Funding you earn now, next payment 04:31 UTC+0.0347%/8h= +38.0% APRpaid last 24h −0.020%
Price spread now: Perpl against Paradex+0.212%45s7-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
=Together, before fees—+ Points / potential airdropParadex: Active · Perpl: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Perpl is 0.212% dearer against Paradex than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex MON-USD-PERP | 0.02511 | 0.0100 | pay 0.0100% / 8h | 3h 23m | $8K | $42 | 5x |
| Short | Perpl MON | 0.02517 | 0.0447 | get 0.0040% / 43m | 20m 37s | $114K | $2.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Perpl 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
- $72.81
- Price spread: +0.212% → 0.000%
- $21.2
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Net
- $76.21
- Costs to cover
- 0.178%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Perpl: 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Perpl no order-book sample | — | — | — | — | — |
Paradex and Perpl: 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 | −0.0203% | 1h | 0.02523 | +0.463% | $5K | $112 | 5.5x | as long as short |
| Bybit MONUSDT | −0.0005% | 8h | 0.02513 | +0.065% | $20.7M | $13.4M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02525 | +0.554% | $12K | $358K | 5x | as long as short |
| Backpack MON_USDC_PERP | +0.0064% | 1h | 0.02516 | +0.164% | $110K | $151K | 10x | as long as short |
| Orderly PERP_MON_USDC | +0.0073% | 4h | 0.02516 | +0.184% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02515 | +0.144% | $843K | $732K | 10x | as long as short |
| Paradex MON-USD-PERPlong | +0.0100% | 8h | 0.02511 | long leg | $8K | $42 | 5x | |
| Nado MON-PERP | +0.0100% | 1h | 0.02519 | +0.290% | $409K | $586K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02516 | +0.188% | $33.9M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02516 | +0.172% | $101K | $222K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02513 | +0.059% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02514 | +0.104% | $139K | $93K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02512 | +0.020% | $23.9M | $26.9M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02513 | +0.065% | $4.2M | $6.1M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02511 | −0.016% | $103K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02515 | +0.144% | $940K | $984K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02516 | +0.184% | $2.9M | $761K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02514 | +0.104% | $2.7M | $2.2M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02520 | +0.325% | $747K | $408K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02522 | +0.428% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02525 | +0.543% | $568K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02523 | +0.463% | $68K | $521K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02514 | +0.104% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02515 | +0.131% | $48K | $519K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02514 | +0.120% | $38K | — | 3x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0148% | 1h | 0.02515 | +0.160% | $74K | $136K | 25x | as long as short |
| 01 Exchange MONUSD | +0.0216% | 1h | 0.02510 | −0.063% | $6K | $1K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02514 | +0.112% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02521 | +0.383% | $1.3M | $337K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0349% | 1h | 0.02521 | +0.366% | $2K | $74K | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0368% | 1h | 0.02530 | +0.742% | $110K | $57K | 50x | as long as short |
| Perpl MONshort | +0.0447% | 43m | 0.02517 | +0.212% | $114K | $2.2M | 10x | |
| Kraken Futures PF_MONUSD | +0.0724% | 1h | 0.02518 | +0.273% | $271K | $113K | 10x | as long as short |
Paradex MON-USD-PERP
Injective MON/USDC PERP
Bybit MONUSDT
Phoenix MON
Backpack MON_USDC_PERP
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
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Aftermath Perps MONUSD
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD