Spread before costs (cost unknown: a leg has no order-book sample)−0.522%
7d average—if it closes, per $10,000$52funding while held, a day−$27.62
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International MON-PERP-INTX | 0.02587 | 0.1176 | pay 0.0147% / 1h | 22m 35s | $115K | $47K | 50x |
| Short | Deribit MON_USDC-PERPETUAL | 0.02573 | 0.0255 | get 0.0032% / 1h | 22m 35s | $44K | $70K | 25x |
Coinbase International MON-PERP-INTX
Deribit MON_USDC-PERPETUALPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$52.19
- Funding while held
- −$27.62
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$96.81
- Spread needed to break even
- 0.170%
Slippage unknown: Coinbase International: live order book, 22 min ago; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0921%
- Per $10,000 a day
- −$27.62
- Average in range /8h
- —
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 Coinbase International live order book, 22 min ago | 21.28 bp | 173.6 bp −$174 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit no order-book sample | — | — | — | — | — |
Deribit: 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 price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.02566cheapestOKX0.02568+0.082%Binance0.02570+0.157%Aster0.02570+0.175%Gate0.02571+0.199%Bitget0.02571+0.199%Paradex0.02571+0.211%Pacifica0.02571+0.218%Backpack0.02571+0.218%dYdX0.02572+0.220%01 Exchange0.02572+0.226%Orderly0.02572+0.238%SoDEX0.02572+0.238%GMX0.02572+0.246%Aevo0.02572+0.253%Lighter0.02573+0.277%ApeX Omni0.02573+0.277%
Bybit
OKX
Binance
Aster
Gate
Bitget
Paradex
Pacifica
Backpack
dYdX
Orderly
SoDEX
GMX
Aevo
Lighter
ApeX OmniDeribit0.02573+0.285%
BloFin0.02574+0.316%Extended0.02574+0.328%Kraken Futures0.02574+0.335%Hyperliquid0.02575+0.335%Perpl0.02575+0.339%Variational Omni0.02575+0.356%Aftermath Perps0.02576+0.385%edgeX0.02577+0.420%Nado0.02577+0.432%KuCoin0.02577+0.433%Phoenix0.02579+0.518%Bulk0.02580+0.550%Injective0.02581+0.588%
BloFin
Extended
Kraken Futures
Hyperliquid
Perpl
Variational Omni
Nado
KuCoin
Phoenix
Bulk
InjectiveCoinbase International0.02587+0.811%
MON on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit MONUSDT | −0.804% | +0.0100% | 8h | $21.4M | $11.1M | 50x | as long as short |
| OKX MON-USDT-SWAP | −0.723% | +0.0100% | 4h | $4.4M | $6.4M | 50x | as long as short |
| Binance MONUSDT | −0.649% | +0.0100% | 4h | $24.5M | $23.2M | 75x | as long as short |
| Aster MONUSDT | −0.631% | +0.0100% | 4h | $112K | $222K | 10x | as long as short |
| Gate MON_USDT | −0.607% | +0.0100% | 4h | $973K | $931K | 50x | as long as short |
| Bitget MONUSDT | −0.607% | +0.0100% | 4h | $2.7M | $1.7M | 25x | as long as short |
| Paradex MON-USD-PERP | −0.595% | +0.0100% | 8h | $8K | — | 5x | as long as short |
| Pacifica MON | −0.588% | +0.0100% | 1h | $162K | $88K | 3x | as long as short |
| Backpack MON_USDC_PERP | −0.588% | +0.0100% | 1h | $123K | $126K | 10x | as long as short |
| dYdX MON-USD | −0.586% | +0.0100% | 1h | $13K | — | 5x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| 01 Exchange MONUSD | −0.580% | +0.0384% | 1h | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDC | −0.568% | +0.0100% | 4h | $17K | $71K | 10x | as long as short |
| SoDEX MON-USD | −0.568% | +0.0100% | 1h | $5K | $6K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | −0.561% | L +0.0231% / S −0.0343% | 1h | $6K | — | 50x | as long as short |
| Aevo MON-PERP | −0.553% | +0.0104% | 1h | $39K | — | 3x | as long as short |
| Lighter MON | −0.530% | +0.0168% | 1h | $872K | $778K | 10x | as long as short |
| ApeX Omni MONUSDT | −0.530% | +0.0100% | 1h | $68K | $496K | 50x | as long as short |
| Deribit MON_USDC-PERPETUALshort | −0.522% | +0.0255% | 1h | $44K | $70K | 25x | |
| BloFin MON-USDT | −0.491% | +0.0113% | 4h | $1.4M | $200K | 75x | as long as short |
| Extended MON-USD | −0.479% | +0.0104% | 1h | $45K | $402K | 10x | as long as short |
| Kraken Futures PF_MONUSD | −0.472% | +0.0989% | 1h | $255K | $70K | 10x | as long as short |
| Hyperliquid MON | −0.472% | +0.0321% | 1h | $34.7M | $7.7M | 5x | as long as short |
| Perpl MON | −0.468% | +0.0447% | 43m | $218K | $1.6M | 10x | as long as short |
| Variational Omni MON | −0.451% | +0.0100% | 8h | $798K | $313K | — | as long as short |
| Aftermath Perps MONUSD | −0.422% | +0.1361% | 1h | $6K | $83K | 10x | as long as short |
| edgeX MONUSDC | −0.388% | +0.0100% | 4h | $47K | $239K | 10x | as long as short |
| Nado MON-PERP | −0.375% | +0.0100% | 1h | $300K | $510K | 10x | as long as short |
| KuCoin MONUSDTM | −0.375% | +0.0484% | 4h | $2.6M | $706K | 75x | as long as short |
| Phoenix MON | −0.290% | +0.0310% | 1h | $13K | $420K | 5x | as long as short |
| Bulk MON-USD | −0.259% | +0.0100% | 1h | $106K | $25K | 10x | as long as short |
| Injective MON/USDC PERP | −0.220% | +0.0199% | 1h | $6K | $110 | 5.5x | as long as short |
| Coinbase International MON-PERP-INTXlong | 0.000% | +0.1176% | 1h | $115K | $47K | 50x |