Settings8H · net · $10k
Funding arb · Price arb /

MON

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Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0839%/8h= +91.8% APRnext payment +$1.05 per $10,000 · paid last 24h −0.001%
Price spread now: dYdX against Injective−0.117%98s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. dYdX is 0.117% cheaper against Injective than usual: you would sell low and buy high (spread −0.117% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 11 hours of funding at the current rate (+$25 a day). The two prices were read 98 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective MON/USDC PERP0.02599−0.0739get 0.0092% / 1h7m 45s$6K$1105.5x
ShortdYdX MON-USD0.025960.0100get 0.0013% / 1h7m 45s$13K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Injective. 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

Funding earned
$176.14
Price spread: −0.117% → 0.000%
−$11.74
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee dYdX: 5 bp × 2 orders
−$10
Net
$154.39
Costs to cover
0.100%
Break-even
0.9 days
Slippage unknown: Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell dYdX no order-book sample
Injective 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective MON/USDC PERPlong−0.0739%1h0.02599long leg$6K$1105.5x
Deribit MON_USDC-PERPETUAL−0.0521%1h0.02592−0.281%$66K$114K25xas long as short
01 Exchange MONUSD−0.0280%1h0.02585−0.531%$6K$1K5xas long as short
Bybit MONUSDT−0.0020%8h0.02588−0.423%$21.6M$11.8M50xas long as short
Phoenix MON0.0000%1h0.02592−0.277%$13K$384K5xas long as short
Paradex MON-USD-PERP+0.0072%8h0.02590−0.341%$8K$425xas long as short
Orderly PERP_MON_USDC+0.0083%4h0.02589−0.385%$17K$64K10xas long as short
BloFin MON-USDT+0.0095%4h0.02592−0.269%$1.4M$246K75xas long as short
Lighter MON+0.0096%1h0.02593−0.231%$851K$758K10xas long as short
Nado MON-PERP+0.0100%1h0.02593−0.220%$390K$536K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02593−0.212%$35.0M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02591−0.322%$108K$233K10xas long as short
dYdX MON-USDshort+0.0100%1h0.02596−0.117%$13K5x
Pacifica MON+0.0100%1h0.02592−0.269%$143K$106K3xas long as short
Binance MONUSDT+0.0100%4h0.02590−0.346%$24.6M$24.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02587−0.462%$4.4M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02600+0.038%$109K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02592−0.269%$1.0M$935K50xas long as short
Bitget MONUSDT+0.0100%4h0.02591−0.308%$2.8M$1.8M25xas long as short
Variational Omni MON+0.0100%8h0.02588−0.405%$782K$412Kas long as short
edgeX MONUSDC+0.0100%4h0.02591−0.320%$48K$242K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02594−0.191%$584K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02592−0.269%$69K$480K50xas long as short
SoDEX MON-USD+0.0100%1h0.02590−0.346%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02593−0.227%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02590−0.366%$39K3xas long as short
Aftermath Perps MONUSD+0.0104%1h0.02595−0.157%$2K$73K10xas long as short
Kraken Futures PF_MONUSD+0.0131%1h0.02595−0.152%$267K$67K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02593−0.242%$9K50xas long as short
Backpack MON_USDC_PERP+0.0283%1h0.02593−0.246%$138K$137K10xas long as short
KuCoin MONUSDTM+0.0346%4h0.02597−0.077%$3.2M$747K75xas long as short
Perpl MON+0.0447%43m0.02592−0.289%$145K$1.8M10xas long as short
Coinbase International MON-PERP-INTX+0.0648%1h0.02607+0.296%$114K$50K50xas long as short