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−0.0311%/8h= −34.0% APRnext payment $0.39 per $10,000 · paid last 24h −0.246%
Price spread now: dYdX against Aftermath Perps−0.401%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 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 against this trade now: funding costs −$9 a day on $10k at the current rate, and dYdX is 0.401% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$40 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps MONUSD0.025870.0411pay 0.0051% / 1h51m 37s$2K$73K10x
ShortdYdX MON-USD0.025770.0100get 0.0013% / 1h51m 37s$13K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Aftermath Perps. 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
−$65.27
Price spread: −0.401% → 0.000%
−$40.15
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$124.41
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; dYdX: 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 Aftermath Perps no order-book sample
Sell dYdX no order-book sample
Aftermath Perps and dYdX: 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%1h0.02587−0.016%$6K$1075.5xas long as short
01 Exchange MONUSD−0.0128%1h0.02573−0.546%$6K$1K5xas long as short
Bybit MONUSDT−0.0001%8h0.02573−0.577%$21.5M$11.8M50xas long as short
Phoenix MON0.0000%1h0.02574−0.534%$13K$384K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02578−0.380%$62K$104K25xas long as short
Orderly PERP_MON_USDC+0.0092%4h0.02577−0.403%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02575−0.480%$844K$753K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02574−0.536%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02579−0.316%$348K$535K10xas long as short
Hyperliquid MON+0.0100%1h0.02578−0.380%$34.7M$7.4M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02577−0.392%$107K$233K10xas long as short
dYdX MON-USDshort+0.0100%1h0.02577−0.401%$13K5x
Pacifica MON+0.0100%1h0.02575−0.480%$142K$108K3xas long as short
Binance MONUSDT+0.0100%4h0.02574−0.518%$24.5M$24.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02572−0.596%$4.4M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02575−0.480%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02576−0.441%$999K$926K50xas long as short
Bitget MONUSDT+0.0100%4h0.02576−0.441%$2.7M$1.8M25xas long as short
Variational Omni MON+0.0100%8h0.02579−0.307%$775K$403Kas long as short
edgeX MONUSDC+0.0100%4h0.02586−0.065%$48K$242K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02587+0.002%$582K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02587−0.016%$69K$482K50xas long as short
SoDEX MON-USD+0.0100%1h0.02576−0.441%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02577−0.390%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02573−0.569%$39K3xas long as short
Kraken Futures PF_MONUSD+0.0132%1h0.02580−0.291%$262K$63K10xas long as short
BloFin MON-USDT+0.0132%4h0.02575−0.480%$1.4M$241K75xas long as short
Backpack MON_USDC_PERP+0.0177%1h0.02576−0.441%$136K$138K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0313% / S −0.1052%1h0.02577−0.383%$13K50xas long as short
KuCoin MONUSDTM+0.0356%4h0.02579−0.325%$3.1M$790K75xas long as short
Aftermath Perps MONUSDlong+0.0411%1h0.02587long leg$2K$73K10x
Perpl MON+0.0447%43m0.02577−0.403%$145K$1.8M10xas long as short
Coinbase International MON-PERP-INTX+0.0648%1h0.02625+1.464%$115K$51K50xas long as short