MON

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0315%/8h= −34.5% APRnext payment −$0.39 per $10,000 · paid last 24h −0.141%

Price spread now: GMX against Coinbase International−0.994%7-day average — · you buy dearer than you sell

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

Long on Coinbase International Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 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 −$9 a day on $10k at the current rate, and GMX is 0.994% cheaper against Coinbase International than usual: you would sell low and buy high (−$99 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International MON-PERP-INTX	0.02556	0.0744	pay 0.0093% / 1h	59m 59s	$112K	$52K	50x
Short	GMX MON/USD [ETH-USDC]	0.02530	L +0.0260% / S −0.0429%	get 0.0054% / 1h	59m 59s	$9K	—	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Coinbase International. 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 Coinbase InternationalbpFee GMXbpOrdersPrice spread, now −0.994%Rate

Funding earned: −$66.09
Price spread: −0.994% → 0.000%: −$99.38
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$187.47
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Coinbase International: live order book, 3 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 Coinbase International live order book, 3 min ago	20.13 bp	149.0 bp −$149	doesn't fit	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 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	0.02546	−0.383%	$6K	$109	5.5x	as long as short
Bybit MONUSDT	−0.0076%	8h	0.02527	−1.127%	$20.8M	$12.8M	50x	as long as short
Phoenix MON	0.0000%	1h	0.02536	−0.759%	$13K	$349K	5x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02532	−0.927%	$68K	$125K	25x	as long as short
01 Exchange MONUSD	+0.0024%	1h	0.02535	−0.818%	$6K	$1K	5x	as long as short
Orderly PERP_MON_USDC	+0.0077%	4h	0.02532	−0.931%	$16K	$51K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02533	−0.892%	$844K	$743K	10x	as long as short
Paradex MON-USD-PERP	+0.0098%	8h	0.02534	−0.866%	$8K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02538	−0.683%	$407K	$539K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02532	−0.951%	$34.3M	$7.5M	5x	as long as short

Show all 32 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster MONUSDT	+0.0100%	4h	0.02535	−0.821%	$101K	$229K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02535	−0.807%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02536	−0.775%	$140K	$104K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02531	−0.970%	$24.1M	$25.9M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02528	−1.088%	$4.2M	$5.8M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02531	−0.985%	$105K	$4K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02531	−0.970%	$945K	$906K	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02534	−0.853%	$2.9M	$742K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02530	−1.009%	$2.7M	$2.0M	25x	as long as short
Backpack MON_USDC_PERP	+0.0100%	1h	0.02530	−1.002%	$118K	$153K	10x	as long as short
Variational Omni MON	+0.0100%	8h	0.02533	−0.909%	$753K	$404K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02540	−0.636%	$43K	$248K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02539	−0.657%	$568K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02538	−0.696%	$68K	$498K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02531	−0.970%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02532	−0.914%	$49K	$517K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02529	−1.049%	$38K	—	3x	as long as short
GMX MON/USD [ETH-USDC]short	L +0.0260% / S −0.0429%	1h	0.02530	−0.994%	$9K	—	50x
Aftermath Perps MONUSD	+0.0318%	1h	0.02539	−0.662%	$2K	$74K	10x	as long as short
Perpl MON	+0.0447%	43m	0.02532	−0.916%	$106K	$2.3M	10x	as long as short
Coinbase International MON-PERP-INTXlong	+0.0744%	1h	0.02556	long leg	$112K	$52K	50x
Kraken Futures PF_MONUSD	+0.0845%	1h	0.02532	−0.928%	$267K	$97K	10x	as long as short