Funding you earn now, next payment 03:00 UTC−0.0164%/8h= −18.0% APRnext payment −$0.21 per $10,000 · paid last 24h −0.194%
Price spread now: Bulk against Aftermath Perps−0.089%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—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bulk is 0.089% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$9 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 | Aftermath Perps MONUSD | 0.02532 | 0.0264 | pay 0.0033% / 1h | 39m 18s | $2K | $74K | 10x |
| Short | Bulk MON-USD | 0.02530 | 0.0100 | get 0.0013% / 1h | 39m 18s | $105K | $4K | 10x |
Aftermath Perps MONUSD
Bulk MON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Aftermath Perps. 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
- −$34.51
- Price spread: −0.089% → 0.000%
- −$8.89
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$59.39
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Bulk: live order book, 24 min ago. 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Bulk live order book, 24 min ago | 19.72 bp | 23.2 bp −$23 | 39.8 bp −$398 | 112.9 bp −$11.3K | 701.6 bp −$350.8K |
Aftermath Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MON | −0.0316% | 1h | 0.02528 | −0.152% | $13K | $367K | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.0264% | 1h | 0.02532 | +0.002% | $114K | $151K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0253% | 1h | 0.02531 | −0.049% | $5K | $106 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0150% | 8h | 0.02522 | −0.405% | $20.7M | $12.9M | 50x | as long as short |
| 01 Exchange MONUSD | −0.0048% | 1h | 0.02527 | −0.215% | $6K | $1K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02525 | −0.286% | $68K | $125K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0077% | 4h | 0.02526 | −0.247% | $16K | $51K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02527 | −0.207% | $842K | $738K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02525 | −0.268% | $8K | $42 | 5x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02528 | −0.168% | $34.2M | $7.4M | 5x | as long as short |
Phoenix MON
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Hyperliquid MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02529 | −0.120% | $101K | $229K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02527 | −0.215% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02528 | −0.168% | $140K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02525 | −0.286% | $24.1M | $26.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02523 | −0.365% | $4.2M | $5.8M | 50x | as long as short |
| Bulk MON-USDshort | +0.0100% | 1h | 0.02530 | −0.089% | $105K | $4K | 10x | |
| Gate MON_USDT | +0.0100% | 4h | 0.02527 | −0.207% | $945K | $917K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02529 | −0.128% | $2.9M | $742K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02526 | −0.247% | $2.7M | $2.0M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02524 | −0.345% | $750K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02528 | −0.158% | $43K | $247K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02537 | +0.193% | $568K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02537 | +0.188% | $68K | $501K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02531 | −0.056% | $408K | $540K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02524 | −0.326% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02527 | −0.197% | $50K | $521K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02525 | −0.306% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02524 | −0.314% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSDlong | +0.0264% | 1h | 0.02532 | long leg | $2K | $74K | 10x | |
| BloFin MON-USDT | +0.0340% | 4h | 0.02526 | −0.247% | $1.3M | $307K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02527 | −0.195% | $106K | $2.3M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0492% | 1h | 0.02529 | −0.146% | $269K | $100K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02542 | +0.377% | $111K | $52K | 50x | as long as short |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Gate MON_USDT
KuCoin MONUSDTM
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
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX