Settings8H · net · $10k
Funding arb · Price arb /

MON

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0224%/8h= −24.5% APRnext payment $0.28 per $10,000 · paid last 24h −0.081%
Price spread now: Pacifica against Hyperliquid−0.156%7-day average −0.098% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.163%−$16 on $10k
Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.156%, 7d avg −0.098%
Together, before fees−0.107%+ Points / potential airdropHyperliquid: Season 2 · Pacifica: Active · farm board−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Pacifica is 0.058% cheaper against Hyperliquid than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.098%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid MON0.025020.0324pay 0.0040% / 1h52m 31s$33.8M$7.8M5x
ShortPacifica MON0.024980.0100get 0.0013% / 1h52m 31s$138K$92K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Hyperliquid. 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

Funding earned
−$47.03
Price spread: −0.156% → −0.098%
−$5.83
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$69.86
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 11 min ago; Pacifica: live order book, 50 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 11 min ago0.20 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Pacifica live order book, 50 min ago4.00 bp22.2 bp −$22doesn't fitdoesn't fitdoesn't fit

MON on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective MON/USDC PERP−0.0032%1h0.02500−0.084%$5K$1105.5xas long as short
Phoenix MON0.0000%1h0.02497−0.212%$13K$349K5xas long as short
Perpl MON0.0000%43m0.02500−0.088%$127K$2.2M10xas long as short
Orderly PERP_MON_USDC+0.0091%4h0.02497−0.204%$16K$42K10xas long as short
Lighter MON+0.0096%1h0.02500−0.084%$802K$785K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02496−0.241%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02503+0.021%$393K$577K10xas long as short
Aster MONUSDT+0.0100%4h0.02498−0.163%$99K$213K10xas long as short
dYdX MON-USD+0.0100%1h0.02498−0.168%$12K5xas long as short
Pacifica MONshort+0.0100%1h0.02498−0.156%$138K$92K3x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MONUSDT+0.0100%4h0.02498−0.148%$23.7M$27.6M75xas long as short
Bybit MONUSDT+0.0100%8h0.02497−0.220%$20.7M$13.8M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02498−0.164%$4.2M$6.2M50xas long as short
Bulk MON-USD+0.0100%1h0.02500−0.084%$103K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02497−0.204%$930K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02499−0.124%$2.9M$766K75xas long as short
Bitget MONUSDT+0.0100%4h0.02502−0.004%$2.7M$2.3M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02499−0.132%$109K$156K10xas long as short
Variational Omni MON+0.0100%8h0.02488−0.562%$738K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02496−0.245%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02500−0.086%$564K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02497−0.204%$68K$535K50xas long as short
SoDEX MON-USD+0.0100%1h0.02496−0.244%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02502−0.009%$47K$283K10xas long as short
Aevo MON-PERP+0.0104%1h0.02495−0.284%$38K3xas long as short
Deribit MON_USDC-PERPETUAL+0.0191%1h0.02497−0.224%$72K$138K25xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0246%1h0.02495−0.280%$6K50xas long as short
01 Exchange MONUSD+0.0320%1h0.02500−0.084%$6K$3K5xas long as short
Hyperliquid MONlong+0.0324%1h0.02502long leg$33.8M$7.8M5x
BloFin MON-USDT+0.0340%4h0.02499−0.124%$1.3M$347K75xas long as short
Aftermath Perps MONUSD+0.0519%1h0.02498−0.160%$6K$100K10xas long as short
Coinbase International MON-PERP-INTX+0.0680%1h0.02505+0.124%$111K$54K50xas long as short
Kraken Futures PF_MONUSD+0.1206%1h0.02499−0.142%$268K$119K10xas long as short