MON

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0158%/8h= +17.3% APRnext payment +$1.58 per $10,000 · paid last 24h 0.000%

Price spread now: Paradex against Bybit−0.024%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. Paradex is 0.024% cheaper against Bybit than usual: you would sell low and buy high (spread −0.024% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 12 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit MONUSDT	0.02560	−0.0069	get 0.0069% / 8h	1h 04m	$21.2M	$11.9M	50x
Short	Paradex MON-USD-PERP	0.02559	0.0088	get 0.0088% / 8h	1h 04m	$8K	$42	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against Bybit. 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 BybitbpFee ParadexbpOrdersPrice spread, now −0.024%Rate

Funding earned: $33.14
Price spread: −0.024% → 0.000%: −$2.44
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Paradex: 2 bp × 2 orders: −$4
Net: $15.69
Costs to cover: 0.150%
Break-even: 3.7 days

Slippage unknown: Bybit: live order book, 9 min ago; Paradex: 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 Bybit live order book, 9 min ago	1.95 bp	19.3 bp −$19	70.6 bp −$706	doesn't fit	doesn't fit
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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
Bybit MONUSDTlong	−0.0069%	8h	0.02560	long leg	$21.2M	$11.9M	50x
Injective MON/USDC PERP	−0.0053%	1h	0.02575	+0.586%	$6K	$109	5.5x	as long as short
Phoenix MON	0.0000%	1h	0.02565	+0.184%	$13K	$362K	5x	as long as short
Perpl MON	0.0000%	43m	0.02561	+0.055%	$128K	$1.8M	10x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02562	+0.094%	$69K	$119K	25x	as long as short
Aftermath Perps MONUSD	+0.0034%	1h	0.02563	+0.135%	$2K	$74K	10x	as long as short
01 Exchange MONUSD	+0.0040%	1h	0.02561	+0.047%	$6K	$1K	5x	as long as short
Orderly PERP_MON_USDC	+0.0066%	4h	0.02560	0.000%	$17K	$64K	10x	as long as short
Paradex MON-USD-PERPshort	+0.0088%	8h	0.02559	−0.024%	$8K	$42	5x
Lighter MON	+0.0096%	1h	0.02562	+0.078%	$855K	$784K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Nado MON-PERP	+0.0100%	1h	0.02562	+0.088%	$389K	$543K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02563	+0.105%	$34.6M	$7.5M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02560	+0.013%	$108K	$231K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02560	−0.013%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02561	+0.039%	$141K	$104K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02561	+0.022%	$24.4M	$24.9M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02560	0.000%	$4.3M	$5.9M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02569	+0.335%	$108K	$3K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02560	0.000%	$991K	$879K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02562	+0.078%	$2.7M	$1.8M	25x	as long as short
Backpack MON_USDC_PERP	+0.0100%	1h	0.02561	+0.047%	$127K	$142K	10x	as long as short
Variational Omni MON	+0.0100%	8h	0.02553	−0.267%	$770K	$408K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02550	−0.379%	$47K	$243K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02570	+0.379%	$576K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02553	−0.273%	$68K	$482K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02562	+0.078%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02563	+0.123%	$51K	$407K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02561	+0.059%	$39K	—	3x	as long as short
Kraken Futures PF_MONUSD	+0.0175%	1h	0.02566	+0.230%	$269K	$78K	10x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0260% / S −0.0598%	1h	0.02562	+0.066%	$8K	—	50x	as long as short
KuCoin MONUSDTM	+0.0272%	4h	0.02563	+0.117%	$3.0M	$707K	75x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02555	−0.195%	$1.4M	$305K	75x	as long as short
Coinbase International MON-PERP-INTX	+0.0536%	1h	0.02565	+0.188%	$113K	$50K	50x	as long as short