Funding you earn now, next payment 00:00 UTC+0.0196%/8h= +21.5% APRnext payment +$0.24 per $10,000 · paid last 24h +0.056%
Price spread now: Hyperliquid against 01 Exchange+0.202%49s7-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
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Hyperliquid is 0.202% dearer against 01 Exchange than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 49 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 | 01 Exchange MONUSD | 0.02581 | −0.0096 | get 0.0012% / 1h | 55m 47s | $6K | $1K | 5x |
| Short | Hyperliquid MON | 0.02586 | 0.0100 | get 0.0013% / 1h | 55m 47s | $34.9M | $7.5M | 5x |
01 Exchange MONUSD
Hyperliquid MONFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against 01 Exchange. 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
- $41.16
- Price spread: +0.202% → 0.000%
- $20.15
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $45.31
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: 01 Exchange: no order-book sample; Hyperliquid: live order book, 7 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 7 min ago | 0.19 bp | 11.6 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
01 Exchange: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0121% | 1h | 0.02575 | −0.213% | $6K | $103 | 5.5x | as long as short |
| 01 Exchange MONUSDlong | −0.0096% | 1h | 0.02581 | long leg | $6K | $1K | 5x | |
| Bybit MONUSDT | −0.0074% | 8h | 0.02580 | −0.035% | $21.4M | $12.0M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02576 | −0.194% | $13K | $360K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02580 | −0.008% | $128K | $1.8M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02585 | +0.163% | $70K | $119K | 25x | as long as short |
| Aftermath Perps MONUSD | +0.0013% | 1h | 0.02568 | −0.471% | $2K | $74K | 10x | as long as short |
| Backpack MON_USDC_PERP | +0.0061% | 1h | 0.02582 | +0.062% | $128K | $141K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0066% | 4h | 0.02583 | +0.097% | $17K | $64K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0090% | 8h | 0.02578 | −0.093% | $8K | $42 | 5x | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
Aftermath Perps MONUSD
Backpack MON_USDC_PERP
Orderly PERP_MON_USDC
Paradex MON-USD-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MON | +0.0096% | 1h | 0.02585 | +0.174% | $862K | $773K | 10x | as long as short |
| Variational Omni MON | +0.0099% | 8h | 0.02554 | −1.021% | $772K | $408K | — | as long as short |
| Hyperliquid MONshort | +0.0100% | 1h | 0.02586 | +0.202% | $34.9M | $7.5M | 5x | |
| Aster MONUSDT | +0.0100% | 4h | 0.02583 | +0.115% | $109K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02580 | −0.025% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02579 | −0.047% | $142K | $105K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02583 | +0.109% | $24.6M | $25.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02578 | −0.097% | $4.4M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02555 | −0.988% | $107K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02583 | +0.097% | $997K | $867K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02585 | +0.174% | $2.7M | $1.8M | 25x | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02567 | −0.527% | $47K | $242K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02558 | −0.858% | $574K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02568 | −0.484% | $68K | $482K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02581 | +0.006% | $392K | $545K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02583 | +0.097% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02582 | +0.066% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02584 | +0.140% | $39K | — | 3x | as long as short |
| KuCoin MONUSDTM | +0.0240% | 4h | 0.02587 | +0.252% | $3.0M | $711K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02584 | +0.120% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02577 | −0.136% | $1.3M | $308K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0418% | 1h | 0.02586 | +0.216% | $272K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0480% | 1h | 0.02583 | +0.078% | $114K | $50K | 50x | as long as short |
Lighter MON
Variational Omni MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
Nado MON-PERP
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
KuCoin MONUSDTM
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX