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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0031%/8h= −3.4% APRpaid last 24h 0.000%
Price spread now: Paradex against Aster−0.080%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 fees+ Points / potential airdropAster: Stage 5 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Paradex is 0.080% cheaper against Aster than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster MONUSDT0.025810.0100pay 0.0050% / 4h1h 50m$107K$230K10x
ShortParadex MON-USD-PERP0.025790.0069get 0.0069% / 8h1h 50m$8K$425x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$6.46
Price spread: −0.080% → 0.000%
−$8.01
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$26.47
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Aster: live order book, 31 min ago; Paradex: 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 Aster live order book, 31 min ago17.30 bp50.5 bp −$51doesn't fitdoesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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
01 Exchange MONUSD−0.0144%1h0.02580−0.026%$6K$1K5xas long as short
Injective MON/USDC PERP−0.0053%1h0.02582+0.040%$6K$1075.5xas long as short
Bybit MONUSDT−0.0030%8h0.02577−0.154%$21.5M$11.8M50xas long as short
Phoenix MON0.0000%1h0.02596+0.571%$13K$362K5xas long as short
Perpl MON0.0000%43m0.02579−0.057%$144K$1.8M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02580−0.030%$70K$119K25xas long as short
Aftermath Perps MONUSD+0.0039%1h0.02587+0.245%$2K$74K10xas long as short
Paradex MON-USD-PERPshort+0.0069%8h0.02579−0.080%$8K$425x
Orderly PERP_MON_USDC+0.0075%4h0.02579−0.076%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02581+0.001%$846K$763K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02581+0.008%$392K$533K10xas long as short
Hyperliquid MON+0.0100%1h0.02581+0.001%$34.9M$7.5M5xas long as short
Aster MONUSDTlong+0.0100%4h0.02581long leg$107K$230K10x
dYdX MON-USD+0.0100%1h0.02580−0.045%$13K5xas long as short
Pacifica MON+0.0100%1h0.02580−0.038%$142K$106K3xas long as short
Binance MONUSDT+0.0100%4h0.02579−0.087%$24.5M$24.7M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02576−0.193%$4.4M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02580−0.038%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02580−0.038%$1.0M$862K50xas long as short
Bitget MONUSDT+0.0100%4h0.02579−0.076%$2.7M$1.8M25xas long as short
Variational Omni MON+0.0100%8h0.02588+0.283%$779K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02586+0.211%$47K$243K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02596+0.594%$584K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02582+0.040%$69K$480K50xas long as short
SoDEX MON-USD+0.0100%1h0.02579−0.076%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02582+0.058%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02579−0.076%$39K3xas long as short
Kraken Futures PF_MONUSD+0.0173%1h0.02585+0.138%$266K$70K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02580−0.022%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02578−0.115%$1.4M$293K75xas long as short
KuCoin MONUSDTM+0.0344%4h0.02588+0.272%$3.2M$749K75xas long as short
Backpack MON_USDC_PERP+0.0449%1h0.02580−0.049%$138K$137K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02607+0.997%$114K$49K50xas long as short