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: Variational Omni against Binance+0.122%7-day average −0.104% · 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)−0.028%−$3 on $10k
Price spread, last 4 days (all we have)+0.278%+$28 · spread now +0.122%, 7d avg −0.104%
Together, before fees+0.250%+ Points / potential airdropVariational Omni: Active · farm board+$25 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: Variational Omni is 0.227% dearer against Binance than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of −0.104%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MONUSDT0.025180.0100pay 0.0050% / 4h54m 45s$23.9M$26.6M75x
ShortVariational Omni MON0.025210.0100get 0.0100% / 8h4h 54m$748K$405K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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: +0.122% → −0.104%
$22.65
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$12.65
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Binance: live order book, 1 min ago; Variational Omni: RFQ quote, 4 min ago. 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, 1 min ago1.99 bp18.5 bp −$1955.3 bp −$553448.3 bp −$44.8Kdoesn't fit
Sell Variational Omni RFQ quote, 4 min ago13.92 bpdoesn't fit117.3 bp −$1,173doesn'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
Phoenix MON−0.0316%1h0.02517−0.040%$12K$359K5xas long as short
Backpack MON_USDC_PERP−0.0298%1h0.02520+0.083%$111K$151K10xas long as short
01 Exchange MONUSD−0.0192%1h0.02519+0.060%$6K$1K5xas long as short
Injective MON/USDC PERP−0.0176%1h0.02517−0.040%$5K$1095.5xas long as short
Deribit MON_USDC-PERPETUAL−0.0147%1h0.02519+0.032%$68K$126K25xas long as short
Bybit MONUSDT−0.0136%8h0.02517−0.028%$20.7M$13.2M50xas long as short
Perpl MON0.0000%43m0.02519+0.052%$108K$2.3M10xas long as short
Orderly PERP_MON_USDC+0.0082%4h0.02519+0.040%$16K$41K10xas long as short
Lighter MON+0.0096%1h0.02521+0.119%$840K$735K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02518−0.014%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02522+0.151%$411K$543K10xas long as short
Hyperliquid MON+0.0100%1h0.02521+0.115%$34.1M$7.4M5xas long as short
Aster MONUSDT+0.0100%4h0.02522+0.143%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02521+0.101%$13K5xas long as short
Pacifica MON+0.0100%1h0.02521+0.119%$140K$92K3xas long as short
Binance MONUSDTlong+0.0100%4h0.02518long leg$23.9M$26.6M75x
OKX MON-USDT-SWAP+0.0100%4h0.02517−0.040%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02515−0.119%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02521+0.119%$954K$968K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02522+0.159%$2.8M$746K75xas long as short
Bitget MONUSDT+0.0100%4h0.02522+0.159%$2.7M$2.1M25xas long as short
Variational Omni MONshort+0.0100%8h0.02521+0.122%$748K$405K
edgeX MONUSDC+0.0100%4h0.02511−0.264%$41K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02519+0.020%$563K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02517−0.040%$68K$505K50xas long as short
SoDEX MON-USD+0.0100%1h0.02517−0.040%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02523+0.203%$52K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02519+0.048%$38K3xas long as short
Aftermath Perps MONUSD+0.0257%1h0.02520+0.097%$2K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02519+0.060%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.025180.000%$1.3M$326K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02534+0.635%$112K$56K50xas long as short
Kraken Futures PF_MONUSD+0.0540%1h0.02521+0.133%$268K$113K10xas long as short