Funding you earn now, next payment 23:00 UTC+0.0380%/8h= +41.6% APRpaid last 24h +0.220%
Price spread now: Coinbase International against Variational Omni+1.924%7-day average +0.610% · 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)+0.612%+$61 on $10k
+Price spread, last 3 days (all we have)−1.123%−$112 · spread now +1.924%, 7d avg +0.610%
=Together, before fees−0.510%+ Points / potential airdropVariational Omni: Active · farm board−$51 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Coinbase International is 1.314% dearer against Variational Omni than usual: you sell high and buy low: +$131 more if the spread goes back to its 7-day average of +0.610%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MON | 0.02560 | 0.0100 | pay 0.0100% / 8h | 7h 59m | $773K | $407K | — |
| Short | Coinbase International MON-PERP-INTX | 0.02609 | 0.0480 | get 0.0060% / 1h | 59m 41s | $115K | $50K | 50x |
Variational Omni MON
Coinbase International MON-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Variational Omni. 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
- $79.8
- Price spread: +1.924% → +0.610%
- $131.4
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $201.2
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 14 min ago; Coinbase International: live order book, 13 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 Variational Omni RFQ quote, 14 min ago | 13.71 bp | doesn't fit | 127.3 bp −$1,273 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 13 min ago | 36.15 bp | 123.4 bp −$123 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0121% | 1h | 0.02559 | −0.026% | $6K | $109 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0096% | 1h | 0.02565 | +0.213% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02565 | +0.197% | $13K | $360K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02564 | +0.162% | $69K | $119K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0070% | 4h | 0.02563 | +0.131% | $17K | $64K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02562 | +0.092% | $851K | $739K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0097% | 8h | 0.02561 | +0.050% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02566 | +0.246% | $391K | $541K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02564 | +0.170% | $34.7M | $7.6M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02564 | +0.168% | $107K | $231K | 10x | as long as short |
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MON
Aster MONUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02564 | +0.157% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02562 | +0.103% | $141K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02561 | +0.052% | $24.5M | $25.5M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02558 | −0.053% | $21.1M | $12.1M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02559 | −0.026% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02555 | −0.183% | $107K | −$0 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02564 | +0.170% | $979K | $914K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02563 | +0.131% | $2.7M | $1.9M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02564 | +0.178% | $127K | $141K | 10x | as long as short |
| Variational Omni MONlong | +0.0100% | 8h | 0.02560 | long leg | $773K | $407K | — | |
| edgeX MONUSDC | +0.0100% | 4h | 0.02563 | +0.117% | $47K | $244K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02558 | −0.065% | $579K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02563 | +0.131% | $68K | $482K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02564 | +0.170% | $5K | $6K | 5x | as long as short |
| Aftermath Perps MONUSD | +0.0100% | 1h | 0.02562 | +0.074% | $3K | $75K | 10x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02566 | +0.231% | $51K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02564 | +0.150% | $39K | — | 3x | as long as short |
| KuCoin MONUSDTM | +0.0250% | 4h | 0.02566 | +0.248% | $3.0M | $719K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02564 | +0.158% | $8K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02562 | +0.092% | $1.3M | $307K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0421% | 1h | 0.02567 | +0.268% | $270K | $78K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02565 | +0.189% | $125K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTXshort | +0.0480% | 1h | 0.02609 | +1.924% | $115K | $50K | 50x |
dYdX MON-USD
Pacifica MON
Binance MONUSDT
Bybit MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Backpack MON_USDC_PERP
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Aftermath Perps MONUSD
Extended MON-USD
Aevo MON-PERP
KuCoin MONUSDTM
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Kraken Futures PF_MONUSD
Perpl MON