Funding you earn now, next payment 02:00 UTC+0.0437%/8h= +47.9% APRpaid last 24h +0.221%
Price spread now: Coinbase International against Paradex+0.343%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Coinbase International is 0.343% dearer against Paradex than usual: you sell high and buy low: +$34 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex MON-USD-PERP | 0.02526 | 0.0099 | pay 0.0099% / 8h | 5h 53m | $8K | $42 | 5x |
| Short | Coinbase International MON-PERP-INTX | 0.02535 | 0.0536 | get 0.0067% / 1h | 53m 54s | $111K | $51K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Paradex. 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
- $91.86
- Price spread: +0.343% → 0.000%
- $34.3
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $112.16
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Coinbase International: live order book, 9 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 9 min ago | 20.13 bp | 105.3 bp −$105 | doesn't fit | doesn't fit | doesn't fit |
Paradex: 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 32 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 | −0.0253% | 1h | 0.02531 | +0.200% | $5K | $106 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0064% | 8h | 0.02525 | −0.037% | $20.7M | $12.8M | 50x | as long as short |
| Backpack MON_USDC_PERP | −0.0040% | 1h | 0.02530 | +0.173% | $118K | $148K | 10x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02527 | +0.058% | $13K | $367K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0026% | 1h | 0.02533 | +0.260% | $68K | $125K | 25x | as long as short |
| 01 Exchange MONUSD | +0.0032% | 1h | 0.02530 | +0.149% | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0077% | 4h | 0.02530 | +0.161% | $16K | $51K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02531 | +0.200% | $843K | $738K | 10x | as long as short |
| Paradex MON-USD-PERPlong | +0.0099% | 8h | 0.02526 | long leg | $8K | $42 | 5x | |
| Nado MON-PERP | +0.0100% | 1h | 0.02530 | +0.170% | $405K | $539K | 10x | as long as short |
Show all 32 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02530 | +0.169% | $34.3M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02530 | +0.155% | $101K | $229K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02530 | +0.153% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02529 | +0.121% | $140K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02528 | +0.082% | $24.1M | $25.9M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02526 | +0.003% | $4.2M | $5.8M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02530 | +0.161% | $105K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02530 | +0.161% | $942K | $908K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02531 | +0.200% | $2.9M | $741K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02529 | +0.121% | $2.7M | $2.0M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02538 | +0.481% | $750K | $404K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02523 | −0.110% | $43K | $247K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02527 | +0.032% | $565K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02524 | −0.077% | $68K | $498K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02531 | +0.200% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02529 | +0.134% | $48K | $518K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02532 | +0.240% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02530 | +0.161% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0323% | 1h | 0.02532 | +0.249% | $2K | $74K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02531 | +0.208% | $105K | $2.3M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0491% | 1h | 0.02533 | +0.287% | $267K | $97K | 10x | as long as short |
| Coinbase International MON-PERP-INTXshort | +0.0536% | 1h | 0.02535 | +0.343% | $111K | $51K | 50x |
Paradex MON-USD-PERP
Coinbase International MON-PERP-INTX
Injective MON/USDC PERP
Bybit MONUSDT
Backpack MON_USDC_PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Lighter MON
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
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
Kraken Futures PF_MONUSD