Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.122%
Price spread now: Hyperliquid against edgeX+0.199%7-day average +0.153% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$750.749% of the position
Funding, last 7 days+0.167%+$17 on $10k
+Price spread, last 3 days (all we have)−0.407%−$41 · spread now +0.199%, 7d avg +0.153%
=Together, before fees−0.240%+ Points / potential airdropedgeX: Active · Hyperliquid: Season 2 · farm board−$24 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.046% dearer against edgeX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.153%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX MONUSDC | 0.02596 | 0.0100 | pay 0.0050% / 4h | 2h 33m | $48K | $243K | 10x |
| Short | Hyperliquid MON | 0.02601 | 0.0100 | get 0.0013% / 1h | 33m 19s | $35.1M | $7.5M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against edgeX. 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
- $0
- Price spread: +0.199% → +0.153%
- $4.62
- Slippage, 4 orders
- −$56.93
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$70.31
- Costs to cover
- 0.749%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 54 min ago; Hyperliquid: live order book, 10 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 edgeX live order book, 54 min ago | 11.63 bp | 23.5 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 10 min ago | 0.96 bp | 13.0 bp −$13 | doesn't fit | 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 | −0.0739% | 1h | 0.02596 | +0.006% | $6K | $109 | 5.5x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0288% | 1h | 0.02599 | +0.110% | $63K | $110K | 25x | as long as short |
| 01 Exchange MONUSD | −0.0232% | 1h | 0.02598 | +0.068% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02598 | +0.064% | $14K | $384K | 5x | as long as short |
| Bybit MONUSDT | +0.0011% | 8h | 0.02595 | −0.025% | $21.7M | $11.8M | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0092% | 4h | 0.02598 | +0.083% | $17K | $64K | 10x | as long as short |
| BloFin MON-USDT | +0.0095% | 4h | 0.02596 | +0.006% | $1.4M | $245K | 75x | as long as short |
| Paradex MON-USD-PERP | +0.0095% | 8h | 0.02598 | +0.080% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02598 | +0.083% | $851K | $753K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02602 | +0.222% | $364K | $522K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MONshort | +0.0100% | 1h | 0.02601 | +0.199% | $35.1M | $7.5M | 5x | |
| Aster MONUSDT | +0.0100% | 4h | 0.02601 | +0.185% | $108K | $233K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02600 | +0.159% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02599 | +0.122% | $143K | $107K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02598 | +0.083% | $24.7M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02595 | −0.032% | $4.4M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02581 | −0.579% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02600 | +0.160% | $1.0M | $932K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02599 | +0.122% | $2.8M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02592 | −0.132% | $777K | $407K | — | as long as short |
| edgeX MONUSDClong | +0.0100% | 4h | 0.02596 | long leg | $48K | $243K | 10x | |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02598 | +0.084% | $583K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02597 | +0.045% | $69K | $482K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02596 | +0.006% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02601 | +0.203% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02597 | +0.045% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0131% | 1h | 0.02601 | +0.185% | $268K | $67K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0243% | 1h | 0.02594 | −0.067% | $2K | $73K | 10x | as long as short |
| Backpack MON_USDC_PERP | +0.0249% | 1h | 0.02600 | +0.153% | $138K | $137K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02600 | +0.160% | $9K | — | 50x | as long as short |
| KuCoin MONUSDTM | +0.0342% | 4h | 0.02606 | +0.391% | $3.2M | $745K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02598 | +0.064% | $146K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0648% | 1h | 0.02609 | +0.503% | $115K | $50K | 50x | as long as short |
edgeX MONUSDC
Hyperliquid MON
Injective MON/USDC PERP
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Phoenix MON
Bybit MONUSDT
BloFin MON-USDT
Paradex MON-USD-PERP
Lighter MON
Aster MONUSDT
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Variational Omni MON
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Kraken Futures PF_MONUSD
Aftermath Perps MONUSD
Backpack MON_USDC_PERP
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
Coinbase International MON-PERP-INTX