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−0.0216%/8h= −23.7% APRnext payment $0.27 per $10,000 · paid last 24h +0.073%
Price spread now: 01 Exchange against Aevo+0.124%45s7-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
The price spread pays, funding is against you. 01 Exchange is 0.124% dearer against Aevo than usual: you sell high and buy low (spread +0.124% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 46 hours. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo MON-PERP0.025850.0104pay 0.0013% / 1h46m 27s$39K3x
Short01 Exchange MONUSD0.02589−0.0112pay 0.0014% / 1h46m 27s$6K$1K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$45.36
Price spread: +0.124% → 0.000%
$12.38
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$55.98
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Aevo: no order-book sample; 01 Exchange: 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 01 Exchange no order-book sample
Aevo and 01 Exchange: 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+0.058%$6K$1075.5xas long as short
01 Exchange MONUSDshort−0.0112%1h0.02589+0.124%$6K$1K5x
Phoenix MON0.0000%1h0.02579−0.232%$13K$384K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02587+0.077%$63K$110K25xas long as short
Bybit MONUSDT+0.0012%8h0.02584−0.058%$21.6M$11.8M50xas long as short
Orderly PERP_MON_USDC+0.0092%4h0.02585−0.019%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02589+0.135%$848K$753K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02587+0.064%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02592+0.237%$349K$534K10xas long as short
Hyperliquid MON+0.0100%1h0.02591+0.201%$34.9M$7.5M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02588+0.104%$108K$233K10xas long as short
dYdX MON-USD+0.0100%1h0.02587+0.070%$13K5xas long as short
Pacifica MON+0.0100%1h0.02587+0.058%$143K$107K3xas long as short
Binance MONUSDT+0.0100%4h0.02587+0.041%$24.6M$24.5M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02583−0.097%$4.4M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02575−0.406%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02587+0.058%$1.0M$928K50xas long as short
Bitget MONUSDT+0.0100%4h0.02590+0.174%$2.8M$1.8M25xas long as short
Variational Omni MON+0.0100%8h0.02573−0.502%$773K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02578−0.293%$47K$243K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02581−0.173%$580K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02578−0.290%$69K$482K50xas long as short
SoDEX MON-USD+0.0100%1h0.02585−0.019%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02589+0.124%$52K$407K10xas long as short
Aevo MON-PERPlong+0.0104%1h0.02585long leg$39K3x
Kraken Futures PF_MONUSD+0.0132%1h0.02587+0.063%$263K$63K10xas long as short
BloFin MON-USDT+0.0155%4h0.02587+0.058%$1.4M$243K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02587+0.058%$9K50xas long as short
Backpack MON_USDC_PERP+0.0268%1h0.02586+0.019%$137K$137K10xas long as short
KuCoin MONUSDTM+0.0360%4h0.02593+0.290%$3.2M$789K75xas long as short
Aftermath Perps MONUSD+0.0391%1h0.02584−0.051%$2K$73K10xas long as short
Perpl MON+0.0447%43m0.02589+0.124%$145K$1.8M10xas long as short
Coinbase International MON-PERP-INTX+0.0648%1h0.02625+1.539%$115K$51K50xas long as short