Funding you earn now, next payment 08:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.38 per $10,000 · paid last 24h +0.013%
Price spread now: Variational Omni against Bybit−0.038%7-day average −0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.040%+$4 on $10k
+Price spread, last 4 days (all we have)−0.027%−$3 · spread now −0.038%, 7d avg −0.015%
=Together, before fees+0.013%+ Points / potential airdropVariational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.022% cheaper against Bybit than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of −0.015%). If the spread goes back, that is −$2 on $10k: about 47 hours of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MONUSDT | 0.02490 | 0.0062 | pay 0.0062% / 8h | 1h 31m | $20.5M | $13.7M | 50x |
| Short | Variational Omni MON | 0.02489 | 0.0100 | get 0.0100% / 8h | 1h 31m | $739K | $411K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $7.99
- Price spread: −0.038% → −0.015%
- −$2.21
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$5.22
- Costs to cover
- 0.110%
- Break-even
- 11.6 days
Slippage unknown: Bybit: live order book, 7 min ago; Variational Omni: RFQ quote, 13 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 Bybit live order book, 7 min ago | 4.01 bp | 19.0 bp −$19 | 58.8 bp −$588 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 13 min ago | 14.03 bp | doesn't fit | 114.3 bp −$1,143 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix MON | 0.0000% | 1h | 0.02487 | −0.112% | $13K | $353K | 5x | as long as short |
| Bybit MONUSDTlong | +0.0062% | 8h | 0.02490 | long leg | $20.5M | $13.7M | 50x | |
| Orderly PERP_MON_USDC | +0.0085% | 4h | 0.02490 | 0.000% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02493 | +0.120% | $799K | $787K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02489 | −0.025% | $7K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02495 | +0.209% | $397K | $572K | 10x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02487 | −0.112% | $98K | $221K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02487 | −0.123% | $12K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02489 | −0.036% | $138K | $91K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02491 | +0.027% | $23.7M | $27.6M | 75x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02491 | +0.040% | $4.2M | $6.1M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02485 | −0.200% | $102K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02488 | −0.080% | $927K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02492 | +0.080% | $2.8M | $764K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02490 | 0.000% | $2.7M | $2.3M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02488 | −0.092% | $111K | $155K | 10x | as long as short |
| Variational Omni MONshort | +0.0100% | 8h | 0.02489 | −0.038% | $739K | $411K | — | |
| edgeX MONUSDC | +0.0100% | 4h | 0.02485 | −0.186% | $41K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02488 | −0.100% | $561K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02489 | −0.040% | $68K | $536K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02491 | +0.040% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02492 | +0.096% | $48K | $266K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02491 | +0.040% | $38K | — | 3x | as long as short |
| Injective MON/USDC PERP | +0.0109% | 1h | 0.02489 | −0.040% | $5K | $111 | 5.5x | as long as short |
| Aftermath Perps MONUSD | +0.0206% | 1h | 0.02492 | +0.086% | $6K | $100K | 10x | as long as short |
| 01 Exchange MONUSD | +0.0224% | 1h | 0.02494 | +0.145% | $7K | $2K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0230% / S −0.0246% | 1h | 0.02491 | +0.032% | $6K | — | 50x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0272% | 1h | 0.02492 | +0.100% | $72K | $138K | 25x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02483 | −0.281% | $1.3M | $346K | 75x | as long as short |
| Hyperliquid MON | +0.0392% | 1h | 0.02494 | +0.173% | $33.7M | $7.8M | 5x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02494 | +0.161% | $119K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0576% | 1h | 0.02496 | +0.241% | $110K | $54K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0848% | 1h | 0.02494 | +0.143% | $268K | $119K | 10x | as long as short |
Bybit MONUSDT
Variational Omni MON
Phoenix MON
Lighter MON
Paradex MON-USD-PERP
Aster MONUSDT
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Backpack MON_USDC_PERP
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Injective MON/USDC PERP
Aftermath Perps MONUSD
01 Exchange MONUSD
GMX MON/USD [ETH-USDC]
Deribit MON_USDC-PERPETUAL
BloFin MON-USDT
Hyperliquid MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD