MON

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0238%/8h= −26.1% APRnext payment −$0.30 per $10,000 · paid last 24h −0.098%

Price spread now: Hyperliquid against Aftermath Perps+0.040%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aftermath Perps Short on Hyperliquid

What this pair did over the last

the charts below follow

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 airdropHyperliquid: Season 2 · farm boardneeds both histories

The price spread pays, funding is against you. Hyperliquid is 0.040% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.040% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 13 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps MONUSD	0.02516	0.0338	pay 0.0042% / 1h	12m 38s	$3K	$77K	10x
Short	Hyperliquid MON	0.02517	0.0100	get 0.0013% / 1h	12m 38s	$33.9M	$7.5M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Aftermath PerpsbpFee HyperliquidbpOrdersPrice spread, now +0.040%Rate

Funding earned: −$50.06
Price spread: +0.040% → 0.000%: $3.97
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$64.09
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; Hyperliquid: live order book, 11 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 Hyperliquid live order book, 11 min ago	2.19 bp	12.1 bp −$12	doesn't fit	doesn't fit	doesn't fit

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
Injective MON/USDC PERP	−0.0203%	1h	0.02515	−0.044%	$5K	$114	5.5x	as long as short
Phoenix MON	0.0000%	1h	0.02514	−0.072%	$12K	$358K	5x	as long as short
Bybit MONUSDT	+0.0007%	8h	0.02510	−0.242%	$20.6M	$13.5M	50x	as long as short
Backpack MON_USDC_PERP	+0.0050%	1h	0.02517	+0.032%	$111K	$152K	10x	as long as short
Orderly PERP_MON_USDC	+0.0077%	4h	0.02516	−0.004%	$16K	$48K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02517	+0.036%	$844K	$732K	10x	as long as short
Paradex MON-USD-PERP	+0.0100%	8h	0.02512	−0.148%	$8K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02519	+0.108%	$408K	$585K	10x	as long as short
Hyperliquid MONshort	+0.0100%	1h	0.02517	+0.040%	$33.9M	$7.5M	5x
Aster MONUSDT	+0.0100%	4h	0.02515	−0.035%	$101K	$222K	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	0.02517	+0.026%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02516	−0.004%	$139K	$93K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02513	−0.105%	$23.9M	$27.0M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02513	−0.123%	$4.2M	$6.1M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02510	−0.238%	$103K	$1K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02515	−0.044%	$939K	$989K	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02520	+0.155%	$2.9M	$765K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02515	−0.044%	$2.7M	$2.2M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02516	−0.002%	$746K	$408K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02517	+0.048%	$41K	$252K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02517	+0.036%	$567K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02519	+0.115%	$68K	$522K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02516	−0.004%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02515	−0.044%	$50K	$386K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02516	−0.024%	$38K	—	3x	as long as short
Deribit MON_USDC-PERPETUAL	+0.0187%	1h	0.02517	+0.020%	$74K	$136K	25x	as long as short
01 Exchange MONUSD	+0.0224%	1h	0.02514	−0.095%	$6K	$1K	5x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0260% / S −0.0429%	1h	0.02515	−0.040%	$9K	—	50x	as long as short
Aftermath Perps MONUSDlong	+0.0338%	1h	0.02516	long leg	$3K	$77K	10x
BloFin MON-USDT	+0.0340%	4h	0.02520	+0.155%	$1.3M	$340K	75x	as long as short
Coinbase International MON-PERP-INTX	+0.0368%	1h	0.02530	+0.552%	$110K	$57K	50x	as long as short
Perpl MON	+0.0447%	43m	0.02517	+0.040%	$114K	$2.2M	10x	as long as short
Kraken Futures PF_MONUSD	+0.0724%	1h	0.02518	+0.075%	$270K	$113K	10x	as long as short