Funding you earn now, next payment 08:07 UTC+0.0347%/8h= +37.9% APRpaid last 24h +0.012%
Price spread now: Perpl against Bulk+0.577%7-day average +0.060% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.084%+$8 on $10k
+Price spread, last 4 days (all we have)+0.541%+$54 · spread now +0.577%, 7d avg +0.060%
=Together, before fees+0.624%+ Points / potential airdropPerpl: Active · farm board+$62 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Perpl is 0.517% dearer against Bulk than usual: you sell high and buy low: +$52 more if the spread goes back to its 7-day average of +0.060%.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.084% in total (about 8.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bulk MON-USD | 0.02530 | 0.0100 | pay 0.0013% / 1h | 12m 09s | $104K | −$0 | 10x |
| Short | Perpl MON | 0.02545 | 0.0447 | get 0.0040% / 43m | 27m 09s | $118K | $2.1M | 10x |
Bulk MON-USD
Perpl MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl against Bulk. 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
- $72.77
- Price spread: +0.577% → +0.060%
- $51.7
- Slippage, 4 orders
- no order book: not counted
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- $103.67
- Costs to cover
- 0.208%
- Break-even
- from the start
Slippage unknown: Bulk: live order book, 21 min ago; Perpl: 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 Bulk live order book, 21 min ago | 19.96 bp | 23.5 bp −$23 | 55.4 bp −$554 | 610.6 bp −$61.1K | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0147% | 1h | 0.02544 | +0.545% | $113K | $149K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0089% | 1h | 0.02505 | −0.988% | $5K | $108 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02536 | +0.225% | $13K | $346K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02544 | +0.542% | $74K | $133K | 25x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02545 | +0.593% | $822K | $774K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02538 | +0.326% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02543 | +0.506% | $393K | $563K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02546 | +0.625% | $34.4M | $6.8M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02544 | +0.545% | $101K | $213K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02546 | +0.646% | $13K | — | 5x | as long as short |
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USDShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica MON | +0.0100% | 1h | 0.02541 | +0.435% | $141K | $90K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02542 | +0.474% | $24.4M | $26.9M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02540 | +0.395% | $21.2M | $13.5M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02543 | +0.514% | $4.2M | $6.2M | 50x | as long as short |
| Bulk MON-USDlong | +0.0100% | 1h | 0.02530 | long leg | $104K | −$0 | 10x | |
| Gate MON_USDT | +0.0100% | 4h | 0.02544 | +0.553% | $972K | $1.1M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02545 | +0.593% | $2.9M | $758K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02544 | +0.553% | $2.7M | $2.2M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02538 | +0.321% | $754K | $378K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02536 | +0.217% | $42K | $252K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02538 | +0.316% | $575K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02535 | +0.198% | $69K | $547K | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02542 | +0.474% | $16K | $36K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02542 | +0.474% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02545 | +0.600% | $58K | $326K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02543 | +0.518% | $39K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0152% | 1h | 0.02541 | +0.415% | $6K | $3K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02542 | +0.486% | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02543 | +0.514% | $1.3M | $376K | 75x | as long as short |
| Perpl MONshort | +0.0447% | 43m | 0.02545 | +0.577% | $118K | $2.1M | 10x | |
| Aftermath Perps MONUSD | +0.0560% | 1h | 0.02535 | +0.213% | $4K | $100K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02553 | +0.901% | $113K | $54K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0786% | 1h | 0.02547 | +0.684% | $274K | $118K | 10x | as long as short |
Pacifica MON
Binance MONUSDT
Bybit MONUSDT
OKX MON-USDT-SWAP
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Orderly PERP_MON_USDC
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
01 Exchange MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD