Funding you earn now, next payment 04:00 UTC+0.0341%/8h= +37.4% APRpaid last 24h +0.084%
Price spread now: GMX against Paradex+0.023%7-day average — · you sell dearer than you buy
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
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and GMX is 0.023% dearer against Paradex than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex MON-USD-PERP | 0.02505 | 0.0088 | pay 0.0088% / 8h | 4h 48m | $8K | $42 | 5x |
| Short | GMX MON/USD [ETH-USDC] | 0.02505 | L +0.0260% / S −0.0429% | get 0.0054% / 1h | 48m 47s | $9K | — | 50x |
Paradex MON-USD-PERP
GMX MON/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX 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
- $71.67
- Price spread: +0.023% → 0.000%
- $2.27
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $57.94
- Costs to cover
- 0.160%
- Break-even
- 1.3 days
Slippage unknown: Paradex: no order-book sample; GMX: 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 Paradex no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Paradex and GMX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit MON_USDC-PERPETUAL | −0.0509% | 1h | 0.02501 | −0.125% | $74K | $134K | 25x | as long as short |
| 01 Exchange MONUSD | −0.0448% | 1h | 0.02497 | −0.289% | $6K | $1K | 5x | as long as short |
| Backpack MON_USDC_PERP | −0.0407% | 1h | 0.02503 | −0.069% | $112K | $151K | 10x | as long as short |
| Injective MON/USDC PERP | −0.0176% | 1h | 0.02517 | +0.494% | $5K | $109 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0149% | 8h | 0.02498 | −0.265% | $20.5M | $13.2M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02510 | +0.206% | $12K | $359K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02506 | +0.067% | $107K | $2.3M | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0075% | 4h | 0.02501 | −0.145% | $16K | $41K | 10x | as long as short |
| Paradex MON-USD-PERPlong | +0.0088% | 8h | 0.02505 | long leg | $8K | $42 | 5x | |
| Variational Omni MON | +0.0095% | 8h | 0.02507 | +0.077% | $743K | $407K | — | as long as short |
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Backpack MON_USDC_PERP
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Perpl MON
Orderly PERP_MON_USDC
Variational Omni MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter MON | +0.0096% | 1h | 0.02502 | −0.105% | $834K | $736K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02508 | +0.123% | $432K | $556K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02502 | −0.101% | $33.8M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02504 | −0.044% | $100K | $222K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02507 | +0.097% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02505 | +0.015% | $138K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02499 | −0.215% | $23.8M | $26.7M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02500 | −0.185% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02515 | +0.402% | $103K | $5K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02503 | −0.065% | $949K | $976K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02502 | −0.105% | $2.8M | $747K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02504 | −0.025% | $2.7M | $2.1M | 25x | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02514 | +0.384% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02516 | +0.454% | $563K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02511 | +0.254% | $68K | $505K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02499 | −0.225% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02502 | −0.096% | $52K | $517K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02501 | −0.157% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC]short | L +0.0260% / S −0.0429% | 1h | 0.02505 | +0.023% | $9K | — | 50x | |
| Aftermath Perps MONUSD | +0.0279% | 1h | 0.02515 | +0.399% | $2K | $74K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02492 | −0.504% | $1.3M | $336K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0408% | 1h | 0.02514 | +0.354% | $110K | $57K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0544% | 1h | 0.02504 | −0.031% | $268K | $116K | 10x | as long as short |
Lighter MON
Nado MON-PERP
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
BloFin MON-USDT
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD