Funding you earn now, next payment 08:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.94 per $10,000 · paid last 24h −0.013%
Price spread now: Bybit against Variational Omni−0.261%7-day average +0.015% · 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)−0.040%−$4 on $10k
+Price spread, last 4 days (all we have)+0.251%+$25 · spread now −0.261%, 7d avg +0.015%
=Together, before fees+0.211%+ Points / potential airdropVariational Omni: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.276% cheaper against Variational Omni than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni MON | 0.02506 | 0.0100 | pay 0.0100% / 8h | 3h 07m | $743K | $405K | — |
| Short | Bybit MONUSDT | 0.02499 | 0.0006 | get 0.0006% / 8h | 3h 07m | $20.6M | $13.5M | 50x |
Variational Omni MON
Bybit MONUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Variational Omni. 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
- −$19.7
- Price spread: −0.261% → +0.015%
- −$27.63
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$58.32
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 46 min ago; Bybit: live order book, 1 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 Variational Omni RFQ quote, 46 min ago | 7.91 bp | doesn't fit | 102.8 bp −$1,028 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.00 bp | 20.7 bp −$21 | 66.9 bp −$669 | doesn't fit | doesn't fit |
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 | −0.0203% | 1h | 0.02515 | +0.378% | $5K | $114 | 5.5x | as long as short |
| Phoenix MON | 0.0000% | 1h | 0.02513 | +0.290% | $12K | $358K | 5x | as long as short |
| Bybit MONUSDTshort | +0.0006% | 8h | 0.02499 | −0.261% | $20.6M | $13.5M | 50x | |
| Backpack MON_USDC_PERP | +0.0018% | 1h | 0.02502 | −0.145% | $110K | $152K | 10x | as long as short |
| Deribit MON_USDC-PERPETUAL | +0.0070% | 1h | 0.02501 | −0.193% | $74K | $136K | 25x | as long as short |
| Orderly PERP_MON_USDC | +0.0078% | 4h | 0.02499 | −0.261% | $16K | $48K | 10x | as long as short |
| Lighter MON | +0.0096% | 1h | 0.02504 | −0.061% | $840K | $733K | 10x | as long as short |
| Paradex MON-USD-PERP | +0.0100% | 8h | 0.02498 | −0.293% | $8K | $42 | 5x | as long as short |
| Nado MON-PERP | +0.0100% | 1h | 0.02501 | −0.188% | $404K | $586K | 10x | as long as short |
| Hyperliquid MON | +0.0100% | 1h | 0.02505 | −0.037% | $33.7M | $7.5M | 5x | as long as short |
Injective MON/USDC PERP
Phoenix MON
Backpack MON_USDC_PERP
Deribit MON_USDC-PERPETUAL
Orderly PERP_MON_USDC
Lighter MON
Paradex MON-USD-PERP
Nado MON-PERP
Hyperliquid MONShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MONUSDT | +0.0100% | 4h | 0.02500 | −0.221% | $100K | $218K | 10x | as long as short |
| dYdX MON-USD | +0.0100% | 1h | 0.02501 | −0.198% | $12K | — | 5x | as long as short |
| Pacifica MON | +0.0100% | 1h | 0.02499 | −0.261% | $138K | $92K | 3x | as long as short |
| Binance MONUSDT | +0.0100% | 4h | 0.02502 | −0.150% | $23.8M | $27.0M | 75x | as long as short |
| OKX MON-USDT-SWAP | +0.0100% | 4h | 0.02503 | −0.101% | $4.2M | $6.0M | 50x | as long as short |
| Bulk MON-USD | +0.0100% | 1h | 0.02510 | +0.183% | $103K | $1K | 10x | as long as short |
| Gate MON_USDT | +0.0100% | 4h | 0.02500 | −0.221% | $934K | $991K | 50x | as long as short |
| KuCoin MONUSDTM | +0.0100% | 4h | 0.02501 | −0.181% | $2.9M | $765K | 75x | as long as short |
| Bitget MONUSDT | +0.0100% | 4h | 0.02503 | −0.101% | $2.7M | $2.2M | 25x | as long as short |
| Variational Omni MONlong | +0.0100% | 8h | 0.02506 | long leg | $743K | $405K | — | |
| edgeX MONUSDC | +0.0100% | 4h | 0.02515 | +0.391% | $41K | $250K | 10x | as long as short |
| GRVT MON_USDT_Perp | +0.0100% | 4h | 0.02517 | +0.448% | $567K | $1.5M | 10x | as long as short |
| ApeX Omni MONUSDT | +0.0100% | 1h | 0.02517 | +0.458% | $68K | $521K | 50x | as long as short |
| SoDEX MON-USD | +0.0100% | 1h | 0.02500 | −0.221% | $5K | $6K | 5x | as long as short |
| Extended MON-USD | +0.0104% | 1h | 0.02503 | −0.082% | $50K | $270K | 10x | as long as short |
| Aevo MON-PERP | +0.0104% | 1h | 0.02499 | −0.241% | $38K | — | 3x | as long as short |
| 01 Exchange MONUSD | +0.0200% | 1h | 0.02497 | −0.333% | $6K | $1K | 5x | as long as short |
| GMX MON/USD [ETH-USDC] | L +0.0260% / S −0.0429% | 1h | 0.02500 | −0.237% | $9K | — | 50x | as long as short |
| Aftermath Perps MONUSD | +0.0322% | 1h | 0.02509 | +0.125% | $2K | $78K | 10x | as long as short |
| BloFin MON-USDT | +0.0340% | 4h | 0.02500 | −0.221% | $1.3M | $338K | 75x | as long as short |
| Coinbase International MON-PERP-INTX | +0.0368% | 1h | 0.02530 | +0.976% | $110K | $57K | 50x | as long as short |
| Perpl MON | +0.0447% | 43m | 0.02502 | −0.133% | $113K | $2.2M | 10x | as long as short |
| Kraken Futures PF_MONUSD | +0.0728% | 1h | 0.02503 | −0.091% | $269K | $113K | 10x | as long as short |
Aster MONUSDT
dYdX MON-USD
Pacifica MON
Binance MONUSDT
OKX MON-USDT-SWAP
Bulk MON-USD
Gate MON_USDT
KuCoin MONUSDTM
Bitget MONUSDT
edgeX MONUSDC
GRVT MON_USDT_Perp
ApeX Omni MONUSDT
SoDEX MON-USD
Extended MON-USD
Aevo MON-PERP
01 Exchange MONUSD
GMX MON/USD [ETH-USDC]
Aftermath Perps MONUSD
BloFin MON-USDT
Coinbase International MON-PERP-INTX
Perpl MON
Kraken Futures PF_MONUSD