Funding you earn now, next payment 10:00 UTC−0.0635%/8h= −69.5% APRnext payment −$0.79 per $10,000 · paid last 24h −0.158%
Price spread now: Deribit against Aftermath Perps−0.327%7-day average 0.000% · 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−$115as in the Price arb table
costs, in and out, $10k−$820.824% of the position
Funding, last 4 days (all we have)−0.484%−$48 on $10k
+Price spread, last 4 days (all we have)+0.932%+$93 · spread now −0.327%, 7d avg 0.000%
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Deribit is 0.327% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$33 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps MONUSD | 0.02539 | 0.0635 | pay 0.0079% / 1h | 21m 00s | $4K | $95K | 10x |
| Short | Deribit MON_USDC-PERPETUAL | 0.02531 | 0 | get 0.0000% / 1h | 21m 00s | $72K | $115K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$133.36
- Price spread: −0.327% → 0.000%
- −$32.72
- Slippage, 4 orders
- −$66.36
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$248.44
- Costs to cover
- 0.824%
- Break-even
- never at this rate
Slippage from Aftermath Perps: live order book, 73 min ago; Deribit: live order book, 30 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 Aftermath Perps live order book, 73 min ago | 6.78 bp | 27.9 bp −$28 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 30 min ago | 10.43 bp | 13.9 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
MON on 33 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0164% | 1h | 0.02532 | −0.276% | $111K | $148K | 10x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02541 | +0.079% | $13K | $307K | 5x | as long as short |
| Deribit MON_USDC-PERPETUALshort | 0.0000% | 1h | 0.02531 | −0.327% | $72K | $115K | 25x | |
| Injective MON/USDC PERP | +0.0033% | 1h | 0.02541 | +0.079% | $6K | $105 | 5.5x | as long as short |
| Bybit MONUSDT | +0.0041% | 8h | 0.02528 | −0.418% | $21.1M | $13.6M | 50x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02533 | −0.236% | $831K | $765K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02533 | −0.252% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02535 | −0.149% | $396K | $569K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02532 | −0.276% | $34.0M | $6.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02533 | −0.231% | $100K | $202K | 10x | as long as short |
Show all 33 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02534 | −0.188% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02535 | −0.170% | $140K | $88K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02531 | −0.315% | $24.4M | $26.7M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02530 | −0.355% | $4.2M | $6.0M | 50x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02533 | −0.236% | $1.0M | $1.2M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02534 | −0.197% | $2.9M | $756K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02532 | −0.276% | $2.8M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02535 | −0.139% | $758K | $379K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02539 | −0.010% | $42K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02534 | −0.214% | $563K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02537 | −0.079% | $69K | $546K | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02531 | −0.315% | $16K | $36K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02530 | −0.355% | $5K | $6K | 5x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02555 | +0.623% | $105K | −$0 | 10x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02533 | −0.223% | $58K | $326K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02530 | −0.359% | $38K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0128% | 1h | 0.02541 | +0.075% | $6K | $2K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02531 | −0.303% | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02526 | −0.512% | $1.4M | $389K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02540 | +0.035% | $118K | $2.1M | 10x | as long as short |
| Aftermath Perps MONUSDlong | +0.0635% | 1h | 0.02539 | long leg | $4K | $95K | 10x | |
| Kraken Futures PF_MONUSD | +0.0674% | 1h | 0.02533 | −0.237% | $272K | $121K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0800% | 1h | 0.02561 | +0.878% | $113K | $51K | 50x | as long as short |
Aftermath Perps MONUSD
Deribit MON_USDC-PERPETUAL
Backpack MON_USDC_PERP
Phoenix MON
Injective MON/USDC PERP
Bybit MONUSDT
Lighter MON
Paradex MON-USD-PERP
Hyperliquid MON
Aster MONUSDT
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
SoDEX MON-USD
Bulk MON-USD
Extended MON-USD
01 Exchange MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX