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+0.0278%/8h= +30.4% APRnext payment +$0.35 per $10,000 · paid last 24h −0.183%
Price spread now: GMX against Aftermath Perps+0.093%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 +$8 a day on $10k at the current rate, and GMX is 0.093% dearer against Aftermath Perps than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps MONUSD0.025860.0320pay 0.0040% / 1h39m 46s$2K$73K10x
ShortGMX MON/USD [ETH-USDC]0.02589L +0.0261% / S −0.0598%get 0.0075% / 1h39m 46s$9K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$58.28
Price spread: +0.093% → 0.000%
$9.35
Slippage, 4 orders
no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee GMX: 6 bp × 2 orders
−$12
Net
$46.63
Costs to cover
0.210%
Break-even
1.4 days
Slippage unknown: Aftermath Perps: 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 Aftermath Perps no order-book sample
Sell GMX no order-book sample
Aftermath Perps 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+0.024%$6K$1075.5xas long as short
01 Exchange MONUSD−0.0200%1h0.02585−0.065%$6K$1K5xas long as short
Deribit MON_USDC-PERPETUAL−0.0097%1h0.02590+0.121%$63K$110K25xas long as short
Phoenix MON0.0000%1h0.02587+0.032%$13K$384K5xas long as short
Bybit MONUSDT+0.0013%8h0.02584−0.092%$21.6M$11.8M50xas long as short
BloFin MON-USDT+0.0086%4h0.02587+0.024%$1.4M$243K75xas long as short
Orderly PERP_MON_USDC+0.0093%4h0.02586−0.015%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02589+0.101%$848K$753K10xas long as short
Paradex MON-USD-PERP+0.0098%8h0.02586−0.016%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02588+0.048%$353K$535K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02587+0.012%$34.9M$7.4M5xas long as short
Aster MONUSDT+0.0100%4h0.02587+0.038%$108K$233K10xas long as short
dYdX MON-USD+0.0100%1h0.02588+0.057%$13K5xas long as short
Pacifica MON+0.0100%1h0.02586−0.003%$143K$107K3xas long as short
Binance MONUSDT+0.0100%4h0.02585−0.041%$24.6M$24.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02584−0.092%$4.4M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02581−0.215%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02587+0.024%$1.0M$929K50xas long as short
Bitget MONUSDT+0.0100%4h0.02588+0.063%$2.7M$1.8M25xas long as short
Variational Omni MON+0.0100%8h0.02584−0.111%$777K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02583−0.128%$47K$243K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02586−0.015%$581K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02583−0.131%$69K$482K50xas long as short
SoDEX MON-USD+0.0100%1h0.02587+0.024%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02588+0.048%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02587+0.020%$39K3xas long as short
Kraken Futures PF_MONUSD+0.0132%1h0.02590+0.131%$263K$63K10xas long as short
Backpack MON_USDC_PERP+0.0257%1h0.02590+0.124%$137K$137K10xas long as short
GMX MON/USD [ETH-USDC]shortL +0.0261% / S −0.0598%1h0.02589+0.093%$9K50x
Aftermath Perps MONUSDlong+0.0320%1h0.02586long leg$2K$73K10x
KuCoin MONUSDTM+0.0344%4h0.02593+0.256%$3.2M$747K75xas long as short
Perpl MON+0.0447%43m0.02587+0.008%$145K$1.8M10xas long as short
Coinbase International MON-PERP-INTX+0.0648%1h0.02595+0.353%$114K$51K50xas long as short