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+0.0140%/8h= +15.3% APRnext payment +$0.18 per $10,000 · paid last 24h +0.031%
Price spread now: 01 Exchange against ApeX Omni−0.064%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 feesneeds both histories
Funding pays, the price is against you. 01 Exchange is 0.064% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.064% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 37 hours of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni MONUSDT0.024980.0100pay 0.0013% / 1h37m 28s$68K$534K50x
Short01 Exchange MONUSD0.024960.0240get 0.0030% / 1h37m 28s$7K$2K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
$29.4
Price spread: −0.064% → 0.000%
−$6.41
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
$5.99
Costs to cover
0.170%
Break-even
5.6 days
Slippage unknown: ApeX Omni: live order book, 5 min ago; 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 ApeX Omni live order book, 5 min ago10.01 bp18.4 bp −$18119.4 bp −$1,194doesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
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
Phoenix MON0.0000%1h0.02503+0.196%$13K$353K5xas long as short
Bybit MONUSDT+0.0058%8h0.02494−0.160%$20.5M$13.7M50xas long as short
Orderly PERP_MON_USDC+0.0086%4h0.02495−0.120%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02497−0.040%$801K$787K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02494−0.142%$7K$425xas long as short
Nado MON-PERP+0.0100%1h0.02499+0.036%$397K$572K10xas long as short
Aster MONUSDT+0.0100%4h0.02497−0.056%$99K$221K10xas long as short
dYdX MON-USD+0.0100%1h0.02494−0.147%$12K5xas long as short
Pacifica MON+0.0100%1h0.02496−0.064%$138K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02497−0.040%$23.7M$27.5M75xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MON-USDT-SWAP+0.0100%4h0.02497−0.040%$4.2M$6.2M50xas long as short
Bulk MON-USD+0.0100%1h0.02500+0.080%$103K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02495−0.120%$934K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02499+0.040%$2.8M$762K75xas long as short
Bitget MONUSDT+0.0100%4h0.02496−0.080%$2.7M$2.2M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02497−0.056%$111K$155K10xas long as short
Variational Omni MON+0.0100%8h0.02496−0.098%$741K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02493−0.199%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02500+0.080%$555K$1.5M10xas long as short
ApeX Omni MONUSDTlong+0.0100%1h0.02498long leg$68K$534K50x
SoDEX MON-USD+0.0100%1h0.02494−0.160%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02500+0.071%$48K$266K10xas long as short
Aevo MON-PERP+0.0104%1h0.02494−0.144%$38K3xas long as short
Injective MON/USDC PERP+0.0109%1h0.02503+0.200%$5K$1105.5xas long as short
Deribit MON_USDC-PERPETUAL+0.0191%1h0.02496−0.072%$73K$135K25xas long as short
Aftermath Perps MONUSD+0.0203%1h0.02498−0.020%$6K$98K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0246%1h0.02496−0.096%$6K50xas long as short
01 Exchange MONUSDshort+0.0240%1h0.02496−0.064%$7K$2K5x
BloFin MON-USDT+0.0340%4h0.02496−0.080%$1.3M$343K75xas long as short
Hyperliquid MON+0.0407%1h0.02499+0.060%$33.8M$7.8M5xas long as short
Perpl MON+0.0447%43m0.02497−0.044%$114K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0576%1h0.02508+0.408%$110K$54K50xas long as short
Kraken Futures PF_MONUSD+0.0846%1h0.02499+0.055%$268K$118K10xas long as short