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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0329%/8h= +36.1% APRpaid last 24h +0.084%
Price spread now: GMX against Bitget−0.020%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MONUSDT0.025130.0100pay 0.0050% / 4h4m 47s$2.7M$2.2M25x
ShortGMX MON/USD [ETH-USDC]0.02513L +0.0260% / S −0.0429%get 0.0054% / 1h4m 47s$9K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$69.15
Price spread: −0.020% → 0.000%
−$1.99
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
$43.16
Costs to cover
0.240%
Break-even
2.6 days
Slippage unknown: Bitget: live order book, 3 min ago; GMX: 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 ago5.96 bp22.3 bp −$2250.1 bp −$501doesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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−0.0176%1h0.02507−0.239%$5K$1145.5xas long as short
01 Exchange MONUSD−0.0152%1h0.02511−0.088%$6K$1K5xas long as short
Backpack MON_USDC_PERP−0.0109%1h0.02514+0.032%$114K$151K10xas long as short
Bybit MONUSDT−0.0103%8h0.02510−0.135%$20.7M$13.3M50xas long as short
Phoenix MON0.0000%1h0.02517+0.147%$12K$359K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02513−0.012%$74K$136K25xas long as short
Orderly PERP_MON_USDC+0.0072%4h0.02512−0.040%$16K$34K10xas long as short
Variational Omni MON+0.0093%8h0.02511−0.097%$743K$410Kas long as short
Paradex MON-USD-PERP+0.0095%8h0.02511−0.094%$8K$425xas long as short
Lighter MON+0.0096%1h0.02514+0.040%$846K$749K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02513+0.008%$425K$578K10xas long as short
Hyperliquid MON+0.0100%1h0.02514+0.024%$33.9M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02514+0.026%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02514+0.051%$13K5xas long as short
Pacifica MON+0.0100%1h0.02513+0.004%$139K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02511−0.091%$23.9M$26.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02510−0.119%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02510−0.120%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.025130.000%$942K$994K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02515+0.080%$2.8M$757K75xas long as short
Bitget MONUSDTlong+0.0100%4h0.02513long leg$2.7M$2.2M25x
edgeX MONUSDC+0.0100%4h0.02515+0.078%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02518+0.199%$564K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02516+0.119%$68K$513K50xas long as short
SoDEX MON-USD+0.0100%1h0.02512−0.040%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02513−0.004%$49K$519K10xas long as short
Aevo MON-PERP+0.0104%1h0.02511−0.076%$38K3xas long as short
GMX MON/USD [ETH-USDC]shortL +0.0260% / S −0.0429%1h0.02513−0.020%$9K50x
Aftermath Perps MONUSD+0.0269%1h0.02513+0.018%$2K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.025130.000%$1.3M$339K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02518+0.203%$110K$57K50xas long as short
Perpl MON+0.0447%43m0.02514+0.056%$118K$2.3M10xas long as short
Kraken Futures PF_MONUSD+0.0542%1h0.02515+0.080%$270K$114K10xas long as short