Funding you earn now, next payment 07:00 UTC−0.0130%/8h= −14.3% APRpaid last 24h −0.038%
Price spread now: Aster against GMX−0.140%61s7-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
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.140% cheaper against GMX than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 61 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 | GMX MON/USD [ETH-USDC] | 0.02490 | L +0.0230% / S −0.0246% | pay 0.0029% / 1h | 34m 20s | $6K | — | 50x |
| Short | Aster MONUSDT | 0.02487 | 0.0100 | get 0.0050% / 4h | 1h 34m | $98K | $221K | 10x |
GMX MON/USD [ETH-USDC]
Aster MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against GMX. 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
- −$27.38
- Price spread: −0.140% → 0.000%
- −$14.01
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$61.39
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Aster: live order book, 7 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 GMX no order-book sample | — | — | — | — | — |
| Sell Aster live order book, 7 min ago | 16.01 bp | 32.4 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
GMX: 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 | 0.02493 | +0.116% | $13K | $353K | 5x | as long as short |
| Bybit MONUSDT | +0.0055% | 8h | 0.02481 | −0.365% | $20.4M | $13.7M | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0085% | 4h | 0.02484 | −0.245% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02492 | +0.076% | $799K | $787K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02489 | −0.060% | $7K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02493 | +0.136% | $396K | $572K | 10x | as long as short |
| Aster MONUSDTshort | +0.0100% | 4h | 0.02487 | −0.140% | $98K | $221K | 10x | |
| dYdX MON-USD | +0.0100% | 1h | 0.02492 | +0.086% | $12K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02491 | +0.036% | $138K | $91K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02484 | −0.256% | $23.6M | $27.6M | 75x | as long as short |
Phoenix MON
Bybit MONUSDT
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
dYdX MON-USD
Pacifica MON
Binance MONUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02482 | −0.325% | $4.2M | $6.1M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02500 | +0.398% | $103K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02484 | −0.245% | $925K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02486 | −0.165% | $2.8M | $762K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02491 | +0.036% | $2.7M | $2.2M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02492 | +0.084% | $111K | $155K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02489 | −0.042% | $739K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02495 | +0.216% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02497 | +0.277% | $555K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02494 | +0.157% | $68K | $536K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02490 | −0.004% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02493 | +0.113% | $48K | $266K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02490 | +0.012% | $38K | — | 3x | as long as short |
| Injective MON/USDC PERP | +0.0109% | 1h | 0.02503 | +0.518% | $5K | $110 | 5.5x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0152% | 1h | 0.02492 | +0.060% | $73K | $135K | 25x | as long as short |
| Aftermath Perps MONUSD | +0.0225% | 1h | 0.02494 | +0.164% | $6K | $100K | 10x | as long as short |
| GMX MON/USD [ETH-USDC]long | L +0.0230% / S −0.0246% | 1h | 0.02490 | long leg | $6K | — | 50x | |
| 01 Exchange MONUSD | +0.0232% | 1h | 0.02488 | −0.072% | $7K | $2K | 5x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02488 | −0.084% | $1.3M | $347K | 75x | as long as short |
| Hyperliquid MON | +0.0393% | 1h | 0.02492 | +0.084% | $33.7M | $7.8M | 5x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02493 | +0.116% | $114K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0576% | 1h | 0.02508 | +0.727% | $110K | $54K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0848% | 1h | 0.02493 | +0.108% | $268K | $118K | 10x | as long as short |
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
Extended MON-USD
Aevo MON-PERP
Injective MON/USDC PERP
Deribit MON_USDC-PERPETUAL
Aftermath Perps MONUSD
01 Exchange MONUSD
BloFin MON-USDT
Hyperliquid MON
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD