Funding you earn now, next payment 01:00 UTC−0.0548%/8h= −60.0% APRnext payment −$0.68 per $10,000 · paid last 24h −0.008%
Price spread now: Injective against Extended−0.739%100s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Injective is 0.739% cheaper against Extended than usual: you would sell low and buy high (−$74 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 100 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended MON-USD | 0.02589 | 0.0104 | pay 0.0013% / 1h | 5m 30s | $49K | $517K | 10x |
| Short | Injective MON/USDC PERP | 0.02570 | −0.0444 | pay 0.0055% / 1h | 5m 30s | $6K | $108 | 5.5x |
Extended MON-USD
Injective MON/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$114.99
- Price spread: −0.739% → 0.000%
- −$73.89
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$193.9
- Costs to cover
- 0.050%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 2 min ago; Injective: 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 Extended live order book, 2 min ago | 3.86 bp | 25.5 bp −$25 | 256.9 bp −$2,569 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERPshort | −0.0444% | 1h | 0.02570 | −0.739% | $6K | $108 | 5.5x | |
| Phoenix MON | 0.0000% | 1h | 0.02592 | +0.122% | $13K | $351K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02584 | −0.187% | $70K | $119K | 25x | as long as short |
| 01 Exchange MONUSD | +0.0008% | 1h | 0.02582 | −0.291% | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0063% | 4h | 0.02585 | −0.160% | $17K | $59K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0093% | 8h | 0.02582 | −0.281% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02585 | −0.160% | $861K | $755K | 10x | as long as short |
| Bybit MONUSDT | +0.0099% | 8h | 0.02583 | −0.233% | $21.5M | $12.2M | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02590 | +0.026% | $399K | $523K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02588 | −0.024% | $35.3M | $7.5M | 5x | as long as short |
Phoenix MON
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Lighter MON
Bybit MONUSDT
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 | 0.02587 | −0.074% | $108K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02588 | −0.054% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02584 | −0.198% | $143K | $103K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02585 | −0.160% | $24.7M | $25.4M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02582 | −0.275% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02595 | +0.227% | $108K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02584 | −0.198% | $974K | $931K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02590 | +0.034% | $2.9M | $728K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02586 | −0.121% | $2.8M | $1.9M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02585 | −0.163% | $129K | $142K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02582 | −0.275% | $776K | $410K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02591 | +0.054% | $44K | $248K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02600 | +0.436% | $581K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02599 | +0.381% | $69K | $487K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02584 | −0.198% | $5K | $6K | 5x | as long as short |
| Extended MON-USDlong | +0.0104% | 1h | 0.02589 | long leg | $49K | $517K | 10x | |
| Aevo MON-PERP | +0.0104% | 1h | 0.02583 | −0.237% | $39K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0210% | 1h | 0.02591 | +0.069% | $4K | $74K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02584 | −0.214% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02592 | +0.111% | $1.4M | $309K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02585 | −0.152% | $118K | $2.1M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0461% | 1h | 0.02589 | +0.007% | $272K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02608 | +0.736% | $114K | $52K | 50x | as long as short |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance 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
SoDEX MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX