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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0948%/8h= +103.8% APRnext payment +$1.18 per $10,000 · paid last 24h +0.062%
Price spread now: GMX against Aevo+0.050%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and GMX is 0.050% dearer against Aevo than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MON-PERP0.025820.0104pay 0.0013% / 1h48m 05s$39K3x
ShortGMX MON/USD [ETH-USDC]0.02583L +0.0261% / S −0.1052%get 0.0131% / 1h48m 05s$13K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Aevo. 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
$199.05
Price spread: +0.050% → 0.000%
$5.03
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee GMX: 6 bp × 2 orders
−$12
Net
$176.09
Costs to cover
0.280%
Break-even
0.8 days
Slippage unknown: Aevo: no order-book sample; GMX: 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 Aevo no order-book sample
Sell GMX no order-book sample
Aevo and GMX: 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 PERP−0.0739%1h0.02587+0.194%$6K$1075.5xas long as short
01 Exchange MONUSD−0.0120%1h0.02582−0.015%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02579−0.097%$13K$384K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02585+0.101%$63K$110K25xas long as short
Bybit MONUSDT+0.0007%8h0.02581−0.023%$21.6M$11.8M50xas long as short
BloFin MON-USDT+0.0066%4h0.02579−0.116%$1.4M$242K75xas long as short
Orderly PERP_MON_USDC+0.0092%4h0.02583+0.039%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02584+0.077%$847K$753K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02581−0.044%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02584+0.075%$348K$535K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02586+0.139%$34.8M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02584+0.067%$108K$233K10xas long as short
dYdX MON-USD+0.0100%1h0.02582+0.001%$13K5xas long as short
Pacifica MON+0.0100%1h0.02583+0.035%$143K$107K3xas long as short
Binance MONUSDT+0.0100%4h0.02583+0.039%$24.5M$24.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02580−0.077%$4.4M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02575−0.271%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02584+0.077%$1.0M$927K50xas long as short
Bitget MONUSDT+0.0100%4h0.02584+0.077%$2.7M$1.8M25xas long as short
Variational Omni MON+0.0100%8h0.02573−0.367%$773K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02576−0.248%$47K$242K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02577−0.175%$579K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02578−0.155%$69K$482K50xas long as short
SoDEX MON-USD+0.0100%1h0.02583+0.039%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02586+0.159%$52K$407K10xas long as short
Aevo MON-PERPlong+0.0104%1h0.02582long leg$39K3x
Kraken Futures PF_MONUSD+0.0132%1h0.02586+0.155%$263K$63K10xas long as short
Backpack MON_USDC_PERP+0.0243%1h0.02584+0.081%$137K$137K10xas long as short
GMX MON/USD [ETH-USDC]shortL +0.0261% / S −0.1052%1h0.02583+0.050%$13K50x
KuCoin MONUSDTM+0.0354%4h0.02587+0.194%$3.2M$788K75xas long as short
Aftermath Perps MONUSD+0.0398%1h0.02583+0.043%$2K$73K10xas long as short
Perpl MON+0.0447%43m0.02582+0.012%$145K$1.8M10xas long as short
Coinbase International MON-PERP-INTX+0.0648%1h0.02625+1.677%$115K$51K50xas long as short