Spread before costs (cost unknown: a leg has no order-book sample)−0.120%
7d average−0.196%if it closes, per $10,000$12funding while held, a day−$22.24
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MON | 0.02593 | 0.0841 | pay 0.0105% / 1h | 21m 37s | $35.0M | $7.9M | 5x |
| Short | Bybit MONUSDT | 0.02590 | 0.0100 | get 0.0100% / 8h | 21m 37s | $21.7M | $11.1M | 50x |
Hyperliquid MON
Bybit 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
- −$11.95
- Funding while held
- −$22.24
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$54.19
- Spread needed to break even
- 0.200%
Slippage unknown: Hyperliquid: live order book, 3 min ago; Bybit: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0741%
- Per $10,000 a day
- −$22.24
- 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, 3 min ago | 0.19 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.93 bp | 20.4 bp −$20 | 64.9 bp −$649 | doesn't fit | doesn't fit |
MON price on every exchange
against the cheapest. Click to use as the short leg.Paradex0.02588cheapestOKX0.02589+0.025%Injective0.02589+0.025%
Paradex
OKX
InjectiveBybit0.02590+0.064%
Gate0.02590+0.064%Pacifica0.02590+0.075%Binance0.02591+0.105%dYdX0.02591+0.112%Phoenix0.02591+0.118%Bitget0.02592+0.141%Lighter0.02593+0.179%
Gate
Pacifica
Binance
dYdX
Phoenix
Bitget
LighterHyperliquid0.02593+0.183%
Variational Omni0.02593+0.190%Aster0.02594+0.205%Bulk0.02594+0.213%SoDEX0.02594+0.218%Extended0.02595+0.242%01 Exchange0.02595+0.253%Orderly0.02595+0.257%Aevo0.02595+0.261%Aftermath Perps0.02595+0.274%Backpack0.02595+0.276%Perpl0.02596+0.280%Deribit0.02596+0.288%ApeX Omni0.02596+0.295%GMX0.02596+0.295%BloFin0.02596+0.295%edgeX0.02597+0.347%Kraken Futures0.02598+0.357%KuCoin0.02599+0.411%Nado0.02600+0.457%Coinbase International0.02606+0.674%
Variational Omni
Aster
Bulk
SoDEX
Extended
Orderly
Aevo
Backpack
Perpl
Deribit
ApeX Omni
GMX
BloFin
Kraken Futures
KuCoin
Nado
Coinbase InternationalMON on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Paradex MON-USD-PERP | −0.183% | +0.0100% | 8h | $8K | — | 5x | as long as short |
| OKX MON-USDT-SWAP | −0.158% | +0.0100% | 4h | $4.5M | $6.6M | 50x | as long as short |
| Injective MON/USDC PERP | −0.158% | +0.0064% | 1h | $6K | $109 | 5.5x | as long as short |
| Bybit MONUSDTshort | −0.120% | +0.0100% | 8h | $21.7M | $11.1M | 50x | |
| Gate MON_USDT | −0.120% | +0.0100% | 4h | $960K | $950K | 50x | as long as short |
| Pacifica MON | −0.108% | +0.0100% | 1h | $163K | $89K | 3x | as long as short |
| Binance MONUSDT | −0.079% | +0.0100% | 4h | $24.7M | $23.4M | 75x | as long as short |
| dYdX MON-USD | −0.071% | +0.0100% | 1h | $13K | — | 5x | as long as short |
| Phoenix MON | −0.066% | +0.0305% | 1h | $13K | $427K | 5x | as long as short |
| Bitget MONUSDT | −0.042% | +0.0100% | 4h | $2.7M | $1.7M | 25x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter MON | −0.004% | +0.0096% | 1h | $885K | $793K | 10x | as long as short |
| Hyperliquid MONlong | 0.000% | +0.0841% | 1h | $35.0M | $7.9M | 5x | |
| Variational Omni MON | +0.007% | +0.0100% | 8h | $801K | $319K | — | as long as short |
| Aster MONUSDT | +0.022% | +0.0100% | 4h | $114K | $222K | 10x | as long as short |
| Bulk MON-USD | +0.030% | +0.0100% | 1h | $101K | $24K | 10x | as long as short |
| SoDEX MON-USD | +0.035% | +0.0100% | 1h | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.059% | +0.0104% | 1h | $46K | $406K | 10x | as long as short |
| 01 Exchange MONUSD | +0.069% | +0.0720% | 1h | $6K | $2K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.073% | +0.0100% | 4h | $17K | $76K | 10x | as long as short |
| Aevo MON-PERP | +0.077% | +0.0104% | 1h | $39K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.090% | +0.1469% | 1h | $6K | $84K | 10x | as long as short |
| Backpack MON_USDC_PERP | +0.093% | +0.0682% | 1h | $132K | $114K | 10x | as long as short |
| Perpl MON | +0.096% | +0.0447% | 43m | $139K | $1.5M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.104% | +0.0290% | 1h | $44K | $69K | 25x | as long as short |
| ApeX Omni MONUSDT | +0.112% | +0.0100% | 1h | $69K | $499K | 50x | as long as short |
| GMX MON/USD [ETH-USDC] | +0.112% | L +0.0232% / S −0.0343% | 1h | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.112% | +0.0147% | 4h | $1.4M | $200K | 75x | as long as short |
| edgeX MONUSDC | +0.163% | +0.0100% | 4h | $48K | $238K | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.174% | +0.0886% | 1h | $257K | $70K | 10x | as long as short |
| KuCoin MONUSDTM | +0.228% | +0.0326% | 4h | $2.7M | $701K | 75x | as long as short |
| Nado MON-PERP | +0.273% | +0.0100% | 1h | $304K | $517K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.490% | +0.1208% | 1h | $115K | $42K | 50x | as long as short |