MON

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0380%/8h= +41.6% APRnext payment +$0.48 per $10,000 · paid last 24h +0.220%

Price spread now: Coinbase International against Pacifica+0.418%7-day average +0.466% · you sell dearer than you buy

Net, funding: paid 7d − costs+$6as in the Funding arb table

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$850.850% of the position

Long on Pacifica Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.912%+$91 on $10k

Price spread, last 3 days (all we have)−0.006%−$1 · spread now +0.418%, 7d avg +0.466%

Together, before fees+0.905%+ Points / potential airdropPacifica: Active · farm board+$91 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.048% cheaper against Pacifica than usual: you would sell low and buy high (spread +0.418% now, against its 7-day average of +0.466%). If the spread goes back, that is −$5 on $10k: about 10 hours of funding at the current rate (+$11 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica MON	0.02586	0.0100	pay 0.0013% / 1h	51m 32s	$143K	$105K	3x
Short	Coinbase International MON-PERP-INTX	0.02597	0.0480	get 0.0060% / 1h	51m 32s	$114K	$50K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Pacifica. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PacificabpFee Coinbase InternationalbpOrdersPrice spread, now +0.418%Rate

Funding earned: $79.8
Price spread: +0.418% → +0.466%: −$4.82
Slippage, 4 orders: −$67.05
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$10.07
Costs to cover: 0.850%
Break-even: 7.9 days

Slippage from Pacifica: live order book, 26 min ago; Coinbase International: live order book, 26 min ago.

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 Pacifica live order book, 26 min ago	3.88 bp	18.0 bp −$18	doesn't fit	doesn't fit	doesn't fit
Sell Coinbase International live order book, 26 min ago	15.92 bp	20.9 bp −$21	doesn't fit	doesn't fit	doesn't fit

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	−0.0121%	1h	0.02575	−0.441%	$6K	$106	5.5x	as long as short
01 Exchange MONUSD	−0.0088%	1h	0.02586	−0.019%	$6K	$1K	5x	as long as short
Bybit MONUSDT	−0.0067%	8h	0.02583	−0.124%	$21.4M	$12.0M	50x	as long as short
Phoenix MON	0.0000%	1h	0.02576	−0.421%	$13K	$360K	5x	as long as short
Perpl MON	0.0000%	43m	0.02587	+0.039%	$128K	$1.8M	10x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02586	−0.027%	$70K	$119K	25x	as long as short
Aftermath Perps MONUSD	+0.0037%	1h	0.02579	−0.288%	$2K	$74K	10x	as long as short
Orderly PERP_MON_USDC	+0.0066%	4h	0.02583	−0.131%	$17K	$64K	10x	as long as short
Paradex MON-USD-PERP	+0.0091%	8h	0.02585	−0.047%	$8K	$42	5x	as long as short
Variational Omni MON	+0.0091%	8h	0.02575	−0.435%	$777K	$408K	—	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MON	+0.0096%	1h	0.02589	+0.101%	$859K	$781K	10x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02590	+0.121%	$397K	$547K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02589	+0.097%	$35.0M	$7.5M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02586	−0.017%	$109K	$231K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02588	+0.049%	$13K	—	5x	as long as short
Pacifica MONlong	+0.0100%	1h	0.02586	long leg	$143K	$105K	3x
Binance MONUSDT	+0.0100%	4h	0.02586	−0.019%	$24.6M	$25.0M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02584	−0.093%	$4.4M	$6.0M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02555	−1.214%	$107K	$3K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02586	−0.015%	$996K	$868K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02588	+0.062%	$2.8M	$1.8M	25x	as long as short
Backpack MON_USDC_PERP	+0.0100%	1h	0.02585	−0.070%	$128K	$141K	10x	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02584	−0.108%	$47K	$243K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02587	+0.023%	$580K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02578	−0.325%	$69K	$482K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02584	−0.093%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02587	+0.028%	$52K	$407K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02584	−0.097%	$39K	—	3x	as long as short
KuCoin MONUSDTM	+0.0242%	4h	0.02590	+0.139%	$3.0M	$715K	75x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0260% / S −0.0598%	1h	0.02585	−0.050%	$9K	—	50x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02588	+0.062%	$1.3M	$310K	75x	as long as short
Kraken Futures PF_MONUSD	+0.0417%	1h	0.02589	+0.095%	$272K	$78K	10x	as long as short
Coinbase International MON-PERP-INTXshort	+0.0480%	1h	0.02597	+0.418%	$114K	$50K	50x