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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: SoDEX against Binance+0.322%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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.322% dearer against Binance than usual: you sell high and buy low, +$32 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MONUSDT0.025860.0100pay 0.0050% / 4h3h 39m$24.7M$25.7M75x
ShortSoDEX MON-USD0.025940.0100get 0.0013% / 1h39m 39s$5K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Binance. 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: +0.322% → 0.000%
$32.16
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$14.16
Costs to cover
0.180%
Break-even
from the start
Slippage unknown: Binance: live order book, 2 min ago; SoDEX: 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 Binance live order book, 2 min ago1.93 bp15.7 bp −$1651.8 bp −$518466.2 bp −$46.6Kdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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−0.0444%1h0.02556−1.148%$6K$1055.5xas long as short
Phoenix MON0.0000%1h0.02587+0.035%$13K$351K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02596+0.391%$70K$119K25xas long as short
Orderly PERP_MON_USDC+0.0070%4h0.02593+0.283%$17K$64K10xas long as short
01 Exchange MONUSD+0.0072%1h0.02579−0.251%$6K$1K5xas long as short
Lighter MON+0.0096%1h0.02587+0.051%$859K$751K10xas long as short
Paradex MON-USD-PERP+0.0098%8h0.02580−0.229%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02598+0.488%$397K$541K10xas long as short
Hyperliquid MON+0.0100%1h0.02591+0.221%$35.2M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02591+0.201%$108K$231K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02589+0.140%$13K5xas long as short
Pacifica MON+0.0100%1h0.02586+0.020%$143K$104K3xas long as short
Binance MONUSDTlong+0.0100%4h0.02586long leg$24.7M$25.7M75x
Bybit MONUSDT+0.0100%8h0.02581−0.166%$21.4M$12.2M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02579−0.259%$4.4M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02550−1.380%$105K$2K10xas long as short
Gate MON_USDT+0.0100%4h0.02585−0.026%$987K$901K50xas long as short
Bitget MONUSDT+0.0100%4h0.02583−0.104%$2.8M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02594+0.310%$129K$141K10xas long as short
Variational Omni MON+0.0100%8h0.02584−0.061%$782K$407Kas long as short
edgeX MONUSDC+0.0100%4h0.02587+0.053%$44K$246K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02592+0.246%$587K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02568−0.684%$68K$483K50xas long as short
SoDEX MON-USDshort+0.0100%1h0.02594+0.322%$5K$6K5x
Extended MON-USD+0.0104%1h0.02588+0.084%$51K$482K10xas long as short
Aevo MON-PERP+0.0104%1h0.02594+0.322%$39K3xas long as short
Aftermath Perps MONUSD+0.0117%1h0.02576−0.383%$3K$76K10xas long as short
KuCoin MONUSDTM+0.0170%4h0.02591+0.206%$3.0M$724K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02595+0.349%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02588+0.090%$1.4M$310K75xas long as short
Perpl MON+0.0447%43m0.02595+0.349%$132K$1.9M10xas long as short
Kraken Futures PF_MONUSD+0.0460%1h0.02595+0.347%$272K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02593+0.295%$114K$50K50xas long as short