Funding you earn now, next payment 07:00 UTC−0.0330%/8h= −36.1% APRnext payment −$0.41 per $10,000 · paid last 24h −0.015%
Price spread now: SoDEX against Deribit−0.052%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 −$10 a day on $10k at the current rate, and SoDEX is 0.052% cheaper against Deribit than usual: you would sell low and buy high (−$5 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 | Deribit MON_USDC-PERPETUAL | 0.02502 | 0.0430 | pay 0.0054% / 1h | 1m 34s | $73K | $138K | 25x |
| Short | SoDEX MON-USD | 0.02501 | 0.0100 | get 0.0013% / 1h | 1m 34s | $5K | $6K | 5x |
Deribit MON_USDC-PERPETUAL
SoDEX MON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$69.27
- Price spread: −0.052% → 0.000%
- −$5.2
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$89.46
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 17 min ago; SoDEX: 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 Deribit live order book, 17 min ago | 9.00 bp | 12.5 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MON | 0.0000% | 1h | 0.02505 | +0.108% | $13K | $353K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02502 | +0.008% | $126K | $2.2M | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0089% | 4h | 0.02501 | −0.052% | $16K | $44K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02504 | +0.068% | $803K | $787K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02500 | −0.084% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02498 | −0.188% | $391K | $575K | 10x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02500 | −0.096% | $99K | $213K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02500 | −0.080% | $12K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02501 | −0.040% | $138K | $91K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02499 | −0.148% | $23.7M | $27.5M | 75x | as long as short |
Phoenix MON
Perpl MON
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MONUSDT | +0.0100% | 8h | 0.02493 | −0.388% | $20.7M | $13.8M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02493 | −0.372% | $4.2M | $6.1M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02500 | −0.092% | $103K | −$0 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02501 | −0.052% | $932K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02505 | +0.108% | $2.9M | $766K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02502 | −0.012% | $2.7M | $2.3M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02503 | +0.036% | $110K | $156K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02504 | +0.050% | $743K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02504 | +0.068% | $41K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02506 | +0.149% | $565K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02506 | +0.148% | $68K | $536K | 50x | as long as short |
| SoDEX MON-USDshort | +0.0100% | 1h | 0.02501 | −0.052% | $5K | $6K | 5x | |
| Extended MON-USD | +0.0104% | 1h | 0.02505 | +0.104% | $47K | $268K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02501 | −0.064% | $38K | — | 3x | as long as short |
| Injective MON/USDC PERP | +0.0109% | 1h | 0.02500 | −0.092% | $5K | $113 | 5.5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0230% / S −0.0246% | 1h | 0.02500 | −0.072% | $6K | — | 50x | as long as short |
| 01 Exchange MONUSD | +0.0272% | 1h | 0.02498 | −0.172% | $6K | $3K | 5x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02506 | +0.148% | $1.3M | $348K | 75x | as long as short |
| Hyperliquid MON | +0.0428% | 1h | 0.02505 | +0.116% | $33.9M | $7.8M | 5x | as long as short |
| Deribit MON_USDC-PERPETUALlong | +0.0430% | 1h | 0.02502 | long leg | $73K | $138K | 25x | |
| Aftermath Perps MONUSD | +0.0466% | 1h | 0.02503 | +0.016% | $6K | $100K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0576% | 1h | 0.02511 | +0.356% | $110K | $53K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0844% | 1h | 0.02504 | +0.054% | $269K | $119K | 10x | as long as short |
Bybit 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
ApeX Omni MONUSDT
Extended MON-USD
Aevo MON-PERP
Injective MON/USDC PERP
GMX MON/USD [ETH-USDC]
01 Exchange MONUSD
BloFin MON-USDT
Hyperliquid MON
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD