Funding you earn now, next payment 11:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h +0.058%
Price spread now: Hyperliquid against Deribit+0.059%7-day average +0.086% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.142%+$14 on $10k
+Price spread, last 4 days (all we have)−0.305%−$31 · spread now +0.059%, 7d avg +0.086%
=Together, before fees−0.163%+ Points / potential airdropHyperliquid: Season 2 · farm board−$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.027% cheaper against Deribit than usual: you would sell low and buy high (spread +0.059% now, against its 7-day average of +0.086%). If the spread goes back, that is −$3 on $10k: about 22 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MON_USDC-PERPETUAL | 0.02526 | 0 | get 0.0000% / 1h | 57m 44s | $74K | $112K | 25x |
| Short | Hyperliquid MON | 0.02527 | 0.0100 | get 0.0013% / 1h | 57m 44s | $33.9M | $6.5M | 5x |
Deribit MON_USDC-PERPETUAL
Hyperliquid MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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: +0.059% → +0.086%
- −$2.69
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $2.31
- Costs to cover
- 0.160%
- Break-even
- 6.2 days
Slippage unknown: Deribit: live order book, 53 min ago; Hyperliquid: live order book, 8 min ago. 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 Deribit live order book, 53 min ago | 10.43 bp | 13.9 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 1.18 bp | 14.7 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
MON on 33 exchanges
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 | −0.0246% | 1h | 0.02541 | +0.594% | $6K | $101 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0008% | 1h | 0.02527 | +0.044% | $6K | $2K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02531 | +0.190% | $13K | $280K | 5x | as long as short |
| Deribit MON_USDC-PERPETUALlong | 0.0000% | 1h | 0.02526 | long leg | $74K | $112K | 25x | |
| Backpack MON_USDC_PERP | +0.0052% | 1h | 0.02526 | +0.020% | $113K | $148K | 10x | as long as short |
| Bybit MONUSDT | +0.0079% | 8h | 0.02524 | −0.079% | $21.2M | $13.4M | 50x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02528 | +0.079% | $829K | $737K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02525 | −0.031% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02533 | +0.258% | $393K | $571K | 10x | as long as short |
| Hyperliquid MONshort | +0.0100% | 1h | 0.02527 | +0.059% | $33.9M | $6.5M | 5x |
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Backpack MON_USDC_PERP
Bybit MONUSDT
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERPShow all 33 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02524 | −0.067% | $100K | $205K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02529 | +0.127% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02529 | +0.103% | $140K | $87K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02525 | −0.038% | $24.3M | $26.7M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02524 | −0.079% | $4.2M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02535 | +0.339% | $104K | −$0 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02527 | +0.040% | $1.1M | $1.2M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02528 | +0.079% | $2.9M | $754K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02527 | +0.040% | $2.8M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02522 | −0.142% | $753K | $378K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02524 | −0.090% | $42K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02532 | +0.238% | $562K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02526 | 0.000% | $68K | $547K | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02526 | 0.000% | $16K | $36K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02525 | −0.040% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02529 | +0.110% | $59K | $323K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02526 | −0.008% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02526 | +0.012% | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02525 | −0.040% | $1.4M | $389K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02528 | +0.083% | $117K | $2.1M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0695% | 1h | 0.02530 | +0.143% | $273K | $124K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0714% | 1h | 0.02529 | +0.130% | $5K | $96K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02539 | +0.503% | $112K | $50K | 50x | as long as short |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance 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
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Kraken Futures PF_MONUSD
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX