Funding you earn now, next payment 02:22 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.023%
Price spread now: Variational Omni against Perpl−0.307%7-day average −0.153% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.104%−$10 on $10k
+Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.307%, 7d avg −0.153%
=Together, before fees+0.044%+ Points / potential airdropPerpl: Active · Variational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.154% cheaper against Perpl than usual: you would sell low and buy high (spread −0.307% now, against its 7-day average of −0.153%). If the spread goes back, that is −$15 on $10k: about 5.1 days of funding at the current rate (+$3 a day). Mind the row above: over the last 3 days funding on this pair cost −0.104%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Perpl MON | 0.02538 | 0 | get 0.0000% / 43m | 23m 15s | $105K | $2.3M | 10x |
| Short | Variational Omni MON | 0.02531 | 0.0100 | get 0.0100% / 8h | 5h 35m | $752K | $405K | — |
Perpl MON
Variational Omni MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: −0.307% → −0.153%
- −$15.4
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$8.2
- Costs to cover
- 0.138%
- Break-even
- 9.7 days
Slippage unknown: Perpl: no order-book sample; Variational Omni: RFQ quote, 29 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 Variational Omni RFQ quote, 29 min ago | 9.85 bp | doesn't fit | 124.1 bp −$1,241 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MON | −0.0316% | 1h | 0.02527 | −0.449% | $13K | $367K | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.0267% | 1h | 0.02538 | +0.004% | $114K | $151K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0253% | 1h | 0.02535 | −0.130% | $6K | $111 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0148% | 8h | 0.02534 | −0.169% | $20.8M | $12.9M | 50x | as long as short |
| 01 Exchange MONUSD | −0.0016% | 1h | 0.02535 | −0.126% | $6K | $1K | 5x | as long as short |
| Perpl MONlong | 0.0000% | 43m | 0.02538 | long leg | $105K | $2.3M | 10x | |
| Deribit MON_USDC-PERPETUAL | +0.0065% | 1h | 0.02539 | +0.024% | $68K | $125K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0082% | 4h | 0.02537 | −0.051% | $16K | $51K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02540 | +0.067% | $846K | $738K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02534 | −0.180% | $8K | $42 | 5x | as long as short |
Phoenix MON
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado MON-PERP | +0.0100% | 1h | 0.02537 | −0.062% | $408K | $540K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02539 | +0.035% | $34.4M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02534 | −0.164% | $101K | $229K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02528 | −0.396% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02530 | −0.347% | $140K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02538 | −0.028% | $24.2M | $26.1M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02535 | −0.130% | $4.2M | $5.8M | 50x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02535 | −0.130% | $955K | $918K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02538 | −0.012% | $2.9M | $742K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02537 | −0.051% | $2.7M | $2.0M | 25x | as long as short |
| Variational Omni MONshort | +0.0100% | 8h | 0.02531 | −0.307% | $752K | $405K | — | |
| edgeX MONUSDC | +0.0100% | 4h | 0.02528 | −0.415% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02529 | −0.357% | $566K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02530 | −0.327% | $68K | $501K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02538 | −0.012% | $5K | $6K | 5x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02530 | −0.327% | $105K | $4K | 10x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02540 | +0.065% | $50K | $516K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02538 | −0.016% | $38K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0243% | 1h | 0.02532 | −0.251% | $2K | $74K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02537 | −0.035% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02539 | +0.028% | $1.3M | $308K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0490% | 1h | 0.02539 | +0.035% | $270K | $100K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02533 | −0.225% | $111K | $52K | 50x | as long as short |
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Bulk MON-USD
Extended MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX