Funding you earn now, next payment 02:00 UTC+0.0082%/8h= +8.9% APRnext payment +$0.10 per $10,000 · paid last 24h −0.081%
Price spread now: Deribit against Hyperliquid−0.082%7-day average −0.085% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.142%−$14 on $10k
+Price spread, last 3 days (all we have)+0.249%+$25 · spread now −0.082%, 7d avg −0.085%
=Together, before fees+0.106%+ Points / potential airdropHyperliquid: Season 2 · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.085%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.142%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MON | 0.02551 | 0.0100 | pay 0.0013% / 1h | 28m 11s | $34.6M | $7.7M | 5x |
| Short | Deribit MON_USDC-PERPETUAL | 0.02549 | 0.0182 | get 0.0023% / 1h | 28m 11s | $69K | $125K | 25x |
Hyperliquid MON
Deribit MON_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $17.15
- Price spread: −0.082% → −0.085%
- $0.32
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $1.47
- Costs to cover
- 0.160%
- Break-even
- 6.4 days
Slippage unknown: Hyperliquid: live order book, 5 min ago; Deribit: live order book, 16 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, 5 min ago | 0.79 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 16 min ago | 12.62 bp | 16.1 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
MON on 32 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 | −0.0388% | 1h | 0.02522 | −1.156% | $5K | $108 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0077% | 8h | 0.02547 | −0.176% | $20.9M | $12.8M | 50x | as long as short |
| 01 Exchange MONUSD | −0.0016% | 1h | 0.02544 | −0.278% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02543 | −0.333% | $13K | $349K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0061% | 4h | 0.02546 | −0.216% | $16K | $51K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02551 | −0.020% | $850K | $742K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0097% | 8h | 0.02544 | −0.283% | $8K | $42 | 5x | as long as short |
| Hyperliquid MONlong | +0.0100% | 1h | 0.02551 | long leg | $34.6M | $7.7M | 5x | |
| Aster MONUSDT | +0.0100% | 4h | 0.02543 | −0.333% | $102K | $229K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02540 | −0.440% | $13K | — | 5x | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Phoenix MON
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Aster MONUSDT
dYdX MON-USDShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica MON | +0.0100% | 1h | 0.02542 | −0.376% | $141K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02548 | −0.132% | $24.3M | $26.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02547 | −0.176% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02521 | −1.210% | $105K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02547 | −0.176% | $955K | $902K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02550 | −0.059% | $2.9M | $744K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02550 | −0.059% | $2.7M | $2.0M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02551 | 0.000% | $121K | $158K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02533 | −0.721% | $753K | $419K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02534 | −0.703% | $43K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02529 | −0.882% | $568K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02533 | −0.725% | $68K | $493K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02546 | −0.219% | $408K | $545K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02549 | −0.098% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02547 | −0.159% | $51K | $517K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02549 | −0.118% | $39K | — | 3x | as long as short |
| Deribit MON_USDC-PERPETUALshort | +0.0182% | 1h | 0.02549 | −0.082% | $69K | $125K | 25x | |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02546 | −0.223% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0352% | 1h | 0.02536 | −0.605% | $3K | $77K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02545 | −0.247% | $156K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02547 | −0.169% | $111K | $52K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0838% | 1h | 0.02554 | +0.097% | $278K | $88K | 10x | as long as short |
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Nado MON-PERP
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD