MON

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0146%/8h= +16.0% APRnext payment +$0.18 per $10,000 · paid last 24h +0.094%

Price spread now: GMX against ApeX Omni−0.242%68s7-day average — · you buy dearer than you sell

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

Long on ApeX Omni Short on GMX

What this pair did over the last

the charts below follow

Funding, last 4 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 pays, the price is against you. GMX is 0.242% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.242% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$24 on $10k: about 5.5 days of funding at the current rate (+$4 a day). The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni MONUSDT	0.02523	0.0100	pay 0.0013% / 1h	51m 38s	$68K	$547K	50x
Short	GMX MON/USD [ETH-USDC]	0.02517	L +0.0230% / S −0.0246%	get 0.0031% / 1h	51m 38s	$6K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against ApeX Omni. 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 ApeX OmnibpFee GMXbpOrdersPrice spread, now −0.242%Rate

Funding earned: $30.73
Price spread: −0.242% → 0.000%: −$24.18
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$15.44
Costs to cover: 0.220%
Break-even: 10.5 days

Slippage unknown: ApeX Omni: live order book, 59 min ago; GMX: 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 ApeX Omni live order book, 59 min ago	13.75 bp	22.5 bp −$23	103.9 bp −$1,039	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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 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
Injective MON/USDC PERP	−0.0246%	1h	0.02541	+0.713%	$6K	$101	5.5x	as long as short
Deribit MON_USDC-PERPETUAL	−0.0187%	1h	0.02516	−0.281%	$74K	$112K	25x	as long as short
Backpack MON_USDC_PERP	−0.0094%	1h	0.02517	−0.238%	$113K	$150K	10x	as long as short
01 Exchange MONUSD	−0.0080%	1h	0.02515	−0.309%	$6K	$2K	5x	as long as short
Phoenix MON	0.0000%	1h	0.02522	−0.028%	$13K	$281K	5x	as long as short
Bybit MONUSDT	+0.0066%	8h	0.02513	−0.396%	$21.1M	$13.4M	50x	as long as short
Lighter MON	+0.0096%	1h	0.02517	−0.238%	$825K	$737K	10x	as long as short
Paradex MON-USD-PERP	+0.0099%	8h	0.02514	−0.358%	$8K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02519	−0.150%	$392K	$571K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02517	−0.250%	$33.7M	$6.5M	5x	as long as short

Show all 33 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster MONUSDT	+0.0100%	4h	0.02518	−0.198%	$100K	$205K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02520	−0.131%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02517	−0.238%	$139K	$87K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02513	−0.384%	$24.2M	$26.7M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02514	−0.357%	$4.2M	$6.0M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02520	−0.107%	$103K	−$0	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02518	−0.198%	$1.1M	$1.2M	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02518	−0.198%	$2.9M	$753K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02518	−0.198%	$2.7M	$2.3M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02520	−0.125%	$753K	$378K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02522	−0.047%	$42K	$249K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02525	+0.096%	$571K	$1.4M	10x	as long as short
ApeX Omni MONUSDTlong	+0.0100%	1h	0.02523	long leg	$68K	$547K	50x
Orderly PERP_MON_USDC	+0.0100%	4h	0.02518	−0.198%	$16K	$36K	10x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02515	−0.317%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02517	−0.255%	$59K	$323K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02515	−0.333%	$38K	—	3x	as long as short
GMX MON/USD [ETH-USDC]short	L +0.0230% / S −0.0246%	1h	0.02517	−0.242%	$6K	—	50x
BloFin MON-USDT	+0.0340%	4h	0.02520	−0.119%	$1.4M	$388K	75x	as long as short
Perpl MON	+0.0447%	43m	0.02523	+0.012%	$117K	$2.1M	10x	as long as short
Kraken Futures PF_MONUSD	+0.0698%	1h	0.02519	−0.145%	$272K	$124K	10x	as long as short
Aftermath Perps MONUSD	+0.0720%	1h	0.02524	+0.058%	$5K	$96K	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0808%	1h	0.02539	+0.622%	$112K	$50K	50x	as long as short