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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Aevo against Bitget−0.370%52s7-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 5 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: Aevo is 0.370% cheaper against Bitget than usual: you would sell low and buy high, −$37 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MONUSDT0.025650.0100pay 0.0050% / 4h1h 00m$2.7M$1.8M25x
ShortAevo MON-PERP0.025560.0104get 0.0013% / 1h0m 30s$39K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Bitget. 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: −0.370% → 0.000%
−$37.04
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$64.2
Costs to cover
0.280%
Break-even
542.0 days
Slippage unknown: Bitget: live order book, 2 min ago; Aevo: 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 Bitget live order book, 2 min ago7.82 bp23.4 bp −$2362.0 bp −$620doesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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
Bybit MONUSDT−0.0070%8h0.02560−0.195%$21.2M$11.9M50xas long as short
Injective MON/USDC PERP−0.0053%1h0.02575+0.390%$6K$1095.5xas long as short
Phoenix MON0.0000%1h0.02561−0.136%$13K$362K5xas long as short
Perpl MON0.0000%43m0.02566+0.031%$128K$1.8M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02557−0.324%$69K$119K25xas long as short
Aftermath Perps MONUSD+0.0033%1h0.02562−0.114%$2K$74K10xas long as short
01 Exchange MONUSD+0.0048%1h0.02562−0.125%$6K$1K5xas long as short
Orderly PERP_MON_USDC+0.0066%4h0.02555−0.390%$17K$64K10xas long as short
Paradex MON-USD-PERP+0.0089%8h0.02560−0.186%$8K$425xas long as short
Lighter MON+0.0096%1h0.02561−0.156%$855K$784K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02565+0.012%$34.7M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02561−0.161%$108K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02560−0.208%$13K5xas long as short
Pacifica MON+0.0100%1h0.02560−0.179%$141K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02560−0.195%$24.4M$24.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02560−0.195%$4.3M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02555−0.390%$107K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02560−0.195%$991K$879K50xas long as short
Bitget MONUSDTlong+0.0100%4h0.02565long leg$2.7M$1.8M25x
Backpack MON_USDC_PERP+0.0100%1h0.02559−0.242%$127K$142K10xas long as short
Variational Omni MON+0.0100%8h0.02553−0.462%$770K$408Kas long as short
edgeX MONUSDC+0.0100%4h0.02560−0.202%$47K$244K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02559−0.234%$574K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02560−0.195%$68K$483K50xas long as short
Nado MON-PERP+0.0100%1h0.02563−0.080%$389K$544K10xas long as short
SoDEX MON-USD+0.0100%1h0.02556−0.351%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02561−0.162%$51K$407K10xas long as short
Aevo MON-PERPshort+0.0104%1h0.02556−0.370%$39K3x
Kraken Futures PF_MONUSD+0.0175%1h0.02559−0.248%$269K$78K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02556−0.339%$8K50xas long as short
KuCoin MONUSDTM+0.0260%4h0.02564−0.039%$3.0M$706K75xas long as short
BloFin MON-USDT+0.0340%4h0.02559−0.234%$1.4M$306K75xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02568+0.121%$113K$50K50xas long as short