Funding you earn now, next payment 02:00 UTC−0.0095%/8h= −10.4% APRpaid last 24h +0.019%
Price spread now: Deribit against Paradex−0.187%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$3 a day on $10k at the current rate, and Deribit is 0.187% cheaper against Paradex than usual: you would sell low and buy high (−$19 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 | Paradex MON-USD-PERP | 0.02532 | 0.0095 | pay 0.0095% / 8h | 6h 45m | $8K | $42 | 5x |
| Short | Deribit MON_USDC-PERPETUAL | 0.02527 | 0 | get 0.0000% / 1h | 45m 17s | $68K | $125K | 25x |
Paradex MON-USD-PERP
Deribit MON_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Paradex. 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
- −$20.02
- Price spread: −0.187% → 0.000%
- −$18.74
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$49.76
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Deribit: live order book, 64 min ago. 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 64 min ago | 11.94 bp | 15.4 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective MON/USDC PERP | −0.0388% | 1h | 0.02541 | +0.346% | $6K | $106 | 5.5x | as long as short |
| 01 Exchange MONUSD | −0.0032% | 1h | 0.02535 | +0.093% | $6K | $1K | 5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02540 | +0.306% | $13K | $349K | 5x | as long as short |
| Deribit MON_USDC-PERPETUALshort | 0.0000% | 1h | 0.02527 | −0.187% | $68K | $125K | 25x | |
| Bybit MONUSDT | +0.0004% | 8h | 0.02526 | −0.243% | $20.8M | $12.7M | 50x | as long as short |
| Orderly PERP_MON_USDC | +0.0060% | 4h | 0.02526 | −0.247% | $16K | $56K | 10x | as long as short |
| Paradex MON-USD-PERPlong | +0.0095% | 8h | 0.02532 | long leg | $8K | $42 | 5x | |
| Lighter MON | +0.0096% | 1h | 0.02528 | −0.168% | $842K | $740K | 10x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02541 | +0.333% | $406K | $542K | 10x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02530 | −0.097% | $101K | $229K | 10x | as long as short |
Injective MON/USDC PERP
01 Exchange MONUSD
Phoenix MON
Bybit MONUSDT
Orderly PERP_MON_USDC
Lighter MON
Nado MON-PERP
Aster MONUSDTShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX MON-USD | +0.0100% | 1h | 0.02534 | +0.089% | $13K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02535 | +0.101% | $140K | $104K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02527 | −0.194% | $24.1M | $25.9M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02525 | −0.286% | $4.2M | $5.9M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02535 | +0.113% | $105K | $4K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02528 | −0.168% | $951K | $891K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02534 | +0.069% | $2.9M | $744K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02528 | −0.168% | $2.7M | $2.0M | 25x | as long as short |
| Backpack MON_USDC_PERP | +0.0100% | 1h | 0.02535 | +0.129% | $120K | $158K | 10x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02530 | −0.104% | $761K | $411K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02537 | +0.198% | $43K | $249K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02550 | +0.719% | $573K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02537 | +0.188% | $68K | $491K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02526 | −0.247% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02533 | +0.015% | $48K | $520K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02525 | −0.274% | $38K | — | 3x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02529 | −0.136% | $9K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02549 | +0.662% | $1.4M | $310K | 75x | as long as short |
| Aftermath Perps MONUSD | +0.0343% | 1h | 0.02545 | +0.490% | $4K | $76K | 10x | as long as short |
| Hyperliquid MON | +0.0418% | 1h | 0.02534 | +0.065% | $34.6M | $7.5M | 5x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02536 | +0.132% | $114K | $2.1M | 10x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0744% | 1h | 0.02524 | −0.322% | $110K | $51K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.0846% | 1h | 0.02529 | −0.125% | $275K | $88K | 10x | as long as short |
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
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
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Aftermath Perps MONUSD
Hyperliquid MON
Perpl MON
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD