Funding you earn now, next payment 22:03 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.023%
Price spread now: Binance against Perpl−0.241%54s7-day average −0.045% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.189%−$19 on $10k
+Price spread, last 3 days (all we have)−0.016%−$2 · spread now −0.241%, 7d avg −0.045%
=Together, before fees−0.205%+ Points / potential airdropPerpl: Active · farm board−$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.196% cheaper against Perpl than usual: you would sell low and buy high (spread −0.241% now, against its 7-day average of −0.045%). If the spread goes back, that is −$20 on $10k: about 6.5 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.189%, so the current rate has only just turned in your favour. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl MON | 0.02575 | 0 | get 0.0000% / 43m | 0m 34s | $143K | $1.8M | 10x |
| Short | Binance MONUSDT | 0.02569 | 0.0100 | get 0.0050% / 4h | 1h 30m | $24.4M | $24.6M | 75x |
Perpl MON
Binance MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Perpl. 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
- $21
- Price spread: −0.241% → −0.045%
- −$19.61
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$22.41
- Costs to cover
- 0.238%
- Break-even
- 14.5 days
Slippage unknown: Perpl: no order-book sample; Binance: live order book, 11 min ago. 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 Perpl no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 11 min ago | 1.93 bp | 18.2 bp −$18 | 72.1 bp −$721 | 360.1 bp −$36.0K | doesn't fit |
Perpl: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MONUSDT | −0.0053% | 8h | 0.02566 | −0.369% | $21.4M | $11.7M | 50x | as long as short |
| Injective MON/USDC PERP | −0.0053% | 1h | 0.02582 | +0.264% | $6K | $108 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0048% | 1h | 0.02570 | −0.194% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02580 | +0.183% | $13K | $362K | 5x | as long as short |
| Perpl MONlong | 0.0000% | 43m | 0.02575 | long leg | $143K | $1.8M | 10x | |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02571 | −0.148% | $69K | $119K | 25x | as long as short |
| Aftermath Perps MONUSD | +0.0025% | 1h | 0.02582 | +0.256% | $2K | $73K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0067% | 4h | 0.02570 | −0.202% | $17K | $64K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0080% | 8h | 0.02568 | −0.269% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02571 | −0.163% | $852K | $773K | 10x | as long as short |
Bybit MONUSDT
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Deribit MON_USDC-PERPETUAL
Aftermath Perps MONUSD
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Lighter MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado MON-PERP | +0.0100% | 1h | 0.02574 | −0.034% | $388K | $538K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02573 | −0.074% | $34.8M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02571 | −0.147% | $107K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02571 | −0.148% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02569 | −0.241% | $142K | $107K | 3x | as long as short |
| Binance MONUSDTshort | +0.0100% | 4h | 0.02569 | −0.241% | $24.4M | $24.6M | 75x | |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02565 | −0.396% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02570 | −0.202% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02570 | −0.202% | $1.0M | $865K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02571 | −0.163% | $2.7M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02581 | +0.233% | $781K | $406K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02580 | +0.172% | $47K | $244K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02584 | +0.342% | $580K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02578 | +0.109% | $69K | $481K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02570 | −0.202% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02574 | −0.063% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02569 | −0.252% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0174% | 1h | 0.02573 | −0.100% | $270K | $77K | 10x | as long as short |
| Backpack MON_USDC_PERP | +0.0208% | 1h | 0.02571 | −0.163% | $137K | $136K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02574 | −0.062% | $8K | — | 50x | as long as short |
| KuCoin MONUSDTM | +0.0314% | 4h | 0.02575 | −0.008% | $3.2M | $724K | 75x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02572 | −0.124% | $1.4M | $292K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02607 | +1.223% | $114K | $49K | 50x | as long as short |
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Kraken Futures PF_MONUSD
Backpack MON_USDC_PERP
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
BloFin MON-USDT
Coinbase International MON-PERP-INTX