MON

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0161%/8h= −17.6% APRnext payment −$0.20 per $10,000 · paid last 24h −0.031%

Price spread now: Nado against GMX+0.020%7-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 Nado

What this pair did over the last

the charts below follow

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—+ Points / potential airdropNado: Active · farm boardneeds both histories

The price spread pays, funding is against you. Nado is 0.020% dearer against GMX than usual: you sell high and buy low (spread +0.020% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX MON/USD [ETH-USDC]	0.02584	L +0.0261% / S −0.0598%	pay 0.0033% / 1h	59m 18s	$9K	—	50x
Short	Nado MON-PERP	0.02585	0.0100	get 0.0012% / 1h	59m 18s	$388K	$535K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.020%Rate

Funding earned: −$33.77
Price spread: +0.020% → 0.000%: $2.02
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$50.75
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Nado: live order book, 24 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 Nado live order book, 24 min ago	0.77 bp	8.8 bp −$9	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
01 Exchange MONUSD	−0.0720%	1h	0.02579	−0.205%	$6K	$1K	5x	as long as short
Deribit MON_USDC-PERPETUAL	−0.0330%	1h	0.02584	−0.019%	$70K	$117K	25x	as long as short
Injective MON/USDC PERP	−0.0053%	1h	0.02599	+0.569%	$6K	$106	5.5x	as long as short
Bybit MONUSDT	−0.0034%	8h	0.02581	−0.112%	$21.5M	$11.8M	50x	as long as short
Phoenix MON	0.0000%	1h	0.02581	−0.120%	$13K	$359K	5x	as long as short
Aftermath Perps MONUSD	+0.0046%	1h	0.02584	−0.012%	$2K	$73K	10x	as long as short
Paradex MON-USD-PERP	+0.0066%	8h	0.02580	−0.171%	$8K	$42	5x	as long as short
BloFin MON-USDT	+0.0073%	4h	0.02577	−0.282%	$1.4M	$244K	75x	as long as short
Orderly PERP_MON_USDC	+0.0076%	4h	0.02581	−0.128%	$17K	$64K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02584	−0.012%	$845K	$760K	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-PERPshort	+0.0100%	1h	0.02585	+0.020%	$388K	$535K	10x
Hyperliquid MON	+0.0100%	1h	0.02586	+0.054%	$34.8M	$7.5M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02584	−0.025%	$108K	$233K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02583	−0.033%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02579	−0.205%	$142K	$106K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02582	−0.089%	$24.5M	$24.6M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02580	−0.166%	$4.4M	$5.9M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02580	−0.168%	$108K	$3K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02582	−0.089%	$1.0M	$862K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02584	−0.012%	$2.7M	$1.8M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02578	−0.228%	$777K	$411K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02580	−0.170%	$47K	$244K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02584	−0.021%	$581K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02580	−0.166%	$69K	$480K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02582	−0.089%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02586	+0.060%	$52K	$407K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02582	−0.089%	$39K	—	3x	as long as short
Kraken Futures PF_MONUSD	+0.0173%	1h	0.02587	+0.109%	$267K	$67K	10x	as long as short
GMX MON/USD [ETH-USDC]long	L +0.0261% / S −0.0598%	1h	0.02584	long leg	$9K	—	50x
Backpack MON_USDC_PERP	+0.0275%	1h	0.02581	−0.120%	$138K	$137K	10x	as long as short
KuCoin MONUSDTM	+0.0298%	4h	0.02586	+0.066%	$3.1M	$747K	75x	as long as short
Perpl MON	+0.0447%	43m	0.02584	−0.031%	$144K	$1.8M	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0536%	1h	0.02607	+0.867%	$114K	$50K	50x	as long as short