Funding you earn now, next payment 22:00 UTC−0.0839%/8h= −91.8% APRnext payment −$1.05 per $10,000 · paid last 24h +0.001%
Price spread now: Injective against dYdX+0.077%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
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 0.077% dearer against dYdX than usual: you sell high and buy low (spread +0.077% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 7 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX MON-USD | 0.02585 | 0.0100 | pay 0.0013% / 1h | 47m 17s | $13K | — | 5x |
| Short | Injective MON/USDC PERP | 0.02587 | −0.0739 | pay 0.0092% / 1h | 47m 17s | $6K | $107 | 5.5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$176.14
- Price spread: +0.077% → 0.000%
- $7.74
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$178.43
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Injective: 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
dYdX and Injective: 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 PERPshort | −0.0739% | 1h | 0.02587 | +0.077% | $6K | $107 | 5.5x | |
| 01 Exchange MONUSD | −0.0112% | 1h | 0.02587 | +0.074% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02579 | −0.213% | $13K | $384K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02587 | +0.097% | $63K | $110K | 25x | as long as short |
| Bybit MONUSDT | +0.0010% | 8h | 0.02585 | −0.015% | $21.6M | $11.8M | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0092% | 4h | 0.02585 | 0.000% | $17K | $64K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02586 | +0.039% | $847K | $753K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02585 | +0.003% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02589 | +0.148% | $349K | $534K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02589 | +0.143% | $34.9M | $7.5M | 5x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02584 | −0.025% | $108K | $233K | 10x | as long as short |
| dYdX MON-USDlong | +0.0100% | 1h | 0.02585 | long leg | $13K | — | 5x | |
| Pacifica MON | +0.0100% | 1h | 0.02584 | −0.027% | $143K | $107K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02586 | +0.039% | $24.6M | $24.5M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02583 | −0.077% | $4.4M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02575 | −0.387% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02585 | 0.000% | $1.0M | $927K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02588 | +0.116% | $2.8M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02573 | −0.483% | $773K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02578 | −0.274% | $47K | $243K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02581 | −0.154% | $580K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02578 | −0.271% | $69K | $482K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02585 | 0.000% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02589 | +0.140% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02585 | +0.019% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0132% | 1h | 0.02587 | +0.082% | $263K | $63K | 10x | as long as short |
| BloFin MON-USDT | +0.0155% | 4h | 0.02587 | +0.077% | $1.4M | $243K | 75x | as long as short |
| Backpack MON_USDC_PERP | +0.0243% | 1h | 0.02584 | −0.035% | $137K | $137K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02587 | +0.089% | $9K | — | 50x | as long as short |
| KuCoin MONUSDTM | +0.0354% | 4h | 0.02591 | +0.232% | $3.2M | $789K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0399% | 1h | 0.02584 | −0.055% | $2K | $73K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02586 | +0.054% | $145K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0648% | 1h | 0.02625 | +1.559% | $115K | $51K | 50x | as long as short |
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Deribit MON_USDC-PERPETUAL
Bybit MONUSDT
Lighter MON
Paradex MON-USD-PERP
Hyperliquid MON
Aster MONUSDT
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
Kraken Futures PF_MONUSD
BloFin MON-USDT
Backpack MON_USDC_PERP
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX