Spread before costs (cost unknown: a leg has no order-book sample)+0.221%
7d average—if it closes, per $10,000$22funding while held, a day+$29.31
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective MON/USDC PERP | 0.02581 | 0.0199 | pay 0.0025% / 1h | 24m 56s | $6K | $110 | 5.5x |
| Short | Coinbase International MON-PERP-INTX | 0.02587 | 0.1176 | get 0.0147% / 1h | 24m 56s | $115K | $47K | 50x |
Injective MON/USDC PERP
Coinbase International MON-PERP-INTXPrice 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
- $22.08
- Funding while held
- $29.31
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $41.37
- Spread needed to break even
- 0.100%
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 19 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0977%
- Per $10,000 a day
- +$29.31
- 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 Injective no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 19 min ago | 21.28 bp | 114.2 bp −$114 | doesn't fit | doesn't fit | doesn't fit |
Injective: 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.Bybit0.02570cheapestOKX0.02570cheapestBackpack0.02570+0.012%Binance0.02573+0.117%Bitget0.02573+0.117%Gate0.02575+0.195%Orderly0.02575+0.195%Variational Omni0.02575+0.196%Hyperliquid0.02575+0.202%GMX0.02575+0.206%Lighter0.02576+0.233%Aevo0.02576+0.233%SoDEX0.02576+0.233%BloFin0.02576+0.233%Aster0.02576+0.249%Paradex0.02577+0.270%Perpl0.02577+0.276%Deribit0.02577+0.292%Kraken Futures0.02578+0.300%dYdX0.02578+0.316%Pacifica0.02578+0.319%Aftermath Perps0.02579+0.335%01 Exchange0.02579+0.346%Phoenix0.02579+0.358%Bulk0.02580+0.389%ApeX Omni0.02580+0.389%Extended0.02581+0.418%KuCoin0.02581+0.428%
Bybit
OKX
Backpack
Binance
Bitget
Gate
Orderly
Variational Omni
Hyperliquid
GMX
Lighter
Aevo
SoDEX
BloFin
Aster
Paradex
Perpl
Deribit
Kraken Futures
dYdX
Pacifica
Phoenix
Bulk
ApeX Omni
Extended
KuCoinInjective0.02581+0.428%
edgeX0.02582+0.467%Nado0.02583+0.524%
NadoCoinbase International0.02587+0.650%
MON on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit MONUSDT | −0.426% | +0.0100% | 8h | $21.4M | $11.2M | 50x | as long as short |
| OKX MON-USDT-SWAP | −0.426% | +0.0100% | 4h | $4.4M | $6.4M | 50x | as long as short |
| Backpack MON_USDC_PERP | −0.415% | +0.0100% | 1h | $125K | $125K | 10x | as long as short |
| Binance MONUSDT | −0.310% | +0.0100% | 4h | $24.5M | $23.2M | 75x | as long as short |
| Bitget MONUSDT | −0.310% | +0.0100% | 4h | $2.7M | $1.7M | 25x | as long as short |
| Gate MON_USDT | −0.232% | +0.0100% | 4h | $974K | $930K | 50x | as long as short |
| Orderly PERP_MON_USDC | −0.232% | +0.0100% | 4h | $17K | $71K | 10x | as long as short |
| Variational Omni MON | −0.231% | +0.0100% | 8h | $798K | $313K | — | as long as short |
| Hyperliquid MON | −0.225% | +0.0327% | 1h | $34.7M | $7.7M | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | −0.221% | L +0.0231% / S −0.0343% | 1h | $6K | — | 50x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Lighter MON | −0.194% | +0.0176% | 1h | $873K | $778K | 10x | as long as short |
| Aevo MON-PERP | −0.194% | +0.0104% | 1h | $39K | — | 3x | as long as short |
| SoDEX MON-USD | −0.194% | +0.0100% | 1h | $5K | $6K | 5x | as long as short |
| BloFin MON-USDT | −0.194% | +0.0109% | 4h | $1.4M | $200K | 75x | as long as short |
| Aster MONUSDT | −0.178% | +0.0100% | 4h | $112K | $223K | 10x | as long as short |
| Paradex MON-USD-PERP | −0.157% | +0.0100% | 8h | $8K | — | 5x | as long as short |
| Perpl MON | −0.151% | +0.0447% | 43m | $218K | $1.6M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.136% | +0.0527% | 1h | $44K | $70K | 25x | as long as short |
| Kraken Futures PF_MONUSD | −0.128% | +0.0988% | 1h | $256K | $70K | 10x | as long as short |
| dYdX MON-USD | −0.112% | +0.0100% | 1h | $13K | — | 5x | as long as short |
| Pacifica MON | −0.108% | +0.0100% | 1h | $163K | $88K | 3x | as long as short |
| Aftermath Perps MONUSD | −0.093% | +0.1366% | 1h | $6K | $83K | 10x | as long as short |
| 01 Exchange MONUSD | −0.081% | +0.0400% | 1h | $6K | $1K | 5x | as long as short |
| Phoenix MON | −0.070% | +0.0310% | 1h | $13K | $420K | 5x | as long as short |
| Bulk MON-USD | −0.039% | +0.0100% | 1h | $106K | $25K | 10x | as long as short |
| ApeX Omni MONUSDT | −0.039% | +0.0100% | 1h | $69K | $497K | 50x | as long as short |
| Extended MON-USD | −0.010% | +0.0104% | 1h | $46K | $402K | 10x | as long as short |
| KuCoin MONUSDTM | 0.000% | +0.0476% | 4h | $2.6M | $706K | 75x | as long as short |
| Injective MON/USDC PERPlong | 0.000% | +0.0199% | 1h | $6K | $110 | 5.5x | |
| edgeX MONUSDC | +0.039% | +0.0100% | 4h | $47K | $239K | 10x | as long as short |
| Nado MON-PERP | +0.095% | +0.0100% | 1h | $302K | $508K | 10x | as long as short |
| Coinbase International MON-PERP-INTXshort | +0.221% | +0.1176% | 1h | $115K | $47K | 50x |