Spread before costs (cost unknown: a leg has no order-book sample)−0.095%
7d average−0.125%if it closes, per $10,000$9funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MON | 0.02529 | 0.0100 | pay 0.0013% / 1h | 0m 22s | $34.1M | $7.5M | 5x |
| Short | Binance MONUSDT | 0.02527 | 0.0100 | get 0.0050% / 4h | 2h 00m | $23.9M | $23.8M | 75x |
Hyperliquid MON
Binance MONUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$9.49
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$28.49
- Spread needed to break even
- 0.190%
Slippage unknown: Hyperliquid: live order book, 4 min ago; Binance: live order book, 12 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- Average in range /8h
- —
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 Hyperliquid live order book, 4 min ago | 0.20 bp | 12.8 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 1.98 bp | 15.2 bp −$15 | 63.2 bp −$632 | 253.2 bp −$25.3K | doesn't fit |
MON price on every exchange
against the cheapest. Click to use as the short leg.edgeX0.02519cheapestBulk0.02520+0.032%ApeX Omni0.02520+0.034%Phoenix0.02521+0.058%Aftermath Perps0.02525+0.221%Variational Omni0.02525+0.222%Bybit0.02525+0.232%OKX0.02525+0.232%BloFin0.02525+0.232%Aster0.02525+0.247%Gate0.02526+0.272%Orderly0.02526+0.272%Backpack0.02526+0.280%Aevo0.02526+0.280%Paradex0.02527+0.304%
Bulk
ApeX Omni
Phoenix
Variational Omni
Bybit
OKX
BloFin
Aster
Gate
Orderly
Backpack
Aevo
ParadexBinance0.02527+0.304%
Lighter0.02527+0.312%Pacifica0.02527+0.312%Bitget0.02527+0.312%SoDEX0.02527+0.312%GMX0.02528+0.340%01 Exchange0.02528+0.344%Deribit0.02528+0.355%dYdX0.02528+0.356%Nado0.02529+0.375%KuCoin0.02529+0.391%
Lighter
Pacifica
Bitget
SoDEX
GMX
Deribit
dYdX
Nado
KuCoinHyperliquid0.02529+0.399%
Kraken Futures0.02529+0.409%Extended0.02530+0.439%Perpl0.02533+0.550%Injective0.02540+0.828%Coinbase International0.02550+1.237%
Kraken Futures
Extended
Perpl
Injective
Coinbase InternationalMON on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX MONUSDC | −0.398% | +0.0100% | 4h | $46K | $241K | 10x | as long as short |
| Bulk MON-USD | −0.365% | +0.0100% | 1h | $103K | $5K | 10x | as long as short |
| ApeX Omni MONUSDT | −0.364% | +0.0100% | 1h | $67K | $492K | 50x | as long as short |
| Phoenix MON | −0.340% | 0.0000% | 1h | $13K | $386K | 5x | as long as short |
| Aftermath Perps MONUSD | −0.178% | +0.0855% | 1h | $2K | $73K | 10x | as long as short |
| Variational Omni MON | −0.176% | +0.0100% | 8h | $783K | $334K | — | as long as short |
| Bybit MONUSDT | −0.166% | −0.0157% | 8h | $21.0M | $11.3M | 50x | as long as short |
| OKX MON-USDT-SWAP | −0.166% | +0.0100% | 4h | $4.3M | $5.9M | 50x | as long as short |
| BloFin MON-USDT | −0.166% | +0.0063% | 4h | $1.3M | $206K | 75x | as long as short |
| Aster MONUSDT | −0.152% | +0.0100% | 4h | $105K | $241K | 10x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate MON_USDT | −0.127% | +0.0100% | 4h | $959K | $957K | 50x | as long as short |
| Orderly PERP_MON_USDC | −0.127% | +0.0100% | 4h | $16K | $64K | 10x | as long as short |
| Backpack MON_USDC_PERP | −0.119% | −0.0202% | 1h | $123K | $128K | 10x | as long as short |
| Aevo MON-PERP | −0.119% | +0.0104% | 1h | $38K | — | 3x | as long as short |
| Paradex MON-USD-PERP | −0.095% | +0.0100% | 8h | $8K | $42 | 5x | as long as short |
| Binance MONUSDTshort | −0.095% | +0.0100% | 4h | $23.9M | $23.8M | 75x | |
| Lighter MON | −0.087% | +0.0096% | 1h | $825K | $763K | 10x | as long as short |
| Pacifica MON | −0.087% | +0.0100% | 1h | $148K | $100K | 3x | as long as short |
| Bitget MONUSDT | −0.087% | +0.0100% | 4h | $2.6M | $1.8M | 25x | as long as short |
| SoDEX MON-USD | −0.087% | +0.0100% | 1h | $5K | $6K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | −0.059% | L +0.0231% / S −0.0343% | 1h | $6K | — | 50x | as long as short |
| 01 Exchange MONUSD | −0.055% | −0.0120% | 1h | $6K | $1K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.043% | 0.0000% | 1h | $47K | $74K | 25x | as long as short |
| dYdX MON-USD | −0.043% | +0.0100% | 1h | $13K | — | 5x | as long as short |
| Nado MON-PERP | −0.024% | +0.0100% | 1h | $310K | $527K | 10x | as long as short |
| KuCoin MONUSDTM | −0.008% | +0.0276% | 4h | $2.6M | $672K | 75x | as long as short |
| Hyperliquid MONlong | 0.000% | +0.0100% | 1h | $34.1M | $7.5M | 5x | |
| Kraken Futures PF_MONUSD | +0.010% | +0.1089% | 1h | $252K | $73K | 10x | as long as short |
| Extended MON-USD | +0.039% | +0.0104% | 1h | $45K | $400K | 10x | as long as short |
| Perpl MON | +0.150% | +0.0223% | 43m | $208K | $1.7M | 10x | as long as short |
| Injective MON/USDC PERP | +0.427% | −0.0302% | 1h | $6K | $109 | 5.5x | as long as short |
| Coinbase International MON-PERP-INTX | +0.834% | +0.0928% | 1h | $113K | $51K | 50x | as long as short |