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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Aster+0.135%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1201.204% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.066%−$7 · spread now +0.135%, 7d avg +0.080%
Together, before fees−0.058%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board−$6 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: Extended is 0.055% dearer against Aster than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.080%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MONUSDT0.025170.0100pay 0.0050% / 4h2h 00m$100K$221K10x
ShortExtended MON-USD0.025200.0104get 0.0013% / 1h0m 49s$53K$262K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Aster. 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
$0.84
Price spread: +0.135% → +0.080%
$5.5
Slippage, 4 orders
−$107.36
Fee Aster: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$114.02
Costs to cover
1.204%
Break-even
957.2 days
Slippage from Aster: live order book, 46 min ago; Extended: live order book, 47 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 Aster live order book, 46 min ago14.04 bp37.4 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 47 min ago4.01 bp27.3 bp −$27184.9 bp −$1,849doesn'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
Backpack MON_USDC_PERP−0.0064%1h0.02518+0.049%$114K$154K10xas long as short
Phoenix MON0.0000%1h0.02517+0.017%$12K$355K5xas long as short
Bybit MONUSDT+0.0018%8h0.02514−0.106%$20.7M$13.7M50xas long as short
Aftermath Perps MONUSD+0.0020%1h0.02519+0.096%$5K$97K10xas long as short
Injective MON/USDC PERP+0.0039%1h0.02506−0.424%$5K$1145.5xas long as short
01 Exchange MONUSD+0.0064%1h0.02519+0.096%$7K$2K5xas long as short
Orderly PERP_MON_USDC+0.0084%4h0.02517+0.013%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02517+0.013%$812K$776K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02517+0.002%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02522+0.228%$403K$578K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02519+0.108%$34.0M$7.8M5xas long as short
Aster MONUSDTlong+0.0100%4h0.02517long leg$100K$221K10x
dYdX MON-USD+0.0100%1h0.02519+0.081%$13K5xas long as short
Pacifica MON+0.0100%1h0.02520+0.120%$139K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02515−0.050%$23.9M$27.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02515−0.066%$4.2M$6.2M50xas long as short
Bulk MON-USD+0.0100%1h0.02520+0.127%$103K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02517+0.013%$942K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02520+0.132%$2.9M$767K75xas long as short
Bitget MONUSDT+0.0100%4h0.02517+0.013%$2.7M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02514−0.125%$746K$413Kas long as short
edgeX MONUSDC+0.0100%4h0.02517+0.026%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02520+0.130%$560K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02522+0.212%$68K$532K50xas long as short
SoDEX MON-USD+0.0100%1h0.02517+0.013%$5K$6K5xas long as short
Extended MON-USDshort+0.0104%1h0.02520+0.135%$53K$262K10x
Aevo MON-PERP+0.0104%1h0.02516−0.007%$38K3xas long as short
Deribit MON_USDC-PERPETUAL+0.0227%1h0.02518+0.037%$74K$135K25xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02515−0.062%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02522+0.212%$1.3M$349K75xas long as short
Perpl MON+0.0447%43m0.02518+0.069%$115K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0456%1h0.02542+1.026%$112K$56K50xas long as short
Kraken Futures PF_MONUSD+0.1010%1h0.02520+0.118%$271K$118K10xas long as short