Spread before costs (cost unknown: a leg has no order-book sample)+0.135%
7d average−0.071%if it closes, per $10,000$13funding while held, a day−$15.93
| 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 28s | $35.0M | $7.9M | 5x |
| Short | Phoenix MON | 0.02599 | 0.0305 | get 0.0038% / 1h | 21m 28s | $13K | $427K | 5x |
Hyperliquid MON
Phoenix 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
- $13.49
- Funding while held
- −$15.93
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$18.44
- Spread needed to break even
- 0.160%
Slippage unknown: Hyperliquid: live order book, 3 min ago; Phoenix: live order book, 27 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0531%
- Per $10,000 a day
- −$15.93
- 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 Phoenix live order book, 27 min ago | 1.14 bp | 13.1 bp −$13 | 44.5 bp −$445 | 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%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%Perpl0.02592+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%
Paradex
OKX
Injective
Bybit
Gate
Pacifica
dYdX
Binance
Bitget
Orderly
Perpl
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%
Backpack
Deribit
KuCoin
ApeX Omni
BloFin
Kraken FuturesPhoenix0.02599+0.400%
Nado0.02600+0.457%Coinbase International0.02606+0.674%
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 MON | −0.119% | +0.0447% | 43m | $136K | $1.5M | 10x | as long as short |
| 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 MONshort | +0.135% | +0.0305% | 1h | $13K | $427K | 5x | |
| 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 |