ago | 15.66 bp | 30.6 bp −$31 | 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 | −0.0121% | 1h | 0.02559 | −0.222% | $6K | $109 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0096% | 1h | 0.02565 | +0.016% | $6K | $1K | 5x | as long as short |
| Phoenix MONlong | 0.0000% | 1h | 0.02565 | long leg | $13K | $360K | 5x | |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02564 | −0.035% | $69K | $119K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0070% | 4h | 0.02563 | −0.066% | $17K | $64K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02562 | −0.105% | $851K | $739K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0097% | 8h | 0.02561 | −0.146% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02566 | +0.049% | $391K | $541K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02564 | −0.027% | $34.7M | $7.6M | 5x | as long as short |
| Aster MONUSDTshort | +0.0100% | 4h | 0.02564 | −0.029% | $107K | $231K | 10x |
Injective MON/USDC PERP
01 Exchange MONUSD
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02564 | −0.040% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02562 | −0.094% | $141K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02561 | −0.145% | $24.5M | $25.5M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02558 | −0.250% | $21.1M | $12.1M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02559 | −0.222% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02555 | −0.380% | $107K | −$0 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02564 | −0.027% | $979K | $914K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02563 | −0.066% | $2.7M | $1.9M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02564 | −0.019% | $127K | $141K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02560 | −0.197% | $773K | $407K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02563 | −0.080% | $47K | $244K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02558 | −0.261% | $579K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02563 | −0.066% | $68K | $482K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02564 | −0.027% | $5K | $6K | 5x | as long as short |
| Aftermath Perps MONUSD | +0.0100% | 1h | 0.02562 | −0.123% | $3K | $75K | 10x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02566 | +0.033% | $51K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02564 | −0.047% | $39K | — | 3x | as long as short |
| KuCoin MONUSDTM | +0.0250% | 4h | 0.02566 | +0.051% | $3.0M | $719K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02564 | −0.039% | $8K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02562 | −0.105% | $1.3M | $307K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0421% | 1h | 0.02567 | +0.071% | $270K | $78K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02565 | −0.008% | $125K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0480% | 1h | 0.02609 | +1.723% | $115K | $50K | 50x | as long as short |
dYdX MON-USD
Pacifica MON
Binance MONUSDT
Bybit MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Aftermath Perps MONUSD
Extended MON-USD
Aevo MON-PERP
KuCoin MONUSDTM
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Kraken Futures PF_MONUSD
Perpl MON
Coinbase International MON-PERP-INTX