Funding you earn now, next payment 03:00 UTC−0.0212%/8h= −23.2% APRpaid last 24h +0.046%
Price spread now: 01 Exchange against Variational Omni−0.125%7-day average — · you buy dearer than you sell
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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and 01 Exchange is 0.125% cheaper against Variational Omni than usual: you would sell low and buy high (−$12 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 | Variational Omni MON | 0.02533 | 0.0100 | pay 0.0100% / 8h | 5h 58m | $753K | $404K | — |
| Short | 01 Exchange MONUSD | 0.02529 | −0.0112 | pay 0.0014% / 1h | 58m 59s | $6K | $1K | 5x |
Variational Omni MON
01 Exchange MONUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
01 Exchange against Variational Omni. 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
- −$44.52
- Price spread: −0.125% → 0.000%
- −$12.46
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Net
- −$63.98
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; 01 Exchange: 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 Variational Omni RFQ quote, 5 min ago | 9.85 bp | doesn't fit | 80.8 bp −$808 | doesn't fit | doesn't fit |
| Sell 01 Exchange no order-book sample | — | — | — | — | — |
01 Exchange: 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 32 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 | −0.0253% | 1h | 0.02546 | +0.531% | $6K | $105 | 5.5x | as long as short |
| 01 Exchange MONUSDshort | −0.0112% | 1h | 0.02529 | −0.125% | $6K | $1K | 5x | |
| Backpack MON_USDC_PERP | −0.0110% | 1h | 0.02533 | +0.006% | $118K | $152K | 10x | as long as short |
| Bybit MONUSDT | −0.0072% | 8h | 0.02532 | −0.026% | $20.8M | $12.8M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02536 | +0.152% | $13K | $345K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02531 | −0.058% | $68K | $125K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0077% | 4h | 0.02531 | −0.061% | $16K | $51K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02533 | +0.018% | $844K | $738K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0098% | 8h | 0.02531 | −0.060% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02533 | +0.019% | $406K | $539K | 10x | as long as short |
Injective MON/USDC PERP
Backpack MON_USDC_PERP
Bybit MONUSDT
Phoenix MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERPShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02534 | +0.077% | $34.4M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02534 | +0.043% | $101K | $229K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02533 | +0.016% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02532 | −0.022% | $140K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02533 | +0.018% | $24.2M | $25.9M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02532 | −0.022% | $4.2M | $5.8M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02531 | −0.076% | $105K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02531 | −0.061% | $940K | $898K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02534 | +0.057% | $2.9M | $742K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02533 | +0.018% | $2.7M | $2.0M | 25x | as long as short |
| Variational Omni MONlong | +0.0100% | 8h | 0.02533 | long leg | $753K | $404K | — | |
| edgeX MONUSDC | +0.0100% | 4h | 0.02535 | +0.099% | $43K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02539 | +0.254% | $568K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02537 | +0.175% | $68K | $499K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02530 | −0.101% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02534 | +0.074% | $49K | $517K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02530 | −0.121% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02530 | −0.085% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0314% | 1h | 0.02537 | +0.194% | $2K | $74K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02532 | −0.030% | $106K | $2.3M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0491% | 1h | 0.02532 | −0.007% | $267K | $97K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02556 | +0.918% | $112K | $52K | 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
KuCoin MONUSDTM
Bitget MONUSDT
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
Perpl MON
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX