Funding you earn now, next payment 04:00 UTC−0.0179%/8h= −19.6% APRpaid last 24h −0.013%
Price spread now: Bybit against edgeX+0.089%51s7-day average −0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$740.743% of the position
Funding, last 7 days−0.113%−$11 on $10k
+Price spread, last 4 days (all we have)−1.030%−$103 · spread now +0.089%, 7d avg −0.065%
=Together, before fees−1.143%+ Points / potential airdropedgeX: Active · farm board−$114 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.154% dearer against edgeX than usual: you sell high and buy low (spread +0.089% now, against its 7-day average of −0.065%): +$15 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 7 days (−0.113% in total) that is about 9.6 days. The two prices were read 51 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 | edgeX MONUSDC | 0.02530 | 0.0100 | pay 0.0050% / 4h | 2h 32m | $43K | $248K | 10x |
| Short | Bybit MONUSDT | 0.02532 | −0.0079 | pay 0.0079% / 8h | 6h 32m | $20.8M | $12.8M | 50x |
edgeX MONUSDC
Bybit MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against edgeX. 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
- −$37.56
- Price spread: +0.089% → −0.065%
- $15.44
- Slippage, 4 orders
- −$54.29
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$96.41
- Costs to cover
- 0.743%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 35 min ago; Bybit: 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 edgeX live order book, 35 min ago | 7.72 bp | 17.7 bp −$18 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.98 bp | 21.7 bp −$22 | 56.1 bp −$561 | doesn't fit | doesn't fit |
MON on 32 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 | −0.0388% | 1h | 0.02522 | −0.306% | $5K | $108 | 5.5x | as long as short |
| Bybit MONUSDTshort | −0.0079% | 8h | 0.02532 | +0.089% | $20.8M | $12.8M | 50x | |
| 01 Exchange MONUSD | −0.0056% | 1h | 0.02528 | −0.061% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02535 | +0.192% | $13K | $349K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02529 | −0.041% | $68K | $125K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0059% | 4h | 0.02529 | −0.029% | $16K | $51K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02536 | +0.247% | $845K | $742K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0097% | 8h | 0.02534 | +0.186% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02530 | +0.029% | $407K | $545K | 10x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02531 | +0.062% | $101K | $229K | 10x | as long as short |
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Aster MONUSDTShow all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02529 | −0.037% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02533 | +0.109% | $140K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02531 | +0.041% | $24.1M | $26.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02533 | +0.129% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02521 | −0.360% | $105K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02530 | +0.010% | $949K | $902K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02533 | +0.129% | $2.9M | $745K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02534 | +0.168% | $2.7M | $2.0M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02531 | +0.034% | $120K | $160K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02527 | −0.104% | $751K | $419K | — | as long as short |
| edgeX MONUSDClong | +0.0100% | 4h | 0.02530 | long leg | $43K | $248K | 10x | |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02534 | +0.150% | $569K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02533 | +0.129% | $68K | $495K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02528 | −0.069% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02533 | +0.138% | $51K | $517K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02527 | −0.108% | $38K | — | 3x | as long as short |
| Hyperliquid MON | +0.0137% | 1h | 0.02535 | +0.224% | $34.4M | $7.7M | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02529 | −0.025% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0349% | 1h | 0.02529 | −0.010% | $3K | $78K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02531 | +0.034% | $155K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02537 | +0.287% | $111K | $52K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0845% | 1h | 0.02533 | +0.111% | $275K | $88K | 10x | as long as short |
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Hyperliquid MON
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD