Funding you earn now, next payment 04:00 UTC−0.0276%/8h= −30.2% APRnext payment −$0.34 per $10,000 · paid last 24h −0.019%
Price spread now: Injective against ApeX Omni−0.279%108s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Injective is 0.279% cheaper against ApeX Omni than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 108 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 | 0.02505 | 0.0100 | pay 0.0013% / 1h | 23m 33s | $67K | $510K | 50x |
| Short | Injective MON/USDC PERP | 0.02498 | −0.0176 | pay 0.0022% / 1h | 23m 33s | $5K | $112 | 5.5x |
ApeX Omni MONUSDT
Injective MON/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$57.92
- Price spread: −0.279% → 0.000%
- −$27.94
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$95.89
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: live order book, 34 min ago; Injective: 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, 34 min ago | 13.93 bp | 23.7 bp −$24 | 106.2 bp −$1,062 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange MONUSD | −0.0264% | 1h | 0.02504 | −0.032% | $6K | $1K | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.0201% | 1h | 0.02507 | +0.072% | $113K | $151K | 10x | as long as short |
| Injective MON/USDC PERPshort | −0.0176% | 1h | 0.02498 | −0.279% | $5K | $112 | 5.5x | |
| Bybit MONUSDT | −0.0153% | 8h | 0.02502 | −0.132% | $20.6M | $13.3M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02505 | −0.008% | $12K | $359K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02505 | +0.008% | $107K | $2.3M | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0071% | 4h | 0.02505 | 0.000% | $16K | $41K | 10x | as long as short |
| Variational Omni MON | +0.0077% | 8h | 0.02502 | −0.138% | $740K | $409K | — | as long as short |
| Paradex MON-USD-PERP | +0.0092% | 8h | 0.02502 | −0.105% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02506 | +0.040% | $843K | $749K | 10x | as long as short |
01 Exchange MONUSD
Backpack MON_USDC_PERP
Bybit MONUSDT
Phoenix MON
Perpl MON
Orderly PERP_MON_USDC
Variational Omni MON
Paradex MON-USD-PERP
Lighter MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado MON-PERP | +0.0100% | 1h | 0.02507 | +0.065% | $425K | $574K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02505 | +0.012% | $33.8M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02507 | +0.079% | $101K | $222K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02508 | +0.104% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02505 | 0.000% | $138K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02504 | −0.056% | $23.8M | $26.9M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02503 | −0.080% | $4.2M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02505 | −0.005% | $103K | $5K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02505 | 0.000% | $939K | $993K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02508 | +0.120% | $2.8M | $757K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02505 | 0.000% | $2.7M | $2.2M | 25x | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02504 | −0.046% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02508 | +0.112% | $562K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDTlong | +0.0100% | 1h | 0.02505 | long leg | $67K | $510K | 50x | |
| SoDEX MON-USD | +0.0100% | 1h | 0.02505 | 0.000% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02506 | +0.035% | $48K | $517K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02504 | −0.060% | $38K | — | 3x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0149% | 1h | 0.02505 | +0.016% | $74K | $136K | 25x | as long as short |
| Aftermath Perps MONUSD | +0.0244% | 1h | 0.02506 | +0.055% | $2K | $74K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02504 | −0.048% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02509 | +0.160% | $1.3M | $338K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0408% | 1h | 0.02528 | +0.930% | $110K | $57K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0543% | 1h | 0.02508 | +0.120% | $269K | $114K | 10x | as long as short |
Nado MON-PERP
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
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Deribit MON_USDC-PERPETUAL
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD