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−0.0011%/8h= −1.2% APRpaid last 24h −0.001%
Price spread now: Orderly against Aevo−0.012%7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MON-PERP0.025870.0104pay 0.0013% / 1h54m 30s$39K3x
ShortOrderly PERP_MON_USDC0.025870.0093get 0.0046% / 4h2h 54m$17K$64K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$2.39
Price spread: −0.012% → 0.000%
−$1.16
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$25.55
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Orderly: 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 Orderly no order-book sample
Aevo and Orderly: 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%1h0.02587−0.012%$6K$1075.5xas long as short
01 Exchange MONUSD−0.0400%1h0.02583−0.186%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02586−0.058%$13K$384K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02589+0.077%$64K$103K25xas long as short
Bybit MONUSDT+0.0002%8h0.02571−0.615%$21.5M$11.8M50xas long as short
Orderly PERP_MON_USDCshort+0.0093%4h0.02587−0.012%$17K$64K10x
Lighter MON+0.0096%1h0.02584−0.128%$847K$753K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02577−0.382%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02577−0.393%$347K$537K10xas long as short
Hyperliquid MON+0.0100%1h0.02575−0.472%$34.7M$7.4M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02585−0.089%$108K$233K10xas long as short
dYdX MON-USD+0.0100%1h0.02584−0.129%$13K5xas long as short
Pacifica MON+0.0100%1h0.02582−0.213%$143K$108K3xas long as short
Binance MONUSDT+0.0100%4h0.02575−0.456%$24.5M$24.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02570−0.669%$4.4M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02610+0.877%$110K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02580−0.282%$1.0M$926K50xas long as short
Bitget MONUSDT+0.0100%4h0.02576−0.437%$2.7M$1.8M25xas long as short
Variational Omni MON+0.0100%8h0.02579−0.302%$775K$403Kas long as short
edgeX MONUSDC+0.0100%4h0.02589+0.047%$48K$241K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02590+0.087%$580K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02587−0.012%$69K$482K50xas long as short
SoDEX MON-USD+0.0100%1h0.02588+0.027%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02582−0.190%$52K$407K10xas long as short
Aevo MON-PERPlong+0.0104%1h0.02587long leg$39K3x
Backpack MON_USDC_PERP+0.0130%1h0.02588+0.015%$136K$137K10xas long as short
Kraken Futures PF_MONUSD+0.0132%1h0.02589+0.054%$259K$59K10xas long as short
BloFin MON-USDT+0.0134%4h0.02587−0.012%$1.4M$242K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0313% / S −0.1052%1h0.02588+0.023%$13K50xas long as short
KuCoin MONUSDTM+0.0366%4h0.02588+0.027%$3.2M$790K75xas long as short
Aftermath Perps MONUSD+0.0417%1h0.02595+0.304%$2K$73K10xas long as short
Perpl MON+0.0447%43m0.02576−0.444%$144K$1.8M10xas long as short
Coinbase International MON-PERP-INTX+0.0648%1h0.02625+1.469%$115K$51K50xas long as short