Funding you earn now, next payment 00:00 UTC−0.0132%/8h= −14.4% APRpaid last 24h 0.000%
Price spread now: Bybit against dYdX−0.074%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.074% cheaper against dYdX than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX MON-USD | 0.02575 | 0.0100 | pay 0.0013% / 1h | 32m 29s | $13K | — | 5x |
| Short | Bybit MONUSDT | 0.02573 | −0.0032 | pay 0.0032% / 8h | 32m 29s | $21.3M | $12.0M | 50x |
dYdX MON-USD
Bybit MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against dYdX. 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
- −$27.64
- Price spread: −0.074% → 0.000%
- −$7.36
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$56
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Bybit: live order book, 1 min ago. 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 1 min ago | 1.94 bp | 19.2 bp −$19 | 65.1 bp −$651 | doesn't fit | doesn't fit |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0121% | 1h | 0.02576 | +0.043% | $6K | $107 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0056% | 1h | 0.02575 | +0.016% | $6K | $1K | 5x | as long as short |
| Bybit MONUSDTshort | −0.0032% | 8h | 0.02573 | −0.074% | $21.3M | $12.0M | 50x | |
| Phoenix MON | 0.0000% | 1h | 0.02578 | +0.121% | $13K | $360K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02578 | +0.124% | $126K | $1.8M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02577 | +0.070% | $70K | $119K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0069% | 4h | 0.02574 | −0.035% | $17K | $64K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0088% | 1h | 0.02580 | +0.205% | $2K | $75K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0094% | 8h | 0.02573 | −0.058% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02576 | +0.043% | $855K | $793K | 10x | as long as short |
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Perpl MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Aftermath Perps MONUSD
Paradex MON-USD-PERP
Lighter MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02578 | +0.121% | $34.9M | $7.6M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02575 | +0.016% | $108K | $231K | 10x | as long as short |
| dYdX MON-USDlong | +0.0100% | 1h | 0.02575 | long leg | $13K | — | 5x | |
| Pacifica MON | +0.0100% | 1h | 0.02575 | +0.016% | $142K | $105K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02576 | +0.027% | $24.5M | $25.4M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02574 | −0.035% | $4.3M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02585 | +0.387% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02575 | +0.004% | $981K | $909K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02576 | +0.043% | $2.7M | $1.8M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02575 | −0.004% | $128K | $141K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02576 | +0.051% | $779K | $408K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02579 | +0.155% | $47K | $244K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02579 | +0.145% | $584K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02576 | +0.043% | $69K | $481K | 50x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02578 | +0.133% | $393K | $544K | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02574 | −0.035% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02578 | +0.115% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02576 | +0.047% | $39K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02576 | +0.035% | $9K | — | 50x | as long as short |
| KuCoin MONUSDTM | +0.0266% | 4h | 0.02579 | +0.159% | $3.0M | $716K | 75x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02572 | −0.112% | $1.4M | $308K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0419% | 1h | 0.02578 | +0.110% | $271K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0480% | 1h | 0.02609 | +1.321% | $115K | $50K | 50x | as long as short |
Hyperliquid MON
Aster MONUSDT
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
Nado MON-PERP
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
BloFin MON-USDT
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX