Funding you earn now, next payment 22:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.122%
Price spread now: Bulk against Hyperliquid−0.433%7-day average −0.141% · 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)−0.149%−$15 on $10k
+Price spread, last 4 days (all we have)−0.089%−$9 · spread now −0.433%, 7d avg −0.141%
=Together, before fees−0.238%+ Points / potential airdropHyperliquid: Season 2 · farm board−$24 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bulk is 0.292% cheaper against Hyperliquid than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of −0.141%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MON | 0.02586 | 0.0100 | pay 0.0013% / 1h | 46m 07s | $34.8M | $7.5M | 5x |
| Short | Bulk MON-USD | 0.02575 | 0.0100 | get 0.0013% / 1h | 46m 07s | $108K | $3K | 10x |
Hyperliquid MON
Bulk MON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bulk against Hyperliquid. 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
- $0
- Price spread: −0.433% → −0.141%
- −$29.18
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bulk: 3.5 bp × 2 orders
- −$7
- Net
- −$45.18
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 7 min ago; Bulk: live order book, 42 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 Hyperliquid live order book, 7 min ago | 0.58 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bulk live order book, 42 min ago | 19.34 bp | 38.8 bp −$39 | 74.4 bp −$744 | 211.8 bp −$21.2K | doesn't fit |
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 | −0.0739% | 1h | 0.02587 | +0.031% | $6K | $107 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0112% | 1h | 0.02589 | +0.097% | $6K | $1K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0059% | 1h | 0.02586 | +0.012% | $63K | $110K | 25x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02579 | −0.259% | $13K | $384K | 5x | as long as short |
| Bybit MONUSDT | +0.0012% | 8h | 0.02583 | −0.124% | $21.6M | $11.8M | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0092% | 4h | 0.02585 | −0.046% | $17K | $64K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02584 | −0.085% | $847K | $753K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02587 | +0.037% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02592 | +0.210% | $349K | $534K | 10x | as long as short |
| Hyperliquid MONlong | +0.0100% | 1h | 0.02586 | long leg | $34.8M | $7.5M | 5x |
Injective MON/USDC PERP
01 Exchange MONUSD
Deribit MON_USDC-PERPETUAL
Phoenix MON
Bybit MONUSDT
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02587 | +0.025% | $108K | $233K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02587 | +0.043% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02587 | +0.031% | $143K | $107K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02584 | −0.102% | $24.5M | $24.5M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02582 | −0.162% | $4.4M | $6.0M | 50x | as long as short |
| Bulk MON-USDshort | +0.0100% | 1h | 0.02575 | −0.433% | $108K | $3K | 10x | |
| Gate MON_USDT | +0.0100% | 4h | 0.02586 | −0.008% | $1.0M | $928K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02586 | −0.008% | $2.7M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02573 | −0.529% | $773K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02578 | −0.320% | $47K | $243K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02581 | −0.200% | $580K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02578 | −0.317% | $69K | $482K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02583 | −0.124% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02588 | +0.078% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02584 | −0.073% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0132% | 1h | 0.02586 | +0.006% | $263K | $63K | 10x | as long as short |
| BloFin MON-USDT | +0.0155% | 4h | 0.02587 | +0.031% | $1.4M | $243K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02587 | +0.031% | $9K | — | 50x | as long as short |
| Backpack MON_USDC_PERP | +0.0281% | 1h | 0.02585 | −0.050% | $137K | $137K | 10x | as long as short |
| KuCoin MONUSDTM | +0.0360% | 4h | 0.02593 | +0.263% | $3.2M | $789K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0391% | 1h | 0.02584 | −0.078% | $2K | $73K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02589 | +0.097% | $145K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0648% | 1h | 0.02595 | +0.360% | $114K | $51K | 50x | as long as short |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Gate MON_USDT
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Kraken Futures PF_MONUSD
BloFin MON-USDT
GMX MON/USD [ETH-USDC]
Backpack MON_USDC_PERP
KuCoin MONUSDTM
Aftermath Perps MONUSD
Perpl MON
Coinbase International MON-PERP-INTX