Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.003%
Price spread now: Aster against Phoenix+0.656%75s7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$920.917% of the position
Funding, last 6 days (all we have)+0.116%+$12 on $10k
+Price spread, last 4 days (all we have)−0.815%−$82 · spread now +0.656%, 7d avg −0.020%
=Together, before fees−0.699%+ Points / potential airdropAster: Stage 5 · farm board−$70 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aster is 0.676% dearer against Phoenix than usual: you sell high and buy low: +$68 more if the spread goes back to its 7-day average of −0.020%. The two prices were read 75 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 | Phoenix MON | 0.02477 | 0 | get 0.0000% / 1h | 20m 15s | $12K | $355K | 5x |
| Short | Aster MONUSDT | 0.02493 | 0.0100 | get 0.0050% / 4h | 2h 20m | $99K | $221K | 10x |
Phoenix MON
Aster MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phoenix. 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: +0.656% → −0.020%
- $67.61
- Slippage, 4 orders
- −$76.7
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$3.09
- Costs to cover
- 0.917%
- Break-even
- 8.0 days
Slippage from Phoenix: live order book, 26 min ago; Aster: 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 Phoenix live order book, 26 min ago | 0.80 bp | 12.9 bp −$13 | 52.5 bp −$525 | doesn't fit | doesn't fit |
| Sell Aster live order book, 26 min ago | 14.04 bp | 28.4 bp −$28 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0128% | 1h | 0.02489 | +0.493% | $115K | $154K | 10x | as long as short |
| Bybit MONUSDT | −0.0019% | 8h | 0.02497 | +0.803% | $20.5M | $13.7M | 50x | as long as short |
| Phoenix MONlong | 0.0000% | 1h | 0.02477 | long leg | $12K | $355K | 5x | |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02496 | +0.751% | $73K | $135K | 25x | as long as short |
| 01 Exchange MONUSD | +0.0008% | 1h | 0.02496 | +0.763% | $6K | $1K | 5x | as long as short |
| Injective MON/USDC PERP | +0.0039% | 1h | 0.02489 | +0.480% | $5K | $113 | 5.5x | as long as short |
| Orderly PERP_MON_USDC | +0.0083% | 4h | 0.02493 | +0.642% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02495 | +0.723% | $815K | $765K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02495 | +0.737% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02499 | +0.876% | $409K | $571K | 10x | as long as short |
Backpack MON_USDC_PERP
Bybit MONUSDT
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Injective MON/USDC PERP
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02496 | +0.763% | $33.4M | $7.6M | 5x | as long as short |
| Aster MONUSDTshort | +0.0100% | 4h | 0.02493 | +0.656% | $99K | $221K | 10x | |
| dYdX MON-USD | +0.0100% | 1h | 0.02495 | +0.734% | $12K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02494 | +0.698% | $138K | $92K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02498 | +0.844% | $23.7M | $27.4M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02497 | +0.803% | $4.2M | $6.1M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02479 | +0.097% | $102K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02493 | +0.642% | $932K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02499 | +0.884% | $2.9M | $764K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02497 | +0.803% | $2.7M | $2.2M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02488 | +0.422% | $733K | $408K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02475 | −0.091% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02477 | −0.005% | $550K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02476 | −0.044% | $67K | $529K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02495 | +0.723% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02497 | +0.812% | $47K | $283K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02496 | +0.767% | $38K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0152% | 1h | 0.02481 | +0.174% | $5K | $81K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0230% / S −0.0246% | 1h | 0.02495 | +0.739% | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02487 | +0.400% | $1.3M | $348K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02496 | +0.755% | $114K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0456% | 1h | 0.02530 | +2.136% | $110K | $54K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.1019% | 1h | 0.02497 | +0.805% | $268K | $119K | 10x | as long as short |
Hyperliquid MON
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD