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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0228%/8h= −25.0% APRpaid last 24h +0.074%
Price spread now: 01 Exchange against Binance−0.027%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and 01 Exchange is 0.027% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance MONUSDT0.025740.0100pay 0.0050% / 4h2h 51m$24.5M$24.6M75x
Short01 Exchange MONUSD0.02573−0.0128pay 0.0016% / 1h51m 18s$6K$1K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$47.88
Price spread: −0.027% → 0.000%
−$2.72
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$67.6
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Binance: 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 Binance live order book, 5 min ago1.93 bp12.8 bp −$1349.6 bp −$496406.7 bp −$40.7Kdoesn'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
Injective MON/USDC PERP−0.0739%1h0.02587+0.505%$6K$1075.5xas long as short
01 Exchange MONUSDshort−0.0128%1h0.02573−0.027%$6K$1K5x
Bybit MONUSDT−0.0001%8h0.02573−0.047%$21.5M$11.8M50xas long as short
Phoenix MON0.0000%1h0.02574−0.016%$13K$384K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02577+0.120%$62K$110K25xas long as short
Orderly PERP_MON_USDC+0.0092%4h0.02575+0.039%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02578+0.155%$845K$753K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02574−0.017%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02578+0.138%$347K$535K10xas long as short
Hyperliquid MON+0.0100%1h0.02578+0.144%$34.7M$7.5M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02577+0.116%$107K$233K10xas long as short
dYdX MON-USD+0.0100%1h0.02577+0.118%$13K5xas long as short
Pacifica MON+0.0100%1h0.02575+0.039%$142K$108K3xas long as short
Binance MONUSDTlong+0.0100%4h0.02574long leg$24.5M$24.6M75x
OKX MON-USDT-SWAP+0.0100%4h0.02573−0.039%$4.4M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02575+0.039%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02576+0.078%$999K$926K50xas long as short
Bitget MONUSDT+0.0100%4h0.02576+0.078%$2.7M$1.8M25xas long as short
Variational Omni MON+0.0100%8h0.02579+0.213%$775K$403Kas long as short
edgeX MONUSDC+0.0100%4h0.02576+0.062%$47K$242K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02587+0.523%$582K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02576+0.078%$69K$482K50xas long as short
SoDEX MON-USD+0.0100%1h0.02575+0.039%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02578+0.140%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02575+0.019%$39K3xas long as short
BloFin MON-USDT+0.0123%4h0.02572−0.078%$1.4M$241K75xas long as short
Kraken Futures PF_MONUSD+0.0132%1h0.02578+0.151%$262K$63K10xas long as short
Backpack MON_USDC_PERP+0.0177%1h0.02576+0.078%$136K$138K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0313% / S −0.1052%1h0.02576+0.093%$13K50xas long as short
KuCoin MONUSDTM+0.0356%4h0.02579+0.194%$3.1M$790K75xas long as short
Aftermath Perps MONUSD+0.0411%1h0.02585+0.445%$2K$73K10xas long as short
Perpl MON+0.0447%43m0.02574+0.016%$144K$1.8M10xas long as short
Coinbase International MON-PERP-INTX+0.0648%1h0.02625+1.993%$115K$51K50xas long as short