Funding you earn now, next payment 00:00 UTC+0.0115%/8h= +12.6% APRnext payment +$1.15 per $10,000 · paid last 24h 0.000%
Price spread now: Paradex against Bybit+0.183%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and Paradex is 0.183% dearer against Bybit than usual: you sell high and buy low: +$18 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MONUSDT | 0.02583 | −0.0039 | get 0.0039% / 8h | 1h 38m | $21.5M | $11.7M | 50x |
| Short | Paradex MON-USD-PERP | 0.02588 | 0.0077 | get 0.0077% / 8h | 1h 38m | $8K | $42 | 5x |
Bybit MONUSDT
Paradex MON-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $24.18
- Price spread: +0.183% → 0.000%
- $18.27
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $27.44
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, just now; 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 Bybit live order book, just now | 1.93 bp | 22.5 bp −$23 | 73.4 bp −$734 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit MON_USDC-PERPETUAL | −0.0175% | 1h | 0.02587 | +0.170% | $70K | $119K | 25x | as long as short |
| Injective MON/USDC PERP | −0.0053% | 1h | 0.02582 | −0.031% | $6K | $107 | 5.5x | as long as short |
| Bybit MONUSDTlong | −0.0039% | 8h | 0.02583 | long leg | $21.5M | $11.7M | 50x | |
| 01 Exchange MONUSD | −0.0008% | 1h | 0.02589 | +0.256% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02590 | +0.287% | $13K | $362K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02590 | +0.275% | $144K | $1.8M | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0029% | 1h | 0.02590 | +0.266% | $2K | $74K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0073% | 4h | 0.02587 | +0.163% | $17K | $64K | 10x | as long as short |
| Paradex MON-USD-PERPshort | +0.0077% | 8h | 0.02588 | +0.183% | $8K | $42 | 5x | |
| Lighter MON | +0.0096% | 1h | 0.02587 | +0.163% | $857K | $773K | 10x | as long as short |
Deribit MON_USDC-PERPETUAL
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Perpl MON
Aftermath Perps MONUSD
Orderly PERP_MON_USDC
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 | 0.02592 | +0.372% | $389K | $537K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02592 | +0.356% | $35.1M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02590 | +0.268% | $108K | $230K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02593 | +0.400% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02590 | +0.279% | $143K | $107K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02586 | +0.120% | $24.5M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02581 | −0.070% | $4.4M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02585 | +0.101% | $109K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02590 | +0.279% | $1.0M | $863K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02587 | +0.163% | $2.7M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02587 | +0.170% | $780K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02589 | +0.238% | $47K | $242K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02592 | +0.341% | $583K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02590 | +0.279% | $69K | $480K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02585 | +0.085% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02593 | +0.390% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02584 | +0.062% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0173% | 1h | 0.02587 | +0.172% | $267K | $70K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02590 | +0.287% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02588 | +0.201% | $1.4M | $294K | 75x | as long as short |
| KuCoin MONUSDTM | +0.0350% | 4h | 0.02593 | +0.395% | $3.2M | $727K | 75x | as long as short |
| Backpack MON_USDC_PERP | +0.0383% | 1h | 0.02586 | +0.136% | $138K | $136K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02607 | +0.925% | $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
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Kraken Futures PF_MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
KuCoin MONUSDTM
Backpack MON_USDC_PERP
Coinbase International MON-PERP-INTX