MON

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0246%/8h= −26.9% APRnext payment −$0.31 per $10,000 · paid last 24h +0.014%

Price spread now: Deribit against SoDEX+0.055%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Deribit is 0.055% dearer against SoDEX than usual: you sell high and buy low (spread +0.055% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 18 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX MON-USD	0.02525	0.0100	pay 0.0013% / 1h	7m 44s	$5K	$6K	5x
Short	Deribit MON_USDC-PERPETUAL	0.02526	−0.0146	pay 0.0018% / 1h	7m 44s	$80K	$119K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against SoDEX. 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 SoDEXbpFee DeribitbpOrdersPrice spread, now +0.055%Rate

Funding earned: −$51.59
Price spread: +0.055% → 0.000%: $5.54
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$61.04
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Deribit: live order book, 39 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 SoDEX no order-book sample	—	—	—	—	—
Sell Deribit live order book, 39 min ago	6.57 bp	10.1 bp −$10	doesn't fit	doesn't fit	doesn't fit

SoDEX: 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 exchanges

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
01 Exchange MONUSD	−0.0480%	1h	0.02526	+0.055%	$6K	$2K	5x	as long as short
Backpack MON_USDC_PERP	−0.0347%	1h	0.02528	+0.131%	$114K	$146K	10x	as long as short
Injective MON/USDC PERP	−0.0246%	1h	0.02541	+0.634%	$6K	$101	5.5x	as long as short
Bybit MONUSDT	−0.0155%	8h	0.02522	−0.119%	$21.4M	$13.5M	50x	as long as short
Deribit MON_USDC-PERPETUALshort	−0.0146%	1h	0.02526	+0.055%	$80K	$119K	25x
Phoenix MON	0.0000%	1h	0.02519	−0.222%	$12K	$281K	5x	as long as short
Paradex MON-USD-PERP	+0.0034%	8h	0.02523	−0.088%	$8K	$42	5x	as long as short
Lighter MON	+0.0096%	1h	0.02526	+0.040%	$828K	$737K	10x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02530	+0.181%	$402K	$575K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02528	+0.127%	$33.9M	$6.3M	5x	as long as short

Show all 33 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster MONUSDT	+0.0100%	4h	0.02524	−0.040%	$100K	$204K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02523	−0.072%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02527	+0.075%	$140K	$85K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02526	+0.033%	$24.3M	$26.3M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02523	−0.079%	$4.2M	$5.9M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02520	−0.198%	$103K	$238	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02526	+0.040%	$1.2M	$1.3M	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02526	+0.040%	$2.9M	$695K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02527	+0.079%	$2.8M	$2.3M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02516	−0.362%	$751K	$368K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02516	−0.352%	$42K	$248K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02521	−0.158%	$566K	$1.4M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02519	−0.238%	$68K	$547K	50x	as long as short
Orderly PERP_MON_USDC	+0.0100%	4h	0.02527	+0.079%	$16K	$36K	10x	as long as short
SoDEX MON-USDlong	+0.0100%	1h	0.02525	long leg	$5K	$6K	5x
Extended MON-USD	+0.0104%	1h	0.02528	+0.129%	$58K	$320K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02525	+0.008%	$38K	—	3x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0231% / S −0.0246%	1h	0.02521	−0.178%	$6K	—	50x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02523	−0.079%	$1.4M	$391K	75x	as long as short
Aftermath Perps MONUSD	+0.0373%	1h	0.02523	−0.075%	$5K	$97K	10x	as long as short
Perpl MON	+0.0447%	43m	0.02524	−0.048%	$117K	$2.1M	10x	as long as short
Kraken Futures PF_MONUSD	+0.0695%	1h	0.02530	+0.212%	$276K	$127K	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0808%	1h	0.02534	+0.376%	$107K	$55K	50x	as long as short