Funding you earn now, next payment 00:00 UTC+0.0130%/8h= +14.3% APRpaid last 24h 0.000%
Price spread now: Pacifica against Bybit+0.129%7-day average +0.116% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$760.759% of the position
Funding, last 7 days+0.129%+$13 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.129%, 7d avg +0.116%
=Together, before fees+0.113%+ Points / potential airdropPacifica: Active · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.116%, so right now this pair is about funding alone: +$4 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 | 0.02553 | −0.0030 | get 0.0030% / 8h | 11m 37s | $21.1M | $12.1M | 50x |
| Short | Pacifica MON | 0.02556 | 0.0100 | get 0.0013% / 1h | 11m 37s | $141K | $105K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $27.39
- Price spread: +0.129% → +0.116%
- $1.34
- Slippage, 4 orders
- −$56.88
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$47.15
- Costs to cover
- 0.759%
- Break-even
- 19.0 days
Slippage from Bybit: live order book, 2 min ago; Pacifica: 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 | 1.96 bp | 15.9 bp −$16 | 59.8 bp −$598 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 1 min ago | 3.91 bp | 19.3 bp −$19 | doesn't fit | 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 | −0.0121% | 1h | 0.02559 | +0.235% | $6K | $109 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0096% | 1h | 0.02555 | +0.063% | $6K | $1K | 5x | as long as short |
| Bybit MONUSDTlong | −0.0030% | 8h | 0.02553 | long leg | $21.1M | $12.1M | 50x | |
| Phoenix MON | 0.0000% | 1h | 0.02557 | +0.141% | $13K | $360K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02555 | +0.094% | $69K | $119K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0070% | 4h | 0.02555 | +0.078% | $17K | $64K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02556 | +0.118% | $849K | $794K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0096% | 8h | 0.02554 | +0.050% | $8K | $42 | 5x | as long as short |
| Aftermath Perps MONUSD | +0.0098% | 1h | 0.02559 | +0.244% | $3K | $75K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02558 | +0.179% | $390K | $542K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02557 | +0.165% | $34.6M | $7.7M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02557 | +0.143% | $106K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02557 | +0.168% | $13K | — | 5x | as long as short |
| Pacifica MONshort | +0.0100% | 1h | 0.02556 | +0.129% | $141K | $105K | 3x | |
| Binance MONUSDT | +0.0100% | 4h | 0.02556 | +0.103% | $24.4M | $25.5M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02552 | −0.039% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02555 | +0.078% | $107K | $390 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02556 | +0.118% | $975K | $912K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02557 | +0.157% | $2.7M | $1.9M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02556 | +0.106% | $127K | $141K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02557 | +0.162% | $772K | $408K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02555 | +0.086% | $47K | $243K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02558 | +0.201% | $579K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02558 | +0.196% | $68K | $481K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02554 | +0.039% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02558 | +0.203% | $51K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02553 | 0.000% | $39K | — | 3x | as long as short |
| KuCoin MONUSDTM | +0.0254% | 4h | 0.02562 | +0.353% | $3.0M | $719K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02557 | +0.161% | $8K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02557 | +0.157% | $1.3M | $306K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0423% | 1h | 0.02557 | +0.172% | $269K | $78K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02559 | +0.231% | $125K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0480% | 1h | 0.02609 | +2.190% | $115K | $50K | 50x | as long as short |
Bybit MONUSDT
Pacifica MON
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Deribit MON_USDC-PERPETUAL
Lighter MON
Paradex MON-USD-PERP
Aftermath Perps MONUSD
Hyperliquid MON
Aster MONUSDT
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
Extended MON-USD
KuCoin MONUSDTM
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX