Funding you earn now, next payment 08:00 UTC+0.0087%/8h= +9.5% APRpaid last 24h +0.013%
Price spread now: Gate against Bybit+0.080%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$810.810% of the position
Funding, last 7 days+0.112%+$11 on $10k
+Price spread, last 7 days+0.001%$0 · spread now +0.080%, 7d avg +0.100%
=The price spread sits at its 7-day average of +0.100%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MONUSDT | 0.02495 | 0.0013 | pay 0.0013% / 8h | 2h 55m | $20.5M | $13.5M | 50x |
| Short | Gate MON_USDT | 0.02497 | 0.0100 | get 0.0050% / 4h | 2h 55m | $933K | $985K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bybit. 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
- $18.18
- Price spread: +0.080% → +0.100%
- −$1.94
- Slippage, 4 orders
- −$54.99
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$64.74
- Costs to cover
- 0.810%
- Break-even
- 31.9 days
Slippage from Bybit: live order book, 4 min ago; Gate: live order book, 57 min ago.
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 Bybit live order book, 4 min ago | 4.02 bp | 16.7 bp −$17 | 61.8 bp −$618 | doesn't fit | doesn't fit |
| Sell Gate live order book, 57 min ago | 3.95 bp | 20.9 bp −$21 | 357.0 bp −$3,570 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0014% | 1h | 0.02499 | +0.140% | $110K | $153K | 10x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02497 | +0.076% | $12K | $355K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02497 | +0.084% | $73K | $136K | 25x | as long as short |
| Bybit MONUSDTlong | +0.0013% | 8h | 0.02495 | long leg | $20.5M | $13.5M | 50x | |
| Injective MON/USDC PERP | +0.0039% | 1h | 0.02515 | +0.802% | $5K | $110 | 5.5x | as long as short |
| Orderly PERP_MON_USDC | +0.0082% | 4h | 0.02497 | +0.080% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02498 | +0.120% | $838K | $732K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02495 | +0.003% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02498 | +0.112% | $404K | $587K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02499 | +0.156% | $33.6M | $7.5M | 5x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02498 | +0.108% | $100K | $218K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02497 | +0.097% | $12K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02498 | +0.132% | $138K | $92K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02496 | +0.043% | $23.7M | $27.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02497 | +0.080% | $4.2M | $6.1M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02500 | +0.200% | $103K | $1K | 10x | as long as short |
| Gate MON_USDTshort | +0.0100% | 4h | 0.02497 | +0.080% | $933K | $985K | 50x | |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02500 | +0.200% | $2.9M | $762K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02498 | +0.120% | $2.7M | $2.2M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02495 | +0.003% | $740K | $403K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02496 | +0.054% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02501 | +0.232% | $563K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02499 | +0.160% | $68K | $522K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02497 | +0.080% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02497 | +0.069% | $48K | $285K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02496 | +0.040% | $38K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0136% | 1h | 0.02497 | +0.068% | $6K | $1K | 5x | as long as short |
| Aftermath Perps MONUSD | +0.0256% | 1h | 0.02497 | +0.086% | $2K | $78K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0259% / S −0.0429% | 1h | 0.02496 | +0.020% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02492 | −0.120% | $1.3M | $337K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02498 | +0.116% | $114K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0456% | 1h | 0.02530 | +1.403% | $110K | $55K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.1018% | 1h | 0.02500 | +0.204% | $269K | $112K | 10x | as long as short |
Bybit MONUSDT
Gate MON_USDT
Backpack MON_USDC_PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
Injective MON/USDC PERP
Lighter MON
Paradex MON-USD-PERP
Hyperliquid MON
Aster MONUSDT
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
01 Exchange MONUSD
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD