Funding you earn now, next payment 00:00 UTC−0.0087%/8h= −9.5% APRpaid last 24h −0.024%
Price spread now: Variational Omni against Deribit−0.313%7-day average −0.160% · 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)−0.084%−$8 on $10k
+Price spread, last 3 days (all we have)−0.251%−$25 · spread now −0.313%, 7d avg −0.160%
=Together, before fees−0.335%+ Points / potential airdropVariational Omni: Active · farm board−$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.153% cheaper against Deribit than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.160%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit MON_USDC-PERPETUAL | 0.02591 | 0.0175 | pay 0.0022% / 1h | 48m 30s | $70K | $119K | 25x |
| Short | Variational Omni MON | 0.02583 | 0.0088 | get 0.0088% / 8h | 48m 30s | $781K | $409K | — |
Deribit MON_USDC-PERPETUAL
Variational Omni MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational 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
- −$18.22
- Price spread: −0.313% → −0.160%
- −$15.33
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$40.54
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 5 min ago; Variational Omni: RFQ quote, 31 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, 5 min ago | 9.67 bp | 13.2 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 31 min ago | 9.72 bp | doesn't fit | 138.0 bp −$1,380 | 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 | −0.0121% | 1h | 0.02575 | −0.629% | $6K | $106 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0059% | 8h | 0.02594 | +0.104% | $21.5M | $12.0M | 50x | as long as short |
| 01 Exchange MONUSD | −0.0032% | 1h | 0.02599 | +0.289% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02589 | −0.085% | $13K | $360K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02593 | +0.062% | $129K | $1.8M | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0028% | 1h | 0.02583 | −0.312% | $2K | $74K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0067% | 4h | 0.02588 | −0.127% | $17K | $64K | 10x | as long as short |
| Variational Omni MONshort | +0.0088% | 8h | 0.02583 | −0.313% | $781K | $409K | — | |
| Paradex MON-USD-PERP | +0.0092% | 8h | 0.02596 | +0.194% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02598 | +0.259% | $864K | $786K | 10x | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Phoenix MON
Perpl MON
Aftermath Perps MONUSD
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Lighter MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado MON-PERP | +0.0100% | 1h | 0.02600 | +0.341% | $397K | $546K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02593 | +0.085% | $35.0M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02592 | +0.040% | $109K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02594 | +0.097% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02594 | +0.116% | $143K | $105K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02595 | +0.152% | $24.7M | $25.1M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02595 | +0.143% | $4.4M | $6.0M | 50x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02594 | +0.104% | $998K | $870K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02598 | +0.259% | $2.8M | $1.8M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02589 | −0.096% | $129K | $141K | 10x | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02585 | −0.242% | $48K | $244K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02587 | −0.173% | $576K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02584 | −0.282% | $69K | $481K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02588 | −0.127% | $5K | $6K | 5x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02588 | −0.133% | $109K | $3K | 10x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02600 | +0.323% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02590 | −0.050% | $39K | — | 3x | as long as short |
| Deribit MON_USDC-PERPETUALlong | +0.0175% | 1h | 0.02591 | long leg | $70K | $119K | 25x | |
| KuCoin MONUSDTM | +0.0256% | 4h | 0.02599 | +0.297% | $3.0M | $715K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02591 | −0.019% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02586 | −0.205% | $1.3M | $310K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0417% | 1h | 0.02590 | −0.037% | $272K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0480% | 1h | 0.02597 | +0.228% | $114K | $50K | 50x | as long as short |
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Gate MON_USDT
Bitget MONUSDT
Backpack MON_USDC_PERP
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Bulk MON-USD
Extended MON-USD
Aevo MON-PERP
KuCoin MONUSDTM
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX