Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.019%
Price spread now: ApeX Omni against Deribit+0.138%46s7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$760.757% of the position
Funding, last 7 days−0.061%−$6 on $10k
+Price spread, last 3 days (all we have)−0.453%−$45 · spread now +0.138%, 7d avg −0.032%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.170% dearer against Deribit than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.032%. Mind the row above: over the last 7 days funding on this pair cost −0.061%, so the current rate has only just turned in your favour. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MON_USDC-PERPETUAL | 0.02533 | 0 | get 0.0000% / 1h | 45m 24s | $69K | $124K | 25x |
| Short | ApeX Omni MONUSDT | 0.02537 | 0.0100 | get 0.0013% / 1h | 45m 24s | $68K | $491K | 50x |
Deribit MON_USDC-PERPETUAL
ApeX Omni MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Deribit. 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
- $21
- Price spread: +0.138% → −0.032%
- $16.98
- Slippage, 4 orders
- −$58.67
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$37.69
- Costs to cover
- 0.757%
- Break-even
- 19.6 days
Slippage from Deribit: live order book, 64 min ago; ApeX Omni: live order book, 22 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 Deribit live order book, 64 min ago | 11.94 bp | 15.4 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 22 min ago | 13.51 bp | 22.5 bp −$22 | 120.5 bp −$1,205 | 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 | −0.0388% | 1h | 0.02541 | +0.296% | $6K | $106 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0032% | 1h | 0.02535 | +0.043% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02540 | +0.257% | $13K | $349K | 5x | as long as short |
| Deribit MON_USDC-PERPETUALlong | 0.0000% | 1h | 0.02533 | long leg | $69K | $124K | 25x | |
| Bybit MONUSDT | +0.0004% | 8h | 0.02528 | −0.225% | $20.9M | $12.7M | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0060% | 4h | 0.02526 | −0.296% | $16K | $56K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0095% | 8h | 0.02532 | −0.050% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02536 | +0.099% | $845K | $740K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02541 | +0.284% | $406K | $542K | 10x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02534 | +0.034% | $101K | $229K | 10x | as long as short |
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Bybit MONUSDT
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Lighter MON
Nado MON-PERP
Aster MONUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02534 | +0.039% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02535 | +0.051% | $140K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02528 | −0.207% | $24.1M | $25.9M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02525 | −0.336% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02535 | +0.063% | $105K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02528 | −0.217% | $951K | $891K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02534 | +0.020% | $2.9M | $744K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02535 | +0.059% | $2.7M | $2.0M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02535 | +0.079% | $120K | $158K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02530 | −0.154% | $761K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02537 | +0.148% | $43K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02550 | +0.669% | $573K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDTshort | +0.0100% | 1h | 0.02537 | +0.138% | $68K | $491K | 50x | |
| SoDEX MON-USD | +0.0100% | 1h | 0.02532 | −0.059% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02540 | +0.258% | $49K | $520K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02532 | −0.063% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02534 | +0.008% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02549 | +0.612% | $1.4M | $310K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0343% | 1h | 0.02545 | +0.441% | $4K | $76K | 10x | as long as short |
| Hyperliquid MON | +0.0418% | 1h | 0.02534 | +0.016% | $34.6M | $7.5M | 5x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02536 | +0.083% | $114K | $2.1M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02557 | +0.932% | $112K | $52K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0843% | 1h | 0.02536 | +0.116% | $276K | $88K | 10x | as long as short |
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Aftermath Perps MONUSD
Hyperliquid MON
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD