Spread before costs (cost unknown: a leg has no order-book sample)+0.079%
7d average—if it closes, per $10,000$8funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MON_USDC-PERPETUAL | 0.02534 | 0 | get 0.0000% / 1h | 55m 08s | $47K | $74K | 25x |
| Short | Phoenix MON | 0.02536 | 0 | get 0.0000% / 1h | 55m 08s | $13K | $374K | 5x |
Deribit MON_USDC-PERPETUAL
Phoenix MONPrice 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
- $7.89
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$6.11
- Spread needed to break even
- 0.140%
Slippage unknown: Deribit: no order-book sample; Phoenix: live order book, 38 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 Deribit no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 38 min ago | 1.18 bp | 13.1 bp −$13 | 44.6 bp −$446 | doesn't fit | doesn't fit |
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.Bybit0.02530cheapestOKX0.02530cheapestLighter0.02532+0.079%SoDEX0.02532+0.079%Binance0.02533+0.100%Aevo0.02533+0.107%GMX0.02533+0.130%01 Exchange0.02534+0.150%
Bybit
OKX
Lighter
SoDEX
Binance
Aevo
GMXDeribit0.02534+0.150%
Paradex0.02534+0.152%Bitget0.02534+0.158%Orderly0.02534+0.158%Kraken Futures0.02534+0.168%Hyperliquid0.02534+0.174%Aster0.02535+0.193%Pacifica0.02535+0.198%Gate0.02535+0.198%BloFin0.02535+0.198%Variational Omni0.02536+0.219%
Paradex
Bitget
Orderly
Kraken Futures
Hyperliquid
Aster
Pacifica
Gate
BloFin
Variational OmniPhoenix0.02536+0.229%
Extended0.02536+0.236%Backpack0.02537+0.269%Nado0.02537+0.275%ApeX Omni0.02537+0.277%Injective0.02538+0.316%dYdX0.02539+0.339%KuCoin0.02539+0.356%Aftermath Perps0.02539+0.373%Perpl0.02540+0.383%edgeX0.02540+0.395%Bulk0.02540+0.395%Coinbase International0.02546+0.617%
Extended
Backpack
Nado
ApeX Omni
Injective
dYdX
KuCoin
Perpl
Bulk
Coinbase InternationalMON on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit MONUSDT | −0.150% | −0.0040% | 8h | $21.0M | $11.2M | 50x | as long as short |
| OKX MON-USDT-SWAP | −0.150% | +0.0100% | 4h | $4.3M | $5.8M | 50x | as long as short |
| Lighter MON | −0.071% | +0.0096% | 1h | $825K | $743K | 10x | as long as short |
| SoDEX MON-USD | −0.071% | +0.0100% | 1h | $5K | $6K | 5x | as long as short |
| Binance MONUSDT | −0.051% | +0.0100% | 4h | $23.9M | $23.7M | 75x | as long as short |
| Aevo MON-PERP | −0.043% | +0.0104% | 1h | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | −0.020% | L +0.0231% / S −0.0343% | 1h | $6K | — | 50x | as long as short |
| 01 Exchange MONUSD | 0.000% | +0.0120% | 1h | $6K | $1K | 5x | as long as short |
| Deribit MON_USDC-PERPETUALlong | 0.000% | 0.0000% | 1h | $47K | $74K | 25x | |
| Paradex MON-USD-PERP | +0.002% | +0.0100% | 8h | $8K | $42 | 5x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bitget MONUSDT | +0.008% | +0.0100% | 4h | $2.6M | $1.7M | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.008% | +0.0100% | 4h | $17K | $64K | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.018% | +0.0421% | 1h | $252K | $61K | 10x | as long as short |
| Hyperliquid MON | +0.024% | +0.0100% | 1h | $34.2M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.042% | +0.0100% | 4h | $105K | $240K | 10x | as long as short |
| Pacifica MON | +0.047% | +0.0100% | 1h | $144K | $104K | 3x | as long as short |
| Gate MON_USDT | +0.047% | +0.0100% | 4h | $960K | $931K | 50x | as long as short |
| BloFin MON-USDT | +0.047% | +0.0049% | 4h | $1.3M | $217K | 75x | as long as short |
| Variational Omni MON | +0.069% | +0.0100% | 8h | $756K | $366K | — | as long as short |
| Phoenix MONshort | +0.079% | 0.0000% | 1h | $13K | $374K | 5x | |
| Extended MON-USD | +0.085% | +0.0104% | 1h | $45K | $400K | 10x | as long as short |
| Backpack MON_USDC_PERP | +0.118% | +0.0075% | 1h | $133K | $135K | 10x | as long as short |
| Nado MON-PERP | +0.124% | +0.0100% | 1h | $315K | $529K | 10x | as long as short |
| ApeX Omni MONUSDT | +0.126% | +0.0100% | 1h | $68K | $491K | 50x | as long as short |
| Injective MON/USDC PERP | +0.166% | −0.0242% | 1h | $6K | $108 | 5.5x | as long as short |
| dYdX MON-USD | +0.188% | +0.0100% | 1h | $13K | — | 5x | as long as short |
| KuCoin MONUSDTM | +0.205% | +0.0230% | 4h | $2.6M | $703K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.222% | +0.0495% | 1h | $2K | $72K | 10x | as long as short |
| Perpl MON | +0.233% | 0.0000% | 43m | $208K | $1.7M | 10x | as long as short |
| edgeX MONUSDC | +0.244% | +0.0100% | 4h | $47K | $240K | 10x | as long as short |
| Bulk MON-USD | +0.245% | +0.0100% | 1h | $104K | $5K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.466% | +0.0624% | 1h | $113K | $51K | 50x | as long as short |