Funding you earn now, next payment 00:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h 0.000%
Price spread now: Paradex against Binance−0.059%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Paradex is 0.059% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance MONUSDT | 0.02585 | 0.0100 | pay 0.0050% / 4h | 55m 05s | $24.6M | $25.0M | 75x |
| Short | Paradex MON-USD-PERP | 0.02584 | 0.0090 | get 0.0090% / 8h | 55m 05s | $8K | $42 | 5x |
Binance MONUSDT
Paradex MON-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$2.05
- Price spread: −0.059% → 0.000%
- −$5.94
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$22
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 1 min ago; Paradex: no order-book sample. 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 Binance live order book, 1 min ago | 3.87 bp | 19.4 bp −$19 | 54.9 bp −$549 | 450.9 bp −$45.1K | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 | −0.403% | $6K | $106 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0088% | 1h | 0.02586 | +0.007% | $6K | $1K | 5x | as long as short |
| Bybit MONUSDT | −0.0071% | 8h | 0.02582 | −0.117% | $21.4M | $12.0M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02576 | −0.384% | $13K | $360K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02586 | +0.042% | $128K | $1.8M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02588 | +0.096% | $70K | $119K | 25x | as long as short |
| Aftermath Perps MONUSD | +0.0017% | 1h | 0.02571 | −0.539% | $2K | $74K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0066% | 4h | 0.02587 | +0.061% | $17K | $64K | 10x | as long as short |
| Paradex MON-USD-PERPshort | +0.0090% | 8h | 0.02584 | −0.059% | $8K | $42 | 5x | |
| Variational Omni MON | +0.0091% | 8h | 0.02575 | −0.397% | $777K | $408K | — | as long as short |
Injective MON/USDC PERP
01 Exchange MONUSD
Bybit MONUSDT
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
Aftermath Perps MONUSD
Orderly PERP_MON_USDC
Variational Omni MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MON | +0.0096% | 1h | 0.02588 | +0.100% | $862K | $774K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02587 | +0.057% | $35.0M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02587 | +0.075% | $109K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02585 | −0.023% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02585 | −0.016% | $143K | $105K | 3x | as long as short |
| Binance MONUSDTlong | +0.0100% | 4h | 0.02585 | long leg | $24.6M | $25.0M | 75x | |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02583 | −0.094% | $4.4M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02555 | −1.177% | $107K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02586 | +0.023% | $997K | $867K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02587 | +0.061% | $2.8M | $1.8M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02586 | +0.011% | $129K | $141K | 10x | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02571 | −0.541% | $47K | $243K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02575 | −0.401% | $578K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02578 | −0.287% | $69K | $482K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02587 | +0.062% | $395K | $546K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02586 | +0.023% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02588 | +0.106% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02587 | +0.065% | $39K | — | 3x | as long as short |
| KuCoin MONUSDTM | +0.0242% | 4h | 0.02589 | +0.139% | $3.0M | $712K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02588 | +0.088% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02586 | +0.023% | $1.3M | $309K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0417% | 1h | 0.02588 | +0.110% | $272K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0480% | 1h | 0.02594 | +0.332% | $114K | $50K | 50x | as long as short |
Lighter MON
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
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
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