Funding you earn now, next payment 23:00 UTC−0.0161%/8h= −17.6% APRnext payment −$0.20 per $10,000 · paid last 24h −0.036%
Price spread now: dYdX against GMX−0.033%7-day average — · you buy dearer than you sell
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—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and dYdX is 0.033% cheaper against GMX than usual: you would sell low and buy high (−$3 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 | GMX MON/USD [ETH-USDC] | 0.02584 | L +0.0261% / S −0.0598% | pay 0.0033% / 1h | 59m 21s | $9K | — | 50x |
| Short | dYdX MON-USD | 0.02583 | 0.0100 | get 0.0013% / 1h | 59m 21s | $13K | — | 5x |
GMX MON/USD [ETH-USDC]
dYdX MON-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against GMX. 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
- −$33.77
- Price spread: −0.033% → 0.000%
- −$3.35
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$59.12
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; dYdX: 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 GMX no order-book sample | — | — | — | — | — |
| Sell dYdX no order-book sample | — | — | — | — | — |
GMX and dYdX: 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 | −0.0739% | 1h | 0.02599 | +0.569% | $6K | $110 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0720% | 1h | 0.02579 | −0.205% | $6K | $1K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | −0.0330% | 1h | 0.02583 | −0.043% | $66K | $114K | 25x | as long as short |
| Bybit MONUSDT | −0.0034% | 8h | 0.02581 | −0.128% | $21.5M | $11.8M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02581 | −0.120% | $13K | $359K | 5x | as long as short |
| Aftermath Perps MONUSD | +0.0046% | 1h | 0.02584 | −0.012% | $2K | $73K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0066% | 8h | 0.02580 | −0.171% | $8K | $42 | 5x | as long as short |
| Orderly PERP_MON_USDC | +0.0076% | 4h | 0.02581 | −0.128% | $17K | $64K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02579 | −0.205% | $843K | $760K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02585 | +0.020% | $388K | $535K | 10x | as long as short |
Injective MON/USDC PERP
01 Exchange MONUSD
Deribit MON_USDC-PERPETUAL
Bybit MONUSDT
Phoenix MON
Aftermath Perps MONUSD
Paradex MON-USD-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 | 0.02586 | +0.054% | $34.8M | $7.5M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02583 | −0.031% | $108K | $233K | 10x | as long as short |
| dYdX MON-USDshort | +0.0100% | 1h | 0.02583 | −0.033% | $13K | — | 5x | |
| Pacifica MON | +0.0100% | 1h | 0.02579 | −0.205% | $142K | $106K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02582 | −0.089% | $24.5M | $24.6M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02579 | −0.205% | $4.4M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02580 | −0.168% | $108K | $3K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02582 | −0.089% | $1.0M | $862K | 50x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02583 | −0.050% | $2.7M | $1.8M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02578 | −0.228% | $777K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02580 | −0.170% | $47K | $244K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02584 | −0.021% | $581K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02580 | −0.166% | $69K | $480K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02580 | −0.166% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02583 | −0.059% | $52K | $407K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02581 | −0.128% | $39K | — | 3x | as long as short |
| Kraken Futures PF_MONUSD | +0.0132% | 1h | 0.02583 | −0.034% | $266K | $67K | 10x | as long as short |
| BloFin MON-USDT | +0.0150% | 4h | 0.02579 | −0.205% | $1.4M | $245K | 75x | as long as short |
| GMX MON/USD [ETH-USDC]long | L +0.0261% / S −0.0598% | 1h | 0.02584 | long leg | $9K | — | 50x | |
| Backpack MON_USDC_PERP | +0.0275% | 1h | 0.02581 | −0.120% | $138K | $137K | 10x | as long as short |
| KuCoin MONUSDTM | +0.0298% | 4h | 0.02586 | +0.066% | $3.1M | $747K | 75x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02584 | −0.031% | $144K | $1.8M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0648% | 1h | 0.02607 | +0.867% | $114K | $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
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
Kraken Futures PF_MONUSD
BloFin MON-USDT
Backpack MON_USDC_PERP
KuCoin MONUSDTM
Perpl MON
Coinbase International MON-PERP-INTX