Funding you earn now, next payment 01:00 UTC+0.0052%/8h= +5.7% APRpaid last 24h −0.067%
Price spread now: Bybit against 01 Exchange+0.120%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
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Bybit is 0.120% dearer against 01 Exchange than usual: you sell high and buy low: +$12 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 | 01 Exchange MONUSD | 0.02573 | 0.0048 | pay 0.0006% / 1h | 44m 01s | $6K | $1K | 5x |
| Short | Bybit MONUSDT | 0.02576 | 0.0100 | get 0.0100% / 8h | 7h 44m | $21.3M | $12.2M | 50x |
01 Exchange MONUSD
Bybit MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against 01 Exchange. 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
- $10.92
- Price spread: +0.120% → 0.000%
- $12.05
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $4.97
- Costs to cover
- 0.180%
- Break-even
- 3.8 days
Slippage unknown: 01 Exchange: no order-book sample; Bybit: live order book, 5 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 5 min ago | 1.96 bp | 19.5 bp −$19 | 60.0 bp −$600 | doesn't fit | doesn't fit |
01 Exchange: 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 | −0.0444% | 1h | 0.02556 | −0.657% | $6K | $105 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02555 | −0.715% | $13K | $351K | 5x | as long as short |
| Backpack MON_USDC_PERP | +0.0016% | 1h | 0.02576 | +0.101% | $128K | $141K | 10x | as long as short |
| 01 Exchange MONUSDlong | +0.0048% | 1h | 0.02573 | long leg | $6K | $1K | 5x | |
| Orderly PERP_MON_USDC | +0.0070% | 4h | 0.02571 | −0.074% | $17K | $64K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02575 | +0.082% | $855K | $751K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0098% | 8h | 0.02570 | −0.113% | $8K | $42 | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0100% | 1h | 0.02573 | +0.019% | $69K | $119K | 25x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02576 | +0.132% | $393K | $540K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02578 | +0.214% | $35.0M | $7.7M | 5x | as long as short |
Injective MON/USDC PERP
Phoenix MON
Backpack MON_USDC_PERP
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Deribit MON_USDC-PERPETUAL
Nado MON-PERP
Hyperliquid MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02572 | −0.029% | $107K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02567 | −0.237% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02570 | −0.117% | $142K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02576 | +0.102% | $24.6M | $25.6M | 75x | as long as short |
| Bybit MONUSDTshort | +0.0100% | 8h | 0.02576 | +0.120% | $21.3M | $12.2M | 50x | |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02578 | +0.198% | $4.3M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02550 | −0.890% | $105K | $2K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02574 | +0.043% | $983K | $894K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02578 | +0.198% | $2.7M | $1.9M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02558 | −0.595% | $771K | $407K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02552 | −0.793% | $47K | $244K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02556 | −0.643% | $579K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02559 | −0.540% | $68K | $484K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02573 | +0.004% | $5K | $6K | 5x | as long as short |
| Aftermath Perps MONUSD | +0.0100% | 1h | 0.02560 | −0.500% | $3K | $75K | 10x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02580 | +0.262% | $49K | $455K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02573 | −0.012% | $39K | — | 3x | as long as short |
| KuCoin MONUSDTM | +0.0200% | 4h | 0.02579 | +0.237% | $3.0M | $721K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02573 | −0.016% | $8K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02553 | −0.773% | $1.3M | $306K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02572 | −0.043% | $123K | $1.8M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0464% | 1h | 0.02577 | +0.161% | $271K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02568 | −0.198% | $113K | $49K | 50x | as long as short |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Aftermath Perps MONUSD
Extended MON-USD
Aevo MON-PERP
KuCoin MONUSDTM
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX