Funding you earn now, next payment 06:00 UTC−0.0130%/8h= −14.3% APRnext payment −$0.16 per $10,000 · paid last 24h −0.038%
Price spread now: dYdX against GMX−0.005%7-day average — · you buy dearer than you sell
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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX MON/USD [ETH-USDC] | 0.02495 | L +0.0230% / S −0.0246% | pay 0.0029% / 1h | 19m 48s | $6K | — | 50x |
| Short | dYdX MON-USD | 0.02495 | 0.0100 | get 0.0013% / 1h | 19m 48s | $12K | — | 5x |
GMX MON/USD [ETH-USDC]
dYdX MON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against GMX. 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
- −$27.39
- Price spread: −0.005% → 0.000%
- −$0.5
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$49.89
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; dYdX: 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 GMX no order-book sample | — | — | — | — | — |
| Sell dYdX no order-book sample | — | — | — | — | — |
GMX and 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0117% | 1h | 0.02501 | +0.228% | $116K | $154K | 10x | as long as short |
| Bybit MONUSDT | −0.0019% | 8h | 0.02498 | +0.104% | $20.5M | $13.7M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02477 | −0.733% | $12K | $355K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02496 | +0.012% | $73K | $135K | 25x | as long as short |
| 01 Exchange MONUSD | +0.0008% | 1h | 0.02496 | +0.024% | $6K | $1K | 5x | as long as short |
| Injective MON/USDC PERP | +0.0039% | 1h | 0.02489 | −0.256% | $5K | $113 | 5.5x | as long as short |
| Orderly PERP_MON_USDC | +0.0083% | 4h | 0.02493 | −0.096% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02495 | −0.016% | $815K | $765K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0099% | 8h | 0.02495 | −0.002% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02499 | +0.136% | $409K | $571K | 10x | as long as short |
Backpack MON_USDC_PERP
Bybit MONUSDT
Phoenix MON
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Injective MON/USDC PERP
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02500 | +0.188% | $33.5M | $7.6M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02500 | +0.175% | $99K | $221K | 10x | as long as short |
| dYdX MON-USDshort | +0.0100% | 1h | 0.02495 | −0.005% | $12K | — | 5x | |
| Pacifica MON | +0.0100% | 1h | 0.02494 | −0.040% | $138K | $92K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02500 | +0.175% | $23.7M | $27.4M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02499 | +0.144% | $4.2M | $6.1M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02479 | −0.637% | $102K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02499 | +0.144% | $935K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02501 | +0.224% | $2.9M | $764K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02500 | +0.184% | $2.7M | $2.2M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02488 | −0.314% | $733K | $408K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02475 | −0.824% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02477 | −0.738% | $550K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02476 | −0.777% | $67K | $529K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02495 | −0.016% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02502 | +0.248% | $47K | $283K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02496 | +0.028% | $38K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0152% | 1h | 0.02481 | −0.561% | $5K | $81K | 10x | as long as short |
| GMX MON/USD [ETH-USDC]long | L +0.0230% / S −0.0246% | 1h | 0.02495 | long leg | $6K | — | 50x | |
| BloFin MON-USDT | +0.0340% | 4h | 0.02487 | −0.337% | $1.3M | $348K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02496 | +0.016% | $114K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0456% | 1h | 0.02530 | +1.387% | $110K | $54K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.1019% | 1h | 0.02497 | +0.065% | $268K | $119K | 10x | as long as short |
Hyperliquid MON
Aster MONUSDT
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
BloFin MON-USDT
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD