MON

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.005%

Price spread now: dYdX against Phoenix−0.093%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 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

Funding pays, the price is against you. dYdX is 0.093% cheaper against Phoenix than usual: you would sell low and buy high (spread −0.093% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 3.1 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix MON	0.02576	0	get 0.0000% / 1h	56m 55s	$13K	$360K	5x
Short	dYdX MON-USD	0.02573	0.0100	get 0.0013% / 1h	56m 55s	$13K	—	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Phoenix. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhoenixbpFee dYdXbpOrdersPrice spread, now −0.093%Rate

Funding earned: $21
Price spread: −0.093% → 0.000%: −$9.26
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$5.26
Costs to cover: 0.170%
Break-even: 8.8 days

Slippage unknown: Phoenix: live order book, 19 min ago; 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 Phoenix live order book, 19 min ago	1.16 bp	12.9 bp −$13	52.4 bp −$524	doesn't fit	doesn't fit
Sell dYdX no order-book sample	—	—	—	—	—

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
Injective MON/USDC PERP	−0.0121%	1h	0.02575	−0.019%	$6K	$103	5.5x	as long as short
Backpack MON_USDC_PERP	−0.0099%	1h	0.02578	+0.097%	$128K	$141K	10x	as long as short
Bybit MONUSDT	−0.0073%	8h	0.02575	−0.019%	$21.3M	$11.9M	50x	as long as short
01 Exchange MONUSD	−0.0072%	1h	0.02571	−0.175%	$6K	$1K	5x	as long as short
Phoenix MONlong	0.0000%	1h	0.02576	long leg	$13K	$360K	5x
Perpl MON	0.0000%	43m	0.02573	−0.082%	$128K	$1.8M	10x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02575	−0.012%	$70K	$119K	25x	as long as short
Aftermath Perps MONUSD	+0.0020%	1h	0.02566	−0.364%	$2K	$74K	10x	as long as short
Orderly PERP_MON_USDC	+0.0066%	4h	0.02573	−0.097%	$17K	$64K	10x	as long as short
Paradex MON-USD-PERP	+0.0090%	8h	0.02570	−0.206%	$8K	$42	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter MON	+0.0096%	1h	0.02579	+0.136%	$861K	$772K	10x	as long as short
Variational Omni MON	+0.0099%	8h	0.02554	−0.829%	$772K	$408K	—	as long as short
Nado MON-PERP	+0.0100%	1h	0.02576	+0.003%	$391K	$545K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02579	+0.151%	$34.9M	$7.5M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02579	+0.126%	$108K	$231K	10x	as long as short
dYdX MON-USDshort	+0.0100%	1h	0.02573	−0.093%	$13K	—	5x
Pacifica MON	+0.0100%	1h	0.02571	−0.159%	$142K	$105K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02577	+0.058%	$24.6M	$25.0M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02576	+0.019%	$4.4M	$5.9M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02555	−0.796%	$107K	$3K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02578	+0.097%	$995K	$867K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02578	+0.097%	$2.7M	$1.8M	25x	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02567	−0.334%	$47K	$242K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02558	−0.666%	$574K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02568	−0.291%	$68K	$482K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02574	−0.058%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02579	+0.143%	$51K	$407K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02575	−0.016%	$39K	—	3x	as long as short
KuCoin MONUSDTM	+0.0240%	4h	0.02582	+0.252%	$3.0M	$711K	75x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0260% / S −0.0598%	1h	0.02575	−0.008%	$9K	—	50x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02577	+0.058%	$1.3M	$308K	75x	as long as short
Kraken Futures PF_MONUSD	+0.0419%	1h	0.02577	+0.072%	$271K	$78K	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0480%	1h	0.02579	+0.144%	$114K	$50K	50x	as long as short