Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.132%
Price spread now: dYdX against Backpack−0.091%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: dYdX is 0.091% cheaper against Backpack than usual: you would sell low and buy high, −$9 on $10k if it 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 | Backpack MON_USDC_PERP | 0.02593 | 0.0100 | pay 0.0013% / 1h | 6m 18s | $129K | $142K | 10x |
| Short | dYdX MON-USD | 0.02590 | 0.0100 | get 0.0013% / 1h | 6m 18s | $13K | — | 5x |
Backpack MON_USDC_PERP
dYdX MON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Backpack. 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
- $0
- Price spread: −0.091% → 0.000%
- −$9.06
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$29.06
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 2 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 Backpack live order book, 2 min ago | 1.35 bp | 11.1 bp −$11 | doesn't fit | 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 | −0.0444% | 1h | 0.02570 | −0.872% | $6K | $108 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02599 | +0.255% | $14K | $351K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02592 | −0.015% | $70K | $119K | 25x | as long as short |
| 01 Exchange MONUSD | +0.0016% | 1h | 0.02581 | −0.444% | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0063% | 4h | 0.02585 | −0.293% | $17K | $59K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0093% | 8h | 0.02584 | −0.337% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02591 | −0.062% | $863K | $755K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02590 | −0.086% | $399K | $523K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02590 | −0.120% | $35.3M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02589 | −0.129% | $108K | $231K | 10x | as long as short |
Injective MON/USDC PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Lighter MON
Nado MON-PERP
Hyperliquid MON
Aster MONUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USDshort | +0.0100% | 1h | 0.02590 | −0.091% | $13K | — | 5x | |
| Pacifica MON | +0.0100% | 1h | 0.02589 | −0.127% | $143K | $103K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02585 | −0.291% | $24.7M | $25.4M | 75x | as long as short |
| Bybit MONUSDT | +0.0100% | 8h | 0.02583 | −0.370% | $21.5M | $12.2M | 50x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02583 | −0.370% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02595 | +0.093% | $108K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02587 | −0.216% | $975K | $931K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02592 | −0.023% | $2.9M | $728K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02586 | −0.255% | $2.8M | $1.9M | 25x | as long as short |
| Backpack MON_USDC_PERPlong | +0.0100% | 1h | 0.02593 | long leg | $129K | $142K | 10x | |
| Variational Omni MON | +0.0100% | 8h | 0.02593 | −0.001% | $780K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02598 | +0.194% | $44K | $248K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02600 | +0.302% | $581K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02599 | +0.247% | $69K | $487K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02591 | −0.062% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02592 | −0.010% | $50K | $517K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02583 | −0.370% | $39K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0210% | 1h | 0.02591 | −0.065% | $4K | $74K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0261% / S −0.0598% | 1h | 0.02584 | −0.347% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02592 | −0.023% | $1.4M | $309K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02587 | −0.224% | $118K | $2.1M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0460% | 1h | 0.02596 | +0.116% | $273K | $78K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0808% | 1h | 0.02608 | +0.602% | $114K | $52K | 50x | as long as short |
Pacifica MON
Binance MONUSDT
Bybit MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Perpl MON
Kraken Futures PF_MONUSD
Coinbase International MON-PERP-INTX