Settings8H · net · $10k
Funding arb · Price arb /

MON

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0189%/8h= +20.7% APRnext payment +$0.24 per $10,000 · paid last 24h +0.019%
Price spread now: dYdX against Injective−0.256%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. dYdX is 0.256% cheaper against Injective than usual: you would sell low and buy high (spread −0.256% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$26 on $10k: about 4.5 days of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective MON/USDC PERP0.02505−0.0089get 0.0011% / 1h29m 54s$5K$1085.5x
ShortdYdX MON-USD0.024990.0100get 0.0013% / 1h29m 54s$12K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Injective. 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

Funding earned
$39.63
Price spread: −0.256% → 0.000%
−$25.65
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee dYdX: 5 bp × 2 orders
−$10
Net
$3.96
Costs to cover
0.100%
Break-even
6.3 days
Slippage unknown: Injective: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell dYdX no order-book sample
Injective and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack MON_USDC_PERP−0.0146%1h0.02498−0.263%$111K$157K10xas long as short
Injective MON/USDC PERPlong−0.0089%1h0.02505long leg$5K$1085.5x
Phoenix MON0.0000%1h0.02504−0.036%$13K$346K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02496−0.363%$72K$137K25xas long as short
Lighter MON+0.0096%1h0.02498−0.279%$803K$766K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02493−0.466%$7K$425xas long as short
Hyperliquid MON+0.0100%1h0.02499−0.220%$33.8M$7.8M5xas long as short
Aster MONUSDT+0.0100%4h0.02497−0.301%$99K$213K10xas long as short
dYdX MON-USDshort+0.0100%1h0.02499−0.256%$12K5x
Pacifica MON+0.0100%1h0.02497−0.327%$138K$91K3xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MONUSDT+0.0100%4h0.02498−0.279%$23.8M$27.7M75xas long as short
Bybit MONUSDT+0.0100%8h0.02496−0.359%$20.8M$13.9M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02497−0.319%$4.2M$6.2M50xas long as short
Bulk MON-USD+0.0100%1h0.02520+0.583%$103K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02497−0.319%$936K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02499−0.240%$2.9M$771K75xas long as short
Bitget MONUSDT+0.0100%4h0.02499−0.240%$2.7M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02497−0.336%$741K$378Kas long as short
edgeX MONUSDC+0.0100%4h0.02503−0.084%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02513+0.319%$559K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.025050.000%$68K$545K50xas long as short
Nado MON-PERP+0.0100%1h0.02497−0.328%$388K$575K10xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02495−0.399%$16K$40K10xas long as short
SoDEX MON-USD+0.0100%1h0.02498−0.279%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02501−0.177%$57K$332K10xas long as short
Aevo MON-PERP+0.0104%1h0.02494−0.439%$38K3xas long as short
01 Exchange MONUSD+0.0120%1h0.02495−0.391%$6K$3K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0246%1h0.02497−0.307%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02500−0.200%$1.3M$369K75xas long as short
Perpl MON+0.0447%43m0.02498−0.295%$118K$2.2M10xas long as short
Aftermath Perps MONUSD+0.0495%1h0.02506+0.060%$5K$103K10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02525+0.798%$111K$53K50xas long as short
Kraken Futures PF_MONUSD+0.0801%1h0.02499−0.240%$268K$118K10xas long as short