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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h −0.001%
Price spread now: Paradex against Aevo−0.042%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.042% cheaper against Aevo than usual: you would sell low and buy high, −$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MON-PERP0.024960.0104pay 0.0013% / 1h37m 18s$38K3x
ShortParadex MON-USD-PERP0.024940.0100get 0.0100% / 8h1h 37m$7K$425x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$0.92
Price spread: −0.042% → 0.000%
−$4.22
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$25.14
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; Paradex: 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 Paradex no order-book sample
Aevo and 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phoenix MON0.0000%1h0.02503+0.297%$13K$353K5xas long as short
Bybit MONUSDT+0.0058%8h0.02496+0.004%$20.5M$13.7M50xas long as short
Orderly PERP_MON_USDC+0.0086%4h0.02496+0.020%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02497+0.060%$801K$787K10xas long as short
Paradex MON-USD-PERPshort+0.0100%8h0.02494−0.042%$7K$425x
Nado MON-PERP+0.0100%1h0.02499+0.136%$397K$572K10xas long as short
Aster MONUSDT+0.0100%4h0.02496+0.038%$99K$221K10xas long as short
dYdX MON-USD+0.0100%1h0.02494−0.047%$12K5xas long as short
Pacifica MON+0.0100%1h0.02496+0.036%$138K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02497+0.060%$23.7M$27.5M75xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MON-USDT-SWAP+0.0100%4h0.02497+0.060%$4.2M$6.2M50xas long as short
Bulk MON-USD+0.0100%1h0.02500+0.180%$103K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02495−0.020%$934K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02500+0.180%$2.9M$762K75xas long as short
Bitget MONUSDT+0.0100%4h0.02496+0.020%$2.7M$2.2M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02497+0.044%$111K$155K10xas long as short
Variational Omni MON+0.0100%8h0.02496+0.003%$741K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02493−0.099%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02500+0.180%$555K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02498+0.100%$68K$534K50xas long as short
SoDEX MON-USD+0.0100%1h0.02496+0.020%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02500+0.187%$48K$266K10xas long as short
Aevo MON-PERPlong+0.0104%1h0.02496long leg$38K3x
Injective MON/USDC PERP+0.0109%1h0.02503+0.301%$5K$1105.5xas long as short
Aftermath Perps MONUSD+0.0207%1h0.02497+0.061%$6K$98K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0246%1h0.024960.000%$6K50xas long as short
01 Exchange MONUSD+0.0240%1h0.02496+0.036%$7K$2K5xas long as short
BloFin MON-USDT+0.0340%4h0.02496+0.020%$1.3M$343K75xas long as short
Hyperliquid MON+0.0407%1h0.02499+0.160%$33.8M$7.8M5xas long as short
Deribit MON_USDC-PERPETUAL+0.0431%1h0.02497+0.076%$73K$135K25xas long as short
Perpl MON+0.0447%43m0.02497+0.056%$114K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0576%1h0.02508+0.509%$110K$54K50xas long as short
Kraken Futures PF_MONUSD+0.0845%1h0.02500+0.185%$269K$118K10xas long as short