Funding you earn now, next payment 10:00 UTC−0.0067%/8h= −7.3% APRnext payment −$0.08 per $10,000 · paid last 24h −0.024%
Price spread now: Injective against Nado−2.129%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 2.129% cheaper against Nado than usual: you would sell low and buy high (−$213 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado MON-PERP | 0.02559 | 0.0100 | pay 0.0012% / 1h | 59m 15s | $392K | $577K | 10x |
| Short | Injective MON/USDC PERP | 0.02505 | 0.0033 | get 0.0004% / 1h | 59m 15s | $5K | $104 | 5.5x |
Nado MON-PERP
Injective MON/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Nado. 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
- −$14
- Price spread: −2.129% → 0.000%
- −$212.88
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$233.9
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 34 min ago; Injective: no order-book sample. 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 Nado live order book, 34 min ago | 0.40 bp | 9.1 bp −$9 | 1299.6 bp −$13.0K | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0143% | 1h | 0.02559 | +0.001% | $114K | $152K | 10x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02558 | −0.074% | $14K | $304K | 5x | as long as short |
| Injective MON/USDC PERPshort | +0.0033% | 1h | 0.02505 | −2.129% | $5K | $104 | 5.5x | |
| Lighter MON | +0.0096% | 1h | 0.02557 | −0.097% | $833K | $758K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02555 | −0.185% | $8K | $42 | 5x | as long as short |
| Nado MON-PERPlong | +0.0100% | 1h | 0.02559 | long leg | $392K | $577K | 10x | |
| Aster MONUSDT | +0.0100% | 4h | 0.02556 | −0.122% | $101K | $202K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02557 | −0.085% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02555 | −0.160% | $142K | $89K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02556 | −0.148% | $24.6M | $26.8M | 75x | as long as short |
Backpack MON_USDC_PERP
Phoenix MON
Lighter MON
Paradex MON-USD-PERP
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MONUSDT | +0.0100% | 8h | 0.02554 | −0.230% | $21.3M | $13.4M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02554 | −0.214% | $4.3M | $6.1M | 50x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02556 | −0.136% | $1.0M | $1.1M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02557 | −0.097% | $2.9M | $762K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02556 | −0.136% | $2.8M | $2.2M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02553 | −0.272% | $759K | $376K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02555 | −0.157% | $42K | $252K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02557 | −0.082% | $580K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02557 | −0.097% | $69K | $545K | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0100% | 4h | 0.02556 | −0.136% | $16K | $36K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02555 | −0.175% | $5K | $6K | 5x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02542 | −0.692% | $104K | −$0 | 10x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02558 | −0.044% | $61K | $329K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02555 | −0.187% | $39K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0231% / S −0.0246% | 1h | 0.02555 | −0.195% | $7K | — | 50x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0298% | 1h | 0.02556 | −0.128% | $73K | $135K | 25x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02561 | +0.059% | $1.4M | $404K | 75x | as long as short |
| Hyperliquid MON | +0.0392% | 1h | 0.02558 | −0.042% | $34.5M | $6.5M | 5x | as long as short |
| 01 Exchange MONUSD | +0.0440% | 1h | 0.02557 | −0.082% | $6K | $3K | 5x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02557 | −0.085% | $119K | $2.1M | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0634% | 1h | 0.02557 | −0.084% | $4K | $97K | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0667% | 1h | 0.02560 | +0.002% | $275K | $118K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0800% | 1h | 0.02575 | +0.610% | $114K | $53K | 50x | as long as short |
Bybit MONUSDT
OKX MON-USDT-SWAP
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Orderly PERP_MON_USDC
SoDEX MON-USD
Bulk MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Deribit MON_USDC-PERPETUAL
BloFin MON-USDT
Hyperliquid MON
01 Exchange MONUSD
Perpl MON
Aftermath Perps MONUSD
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX