Funding you earn now, next payment 08:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h −0.013%
Price spread now: Bybit against OKX0.000%7-day average −0.042% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$650.648% of the position
Funding, last 7 days−0.114%−$11 on $10k
+Price spread, last 7 days−0.015%−$1 · spread now 0.000%, 7d avg −0.042%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.042% dearer against OKX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.042%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX MON-USDT-SWAP | 0.02504 | 0.0100 | pay 0.0050% / 4h | 1h 05m | $4.2M | $6.2M | 50x |
| Short | Bybit MONUSDT | 0.02504 | 0.0099 | get 0.0099% / 8h | 1h 05m | $20.8M | $13.8M | 50x |
OKX MON-USDT-SWAP
Bybit MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against OKX. 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
- −$0.12
- Price spread: 0.000% → −0.042%
- $4.21
- Slippage, 4 orders
- −$43.81
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$60.72
- Costs to cover
- 0.648%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; Bybit: live order book, 3 min ago.
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 OKX live order book, 2 min ago | 4.00 bp | 18.7 bp −$19 | 86.1 bp −$861 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 2.00 bp | 8.2 bp −$8 | 56.2 bp −$562 | 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 | 0.02500 | −0.172% | $13K | $353K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02503 | −0.036% | $126K | $2.2M | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0088% | 4h | 0.02506 | +0.080% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02507 | +0.120% | $804K | $787K | 10x | as long as short |
| Bybit MONUSDTshort | +0.0099% | 8h | 0.02504 | 0.000% | $20.8M | $13.8M | 50x | |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02506 | +0.088% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02510 | +0.243% | $394K | $575K | 10x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02506 | +0.064% | $99K | $213K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02503 | −0.038% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02507 | +0.108% | $139K | $91K | 3x | as long as short |
Phoenix MON
Perpl MON
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Aster MONUSDT
dYdX MON-USD
Pacifica MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance MONUSDT | +0.0100% | 4h | 0.02505 | +0.039% | $23.8M | $27.5M | 75x | as long as short |
| OKX MON-USDT-SWAPlong | +0.0100% | 4h | 0.02504 | long leg | $4.2M | $6.2M | 50x | |
| Bulk MON-USD | +0.0100% | 1h | 0.02500 | −0.160% | $103K | −$0 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02506 | +0.080% | $934K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02510 | +0.240% | $2.9M | $767K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02508 | +0.160% | $2.7M | $2.3M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02508 | +0.156% | $110K | $156K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02499 | −0.218% | $741K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02499 | −0.198% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02501 | −0.120% | $564K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02502 | −0.080% | $68K | $535K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02506 | +0.080% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02509 | +0.211% | $47K | $268K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02506 | +0.076% | $38K | — | 3x | as long as short |
| Injective MON/USDC PERP | +0.0109% | 1h | 0.02500 | −0.160% | $5K | $113 | 5.5x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0229% | 1h | 0.02507 | +0.112% | $73K | $138K | 25x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0230% / S −0.0246% | 1h | 0.02503 | −0.024% | $6K | — | 50x | as long as short |
| 01 Exchange MONUSD | +0.0264% | 1h | 0.02510 | +0.252% | $6K | $3K | 5x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02499 | −0.200% | $1.3M | $347K | 75x | as long as short |
| Hyperliquid MON | +0.0382% | 1h | 0.02509 | +0.220% | $33.9M | $7.8M | 5x | as long as short |
| Aftermath Perps MONUSD | +0.0417% | 1h | 0.02503 | −0.039% | $6K | $100K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0576% | 1h | 0.02511 | +0.288% | $110K | $53K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0843% | 1h | 0.02508 | +0.146% | $269K | $119K | 10x | as long as short |
Binance MONUSDT
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
Injective MON/USDC PERP
Deribit MON_USDC-PERPETUAL
GMX MON/USD [ETH-USDC]
01 Exchange MONUSD
BloFin MON-USDT
Hyperliquid MON
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD