Funding you earn now, next payment 08:00 UTC+0.0182%/8h= +19.9% APRpaid last 24h +0.013%
Price spread now: Binance against Bybit+0.111%7-day average +0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$730.729% of the position
Funding, last 7 days+0.113%+$11 on $10k
+Price spread, last 7 days−0.111%−$11 · spread now +0.111%, 7d avg +0.077%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Binance is 0.034% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.077%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit MONUSDT | 0.02528 | −0.0082 | get 0.0082% / 8h | 3h 54m | $20.8M | $13.4M | 50x |
| Short | Binance MONUSDT | 0.02531 | 0.0100 | get 0.0050% / 4h | 3h 54m | $24.1M | $26.9M | 75x |
Bybit MONUSDT
Binance MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $38.24
- Price spread: +0.111% → +0.077%
- $3.39
- Slippage, 4 orders
- −$51.85
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$31.22
- Costs to cover
- 0.729%
- Break-even
- 12.7 days
Slippage from Bybit: live order book, 4 min ago; Binance: live order book, 2 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 Bybit live order book, 4 min ago | 1.99 bp | 19.7 bp −$20 | 56.8 bp −$568 | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 1.99 bp | 15.2 bp −$15 | 61.3 bp −$613 | 305.6 bp −$30.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0203% | 1h | 0.02507 | −0.839% | $5K | $109 | 5.5x | as long as short |
| Bybit MONUSDTlong | −0.0082% | 8h | 0.02528 | long leg | $20.8M | $13.4M | 50x | |
| Phoenix MON | 0.0000% | 1h | 0.02520 | −0.324% | $12K | $358K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02529 | +0.047% | $74K | $136K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0072% | 4h | 0.02528 | −0.008% | $16K | $34K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0096% | 8h | 0.02530 | +0.077% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02532 | +0.150% | $849K | $732K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02528 | −0.011% | $427K | $578K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02530 | +0.075% | $34.1M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02527 | −0.040% | $101K | $222K | 10x | as long as short |
Injective MON/USDC PERP
Phoenix MON
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Paradex MON-USD-PERP
Lighter MON
Nado MON-PERP
Hyperliquid MON
Aster MONUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02529 | +0.044% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02530 | +0.083% | $140K | $93K | 3x | as long as short |
| Binance MONUSDTshort | +0.0100% | 4h | 0.02531 | +0.111% | $24.1M | $26.9M | 75x | |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02531 | +0.111% | $4.2M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02525 | −0.127% | $104K | $5K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02531 | +0.111% | $950K | $978K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02531 | +0.111% | $2.9M | $756K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02532 | +0.150% | $2.7M | $2.2M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02532 | +0.142% | $114K | $151K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02521 | −0.282% | $745K | $410K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02520 | −0.330% | $41K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02522 | −0.249% | $565K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02521 | −0.285% | $68K | $512K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02528 | −0.008% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02532 | +0.150% | $48K | $519K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02527 | −0.028% | $38K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0136% | 1h | 0.02528 | −0.008% | $6K | $1K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02529 | +0.032% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0289% | 1h | 0.02520 | −0.330% | $2K | $74K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02526 | −0.087% | $1.3M | $341K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0368% | 1h | 0.02524 | −0.166% | $110K | $57K | 50x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02528 | −0.024% | $115K | $2.3M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0721% | 1h | 0.02530 | +0.075% | $272K | $113K | 10x | as long as short |
dYdX MON-USD
Pacifica MON
OKX MON-USDT-SWAP
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
01 Exchange MONUSD
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
BloFin MON-USDT
Coinbase International MON-PERP-INTX
Perpl MON
Kraken Futures PF_MONUSD