Funding you earn now, next payment 05:14 UTC+0.0442%/8h= +48.4% APRpaid last 24h +0.001%
Price spread now: Perpl against Bybit+0.161%7-day average +0.171% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.323%+$32 on $10k
+Price spread, last 7 days+0.103%+$10 · spread now +0.161%, 7d avg +0.171%
=Together, before fees+0.426%+ Points / potential airdropPerpl: Active · farm board+$43 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.171%, so right now this pair is about funding alone: +$13 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 | 0.02488 | 0.0005 | pay 0.0005% / 8h | 2h 35m | $20.4M | $13.6M | 50x |
| Short | Perpl MON | 0.02492 | 0.0447 | get 0.0040% / 43m | 15m 29s | $114K | $2.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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
- $92.78
- Price spread: +0.161% → +0.171%
- −$1.02
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- $66.96
- Costs to cover
- 0.248%
- Break-even
- 1.9 days
Slippage unknown: Bybit: live order book, 8 min ago; Perpl: 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, 8 min ago | 6.03 bp | 20.3 bp −$20 | 66.6 bp −$666 | doesn't fit | doesn't fit |
| Sell Perpl no order-book sample | — | — | — | — | — |
Perpl: 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0132% | 1h | 0.02487 | −0.052% | $115K | $156K | 10x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02484 | −0.189% | $12K | $355K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02485 | −0.129% | $73K | $136K | 25x | as long as short |
| Bybit MONUSDTlong | +0.0005% | 8h | 0.02488 | long leg | $20.4M | $13.6M | 50x | |
| 01 Exchange MONUSD | +0.0032% | 1h | 0.02492 | +0.141% | $6K | $1K | 5x | as long as short |
| Injective MON/USDC PERP | +0.0039% | 1h | 0.02496 | +0.305% | $5K | $111 | 5.5x | as long as short |
| Orderly PERP_MON_USDC | +0.0083% | 4h | 0.02485 | −0.137% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02490 | +0.064% | $833K | $743K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02492 | +0.156% | $7K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02495 | +0.256% | $406K | $580K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02492 | +0.149% | $33.4M | $7.6M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02489 | +0.008% | $98K | $220K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02486 | −0.100% | $12K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02490 | +0.080% | $137K | $92K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02490 | +0.064% | $23.7M | $27.3M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02491 | +0.104% | $4.2M | $6.1M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02490 | +0.064% | $102K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02490 | +0.064% | $930K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02492 | +0.145% | $2.9M | $765K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02493 | +0.185% | $2.7M | $2.2M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02482 | −0.253% | $737K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02483 | −0.206% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02488 | −0.031% | $560K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02487 | −0.056% | $68K | $529K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02484 | −0.177% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02494 | +0.230% | $47K | $288K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02483 | −0.197% | $38K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0221% | 1h | 0.02487 | −0.057% | $5K | $81K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0230% / S −0.0246% | 1h | 0.02490 | +0.080% | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02481 | −0.297% | $1.3M | $343K | 75x | as long as short |
| Perpl MONshort | +0.0447% | 43m | 0.02492 | +0.161% | $114K | $2.2M | 10x | |
| Coinbase International MON-PERP-INTX | +0.0456% | 1h | 0.02530 | +1.672% | $110K | $54K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.1023% | 1h | 0.02488 | −0.015% | $267K | $114K | 10x | as long as short |
Bybit MONUSDT
Backpack MON_USDC_PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
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
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
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD