Funding you earn now, next payment 23:00 UTC−0.0260%/8h= −28.5% APRnext payment −$0.33 per $10,000 · paid last 24h −0.010%
Price spread now: Deribit against GMX+0.004%7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX MON/USD [ETH-USDC] | 0.02576 | L +0.0260% / S −0.0598% | pay 0.0033% / 1h | 17m 46s | $9K | — | 50x |
| Short | Deribit MON_USDC-PERPETUAL | 0.02576 | 0 | get 0.0000% / 1h | 17m 46s | $70K | $119K | 25x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$54.69
- Price spread: +0.004% → 0.000%
- $0.39
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$73.3
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Deribit: live order book, 41 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 Deribit live order book, 41 min ago | 6.39 bp | 9.9 bp −$10 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0053% | 1h | 0.02582 | +0.217% | $6K | $108 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0053% | 8h | 0.02571 | −0.198% | $21.3M | $11.8M | 50x | as long as short |
| 01 Exchange MONUSD | 0.0000% | 1h | 0.02575 | −0.062% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02577 | +0.008% | $13K | $362K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02576 | −0.004% | $143K | $1.8M | 10x | as long as short |
| Deribit MON_USDC-PERPETUALshort | 0.0000% | 1h | 0.02576 | +0.004% | $70K | $119K | 25x | |
| Aftermath Perps MONUSD | +0.0020% | 1h | 0.02577 | +0.041% | $2K | $73K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0067% | 4h | 0.02574 | −0.093% | $17K | $64K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0085% | 8h | 0.02573 | −0.115% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02576 | −0.016% | $853K | $773K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado MON-PERP | +0.0100% | 1h | 0.02579 | +0.106% | $388K | $539K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02579 | +0.109% | $34.9M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02577 | +0.023% | $108K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02577 | +0.016% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02576 | −0.004% | $142K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02575 | −0.051% | $24.5M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02576 | −0.016% | $4.4M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02578 | +0.046% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02576 | −0.016% | $1.0M | $872K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02576 | −0.016% | $2.7M | $1.8M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02575 | −0.074% | $128K | $143K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02575 | −0.067% | $780K | $407K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02577 | +0.042% | $47K | $243K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02579 | +0.101% | $579K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02578 | +0.062% | $69K | $480K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02575 | −0.054% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02579 | +0.086% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02574 | −0.082% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0174% | 1h | 0.02579 | +0.103% | $271K | $78K | 10x | as long as short |
| GMX MON/USD [ETH-USDC]long | L +0.0260% / S −0.0598% | 1h | 0.02576 | long leg | $9K | — | 50x | |
| KuCoin MONUSDTM | +0.0296% | 4h | 0.02582 | +0.217% | $3.2M | $695K | 75x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02577 | +0.023% | $1.3M | $293K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02607 | +1.176% | $114K | $49K | 50x | as long as short |
GMX MON/USD [ETH-USDC]
Deribit MON_USDC-PERPETUAL
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Phoenix MON
Aftermath Perps MONUSD
Paradex MON-USD-PERP
Lighter MON
Hyperliquid MON
Aster MONUSDT
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Kraken Futures PF_MONUSD
KuCoin MONUSDTM
BloFin MON-USDT
Coinbase International MON-PERP-INTX