Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.013%
Price spread now: OKX against Bybit+0.040%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$790.792% of the position
Funding, last 7 days+0.114%+$11 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now +0.040%, 7d avg +0.041%
=The price spread sits at its 7-day average of +0.041%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MONUSDT | 0.02478 | 0 | get 0.0000% / 8h | 2h 39m | $20.4M | $13.6M | 50x |
| Short | OKX MON-USDT-SWAP | 0.02479 | 0.0100 | get 0.0050% / 4h | 2h 39m | $4.1M | $6.0M | 50x |
Bybit MONUSDT
OKX MON-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $21
- Price spread: +0.040% → +0.041%
- −$0.1
- Slippage, 4 orders
- −$58.19
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$58.28
- Costs to cover
- 0.792%
- Break-even
- 26.4 days
Slippage from Bybit: live order book, 5 min ago; OKX: 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 Bybit live order book, 5 min ago | 6.03 bp | 20.3 bp −$20 | 66.6 bp −$666 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.01 bp | 20.5 bp −$21 | 85.2 bp −$852 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0164% | 1h | 0.02482 | +0.145% | $115K | $156K | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0032% | 1h | 0.02482 | +0.165% | $73K | $136K | 25x | as long as short |
| Bybit MONUSDTlong | 0.0000% | 8h | 0.02478 | long leg | $20.4M | $13.6M | 50x | |
| Phoenix MON | 0.0000% | 1h | 0.02492 | +0.557% | $12K | $355K | 5x | as long as short |
| 01 Exchange MONUSD | +0.0016% | 1h | 0.02478 | −0.008% | $6K | $1K | 5x | as long as short |
| Injective MON/USDC PERP | +0.0039% | 1h | 0.02496 | +0.726% | $5K | $111 | 5.5x | as long as short |
| Orderly PERP_MON_USDC | +0.0083% | 4h | 0.02480 | +0.081% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02479 | +0.040% | $829K | $743K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02476 | −0.072% | $7K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02480 | +0.071% | $403K | $585K | 10x | as long as short |
Backpack MON_USDC_PERP
Deribit MON_USDC-PERPETUAL
Phoenix MON
01 Exchange MONUSD
Injective MON/USDC PERP
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02481 | +0.105% | $33.3M | $7.6M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02480 | +0.095% | $99K | $219K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02479 | +0.024% | $12K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02478 | 0.000% | $137K | $92K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02479 | +0.049% | $23.6M | $27.3M | 75x | as long as short |
| OKX MON-USDT-SWAPshort | +0.0100% | 4h | 0.02479 | +0.040% | $4.1M | $6.0M | 50x | |
| Bulk MON-USD | +0.0100% | 1h | 0.02490 | +0.484% | $102K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02480 | +0.081% | $926K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02483 | +0.202% | $2.8M | $764K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02482 | +0.161% | $2.7M | $2.2M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02485 | +0.266% | $739K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02490 | +0.465% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02491 | +0.521% | $561K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02486 | +0.323% | $67K | $528K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02480 | +0.081% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02481 | +0.102% | $47K | $288K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02482 | +0.145% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0230% / S −0.0246% | 1h | 0.02480 | +0.085% | $6K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0251% | 1h | 0.02489 | +0.450% | $5K | $81K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02475 | −0.121% | $1.3M | $342K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02480 | +0.061% | $113K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0456% | 1h | 0.02530 | +2.098% | $110K | $55K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.1025% | 1h | 0.02483 | +0.200% | $267K | $113K | 10x | as long as short |
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
BloFin MON-USDT
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD