MON

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0569%/8h= +62.3% APRnext payment +$0.71 per $10,000 · paid last 24h +0.170%

Price spread now: Coinbase International against GMX+0.806%127s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Coinbase International is 0.806% dearer against GMX than usual: you sell high and buy low: +$81 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 127 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]	0.02555	L +0.0231% / S −0.0246%	pay 0.0029% / 1h	59m 01s	$7K	—	50x
Short	Coinbase International MON-PERP-INTX	0.02575	0.0800	get 0.0100% / 1h	59m 01s	$114K	$53K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee Coinbase InternationalbpOrdersPrice spread, now +0.806%Rate

Funding earned: $119.48
Price spread: +0.806% → 0.000%: $80.64
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: $178.12
Costs to cover: 0.220%
Break-even: from the start

Slippage unknown: GMX: no order-book sample; Coinbase International: live order book, 34 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 Coinbase International live order book, 34 min ago	22.39 bp	42.1 bp −$42	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
Backpack MON_USDC_PERP	−0.0021%	1h	0.02558	+0.125%	$114K	$152K	10x	as long as short
Phoenix MON	0.0000%	1h	0.02558	+0.121%	$14K	$304K	5x	as long as short
Injective MON/USDC PERP	+0.0033%	1h	0.02505	−1.938%	$5K	$104	5.5x	as long as short
Lighter MON	+0.0096%	1h	0.02558	+0.137%	$834K	$759K	10x	as long as short
Paradex MON-USD-PERP	+0.0100%	8h	0.02555	+0.010%	$8K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02559	+0.195%	$392K	$577K	10x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02558	+0.137%	$101K	$202K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02557	+0.110%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02555	+0.035%	$142K	$89K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02557	+0.082%	$24.6M	$26.8M	75x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit MONUSDT	+0.0100%	8h	0.02555	+0.016%	$21.3M	$13.4M	50x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02556	+0.059%	$4.3M	$6.1M	50x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02557	+0.098%	$1.0M	$1.1M	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02557	+0.098%	$2.9M	$762K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02557	+0.098%	$2.8M	$2.2M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02553	−0.077%	$759K	$376K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02555	+0.038%	$42K	$252K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02557	+0.113%	$580K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02557	+0.098%	$69K	$545K	50x	as long as short
Orderly PERP_MON_USDC	+0.0100%	4h	0.02556	+0.059%	$16K	$36K	10x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02555	+0.020%	$5K	$6K	5x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02542	−0.498%	$104K	−$0	10x	as long as short
Extended MON-USD	+0.0104%	1h	0.02559	+0.175%	$61K	$329K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02555	+0.008%	$39K	—	3x	as long as short
GMX MON/USD [ETH-USDC]long	L +0.0231% / S −0.0246%	1h	0.02555	long leg	$7K	—	50x
Deribit MON_USDC-PERPETUAL	+0.0298%	1h	0.02556	+0.067%	$73K	$135K	25x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02556	+0.059%	$1.4M	$403K	75x	as long as short
Hyperliquid MON	+0.0378%	1h	0.02559	+0.184%	$34.6M	$6.5M	5x	as long as short
01 Exchange MONUSD	+0.0440%	1h	0.02557	+0.114%	$6K	$3K	5x	as long as short
Perpl MON	+0.0447%	43m	0.02557	+0.110%	$119K	$2.1M	10x	as long as short
Aftermath Perps MONUSD	+0.0634%	1h	0.02557	+0.111%	$4K	$97K	10x	as long as short
Kraken Futures PF_MONUSD	+0.0667%	1h	0.02560	+0.197%	$275K	$118K	10x	as long as short
Coinbase International MON-PERP-INTXshort	+0.0800%	1h	0.02575	+0.806%	$114K	$53K	50x