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

MON

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: dYdX against Bitget+0.033%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 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: dYdX is 0.033% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MONUSDT0.025430.0100pay 0.0050% / 4h2h 54m$2.7M$2.0M25x
ShortdYdX MON-USD0.025440.0100get 0.0013% / 1h54m 34s$13K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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: +0.033% → 0.000%
$3.28
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$18.72
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 3 min ago; dYdX: 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, 3 min ago7.85 bp23.4 bp −$2374.8 bp −$748doesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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
ApeX Omni MONUSDT−0.0850%1h0.02545+0.079%$68K$489K50xas long as short
Injective MON/USDC PERP−0.0388%1h0.02541−0.079%$6K$1065.5xas long as short
01 Exchange MONUSD−0.0096%1h0.02538−0.185%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02549+0.244%$13K$349K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02541−0.087%$69K$119K25xas long as short
Bybit MONUSDT+0.0055%8h0.02535−0.315%$21.1M$12.3M50xas long as short
Orderly PERP_MON_USDC+0.0060%4h0.02539−0.157%$16K$58K10xas long as short
Paradex MON-USD-PERP+0.0094%8h0.02540−0.126%$8K$425xas long as short
Lighter MON+0.0096%1h0.02544+0.039%$848K$740K10xas long as short
Nado MON-PERP+0.0100%1h0.02547+0.145%$403K$537K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02543+0.013%$106K$227K10xas long as short
dYdX MON-USDshort+0.0100%1h0.02544+0.033%$13K5x
Pacifica MON+0.0100%1h0.025430.000%$141K$103K3xas long as short
Binance MONUSDT+0.0100%4h0.02540−0.136%$24.3M$25.7M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02539−0.157%$4.3M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02545+0.096%$106K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02542−0.039%$955K$884K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.025430.000%$2.9M$740K75xas long as short
Bitget MONUSDTlong+0.0100%4h0.02543long leg$2.7M$2.0M25x
Backpack MON_USDC_PERP+0.0100%1h0.02544+0.059%$120K$160K10xas long as short
Variational Omni MON+0.0100%8h0.02538−0.192%$764K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02548+0.187%$44K$247K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02548+0.197%$572K$1.5M10xas long as short
SoDEX MON-USD+0.0100%1h0.02540−0.118%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02546+0.122%$49K$520K10xas long as short
Aevo MON-PERP+0.0104%1h0.02539−0.177%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02540−0.110%$8K50xas long as short
Aftermath Perps MONUSD+0.0334%1h0.02559+0.633%$4K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02541−0.079%$1.4M$308K75xas long as short
Hyperliquid MON+0.0360%1h0.02546+0.110%$34.7M$7.5M5xas long as short
Perpl MON+0.0447%43m0.02544+0.028%$115K$2.1M10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02548+0.181%$111K$51K50xas long as short
Kraken Futures PF_MONUSD+0.0841%1h0.02543−0.009%$277K$88K10xas long as short