Funding you earn now, next payment 05:14 UTC−0.0347%/8h= −37.9% APRpaid last 24h +0.012%
Price spread now: dYdX against Perpl−0.342%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 6 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 −$10 a day on $10k at the current rate, and dYdX is 0.342% cheaper against Perpl than usual: you would sell low and buy high (−$34 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 | Perpl MON | 0.02481 | 0.0447 | pay 0.0040% / 43m | 13m 37s | $113K | $2.2M | 10x |
| Short | dYdX MON-USD | 0.02472 | 0.0100 | get 0.0013% / 1h | 33m 37s | $12K | — | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Perpl. 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
- −$72.77
- Price spread: −0.342% → 0.000%
- −$34.21
- Slippage, 4 orders
- no order book: not counted
- Fee Perpl: 6.9 bp × 2 orders
- −$13.8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$130.77
- Costs to cover
- 0.238%
- Break-even
- never at this rate
Slippage unknown: Perpl: 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 Perpl no order-book sample | — | — | — | — | — |
| Sell dYdX no order-book sample | — | — | — | — | — |
Perpl 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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack MON_USDC_PERP | −0.0120% | 1h | 0.02478 | −0.113% | $115K | $156K | 10x | as long as short |
| Bybit MONUSDT | −0.0004% | 8h | 0.02470 | −0.439% | $20.3M | $13.6M | 50x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02484 | +0.125% | $12K | $355K | 5x | as long as short |
| Deribit MON_USDC-PERPETUAL | 0.0000% | 1h | 0.02476 | −0.185% | $73K | $136K | 25x | as long as short |
| 01 Exchange MONUSD | +0.0032% | 1h | 0.02473 | −0.318% | $6K | $1K | 5x | as long as short |
| Injective MON/USDC PERP | +0.0039% | 1h | 0.02496 | +0.621% | $5K | $111 | 5.5x | as long as short |
| Orderly PERP_MON_USDC | +0.0083% | 4h | 0.02478 | −0.105% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02475 | −0.226% | $819K | $752K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02474 | −0.272% | $7K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02481 | +0.015% | $403K | $579K | 10x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid MON | +0.0100% | 1h | 0.02476 | −0.194% | $33.2M | $7.6M | 5x | as long as short |
| Aster MONUSDT | +0.0100% | 4h | 0.02475 | −0.244% | $98K | $220K | 10x | as long as short |
| dYdX MON-USDshort | +0.0100% | 1h | 0.02472 | −0.342% | $12K | — | 5x | |
| Pacifica MON | +0.0100% | 1h | 0.02475 | −0.226% | $137K | $92K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02471 | −0.385% | $23.5M | $27.3M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02471 | −0.387% | $4.1M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02490 | +0.379% | $102K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02472 | −0.347% | $924K | $1.0M | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02474 | −0.266% | $2.8M | $763K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02473 | −0.306% | $2.7M | $2.2M | 25x | as long as short |
| Variational Omni MON | +0.0100% | 8h | 0.02482 | +0.061% | $737K | $405K | — | as long as short |
| edgeX MONUSDC | +0.0100% | 4h | 0.02483 | +0.108% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02488 | +0.284% | $560K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02487 | +0.258% | $68K | $529K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02475 | −0.226% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02472 | −0.362% | $47K | $288K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02475 | −0.230% | $37K | — | 3x | as long as short |
| Aftermath Perps MONUSD | +0.0214% | 1h | 0.02486 | +0.201% | $5K | $81K | 10x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0230% / S −0.0246% | 1h | 0.02477 | −0.145% | $6K | — | 50x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02491 | +0.419% | $1.3M | $345K | 75x | as long as short |
| Perpl MONlong | +0.0447% | 43m | 0.02481 | long leg | $113K | $2.2M | 10x | |
| Coinbase International MON-PERP-INTX | +0.0456% | 1h | 0.02530 | +1.991% | $110K | $54K | 50x | as long as short |
| Kraken Futures PF_MONUSD | +0.1027% | 1h | 0.02479 | −0.084% | $266K | $114K | 10x | as long as short |
Backpack MON_USDC_PERP
Bybit MONUSDT
Phoenix MON
Deribit MON_USDC-PERPETUAL
01 Exchange MONUSD
Injective MON/USDC PERP
Lighter MON
Paradex MON-USD-PERP
Hyperliquid MON
Aster MONUSDT
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
Variational Omni MON
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aftermath Perps MONUSD
GMX MON/USD [ETH-USDC]
BloFin MON-USDT
Coinbase International MON-PERP-INTX
Kraken Futures PF_MONUSD