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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:46 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.023%
Price spread now: Perpl against Bitget+0.023%7-day average +0.008% · 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 7 days+0.226%+$23 on $10k
Price spread, last 3 days (all we have)+0.224%+$22 · spread now +0.023%, 7d avg +0.008%
Together, before fees+0.449%+ Points / potential airdropPerpl: Active · farm board+$45 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.226%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget MONUSDT0.025590.0100pay 0.0050% / 4h1h 02m$2.7M$1.8M25x
ShortPerpl MON0.025600get 0.0000% / 43m15m 01s$128K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Perpl 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
−$21
Price spread: +0.023% → +0.008%
$1.59
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Perpl: 6.9 bp × 2 orders
−$13.8
Net
−$45.21
Costs to cover
0.258%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 10 min ago; Perpl: 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, 10 min ago7.78 bp17.1 bp −$1748.2 bp −$482doesn't fitdoesn't fit
Sell Perpl no order-book sample
Perpl: 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−0.0068%8h0.02554−0.188%$21.1M$11.9M50xas long as short
Injective MON/USDC PERP−0.0053%1h0.02575+0.625%$6K$1095.5xas long as short
Phoenix MON0.0000%1h0.02561+0.098%$13K$362K5xas long as short
Perpl MONshort0.0000%43m0.02560+0.023%$128K$1.8M10x
Deribit MON_USDC-PERPETUAL0.0000%1h0.02559−0.016%$69K$119K25xas long as short
Aftermath Perps MONUSD+0.0036%1h0.02562+0.124%$2K$74K10xas long as short
01 Exchange MONUSD+0.0048%1h0.02559−0.004%$6K$1K5xas long as short
Orderly PERP_MON_USDC+0.0066%4h0.02558−0.039%$17K$64K10xas long as short
Paradex MON-USD-PERP+0.0089%8h0.02558−0.047%$8K$425xas long as short
Lighter MON+0.0096%1h0.02557−0.078%$853K$784K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02560+0.033%$389K$543K10xas long as short
Hyperliquid MON+0.0100%1h0.02559−0.008%$34.6M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02559−0.006%$108K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02560+0.026%$13K5xas long as short
Pacifica MON+0.0100%1h0.02560+0.031%$141K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02556−0.106%$24.4M$24.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02555−0.156%$4.3M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02569+0.374%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02558−0.039%$990K$879K50xas long as short
Bitget MONUSDTlong+0.0100%4h0.02559long leg$2.7M$1.8M25x
Backpack MON_USDC_PERP+0.0100%1h0.02557−0.082%$127K$142K10xas long as short
Variational Omni MON+0.0100%8h0.02553−0.228%$770K$408Kas long as short
edgeX MONUSDC+0.0100%4h0.02557−0.059%$47K$244K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.025590.000%$574K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02553−0.234%$68K$482K50xas long as short
SoDEX MON-USD+0.0100%1h0.02558−0.039%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02559+0.014%$51K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02557−0.078%$39K3xas long as short
Kraken Futures PF_MONUSD+0.0175%1h0.02562+0.134%$269K$78K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02558−0.035%$8K50xas long as short
KuCoin MONUSDTM+0.0268%4h0.02562+0.117%$3.0M$706K75xas long as short
BloFin MON-USDT+0.0340%4h0.02563+0.156%$1.4M$306K75xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02565+0.227%$113K$50K50xas long as short