Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRnext payment −$0.00 per $10,000 · paid last 24h −0.001%
Price spread now: Bulk against Extended−0.175%7-day average −0.120% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$109as in the Price arb table
costs, in and out, $10k−$1031.031% of the position
Funding, last 4 days (all we have)−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.175%, 7d avg −0.120%
=Together, before fees−0.037%+ Points / potential airdropExtended: Active · farm board−$4 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: Bulk is 0.055% cheaper against Extended than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.120%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MON-USD | 0.02509 | 0.0104 | pay 0.0013% / 1h | 53m 56s | $50K | $318K | 10x |
| Short | Bulk MON-USD | 0.02505 | 0.0100 | get 0.0013% / 1h | 53m 56s | $103K | −$0 | 10x |
Extended MON-USD
Bulk MON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Extended. 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
- −$0.84
- Price spread: −0.175% → −0.120%
- −$5.47
- Slippage, 4 orders
- −$91.09
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$109.4
- Costs to cover
- 1.031%
- Break-even
- never at this rate
Slippage from Extended: live order book, 43 min ago; Bulk: live order book, 45 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 Extended live order book, 43 min ago | 6.01 bp | 28.0 bp −$28 | 185.2 bp −$1,852 | doesn't fit | doesn't fit |
| Sell Bulk live order book, 45 min ago | 19.96 bp | 23.5 bp −$23 | 39.9 bp −$399 | 127.6 bp −$12.8K | 714.3 bp −$357.2K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0358% | 1h | 0.02505 | −0.159% | $109K | $157K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0089% | 1h | 0.02505 | −0.175% | $5K | $108 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02506 | −0.127% | $13K | $346K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02508 | −0.055% | $119K | $2.2M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02508 | −0.071% | $73K | $137K | 25x | as long as short |
| Gate MON_USDT | +0.0078% | 4h | 0.02506 | −0.135% | $937K | $1.0M | 50x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02507 | −0.095% | $805K | $765K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02505 | −0.179% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02511 | +0.056% | $393K | $573K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02507 | −0.087% | $33.9M | $7.8M | 5x | as long as short |
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
Gate MON_USDT
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02508 | −0.071% | $99K | $213K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02512 | +0.108% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02508 | −0.039% | $139K | $91K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02506 | −0.135% | $23.9M | $27.6M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02505 | −0.175% | $20.9M | $13.9M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02507 | −0.095% | $4.2M | $6.2M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02510 | +0.025% | $2.9M | $765K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02508 | −0.055% | $2.7M | $2.3M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02508 | −0.052% | $745K | $408K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02509 | −0.021% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02506 | −0.145% | $558K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02505 | −0.175% | $68K | $544K | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02508 | −0.055% | $16K | $42K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02505 | −0.175% | $5K | $6K | 5x | as long as short |
| Bulk MON-USDshort | +0.0100% | 1h | 0.02505 | −0.175% | $103K | −$0 | 10x | |
| Extended MON-USDlong | +0.0104% | 1h | 0.02509 | long leg | $50K | $318K | 10x | |
| Aevo MON-PERP | +0.0104% | 1h | 0.02507 | −0.095% | $38K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0208% | 1h | 0.02507 | −0.115% | $6K | $3K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02508 | −0.071% | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02502 | −0.294% | $1.3M | $333K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0468% | 1h | 0.02509 | −0.025% | $5K | $103K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02519 | +0.387% | $111K | $54K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0799% | 1h | 0.02506 | −0.120% | $269K | $118K | 10x | as long as short |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
Bybit MONUSDT
OKX MON-USDT-SWAP
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Orderly PERP_MON_USDC
SoDEX MON-USD
Aevo MON-PERP
01 Exchange MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD