Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.091%
Price spread now: Hyperliquid against SoDEX+0.144%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Hyperliquid is 0.144% dearer against SoDEX than usual: you sell high and buy low, +$14 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX MON-USD | 0.02497 | 0.0100 | pay 0.0013% / 1h | 42m 53s | $5K | $6K | 5x |
| Short | Hyperliquid MON | 0.02501 | 0.0100 | get 0.0013% / 1h | 42m 53s | $33.8M | $7.5M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against SoDEX. 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
- $0
- Price spread: +0.144% → 0.000%
- $14.42
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$2.58
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Hyperliquid: live order book, 10 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 Hyperliquid live order book, 10 min ago | 1.19 bp | 12.4 bp −$12 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange MONUSD | −0.0464% | 1h | 0.02503 | +0.236% | $6K | $1K | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.0284% | 1h | 0.02501 | +0.156% | $112K | $151K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0176% | 1h | 0.02517 | +0.801% | $5K | $109 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0163% | 8h | 0.02498 | +0.048% | $20.5M | $13.2M | 50x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0150% | 1h | 0.02499 | +0.072% | $74K | $134K | 25x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02505 | +0.312% | $12K | $359K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02502 | +0.188% | $107K | $2.3M | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0071% | 4h | 0.02500 | +0.120% | $16K | $41K | 10x | as long as short |
| Variational Omni MON | +0.0086% | 8h | 0.02500 | +0.122% | $740K | $407K | — | as long as short |
| Paradex MON-USD-PERP | +0.0088% | 8h | 0.02503 | +0.242% | $8K | $42 | 5x | 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 | 0.02500 | +0.120% | $842K | $747K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02507 | +0.406% | $430K | $559K | 10x | as long as short |
| Hyperliquid MONshort | +0.0100% | 1h | 0.02501 | +0.144% | $33.8M | $7.5M | 5x | |
| Aster MONUSDT | +0.0100% | 4h | 0.02501 | +0.173% | $100K | $222K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02506 | +0.362% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02506 | +0.360% | $138K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02498 | +0.041% | $23.7M | $26.7M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02496 | −0.040% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02495 | −0.069% | $102K | $5K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02500 | +0.120% | $947K | $982K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02503 | +0.240% | $2.8M | $752K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02502 | +0.200% | $2.7M | $2.1M | 25x | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02498 | +0.043% | $41K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02501 | +0.141% | $559K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02501 | +0.160% | $67K | $507K | 50x | as long as short |
| SoDEX MON-USDlong | +0.0100% | 1h | 0.02497 | long leg | $5K | $6K | 5x | |
| Extended MON-USD | +0.0104% | 1h | 0.02502 | +0.184% | $48K | $521K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02500 | +0.120% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02500 | +0.136% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0260% | 1h | 0.02506 | +0.376% | $2K | $74K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02502 | +0.200% | $1.3M | $337K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0408% | 1h | 0.02514 | +0.661% | $110K | $57K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0545% | 1h | 0.02502 | +0.194% | $268K | $116K | 10x | as long as short |
SoDEX MON-USD
Hyperliquid MON
01 Exchange MONUSD
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Bybit MONUSDT
Deribit MON_USDC-PERPETUAL
Phoenix MON
Variational Omni MON
Paradex MON-USD-PERP
Lighter MON
Aster MONUSDT
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Extended MON-USD
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
BloFin MON-USDT
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD