Funding you earn now, next payment 00:00 UTC−0.0126%/8h= −13.8% APRnext payment −$1.26 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Paradex−0.013%7-day average — · you buy dearer than you sell
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
=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 | Paradex MON-USD-PERP | 0.02569 | 0.0094 | pay 0.0094% / 8h | 31m 15s | $8K | $42 | 5x |
| Short | Bybit MONUSDT | 0.02569 | −0.0032 | pay 0.0032% / 8h | 31m 15s | $21.3M | $12.0M | 50x |
Paradex MON-USD-PERP
Bybit MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Paradex. 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
- −$26.41
- Price spread: −0.013% → 0.000%
- −$1.29
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$42.7
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Bybit: live order book, 2 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 2 min ago | 1.94 bp | 19.2 bp −$19 | 65.1 bp −$651 | doesn't fit | doesn't fit |
Paradex: 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 | +0.260% | $6K | $107 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0064% | 1h | 0.02570 | +0.022% | $6K | $1K | 5x | as long as short |
| Bybit MONUSDTshort | −0.0032% | 8h | 0.02569 | −0.013% | $21.3M | $12.0M | 50x | |
| Phoenix MON | 0.0000% | 1h | 0.02576 | +0.267% | $13K | $360K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02571 | +0.084% | $126K | $1.8M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02571 | +0.049% | $69K | $119K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0069% | 4h | 0.02569 | −0.013% | $17K | $64K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0085% | 1h | 0.02578 | +0.334% | $2K | $75K | 10x | as long as short |
| Paradex MON-USD-PERPlong | +0.0094% | 8h | 0.02569 | long leg | $8K | $42 | 5x | |
| Lighter MON | +0.0096% | 1h | 0.02572 | +0.104% | $854K | $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
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 | 0.02574 | +0.190% | $392K | $544K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02574 | +0.178% | $34.8M | $7.6M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02571 | +0.083% | $108K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02575 | +0.217% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02571 | +0.065% | $142K | $105K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02570 | +0.026% | $24.5M | $25.4M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02567 | −0.091% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02585 | +0.604% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02571 | +0.065% | $979K | $909K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02571 | +0.065% | $2.7M | $1.8M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02574 | +0.166% | $128K | $141K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02568 | −0.044% | $778K | $408K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02574 | +0.180% | $47K | $244K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02577 | +0.298% | $584K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02575 | +0.221% | $69K | $481K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02571 | +0.065% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02574 | +0.176% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02571 | +0.049% | $39K | — | 3x | as long as short |
| KuCoin MONUSDTM | +0.0258% | 4h | 0.02572 | +0.104% | $3.0M | $716K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02571 | +0.053% | $8K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02570 | +0.026% | $1.4M | $308K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0420% | 1h | 0.02573 | +0.161% | $270K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0480% | 1h | 0.02609 | +1.540% | $115K | $50K | 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
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
KuCoin MONUSDTM
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX