Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.013%
Price spread now: Bybit against Binance−0.062%7-day average −0.076% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$640.642% of the position
Funding, last 7 days−0.113%−$11 on $10k
+Price spread, last 7 days+0.077%+$8 · spread now −0.062%, 7d avg −0.076%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MONUSDT | 0.02573 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $24.6M | $25.6M | 75x |
| Short | Bybit MONUSDT | 0.02571 | 0.0100 | get 0.0100% / 8h | 7h 44m | $21.2M | $12.2M | 50x |
Binance MONUSDT
Bybit MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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: −0.062% → −0.076%
- $1.38
- Slippage, 4 orders
- −$43.24
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$62.85
- Costs to cover
- 0.642%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Bybit: live order book, 4 min ago.
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 Binance live order book, 12 min ago | 1.95 bp | 14.1 bp −$14 | 49.1 bp −$491 | 540.0 bp −$54.0K | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.96 bp | 19.5 bp −$19 | 60.0 bp −$600 | 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 | −0.0444% | 1h | 0.02556 | −0.645% | $6K | $105 | 5.5x | as long as short |
| Backpack MON_USDC_PERP | −0.0038% | 1h | 0.02568 | −0.179% | $127K | $141K | 10x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02555 | −0.703% | $13K | $351K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02566 | −0.253% | $69K | $119K | 25x | as long as short |
| 01 Exchange MONUSD | +0.0048% | 1h | 0.02573 | +0.012% | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0070% | 4h | 0.02565 | −0.295% | $17K | $64K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02570 | −0.101% | $854K | $751K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0098% | 8h | 0.02570 | −0.101% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02576 | +0.144% | $393K | $540K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02575 | +0.086% | $34.9M | $7.7M | 5x | as long as short |
Injective MON/USDC PERP
Backpack MON_USDC_PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02570 | −0.102% | $107K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02567 | −0.225% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02570 | −0.105% | $142K | $104K | 3x | as long as short |
| Binance MONUSDTlong | +0.0100% | 4h | 0.02573 | long leg | $24.6M | $25.6M | 75x | |
| Bybit MONUSDTshort | +0.0100% | 8h | 0.02571 | −0.062% | $21.2M | $12.2M | 50x | |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02570 | −0.101% | $4.3M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02550 | −0.878% | $105K | $2K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02569 | −0.140% | $981K | $894K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02572 | −0.023% | $2.7M | $1.9M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02558 | −0.583% | $771K | $407K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02552 | −0.782% | $47K | $244K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02556 | −0.632% | $579K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02559 | −0.528% | $68K | $484K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02566 | −0.256% | $5K | $6K | 5x | as long as short |
| Aftermath Perps MONUSD | +0.0100% | 1h | 0.02560 | −0.489% | $3K | $75K | 10x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02574 | +0.057% | $49K | $455K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02566 | −0.276% | $39K | — | 3x | as long as short |
| KuCoin MONUSDTM | +0.0200% | 4h | 0.02575 | +0.093% | $3.0M | $721K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02573 | −0.004% | $8K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02553 | −0.762% | $1.3M | $306K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02572 | −0.031% | $123K | $1.8M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0465% | 1h | 0.02569 | −0.121% | $270K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02568 | −0.186% | $113K | $49K | 50x | as long as short |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Variational Omni MON
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
Perpl MON
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX