Spread before costs (cost unknown: a leg has no order-book sample)+0.149%
7d average+0.159%if it closes, per $10,000$15funding while held, a day+$3.65
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MON-USDT-SWAP | 0.02553 | 0.0100 | pay 0.0050% / 4h | 2h 39m | $4.4M | $6.1M | 50x |
| Short | Hyperliquid MON | 0.02557 | 0.0222 | get 0.0028% / 1h | 39m 43s | $34.5M | $7.4M | 5x |
OKX MON-USDT-SWAP
Hyperliquid 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
- $14.88
- Funding while held
- $3.65
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$0.47
- Spread needed to break even
- 0.190%
Slippage unknown: OKX: live order book, 5 min ago; Hyperliquid: live order book, 5 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0122%
- Per $10,000 a day
- +$3.65
- 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 OKX live order book, 5 min ago | 1.95 bp | 24.0 bp −$24 | 85.1 bp −$851 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 1.36 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
MON price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.02549cheapest01 Exchange0.02551+0.093%Bybit0.02551+0.097%Aster0.02551+0.102%BloFin0.02552+0.132%Backpack0.02553+0.167%
Variational Omni
Bybit
Aster
BloFin
BackpackOKX0.02553+0.171%
Gate0.02553+0.171%Orderly0.02553+0.171%SoDEX0.02553+0.171%Aevo0.02554+0.195%dYdX0.02555+0.230%Deribit0.02555+0.234%GMX0.02555+0.238%Paradex0.02555+0.249%Binance0.02556+0.275%Pacifica0.02556+0.281%Extended0.02556+0.286%Bitget0.02556+0.289%
Gate
Orderly
SoDEX
Aevo
dYdX
Deribit
GMX
Paradex
Binance
Pacifica
Extended
BitgetHyperliquid0.02557+0.320%
Coinbase International0.02557+0.320%Kraken Futures0.02557+0.321%Lighter0.02557+0.328%Perpl0.02557+0.328%Nado0.02557+0.331%KuCoin0.02558+0.367%Bulk0.02560+0.446%edgeX0.02562+0.517%Phoenix0.02562+0.532%Aftermath Perps0.02563+0.546%ApeX Omni0.02563+0.563%Injective0.02571+0.877%
Coinbase International
Kraken Futures
Lighter
Perpl
Nado
KuCoin
Bulk
Phoenix
ApeX Omni
InjectiveMON on 32 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni MON | −0.171% | +0.0100% | 8h | $781K | $302K | — | as long as short |
| 01 Exchange MONUSD | −0.078% | −0.0024% | 1h | $6K | $1K | 5x | as long as short |
| Bybit MONUSDT | −0.074% | +0.0017% | 8h | $21.3M | $11.0M | 50x | as long as short |
| Aster MONUSDT | −0.069% | +0.0100% | 4h | $106K | $239K | 10x | as long as short |
| BloFin MON-USDT | −0.039% | +0.0108% | 4h | $1.4M | $199K | 75x | as long as short |
| Backpack MON_USDC_PERP | −0.004% | +0.0100% | 1h | $123K | $126K | 10x | as long as short |
| OKX MON-USDT-SWAPlong | 0.000% | +0.0100% | 4h | $4.4M | $6.1M | 50x | |
| Gate MON_USDT | 0.000% | +0.0100% | 4h | $962K | $933K | 50x | as long as short |
| Orderly PERP_MON_USDC | 0.000% | +0.0100% | 4h | $17K | $71K | 10x | as long as short |
| SoDEX MON-USD | 0.000% | +0.0100% | 1h | $5K | $6K | 5x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo MON-PERP | +0.024% | +0.0104% | 1h | $39K | — | 3x | as long as short |
| dYdX MON-USD | +0.059% | +0.0100% | 1h | $13K | — | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.063% | 0.0000% | 1h | $46K | $72K | 25x | as long as short |
| GMX MON/USD [ETH-USDC] | +0.067% | L +0.0231% / S −0.0343% | 1h | $6K | — | 50x | as long as short |
| Paradex MON-USD-PERP | +0.077% | +0.0100% | 8h | $8K | $42 | 5x | as long as short |
| Binance MONUSDT | +0.103% | +0.0100% | 4h | $24.3M | $23.2M | 75x | as long as short |
| Pacifica MON | +0.110% | +0.0100% | 1h | $154K | $96K | 3x | as long as short |
| Extended MON-USD | +0.115% | +0.0104% | 1h | $45K | $400K | 10x | as long as short |
| Bitget MONUSDT | +0.118% | +0.0100% | 4h | $2.6M | $1.7M | 25x | as long as short |
| Hyperliquid MONshort | +0.149% | +0.0222% | 1h | $34.5M | $7.4M | 5x | |
| Coinbase International MON-PERP-INTX | +0.149% | +0.0928% | 1h | $114K | $50K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.149% | +0.1077% | 1h | $254K | $68K | 10x | as long as short |
| Lighter MON | +0.157% | +0.0096% | 1h | $846K | $750K | 10x | as long as short |
| Perpl MON | +0.157% | +0.0447% | 43m | $211K | $1.6M | 10x | as long as short |
| Nado MON-PERP | +0.159% | +0.0100% | 1h | $302K | $507K | 10x | as long as short |
| KuCoin MONUSDTM | +0.196% | +0.0484% | 4h | $2.6M | $709K | 75x | as long as short |
| Bulk MON-USD | +0.275% | +0.0100% | 1h | $105K | $5K | 10x | as long as short |
| edgeX MONUSDC | +0.346% | +0.0100% | 4h | $47K | $241K | 10x | as long as short |
| Phoenix MON | +0.360% | 0.0000% | 1h | $13K | $386K | 5x | as long as short |
| Aftermath Perps MONUSD | +0.374% | +0.1313% | 1h | $6K | $68K | 10x | as long as short |
| ApeX Omni MONUSDT | +0.392% | +0.0100% | 1h | $68K | $495K | 50x | as long as short |
| Injective MON/USDC PERP | +0.705% | −0.0302% | 1h | $6K | $106 | 5.5x | as long as short |