Funding you earn now, next payment 08:00 UTC−0.0057%/8h= −6.2% APRnext payment −$0.57 per $10,000 · paid last 24h −0.013%
Price spread now: Bybit against Variational Omni+0.035%7-day average +0.016% · 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)−0.040%−$4 on $10k
+Price spread, last 3 days (all we have)+0.029%+$3 · spread now +0.035%, 7d avg +0.016%
=Together, before fees−0.011%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.016%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MON | 0.02548 | 0.0100 | pay 0.0100% / 8h | 6h 51m | $766K | $411K | — |
| Short | Bybit MONUSDT | 0.02549 | 0.0043 | get 0.0043% / 8h | 6h 51m | $21.1M | $12.4M | 50x |
Variational Omni MON
Bybit MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Variational Omni. 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
- −$11.98
- Price spread: +0.035% → +0.016%
- $1.89
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$21.09
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 18 min ago; Bybit: live order book, 3 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 Variational Omni RFQ quote, 18 min ago | 7.70 bp | doesn't fit | 119.4 bp −$1,194 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.96 bp | 20.3 bp −$20 | 67.8 bp −$678 | doesn't fit | doesn't fit |
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 | −0.0388% | 1h | 0.02541 | −0.279% | $6K | $106 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0032% | 1h | 0.02552 | +0.153% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02538 | −0.397% | $13K | $349K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02550 | +0.059% | $69K | $119K | 25x | as long as short |
| Bybit MONUSDTshort | +0.0043% | 8h | 0.02549 | +0.035% | $21.1M | $12.4M | 50x | |
| ApeX Omni MONUSDT | +0.0050% | 1h | 0.02554 | +0.231% | $69K | $489K | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0060% | 4h | 0.02550 | +0.074% | $16K | $60K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0095% | 8h | 0.02547 | −0.025% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02553 | +0.192% | $851K | $740K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02555 | +0.267% | $406K | $538K | 10x | as long as short |
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Deribit MON_USDC-PERPETUAL
ApeX Omni MONUSDT
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Lighter MON
Nado MON-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02551 | +0.114% | $104K | $229K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02552 | +0.143% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02552 | +0.153% | $141K | $103K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02551 | +0.124% | $24.4M | $25.8M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02552 | +0.153% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02545 | −0.105% | $106K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02551 | +0.114% | $958K | $885K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02554 | +0.231% | $2.9M | $741K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02552 | +0.153% | $2.7M | $2.0M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02553 | +0.204% | $119K | $158K | 10x | as long as short |
| Variational Omni MONlong | +0.0100% | 8h | 0.02548 | long leg | $766K | $411K | — | |
| edgeX MONUSDC | +0.0100% | 4h | 0.02549 | +0.054% | $44K | $248K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02553 | +0.177% | $573K | $1.5M | 10x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02549 | +0.035% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02552 | +0.168% | $49K | $520K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02550 | +0.074% | $39K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02552 | +0.149% | $9K | — | 50x | as long as short |
| Hyperliquid MON | +0.0321% | 1h | 0.02555 | +0.286% | $34.8M | $7.5M | 5x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02549 | +0.035% | $1.4M | $310K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0346% | 1h | 0.02555 | +0.253% | $4K | $74K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02553 | +0.192% | $115K | $2.1M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02557 | +0.353% | $112K | $52K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0838% | 1h | 0.02553 | +0.188% | $278K | $88K | 10x | as long as short |
Aster MONUSDT
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
edgeX MONUSDC
GRVT MON_USDT_Perp
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Hyperliquid MON
BloFin MON-USDT
Aftermath Perps MONUSD
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD