Funding you earn now, next payment 04:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.16 per $10,000 · paid last 24h −0.002%
Price spread now: Orderly against OKX+0.117%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.023%−$2 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Orderly is 0.117% dearer against OKX than usual: you sell high and buy low (spread +0.117% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 12 days. At the pace of the last 7 days (−0.023% in total) that is about 36 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MON-USDT-SWAP | 0.02570 | 0.0100 | pay 0.0050% / 4h | 3h 33m | $4.3M | $6.0M | 50x |
| Short | Orderly PERP_MON_USDC | 0.02573 | 0.0068 | get 0.0034% / 4h | 3h 33m | $17K | $64K | 10x |
OKX MON-USDT-SWAP
Orderly PERP_MON_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against OKX. 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
- −$6.67
- Price spread: +0.117% → 0.000%
- $11.67
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$11
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 5 min ago; Orderly: 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 OKX live order book, 5 min ago | 3.89 bp | 19.5 bp −$19 | 77.4 bp −$774 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0444% | 1h | 0.02576 | +0.233% | $6K | $107 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02576 | +0.249% | $13K | $351K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02573 | +0.132% | $69K | $119K | 25x | as long as short |
| Orderly PERP_MON_USDCshort | +0.0068% | 4h | 0.02573 | +0.117% | $17K | $64K | 10x | |
| 01 Exchange MONUSD | +0.0088% | 1h | 0.02577 | +0.276% | $6K | $1K | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02575 | +0.195% | $858K | $754K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0098% | 8h | 0.02574 | +0.174% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02579 | +0.346% | $393K | $536K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02577 | +0.292% | $35.0M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02576 | +0.242% | $107K | $231K | 10x | as long as short |
Injective MON/USDC PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MON
Aster MONUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02578 | +0.292% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02576 | +0.218% | $142K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02573 | +0.117% | $24.6M | $25.7M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02571 | +0.039% | $21.3M | $12.3M | 50x | as long as short |
| OKX MON-USDT-SWAPlong | +0.0100% | 4h | 0.02570 | long leg | $4.3M | $6.0M | 50x | |
| Bulk MON-USD | +0.0100% | 1h | 0.02575 | +0.195% | $106K | $2K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02575 | +0.195% | $982K | $904K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02574 | +0.156% | $2.7M | $1.9M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02575 | +0.183% | $128K | $141K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02581 | +0.432% | $780K | $407K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02578 | +0.304% | $44K | $248K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02581 | +0.445% | $585K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02577 | +0.272% | $69K | $484K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02573 | +0.117% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02577 | +0.283% | $49K | $513K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02573 | +0.097% | $39K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0139% | 1h | 0.02577 | +0.274% | $4K | $76K | 10x | as long as short |
| KuCoin MONUSDTM | +0.0140% | 4h | 0.02578 | +0.311% | $3.0M | $725K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02573 | +0.105% | $8K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02578 | +0.311% | $1.4M | $308K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02573 | +0.113% | $178K | $2.0M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0464% | 1h | 0.02577 | +0.257% | $271K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02579 | +0.366% | $113K | $51K | 50x | as long as short |
dYdX MON-USD
Pacifica MON
Binance MONUSDT
Bybit MONUSDT
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
KuCoin MONUSDTM
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX