Funding you earn now, next payment 07:00 UTC−0.0580%/8h= −63.5% APRnext payment −$0.73 per $10,000 · paid last 24h −0.206%
Price spread now: Nado against Coinbase International−0.545%7-day average −0.400% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$216as in the Price arb table
costs, in and out, $10k−$2012.011% of the position
Funding, last 4 days (all we have)−0.601%−$60 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.545%, 7d avg −0.400%
=Together, before fees−0.502%+ Points / potential airdropNado: Active · farm board−$50 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Nado is 0.145% cheaper against Coinbase International than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.400%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International MON-PERP-INTX | 0.02515 | 0.0680 | pay 0.0085% / 1h | 20m 17s | $111K | $54K | 50x |
| Short | Nado MON-PERP | 0.02501 | 0.0100 | get 0.0012% / 1h | 20m 17s | $391K | $578K | 10x |
Coinbase International MON-PERP-INTX
Nado MON-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$121.8
- Price spread: −0.545% → −0.400%
- −$14.47
- Slippage, 4 orders
- −$184.06
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$337.33
- Costs to cover
- 2.011%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 17 min ago; Nado: live order book, 18 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 Coinbase International live order book, 17 min ago | 20.59 bp | 138.4 bp −$138 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 18 min ago | 2.20 bp | 10.4 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0032% | 1h | 0.02503 | −0.469% | $5K | $111 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02497 | −0.696% | $13K | $349K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02501 | −0.565% | $123K | $2.2M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02499 | −0.612% | $73K | $138K | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0093% | 1h | 0.02502 | −0.513% | $109K | $157K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02501 | −0.549% | $802K | $785K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02496 | −0.750% | $8K | $42 | 5x | as long as short |
| Nado MON-PERPshort | +0.0100% | 1h | 0.02501 | −0.545% | $391K | $578K | 10x | |
| Aster MONUSDT | +0.0100% | 4h | 0.02497 | −0.700% | $99K | $213K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02496 | −0.763% | $12K | — | 5x | as long as short |
Injective MON/USDC PERP
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
Backpack MON_USDC_PERP
Lighter MON
Paradex MON-USD-PERP
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 | 0.02498 | −0.680% | $138K | $91K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02498 | −0.669% | $23.7M | $27.5M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02498 | −0.668% | $20.8M | $13.9M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02499 | −0.628% | $4.2M | $6.2M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02498 | −0.658% | $103K | −$0 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02497 | −0.708% | $935K | $1.1M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02498 | −0.668% | $2.9M | $765K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02499 | −0.628% | $2.7M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02492 | −0.904% | $740K | $410K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02493 | −0.847% | $41K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02496 | −0.748% | $563K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02497 | −0.708% | $68K | $540K | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02499 | −0.628% | $16K | $42K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02498 | −0.668% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02502 | −0.515% | $47K | $314K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02498 | −0.676% | $38K | — | 3x | as long as short |
| Hyperliquid MON | +0.0157% | 1h | 0.02501 | −0.541% | $33.8M | $7.8M | 5x | as long as short |
| 01 Exchange MONUSD | +0.0200% | 1h | 0.02498 | −0.652% | $6K | $3K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02500 | −0.600% | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02498 | −0.668% | $1.3M | $333K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0591% | 1h | 0.02499 | −0.610% | $4K | $102K | 10x | as long as short |
| Coinbase International MON-PERP-INTXlong | +0.0680% | 1h | 0.02515 | long leg | $111K | $54K | 50x | |
| Kraken Futures PF_MONUSD | +0.1206% | 1h | 0.02500 | −0.570% | $269K | $118K | 10x | as long as short |
Pacifica MON
Binance MONUSDT
Bybit MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
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
Hyperliquid MON
01 Exchange MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Aftermath Perps MONUSD
Kraken Futures PF_MONUSD