Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.119%
Price spread now: Gate against Backpack+0.079%7-day average −0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$720.722% of the position
Funding, last 7 days−0.751%−$75 on $10k
+Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.079%, 7d avg −0.030%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.109% dearer against Backpack than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack MON_USDC_PERP | 0.02535 | 0.0100 | pay 0.0013% / 1h | 30m 17s | $120K | $159K | 10x |
| Short | Gate MON_USDT | 0.02537 | 0.0100 | get 0.0050% / 4h | 2h 30m | $951K | $902K | 50x |
Backpack MON_USDC_PERP
Gate MON_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Backpack. 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
- $0
- Price spread: +0.079% → −0.030%
- $10.93
- Slippage, 4 orders
- −$47.19
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$61.26
- Costs to cover
- 0.722%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 38 min ago; Gate: live order book, 37 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 Backpack live order book, 38 min ago | 1.35 bp | 11.1 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 37 min ago | 7.73 bp | 26.4 bp −$26 | 413.8 bp −$4,138 | doesn't fit | doesn't fit |
MON on 32 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 | −0.0388% | 1h | 0.02522 | −0.513% | $5K | $108 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0083% | 8h | 0.02537 | +0.079% | $20.8M | $12.8M | 50x | as long as short |
| 01 Exchange MONUSD | −0.0032% | 1h | 0.02540 | +0.181% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02535 | −0.016% | $13K | $349K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0060% | 4h | 0.02540 | +0.197% | $16K | $51K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02535 | 0.000% | $845K | $742K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0097% | 8h | 0.02534 | −0.025% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02542 | +0.291% | $408K | $545K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02542 | +0.276% | $34.5M | $7.7M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02536 | +0.035% | $101K | $229K | 10x | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Phoenix MON
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MON
Aster MONUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02536 | +0.057% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02534 | −0.028% | $140K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02539 | +0.142% | $24.2M | $26.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02539 | +0.158% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02521 | −0.567% | $105K | $4K | 10x | as long as short |
| Gate MON_USDTshort | +0.0100% | 4h | 0.02537 | +0.079% | $951K | $902K | 50x | |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02539 | +0.158% | $2.9M | $745K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02541 | +0.237% | $2.7M | $2.0M | 25x | as long as short |
| Backpack MON_USDC_PERPlong | +0.0100% | 1h | 0.02535 | long leg | $120K | $159K | 10x | |
| Variational Omni MON | +0.0100% | 8h | 0.02533 | −0.075% | $753K | $419K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02530 | −0.207% | $43K | $248K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02529 | −0.237% | $568K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02533 | −0.079% | $68K | $495K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02541 | +0.237% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02542 | +0.265% | $51K | $517K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02541 | +0.237% | $38K | — | 3x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0183% | 1h | 0.02542 | +0.272% | $69K | $125K | 25x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02540 | +0.205% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0338% | 1h | 0.02533 | −0.078% | $3K | $77K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02541 | +0.245% | $156K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02537 | +0.079% | $111K | $52K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0841% | 1h | 0.02544 | +0.363% | $277K | $88K | 10x | as long as short |
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Deribit MON_USDC-PERPETUAL
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD