Funding you earn now, next payment 06:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.016%
Price spread now: Paradex against Deribit+0.024%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 +$3 a day on $10k at the current rate, and Paradex is 0.024% dearer against Deribit than usual: you sell high and buy low: +$2 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 | Deribit MON_USDC-PERPETUAL | 0.02476 | 0 | get 0.0000% / 1h | 30m 30s | $73K | $136K | 25x |
| Short | Paradex MON-USD-PERP | 0.02476 | 0.0100 | get 0.0100% / 8h | 2h 30m | $7K | $42 | 5x |
Deribit MON_USDC-PERPETUAL
Paradex MON-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex against Deribit. 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
- $20.99
- Price spread: +0.024% → 0.000%
- $2.43
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $12.41
- Costs to cover
- 0.110%
- Break-even
- 2.9 days
Slippage unknown: Deribit: live order book, 58 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 Deribit live order book, 58 min ago | 6.33 bp | 17.0 bp −$17 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0120% | 1h | 0.02477 | +0.036% | $115K | $156K | 10x | as long as short |
| Bybit MONUSDT | −0.0009% | 8h | 0.02475 | −0.016% | $20.3M | $13.6M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02478 | +0.089% | $12K | $355K | 5x | as long as short |
| Deribit MON_USDC-PERPETUALlong | 0.0000% | 1h | 0.02476 | long leg | $73K | $136K | 25x | |
| 01 Exchange MONUSD | +0.0024% | 1h | 0.02478 | +0.085% | $6K | $1K | 5x | as long as short |
| Injective MON/USDC PERP | +0.0039% | 1h | 0.02489 | +0.537% | $5K | $113 | 5.5x | as long as short |
| Orderly PERP_MON_USDC | +0.0083% | 4h | 0.02475 | −0.028% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02477 | +0.053% | $816K | $755K | 10x | as long as short |
| Paradex MON-USD-PERPshort | +0.0100% | 8h | 0.02476 | +0.024% | $7K | $42 | 5x | |
| Nado MON-PERP | +0.0100% | 1h | 0.02478 | +0.096% | $409K | $569K | 10x | as long as short |
Backpack MON_USDC_PERP
Bybit MONUSDT
Phoenix MON
01 Exchange MONUSD
Injective MON/USDC PERP
Orderly PERP_MON_USDC
Lighter MON
Nado MON-PERPShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02478 | +0.109% | $33.2M | $7.6M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02477 | +0.052% | $99K | $221K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02474 | −0.081% | $12K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02477 | +0.073% | $137K | $92K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02477 | +0.066% | $23.5M | $27.4M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02477 | +0.053% | $4.1M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02475 | −0.028% | $102K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02478 | +0.093% | $926K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02480 | +0.174% | $2.8M | $764K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02480 | +0.174% | $2.7M | $2.2M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02473 | −0.125% | $732K | $407K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02473 | −0.109% | $41K | $251K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02477 | +0.039% | $557K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02477 | +0.053% | $67K | $527K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02475 | −0.028% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02477 | +0.065% | $47K | $288K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02474 | −0.069% | $37K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0230% / S −0.0246% | 1h | 0.02479 | +0.129% | $6K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0237% | 1h | 0.02481 | +0.216% | $5K | $81K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02472 | −0.149% | $1.3M | $346K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02479 | +0.121% | $113K | $2.2M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0456% | 1h | 0.02530 | +2.193% | $110K | $54K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.1027% | 1h | 0.02479 | +0.133% | $266K | $119K | 10x | as long as short |
Hyperliquid MON
Aster MONUSDT
dYdX MON-USD
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
Aevo MON-PERP
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
BloFin MON-USDT
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD