Funding you earn now, next payment 01:00 UTC−0.0644%/8h= −70.5% APRnext payment −$0.80 per $10,000 · paid last 24h −0.221%
Price spread now: dYdX against Coinbase International−0.473%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
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and dYdX is 0.473% cheaper against Coinbase International than usual: you would sell low and buy high (−$47 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International MON-PERP-INTX | 0.02538 | 0.0744 | pay 0.0093% / 1h | 42m 38s | $111K | $52K | 50x |
| Short | dYdX MON-USD | 0.02526 | 0.0100 | get 0.0013% / 1h | 42m 38s | $13K | — | 5x |
Coinbase International MON-PERP-INTX
dYdX MON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Coinbase International. 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
- −$135.24
- Price spread: −0.473% → 0.000%
- −$47.29
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$202.53
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 25 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 Coinbase International live order book, 25 min ago | 29.90 bp | 117.6 bp −$118 | 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 | −0.0388% | 1h | 0.02541 | +0.126% | $6K | $106 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0030% | 8h | 0.02521 | −0.654% | $20.7M | $12.8M | 50x | as long as short |
| 01 Exchange MONUSD | −0.0024% | 1h | 0.02524 | −0.528% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02540 | +0.087% | $13K | $349K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02535 | −0.102% | $68K | $125K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0060% | 4h | 0.02534 | −0.150% | $16K | $55K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0096% | 8h | 0.02523 | −0.580% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02526 | −0.465% | $842K | $740K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02529 | −0.347% | $405K | $544K | 10x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02529 | −0.357% | $101K | $229K | 10x | as long as short |
Injective MON/USDC PERP
Bybit MONUSDT
01 Exchange MONUSD
Phoenix MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Lighter MON
Nado MON-PERP
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 | 0.02526 | −0.473% | $13K | — | 5x | |
| Pacifica MON | +0.0100% | 1h | 0.02525 | −0.493% | $140K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02523 | −0.569% | $24.1M | $26.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02523 | −0.583% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02535 | −0.107% | $105K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02525 | −0.504% | $948K | $898K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02527 | −0.426% | $2.9M | $745K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02523 | −0.583% | $2.7M | $2.0M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02534 | −0.154% | $120K | $161K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02530 | −0.323% | $761K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02537 | −0.022% | $43K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02530 | −0.298% | $568K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02537 | −0.032% | $68K | $491K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02534 | −0.150% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02528 | −0.371% | $48K | $520K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02532 | −0.225% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02536 | −0.051% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02549 | +0.441% | $1.4M | $310K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0358% | 1h | 0.02541 | +0.130% | $4K | $76K | 10x | as long as short |
| Hyperliquid MON | +0.0375% | 1h | 0.02529 | −0.335% | $34.5M | $7.6M | 5x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02538 | 0.000% | $105K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTXlong | +0.0744% | 1h | 0.02538 | long leg | $111K | $52K | 50x | |
| Kraken Futures PF_MONUSD | +0.0843% | 1h | 0.02538 | −0.007% | $276K | $88K | 10x | as long as short |
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Backpack MON_USDC_PERP
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Aftermath Perps MONUSD
Hyperliquid MON
Perpl MON
Kraken Futures PF_MONUSD