Spread before costs (cost unknown: a leg has no order-book sample)−0.119%
7d average−0.088%if it closes, per $10,000$12funding while held, a day−$11.67
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid MON | 0.02595 | 0.0836 | pay 0.0104% / 1h | 21m 31s | $35.0M | $7.9M | 5x |
| Short | Perpl MON | 0.02592 | 0.0447 | get 0.0040% / 43m | 24m 31s | $136K | $1.5M | 10x |
Hyperliquid MON
Perpl MONPrice 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
- −$11.67
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- −$46.42
- Spread needed to break even
- 0.228%
Slippage unknown: Hyperliquid: live order book, 3 min ago; Perpl: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0389%
- Per $10,000 a day
- −$11.67
- 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 Perpl no order-book sample | — | — | — | — | — |
Perpl: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
MON price on every exchange
against the cheapest. Click to use as the short leg.Paradex0.02588cheapestOKX0.02589+0.025%Injective0.02589+0.025%Bybit0.02590+0.064%Gate0.02590+0.064%Pacifica0.02590+0.075%dYdX0.02591+0.112%Binance0.02591+0.112%Bitget0.02592+0.141%Orderly0.02592+0.141%
Paradex
OKX
Injective
Bybit
Gate
Pacifica
dYdX
Binance
Bitget
OrderlyPerpl0.02592+0.145%
GMX0.02592+0.145%Lighter0.02593+0.179%Variational Omni0.02593+0.190%Aster0.02593+0.198%Bulk0.02594+0.213%SoDEX0.02594+0.218%Extended0.02595+0.242%01 Exchange0.02595+0.253%Aevo0.02595+0.261%
GMX
Lighter
Variational Omni
Aster
Bulk
SoDEX
Extended
AevoHyperliquid0.02595+0.264%
Backpack0.02595+0.276%Aftermath Perps0.02596+0.284%Deribit0.02596+0.288%KuCoin0.02596+0.295%ApeX Omni0.02596+0.295%BloFin0.02596+0.295%edgeX0.02597+0.347%Kraken Futures0.02598+0.357%Phoenix0.02599+0.400%Nado0.02600+0.457%Coinbase International0.02606+0.674%
Backpack
Deribit
KuCoin
ApeX Omni
BloFin
Kraken Futures
Phoenix
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 | −0.264% | +0.0100% | 8h | $8K | — | 5x | as long as short |
| OKX MON-USDT-SWAP | −0.239% | +0.0100% | 4h | $4.5M | $6.6M | 50x | as long as short |
| Injective MON/USDC PERP | −0.239% | +0.0064% | 1h | $6K | $109 | 5.5x | as long as short |
| Bybit MONUSDT | −0.200% | +0.0100% | 8h | $21.7M | $11.1M | 50x | as long as short |
| Gate MON_USDT | −0.200% | +0.0100% | 4h | $960K | $950K | 50x | as long as short |
| Pacifica MON | −0.189% | +0.0100% | 1h | $163K | $89K | 3x | as long as short |
| dYdX MON-USD | −0.152% | +0.0100% | 1h | $13K | — | 5x | as long as short |
| Binance MONUSDT | −0.152% | +0.0100% | 4h | $24.7M | $23.4M | 75x | as long as short |
| Bitget MONUSDT | −0.123% | +0.0100% | 4h | $2.7M | $1.7M | 25x | as long as short |
| Orderly PERP_MON_USDC | −0.123% | +0.0100% | 4h | $17K | $76K | 10x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Perpl MONshort | −0.119% | +0.0447% | 43m | $136K | $1.5M | 10x | |
| GMX MON/USD [ETH-USDC] | −0.119% | L +0.0232% / S −0.0343% | 1h | $6K | — | 50x | as long as short |
| Lighter MON | −0.085% | +0.0096% | 1h | $885K | $793K | 10x | as long as short |
| Variational Omni MON | −0.074% | +0.0100% | 8h | $801K | $319K | — | as long as short |
| Aster MONUSDT | −0.066% | +0.0100% | 4h | $114K | $222K | 10x | as long as short |
| Bulk MON-USD | −0.051% | +0.0100% | 1h | $101K | $24K | 10x | as long as short |
| SoDEX MON-USD | −0.046% | +0.0100% | 1h | $5K | $6K | 5x | as long as short |
| Extended MON-USD | −0.022% | +0.0104% | 1h | $46K | $406K | 10x | as long as short |
| 01 Exchange MONUSD | −0.012% | +0.0720% | 1h | $6K | $2K | 5x | as long as short |
| Aevo MON-PERP | −0.004% | +0.0104% | 1h | $39K | — | 3x | as long as short |
| Hyperliquid MONlong | 0.000% | +0.0836% | 1h | $35.0M | $7.9M | 5x | |
| Backpack MON_USDC_PERP | +0.012% | +0.0682% | 1h | $132K | $114K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.019% | +0.1471% | 1h | $6K | $84K | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.023% | +0.0290% | 1h | $44K | $69K | 25x | as long as short |
| KuCoin MONUSDTM | +0.031% | +0.0328% | 4h | $2.6M | $701K | 75x | as long as short |
| ApeX Omni MONUSDT | +0.031% | +0.0100% | 1h | $69K | $499K | 50x | as long as short |
| BloFin MON-USDT | +0.031% | +0.0147% | 4h | $1.4M | $200K | 75x | as long as short |
| edgeX MONUSDC | +0.082% | +0.0100% | 4h | $48K | $238K | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.093% | +0.0886% | 1h | $257K | $70K | 10x | as long as short |
| Phoenix MON | +0.135% | +0.0305% | 1h | $13K | $427K | 5x | as long as short |
| Nado MON-PERP | +0.192% | +0.0100% | 1h | $304K | $517K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.408% | +0.1208% | 1h | $115K | $42K | 50x | as long as short |