MON

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0061%/8h= −6.7% APRnext payment −$0.08 per $10,000 · paid last 24h −0.024%

Price spread now: Injective against dYdX+0.406%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Injective

What this pair did over the last

the charts below follow

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—needs both histories

The price spread pays, funding is against you. Injective is 0.406% dearer against dYdX than usual: you sell high and buy low (spread +0.406% now, against zero (this spread has no 7-day history yet)): +$41 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 22 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX MON-USD	0.02486	0.0100	pay 0.0013% / 1h	35m 12s	$12K	—	5x
Short	Injective MON/USDC PERP	0.02496	0.0039	get 0.0005% / 1h	35m 12s	$5K	$111	5.5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against dYdX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee dYdXbpFee InjectivebpOrdersPrice spread, now +0.406%Rate

Funding earned: −$12.79
Price spread: +0.406% → 0.000%: $40.63
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $17.82
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: dYdX: no order-book sample; Injective: 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 dYdX no order-book sample	—	—	—	—	—
Sell Injective no order-book sample	—	—	—	—	—

dYdX and Injective: 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	−0.0132%	1h	0.02487	+0.048%	$115K	$156K	10x	as long as short
Phoenix MON	0.0000%	1h	0.02484	−0.088%	$12K	$355K	5x	as long as short
Bybit MONUSDT	+0.0005%	8h	0.02487	+0.048%	$20.4M	$13.6M	50x	as long as short
01 Exchange MONUSD	+0.0032%	1h	0.02492	+0.241%	$6K	$1K	5x	as long as short
Injective MON/USDC PERPshort	+0.0039%	1h	0.02496	+0.406%	$5K	$111	5.5x
Orderly PERP_MON_USDC	+0.0083%	4h	0.02490	+0.165%	$16K	$48K	10x	as long as short
Lighter MON	+0.0096%	1h	0.02490	+0.165%	$833K	$743K	10x	as long as short
Paradex MON-USD-PERP	+0.0100%	8h	0.02492	+0.257%	$7K	$42	5x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02495	+0.357%	$406K	$580K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02492	+0.249%	$33.4M	$7.6M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster MONUSDT	+0.0100%	4h	0.02489	+0.108%	$98K	$220K	10x	as long as short
dYdX MON-USDlong	+0.0100%	1h	0.02486	long leg	$12K	—	5x
Pacifica MON	+0.0100%	1h	0.02490	+0.181%	$137K	$92K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02490	+0.165%	$23.7M	$27.3M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02487	+0.044%	$4.2M	$6.0M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02490	+0.165%	$102K	$1K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02490	+0.165%	$930K	$1.0M	50x	as long as short
KuCoin MONUSDTM	+0.0100%	4h	0.02492	+0.245%	$2.9M	$765K	75x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02493	+0.286%	$2.7M	$2.2M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02482	−0.152%	$737K	$405K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02483	−0.106%	$41K	$250K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02488	+0.070%	$560K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02487	+0.044%	$68K	$529K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02491	+0.205%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02492	+0.258%	$47K	$288K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02490	+0.157%	$38K	—	3x	as long as short
Deribit MON_USDC-PERPETUAL	+0.0111%	1h	0.02491	+0.225%	$73K	$136K	25x	as long as short
Aftermath Perps MONUSD	+0.0221%	1h	0.02487	+0.043%	$5K	$81K	10x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0230% / S −0.0246%	1h	0.02490	+0.181%	$6K	—	50x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02491	+0.205%	$1.3M	$345K	75x	as long as short
Perpl MON	+0.0447%	43m	0.02492	+0.261%	$114K	$2.2M	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0456%	1h	0.02530	+1.774%	$110K	$54K	50x	as long as short
Kraken Futures PF_MONUSD	+0.1021%	1h	0.02493	+0.303%	$268K	$114K	10x	as long as short