Funding you earn now, next payment 00:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h 0.000%
Price spread now: Orderly against dYdX−0.202%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.202% cheaper against dYdX than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX MON-USD | 0.02567 | 0.0100 | pay 0.0013% / 1h | 24m 18s | $13K | — | 5x |
| Short | Orderly PERP_MON_USDC | 0.02562 | 0.0068 | get 0.0034% / 4h | 24m 18s | $17K | $64K | 10x |
dYdX MON-USD
Orderly PERP_MON_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against dYdX. 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
- −$6.68
- Price spread: −0.202% → 0.000%
- −$20.22
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$42.9
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Orderly: 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 Orderly no order-book sample | — | — | — | — | — |
dYdX and Orderly: 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 | −0.0121% | 1h | 0.02576 | +0.343% | $6K | $107 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0064% | 1h | 0.02563 | −0.159% | $6K | $1K | 5x | as long as short |
| Bybit MONUSDT | −0.0028% | 8h | 0.02560 | −0.268% | $21.2M | $12.1M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02568 | +0.031% | $13K | $360K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02563 | −0.175% | $69K | $119K | 25x | as long as short |
| Orderly PERP_MON_USDCshort | +0.0068% | 4h | 0.02562 | −0.202% | $17K | $64K | 10x | |
| Paradex MON-USD-PERP | +0.0095% | 8h | 0.02562 | −0.184% | $8K | $42 | 5x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02566 | −0.046% | $852K | $794K | 10x | as long as short |
| Aftermath Perps MONUSD | +0.0097% | 1h | 0.02570 | +0.125% | $3K | $75K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02569 | +0.058% | $392K | $544K | 10x | as long as short |
Injective MON/USDC PERP
01 Exchange MONUSD
Bybit MONUSDT
Phoenix MON
Deribit MON_USDC-PERPETUAL
Paradex MON-USD-PERP
Lighter MON
Aftermath Perps MONUSD
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 | 0.02567 | −0.007% | $34.8M | $7.6M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02565 | −0.087% | $107K | $231K | 10x | as long as short |
| dYdX MON-USDlong | +0.0100% | 1h | 0.02567 | long leg | $13K | — | 5x | |
| Pacifica MON | +0.0100% | 1h | 0.02566 | −0.066% | $142K | $105K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02562 | −0.200% | $24.4M | $25.4M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02561 | −0.241% | $4.3M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02570 | +0.109% | $108K | $390 | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02563 | −0.163% | $975K | $909K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02563 | −0.163% | $2.7M | $1.9M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02567 | −0.015% | $128K | $141K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02566 | −0.058% | $776K | $408K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02569 | +0.051% | $47K | $242K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02571 | +0.143% | $582K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02572 | +0.187% | $69K | $481K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02562 | −0.202% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02567 | +0.010% | $51K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02562 | −0.218% | $39K | — | 3x | as long as short |
| KuCoin MONUSDTM | +0.0254% | 4h | 0.02570 | +0.109% | $3.0M | $717K | 75x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0598% | 1h | 0.02562 | −0.187% | $8K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02566 | −0.046% | $1.4M | $308K | 75x | as long as short |
| Kraken Futures PF_MONUSD | +0.0421% | 1h | 0.02566 | −0.043% | $269K | $78K | 10x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02565 | −0.070% | $125K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0480% | 1h | 0.02609 | +1.625% | $115K | $50K | 50x | as long as short |
Hyperliquid MON
Aster MONUSDT
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
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
KuCoin MONUSDTM
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Kraken Futures PF_MONUSD
Perpl MON
Coinbase International MON-PERP-INTX