Funding you earn now, next payment 21:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h 0.000%
Price spread now: Orderly against SoDEX+0.039%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—needs both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.039% dearer against SoDEX than usual: you sell high and buy low, +$4 on $10k if it 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 | SoDEX MON-USD | 0.02567 | 0.0100 | pay 0.0013% / 1h | 32m 27s | $5K | $6K | 5x |
| Short | Orderly PERP_MON_USDC | 0.02568 | 0.0096 | get 0.0048% / 4h | 3h 32m | $17K | $64K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against SoDEX. 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
- −$0.79
- Price spread: +0.039% → 0.000%
- $3.9
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$10.89
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Orderly no order-book sample | — | — | — | — | — |
SoDEX and 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 | −0.0181% | 1h | 0.02557 | −0.390% | $6K | $109 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0057% | 8h | 0.02569 | +0.078% | $21.4M | $11.5M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02568 | +0.043% | $13K | $374K | 5x | as long as short |
| 01 Exchange MONUSD | +0.0064% | 1h | 0.02573 | +0.238% | $6K | $1K | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02576 | +0.351% | $843K | $750K | 10x | as long as short |
| Orderly PERP_MON_USDCshort | +0.0096% | 4h | 0.02568 | +0.039% | $17K | $64K | 10x | |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02572 | +0.190% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02575 | +0.307% | $320K | $507K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02574 | +0.284% | $34.7M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02574 | +0.262% | $107K | $240K | 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 | 0.02575 | +0.318% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02575 | +0.292% | $146K | $103K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02571 | +0.162% | $24.3M | $23.9M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02571 | +0.156% | $4.4M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02565 | −0.078% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02572 | +0.195% | $976K | $919K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02573 | +0.234% | $2.7M | $1.8M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02576 | +0.347% | $133K | $136K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02575 | +0.294% | $763K | $366K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02560 | −0.257% | $47K | $242K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02563 | −0.139% | $576K | $1.4M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02572 | +0.195% | $68K | $483K | 50x | as long as short |
| SoDEX MON-USDlong | +0.0100% | 1h | 0.02567 | long leg | $5K | $6K | 5x | |
| Extended MON-USD | +0.0104% | 1h | 0.02577 | +0.395% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02568 | +0.058% | $39K | — | 3x | as long as short |
| BloFin MON-USDT | +0.0127% | 4h | 0.02567 | 0.000% | $1.3M | $233K | 75x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0256% | 1h | 0.02570 | +0.109% | $53K | $81K | 25x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02571 | +0.168% | $8K | — | 50x | as long as short |
| KuCoin MONUSDTM | +0.0326% | 4h | 0.02579 | +0.467% | $3.1M | $787K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0331% | 1h | 0.02572 | +0.191% | $256K | $58K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02577 | +0.382% | $212K | $1.7M | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0459% | 1h | 0.02563 | −0.159% | $2K | $71K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0496% | 1h | 0.02579 | +0.471% | $113K | $50K | 50x | as long as short |
SoDEX MON-USD
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
01 Exchange MONUSD
Lighter MON
Paradex MON-USD-PERP
Hyperliquid MON
Aster MONUSDT
Pacifica MON
Binance 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
Extended MON-USD
BloFin MON-USDT
Deribit MON_USDC-PERPETUAL
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
Kraken Futures PF_MONUSD
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX