Funding you earn now, next payment 00:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.14 per $10,000 · paid last 24h 0.000%
Price spread now: Paradex against Variational Omni+0.048%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · Paradex: Active · farm boardneeds both histories
The price spread pays, funding is against you. Paradex is 0.048% dearer against Variational Omni than usual: you sell high and buy low (spread +0.048% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MON | 0.02571 | 0.0100 | pay 0.0100% / 8h | 1h 13m | $779K | $406K | — |
| Short | Paradex MON-USD-PERP | 0.02572 | 0.0086 | get 0.0086% / 8h | 1h 13m | $8K | $42 | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Variational Omni. 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
- −$2.93
- Price spread: +0.048% → 0.000%
- $4.8
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$2.13
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 6 min ago; Paradex: 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 Variational Omni RFQ quote, 6 min ago | 9.72 bp | doesn't fit | 130.2 bp −$1,302 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MONUSDT | −0.0060% | 8h | 0.02564 | −0.283% | $21.3M | $11.8M | 50x | as long as short |
| Injective MON/USDC PERP | −0.0053% | 1h | 0.02575 | +0.149% | $6K | $109 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02576 | +0.176% | $13K | $362K | 5x | as long as short |
| Perpl MON | 0.0000% | 43m | 0.02567 | −0.159% | $142K | $1.8M | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02567 | −0.166% | $69K | $119K | 25x | as long as short |
| Aftermath Perps MONUSD | +0.0027% | 1h | 0.02576 | +0.182% | $2K | $73K | 10x | as long as short |
| 01 Exchange MONUSD | +0.0032% | 1h | 0.02570 | −0.038% | $6K | $1K | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0067% | 4h | 0.02565 | −0.240% | $17K | $64K | 10x | as long as short |
| Paradex MON-USD-PERPshort | +0.0086% | 8h | 0.02572 | +0.048% | $8K | $42 | 5x | |
| Lighter MON | +0.0096% | 1h | 0.02569 | −0.085% | $851K | $773K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado MON-PERP | +0.0100% | 1h | 0.02573 | +0.084% | $387K | $540K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02571 | −0.023% | $34.8M | $7.4M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02571 | −0.015% | $108K | $231K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02575 | +0.135% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02573 | +0.086% | $142K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02567 | −0.173% | $24.4M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02565 | −0.240% | $4.3M | $5.8M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02578 | +0.249% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02569 | −0.085% | $995K | $873K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02568 | −0.124% | $2.7M | $1.8M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02567 | −0.163% | $127K | $138K | 10x | as long as short |
| Variational Omni MONlong | +0.0100% | 8h | 0.02571 | long leg | $779K | $406K | — | |
| edgeX MONUSDC | +0.0100% | 4h | 0.02574 | +0.128% | $47K | $244K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02577 | +0.226% | $578K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02576 | +0.188% | $69K | $480K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02567 | −0.163% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02570 | −0.029% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02567 | −0.159% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0174% | 1h | 0.02570 | −0.047% | $270K | $78K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02567 | −0.163% | $8K | — | 50x | as long as short |
| KuCoin MONUSDTM | +0.0308% | 4h | 0.02575 | +0.149% | $3.2M | $667K | 75x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02570 | −0.046% | $1.3M | $292K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0536% | 1h | 0.02607 | +1.382% | $114K | $49K | 50x | as long as short |
Variational Omni MON
Paradex MON-USD-PERP
Bybit MONUSDT
Injective MON/USDC PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
Aftermath Perps MONUSD
01 Exchange MONUSD
Lighter MON
Hyperliquid MON
Aster MONUSDT
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
Bitget MONUSDT
Backpack MON_USDC_PERP
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Kraken Futures PF_MONUSD
GMX MON/USD [ETH-USDC]
KuCoin MONUSDTM
BloFin MON-USDT
Coinbase International MON-PERP-INTX