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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bulk against Bitget+0.019%7-day average −0.053% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$830.833% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.169%−$17 · spread now +0.019%, 7d avg −0.053%
Together, before fees−0.172%−$17 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: Bulk is 0.072% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MONUSDT0.025210.0100pay 0.0050% / 4h3h 33m$2.7M$2.2M25x
ShortBulk MON-USD0.025210.0100get 0.0013% / 1h33m 58s$103K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bulk 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
Price spread: +0.019% → −0.053%
$7.18
Slippage, 4 orders
−$64.28
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bulk: 3.5 bp × 2 orders
−$7
Net
−$76.1
Costs to cover
0.833%
Break-even
never at this rate
Slippage from Bitget: live order book, 3 min ago; Bulk: live order book, 20 min ago.

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, 3 min ago3.96 bp15.9 bp −$1641.1 bp −$411doesn't fitdoesn't fit
Sell Bulk live order book, 20 min ago19.80 bp23.3 bp −$2347.8 bp −$478165.1 bp −$16.5Kdoesn'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
Injective MON/USDC PERP−0.0203%1h0.02528+0.278%$5K$1115.5xas long as short
Bybit MONUSDT−0.0030%8h0.02519−0.091%$20.7M$13.4M50xas long as short
Phoenix MON0.0000%1h0.02522+0.036%$12K$358K5xas long as short
Orderly PERP_MON_USDC+0.0073%4h0.02520−0.040%$16K$46K10xas long as short
Lighter MON+0.0096%1h0.02522+0.040%$845K$732K10xas long as short
Backpack MON_USDC_PERP+0.0096%1h0.02522+0.020%$112K$151K10xas long as short
Paradex MON-USD-PERP+0.0097%8h0.02521−0.005%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02525+0.151%$413K$584K10xas long as short
Hyperliquid MON+0.0100%1h0.02522+0.036%$34.0M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02521−0.012%$101K$222K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02521−0.009%$13K5xas long as short
Pacifica MON+0.0100%1h0.02523+0.079%$139K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02520−0.050%$24.0M$26.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02520−0.040%$4.2M$6.0M50xas long as short
Bulk MON-USDshort+0.0100%1h0.02521+0.019%$103K$2K10x
Gate MON_USDT+0.0100%4h0.025210.000%$943K$982K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02524+0.119%$2.9M$761K75xas long as short
Bitget MONUSDTlong+0.0100%4h0.02521long leg$2.7M$2.2M25x
Variational Omni MON+0.0100%8h0.02519−0.097%$746K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02521+0.006%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02520−0.048%$567K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02523+0.079%$68K$518K50xas long as short
SoDEX MON-USD+0.0100%1h0.02520−0.040%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02522+0.024%$48K$519K10xas long as short
Aevo MON-PERP+0.0104%1h0.02512−0.357%$38K3xas long as short
Deribit MON_USDC-PERPETUAL+0.0107%1h0.02521−0.004%$74K$136K25xas long as short
01 Exchange MONUSD+0.0200%1h0.02522+0.024%$6K$1K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02520−0.044%$9K50xas long as short
Aftermath Perps MONUSD+0.0322%1h0.02521−0.014%$2K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.025210.000%$1.3M$340K75xas long as short
Coinbase International MON-PERP-INTX+0.0368%1h0.02526+0.210%$110K$57K50xas long as short
Perpl MON+0.0447%43m0.02522+0.044%$114K$2.3M10xas long as short
Kraken Futures PF_MONUSD+0.0722%1h0.02524+0.117%$271K$113K10xas long as short