Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.019%
Price spread now: Deribit against Variational Omni+0.013%7-day average +0.159% · 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)+0.074%+$7 on $10k
+Price spread, last 3 days (all we have)+0.353%+$35 · spread now +0.013%, 7d avg +0.159%
=Together, before fees+0.427%+ Points / potential airdropVariational Omni: Active · farm board+$43 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.146% cheaper against Variational Omni than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.159%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.074%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MON | 0.02552 | 0.0100 | pay 0.0100% / 8h | 6h 24m | $759K | $419K | — |
| Short | Deribit MON_USDC-PERPETUAL | 0.02552 | 0 | get 0.0000% / 1h | 24m 03s | $69K | $125K | 25x |
Variational Omni MON
Deribit MON_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$21
- Price spread: +0.013% → +0.159%
- −$14.65
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$42.65
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 45 min ago; Deribit: live order book, 20 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, 45 min ago | 7.70 bp | doesn't fit | 119.4 bp −$1,194 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 20 min ago | 12.62 bp | 16.1 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
MON on 32 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 | −0.0388% | 1h | 0.02522 | −1.159% | $5K | $108 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0086% | 8h | 0.02550 | −0.062% | $20.9M | $12.8M | 50x | as long as short |
| 01 Exchange MONUSD | 0.0000% | 1h | 0.02552 | +0.013% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02543 | −0.336% | $13K | $349K | 5x | as long as short |
| Deribit MON_USDC-PERPETUALshort | 0.0000% | 1h | 0.02552 | +0.013% | $69K | $125K | 25x | |
| Orderly PERP_MON_USDC | +0.0061% | 4h | 0.02553 | +0.056% | $16K | $51K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02554 | +0.095% | $851K | $742K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0097% | 8h | 0.02551 | −0.029% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02553 | +0.052% | $410K | $545K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02555 | +0.146% | $34.7M | $7.6M | 5x | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Phoenix MON
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MONShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02553 | +0.066% | $102K | $229K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02552 | +0.026% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02554 | +0.095% | $141K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02553 | +0.066% | $24.3M | $26.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02551 | −0.023% | $4.3M | $5.9M | 50x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02553 | +0.056% | $956K | $904K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02554 | +0.095% | $2.9M | $744K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02553 | +0.056% | $2.7M | $2.0M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02555 | +0.122% | $119K | $157K | 10x | as long as short |
| Variational Omni MONlong | +0.0100% | 8h | 0.02552 | long leg | $759K | $419K | — | |
| edgeX MONUSDC | +0.0100% | 4h | 0.02550 | −0.054% | $44K | $247K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02554 | +0.095% | $573K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02541 | −0.415% | $68K | $493K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02551 | −0.023% | $5K | $6K | 5x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02550 | −0.063% | $106K | $4K | 10x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02554 | +0.081% | $51K | $517K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02551 | −0.003% | $39K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02551 | −0.007% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0346% | 1h | 0.02546 | −0.235% | $3K | $77K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02553 | +0.052% | $156K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02553 | +0.071% | $112K | $52K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0837% | 1h | 0.02555 | +0.144% | $278K | $88K | 10x | as long as short |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Backpack MON_USDC_PERP
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Bulk MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD