Funding you earn now, next payment 23:00 UTC+0.0164%/8h= +18.0% APRpaid last 24h 0.000%
Price spread now: SoDEX against Bybit+0.297%56s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and SoDEX is 0.297% dearer against Bybit than usual: you sell high and buy low: +$30 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MONUSDT | 0.02560 | −0.0064 | get 0.0064% / 8h | 1h 10m | $21.2M | $11.8M | 50x |
| Short | SoDEX MON-USD | 0.02568 | 0.0100 | get 0.0013% / 1h | 10m 28s | $5K | $6K | 5x |
Bybit MONUSDT
SoDEX MON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $34.45
- Price spread: +0.297% → 0.000%
- $29.68
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $45.14
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 3 min ago; SoDEX: 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, 3 min ago | 1.95 bp | 19.3 bp −$19 | 70.6 bp −$706 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MONUSDTlong | −0.0064% | 8h | 0.02560 | long leg | $21.2M | $11.8M | 50x | |
| Injective MON/USDC PERP | −0.0053% | 1h | 0.02575 | +0.570% | $6K | $109 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02568 | +0.309% | $13K | $362K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02565 | +0.172% | $142K | $1.8M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02569 | +0.328% | $69K | $119K | 25x | as long as short |
| Aftermath Perps MONUSD | +0.0021% | 1h | 0.02572 | +0.463% | $2K | $73K | 10x | as long as short |
| 01 Exchange MONUSD | +0.0032% | 1h | 0.02571 | +0.422% | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0067% | 4h | 0.02566 | +0.219% | $17K | $64K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0087% | 8h | 0.02567 | +0.260% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02571 | +0.414% | $852K | $773K | 10x | as long as short |
Injective MON/USDC PERP
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
Aftermath Perps MONUSD
01 Exchange 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 | 0.02568 | +0.291% | $386K | $540K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02567 | +0.269% | $34.7M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02568 | +0.278% | $108K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02569 | +0.349% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02569 | +0.355% | $142K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02565 | +0.177% | $24.4M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02562 | +0.062% | $4.3M | $5.8M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02569 | +0.319% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02568 | +0.297% | $995K | $873K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02565 | +0.180% | $2.7M | $1.8M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02568 | +0.309% | $127K | $138K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02571 | +0.421% | $779K | $406K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02569 | +0.317% | $47K | $242K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02570 | +0.375% | $577K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02567 | +0.258% | $68K | $481K | 50x | as long as short |
| SoDEX MON-USDshort | +0.0100% | 1h | 0.02568 | +0.297% | $5K | $6K | 5x | |
| Extended MON-USD | +0.0104% | 1h | 0.02572 | +0.438% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02568 | +0.309% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0174% | 1h | 0.02571 | +0.410% | $270K | $78K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02565 | +0.187% | $8K | — | 50x | as long as short |
| KuCoin MONUSDTM | +0.0306% | 4h | 0.02566 | +0.219% | $3.2M | $667K | 75x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02570 | +0.375% | $1.3M | $292K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02607 | +1.808% | $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
Extended MON-USD
Aevo MON-PERP
Kraken Futures PF_MONUSD
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
BloFin MON-USDT
Coinbase International MON-PERP-INTX