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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against ApeX Omni+0.320%7-day average −0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$960.955% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 4 days (all we have)−0.649%−$65 · spread now +0.320%, 7d avg −0.020%
Together, before fees−0.655%−$66 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.340% dearer against ApeX Omni than usual: you sell high and buy low, +$34 on $10k if it goes back to its 7-day average of −0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MONUSDT0.025030.0100pay 0.0013% / 1h30m 55s$67K$508K50x
ShortGate MON_USDT0.025110.0100get 0.0050% / 4h30m 55s$952K$986K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against ApeX Omni. 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
Price spread: +0.320% → −0.020%
$33.99
Slippage, 4 orders
−$70.5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$61.51
Costs to cover
0.955%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 27 min ago; Gate: live order book, 26 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 27 min ago13.93 bp23.7 bp −$24106.2 bp −$1,062doesn't fitdoesn't fit
Sell Gate live order book, 26 min ago7.92 bp25.5 bp −$26297.0 bp −$2,970doesn't fitdoesn't fit

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
01 Exchange MONUSD−0.0360%1h0.02513+0.388%$6K$1K5xas long as short
Backpack MON_USDC_PERP−0.0250%1h0.02513+0.404%$113K$152K10xas long as short
Injective MON/USDC PERP−0.0176%1h0.02498−0.200%$5K$1125.5xas long as short
Bybit MONUSDT−0.0160%8h0.02511+0.320%$20.6M$13.3M50xas long as short
Phoenix MON0.0000%1h0.02501−0.096%$12K$359K5xas long as short
Perpl MON0.0000%43m0.02512+0.360%$108K$2.3M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02511+0.336%$74K$136K25xas long as short
Orderly PERP_MON_USDC+0.0071%4h0.02511+0.320%$16K$41K10xas long as short
Variational Omni MON+0.0077%8h0.02509+0.242%$741K$409Kas long as short
Paradex MON-USD-PERP+0.0090%8h0.02510+0.277%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MON+0.0096%1h0.02512+0.360%$846K$749K10xas long as short
Hyperliquid MON+0.0100%1h0.02513+0.400%$33.9M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02512+0.374%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02510+0.271%$13K5xas long as short
Pacifica MON+0.0100%1h0.02511+0.316%$138K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02512+0.344%$23.9M$26.8M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02512+0.360%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02495−0.329%$102K$5K10xas long as short
Gate MON_USDTshort+0.0100%4h0.02511+0.320%$952K$986K50x
KuCoin MONUSDTM+0.0100%4h0.02511+0.320%$2.8M$752K75xas long as short
Bitget MONUSDT+0.0100%4h0.02514+0.439%$2.7M$2.2M25xas long as short
edgeX MONUSDC+0.0100%4h0.02496−0.272%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02499−0.147%$560K$1.5M10xas long as short
ApeX Omni MONUSDTlong+0.0100%1h0.02503long leg$67K$508K50x
Nado MON-PERP+0.0100%1h0.02512+0.376%$428K$573K10xas long as short
SoDEX MON-USD+0.0100%1h0.02511+0.320%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02514+0.433%$48K$521K10xas long as short
Aevo MON-PERP+0.0104%1h0.02510+0.300%$38K3xas long as short
Aftermath Perps MONUSD+0.0243%1h0.02502−0.029%$2K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02511+0.332%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02510+0.280%$1.3M$339K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02517+0.567%$110K$58K50xas long as short
Kraken Futures PF_MONUSD+0.0542%1h0.02514+0.440%$270K$114K10xas long as short