Spread before costs (cost unknown: a leg has no order-book sample)+0.035%
7d average—if it closes, per $10,000$4funding while held, a day+$3.52
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_MON_USDC | 0.02568 | 0.0100 | pay 0.0050% / 4h | 3h 20m | $17K | $71K | 10x |
| Short | Deribit MON_USDC-PERPETUAL | 0.02569 | 0.0217 | get 0.0027% / 1h | 20m 30s | $44K | $70K | 25x |
Orderly PERP_MON_USDC
Deribit MON_USDC-PERPETUALPrice 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
- $3.5
- Funding while held
- $3.52
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$5.98
- Spread needed to break even
- 0.130%
Slippage unknown: Orderly: no order-book sample; Deribit: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0117%
- Per $10,000 a day
- +$3.52
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Deribit no order-book sample | — | — | — | — | — |
Orderly and Deribit: 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.Paradex0.02555cheapestOKX0.02556+0.038%Bybit0.02557+0.077%Gate0.02557+0.077%Aster0.02558+0.111%Lighter0.02558+0.116%01 Exchange0.02559+0.151%Pacifica0.02559+0.155%dYdX0.02559+0.157%Extended0.02559+0.163%Binance0.02561+0.222%Hyperliquid0.02561+0.222%Bitget0.02561+0.234%Nado0.02561+0.242%KuCoin0.02563+0.312%Variational Omni0.02566+0.413%Backpack0.02566+0.425%Aevo0.02568+0.492%
Paradex
OKX
Bybit
Gate
Aster
Lighter
Pacifica
dYdX
Extended
Binance
Hyperliquid
Bitget
Nado
KuCoin
Variational Omni
Backpack
AevoOrderly0.02568+0.508%
SoDEX0.02568+0.508%Kraken Futures0.02569+0.528%GMX0.02569+0.531%
SoDEX
Kraken Futures
GMXDeribit0.02569+0.543%
Perpl0.02569+0.559%BloFin0.02570+0.586%Phoenix0.02571+0.641%edgeX0.02572+0.673%ApeX Omni0.02573+0.703%Aftermath Perps0.02574+0.744%Bulk0.02580+0.977%Injective0.02581+1.016%Coinbase International0.02587+1.240%
Perpl
BloFin
Phoenix
ApeX Omni
Bulk
Injective
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 | −0.505% | +0.0100% | 8h | $8K | — | 5x | as long as short |
| OKX MON-USDT-SWAP | −0.467% | +0.0100% | 4h | $4.4M | $6.4M | 50x | as long as short |
| Bybit MONUSDT | −0.428% | +0.0100% | 8h | $21.3M | $11.1M | 50x | as long as short |
| Gate MON_USDT | −0.428% | +0.0100% | 4h | $954K | $936K | 50x | as long as short |
| Aster MONUSDT | −0.395% | +0.0100% | 4h | $111K | $222K | 10x | as long as short |
| Lighter MON | −0.389% | +0.0144% | 1h | $850K | $811K | 10x | as long as short |
| 01 Exchange MONUSD | −0.354% | +0.0368% | 1h | $6K | $1K | 5x | as long as short |
| Pacifica MON | −0.350% | +0.0100% | 1h | $161K | $88K | 3x | as long as short |
| dYdX MON-USD | −0.348% | +0.0100% | 1h | $13K | — | 5x | as long as short |
| Extended MON-USD | −0.343% | +0.0104% | 1h | $45K | $402K | 10x | as long as short |
Show all 32 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance MONUSDT | −0.284% | +0.0100% | 4h | $24.3M | $23.3M | 75x | as long as short |
| Hyperliquid MON | −0.284% | +0.0308% | 1h | $34.5M | $7.7M | 5x | as long as short |
| Bitget MONUSDT | −0.273% | +0.0100% | 4h | $2.6M | $1.7M | 25x | as long as short |
| Nado MON-PERP | −0.264% | +0.0100% | 1h | $299K | $512K | 10x | as long as short |
| KuCoin MONUSDTM | −0.195% | +0.0484% | 4h | $2.6M | $706K | 75x | as long as short |
| Variational Omni MON | −0.094% | +0.0100% | 8h | $794K | $313K | — | as long as short |
| Backpack MON_USDC_PERP | −0.082% | +0.0100% | 1h | $124K | $127K | 10x | as long as short |
| Aevo MON-PERP | −0.016% | +0.0104% | 1h | $39K | — | 3x | as long as short |
| Orderly PERP_MON_USDClong | 0.000% | +0.0100% | 4h | $17K | $71K | 10x | |
| SoDEX MON-USD | 0.000% | +0.0100% | 1h | $5K | $6K | 5x | as long as short |
| Kraken Futures PF_MONUSD | +0.020% | +0.0992% | 1h | $255K | $70K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | +0.023% | L +0.0231% / S −0.0343% | 1h | $6K | — | 50x | as long as short |
| Deribit MON_USDC-PERPETUALshort | +0.035% | +0.0217% | 1h | $44K | $70K | 25x | |
| Perpl MON | +0.051% | +0.0447% | 43m | $218K | $1.6M | 10x | as long as short |
| BloFin MON-USDT | +0.078% | +0.0150% | 4h | $1.4M | $199K | 75x | as long as short |
| Phoenix MON | +0.132% | +0.0310% | 1h | $13K | $420K | 5x | as long as short |
| edgeX MONUSDC | +0.164% | +0.0100% | 4h | $47K | $239K | 10x | as long as short |
| ApeX Omni MONUSDT | +0.195% | +0.0100% | 1h | $68K | $496K | 50x | as long as short |
| Aftermath Perps MONUSD | +0.235% | +0.1360% | 1h | $6K | $83K | 10x | as long as short |
| Bulk MON-USD | +0.467% | +0.0100% | 1h | $106K | $25K | 10x | as long as short |
| Injective MON/USDC PERP | +0.506% | +0.0199% | 1h | $6K | $110 | 5.5x | as long as short |
| Coinbase International MON-PERP-INTX | +0.728% | +0.1176% | 1h | $115K | $47K | 50x | as long as short |