Funding you earn now, next payment 23:00 UTC+0.0157%/8h= +17.2% APRpaid last 24h +0.001%
Price spread now: Extended against Bybit+0.270%7-day average +0.205% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$920.918% of the position
Funding, last 7 days+0.130%+$13 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.270%, 7d avg +0.205%
=Together, before fees+0.081%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Extended is 0.065% dearer against Bybit than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.205%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MONUSDT | 0.02572 | −0.0053 | get 0.0053% / 8h | 1h 17m | $21.3M | $11.7M | 50x |
| Short | Extended MON-USD | 0.02579 | 0.0104 | get 0.0013% / 1h | 17m 03s | $52K | $407K | 10x |
Bybit MONUSDT
Extended MON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Bybit. 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
- $32.98
- Price spread: +0.270% → +0.205%
- $6.5
- Slippage, 4 orders
- −$75.78
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$52.3
- Costs to cover
- 0.918%
- Break-even
- 18.1 days
Slippage from Bybit: live order book, 2 min ago; Extended: live order book, 1 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 Bybit live order book, 2 min ago | 3.89 bp | 11.5 bp −$12 | 64.4 bp −$644 | doesn't fit | doesn't fit |
| Sell Extended live order book, 1 min ago | 5.83 bp | 27.8 bp −$28 | 234.2 bp −$2,342 | 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 | −0.0053% | 1h | 0.02582 | +0.404% | $6K | $108 | 5.5x | as long as short |
| Bybit MONUSDTlong | −0.0053% | 8h | 0.02572 | long leg | $21.3M | $11.7M | 50x | |
| Phoenix MON | 0.0000% | 1h | 0.02577 | +0.194% | $13K | $362K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02576 | +0.179% | $143K | $1.8M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02576 | +0.175% | $70K | $119K | 25x | as long as short |
| 01 Exchange MONUSD | +0.0008% | 1h | 0.02577 | +0.206% | $6K | $1K | 5x | as long as short |
| Aftermath Perps MONUSD | +0.0021% | 1h | 0.02577 | +0.214% | $2K | $73K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0067% | 4h | 0.02573 | +0.054% | $17K | $64K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0085% | 8h | 0.02573 | +0.071% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02577 | +0.210% | $854K | $773K | 10x | as long as short |
Injective MON/USDC PERP
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Aftermath Perps MONUSD
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Lighter MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado MON-PERP | +0.0100% | 1h | 0.02580 | +0.332% | $388K | $539K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02579 | +0.276% | $34.9M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02577 | +0.206% | $108K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02577 | +0.203% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02576 | +0.183% | $142K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02575 | +0.125% | $24.5M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02572 | +0.016% | $4.4M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02578 | +0.232% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02575 | +0.132% | $999K | $872K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02577 | +0.210% | $2.7M | $1.8M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02575 | +0.117% | $128K | $143K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02575 | +0.120% | $780K | $407K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02577 | +0.228% | $47K | $243K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02578 | +0.248% | $578K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02578 | +0.249% | $69K | $480K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02575 | +0.132% | $5K | $6K | 5x | as long as short |
| Extended MON-USDshort | +0.0104% | 1h | 0.02579 | +0.270% | $52K | $407K | 10x | |
| Aevo MON-PERP | +0.0104% | 1h | 0.02575 | +0.132% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0174% | 1h | 0.02579 | +0.272% | $271K | $78K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02575 | +0.140% | $9K | — | 50x | as long as short |
| KuCoin MONUSDTM | +0.0298% | 4h | 0.02581 | +0.366% | $3.2M | $673K | 75x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02575 | +0.132% | $1.3M | $293K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02607 | +1.365% | $114K | $49K | 50x | as long as short |
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Aevo MON-PERP
Kraken Futures PF_MONUSD
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
BloFin MON-USDT
Coinbase International MON-PERP-INTX