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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MON | 0.02502 | 0.0324 | pay 0.0040% / 1h | 52m 31s | $33.8M | $7.8M | 5x |
| Short | Pacifica MON | 0.02498 | 0.0100 | get 0.0013% / 1h | 52m 31s | $138K | $92K | 3x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hyperliquid live order book, 11 min ago | 0.20 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 50 min ago | 4.00 bp | 22.2 bp −$22 | doesn't fit | doesn't fit | 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 | −0.0032% | 1h | 0.02500 | −0.084% | $5K | $110 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02497 | −0.212% | $13K | $349K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02500 | −0.088% | $127K | $2.2M | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0091% | 4h | 0.02497 | −0.204% | $16K | $42K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02500 | −0.084% | $802K | $785K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02496 | −0.241% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02503 | +0.021% | $393K | $577K | 10x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02498 | −0.163% | $99K | $213K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02498 | −0.168% | $12K | — | 5x | as long as short |
| Pacifica MONshort | +0.0100% | 1h | 0.02498 | −0.156% | $138K | $92K | 3x |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MONUSDT | +0.0100% | 4h | 0.02498 | −0.148% | $23.7M | $27.6M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02497 | −0.220% | $20.7M | $13.8M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02498 | −0.164% | $4.2M | $6.2M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02500 | −0.084% | $103K | −$0 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02497 | −0.204% | $930K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02499 | −0.124% | $2.9M | $766K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02502 | −0.004% | $2.7M | $2.3M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02499 | −0.132% | $109K | $156K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02488 | −0.562% | $738K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02496 | −0.245% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02500 | −0.086% | $564K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02497 | −0.204% | $68K | $535K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02496 | −0.244% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02502 | −0.009% | $47K | $283K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02495 | −0.284% | $38K | — | 3x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0191% | 1h | 0.02497 | −0.224% | $72K | $138K | 25x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0230% / S −0.0246% | 1h | 0.02495 | −0.280% | $6K | — | 50x | as long as short |
| 01 Exchange MONUSD | +0.0320% | 1h | 0.02500 | −0.084% | $6K | $3K | 5x | as long as short |
| Hyperliquid MONlong | +0.0324% | 1h | 0.02502 | long leg | $33.8M | $7.8M | 5x | |
| BloFin MON-USDT | +0.0340% | 4h | 0.02499 | −0.124% | $1.3M | $347K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0519% | 1h | 0.02498 | −0.160% | $6K | $100K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0680% | 1h | 0.02505 | +0.124% | $111K | $54K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.1206% | 1h | 0.02499 | −0.142% | $268K | $119K | 10x | as long as short |
Hyperliquid MON
Pacifica MON
Injective MON/USDC PERP
Phoenix MON
Lighter MON
Paradex MON-USD-PERP
Aster MONUSDT
Binance MONUSDT
Bybit 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
SoDEX MON-USD
Extended MON-USD
Deribit MON_USDC-PERPETUAL
GMX MON/USD [ETH-USDC]
01 Exchange MONUSD
BloFin MON-USDT
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD