Funding arb · Price arb /

MON

all MON markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0236%/8h= −25.8% APRpaid last 24h −0.023%

Price spread now: Aevo against BloFin+0.391%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on BloFin Short on Aevo

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Aevo is 0.391% dearer against BloFin than usual: you sell high and buy low (spread +0.391% now, against zero (this spread has no 7-day history yet)): +$39 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 5.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin MON-USDT	0.02560	0.0340	pay 0.0170% / 4h	3h 16m	$1.4M	$305K	75x
Short	Aevo MON-PERP	0.02570	0.0104	get 0.0013% / 1h	16m 32s	$39K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against BloFin. 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

Position, each leg$Hold fordaysFee BloFinbpFee AevobpOrdersPrice spread, now +0.391%Rate

Funding earned: −$49.56
Price spread: +0.391% → 0.000%: $39.06
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$38.5
Costs to cover: 0.280%
Break-even: from the start

Slippage unknown: BloFin: live order book, 1 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 1 min ago	5.84 bp	15.9 bp −$16	33.8 bp −$338	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective MON/USDC PERP	−0.0444%	1h	0.02576	+0.625%	$6K	$107	5.5x	as long as short
Phoenix MON	0.0000%	1h	0.02563	+0.113%	$13K	$351K	5x	as long as short
Deribit MON_USDC-PERPETUAL	0.0000%	1h	0.02570	+0.410%	$69K	$119K	25x	as long as short
01 Exchange MONUSD	+0.0016%	1h	0.02574	+0.535%	$6K	$1K	5x	as long as short
Bybit MONUSDT	+0.0040%	8h	0.02571	+0.430%	$21.4M	$12.1M	50x	as long as short
Orderly PERP_MON_USDC	+0.0062%	4h	0.02569	+0.352%	$17K	$59K	10x	as long as short
Paradex MON-USD-PERP	+0.0091%	8h	0.02573	+0.520%	$8K	$42	5x	as long as short
Lighter MON	+0.0096%	1h	0.02574	+0.547%	$857K	$755K	10x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02575	+0.593%	$396K	$526K	10x	as long as short
Hyperliquid MON	+0.0100%	1h	0.02575	+0.582%	$34.9M	$7.4M	5x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster MONUSDT	+0.0100%	4h	0.02571	+0.413%	$107K	$231K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02568	+0.316%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02573	+0.508%	$142K	$103K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02573	+0.508%	$24.6M	$25.3M	75x	as long as short
OKX MON-USDT-SWAP	+0.0100%	4h	0.02571	+0.430%	$4.3M	$5.8M	50x	as long as short
Bulk MON-USD	+0.0100%	1h	0.02560	+0.016%	$106K	$4K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02574	+0.547%	$973K	$919K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02574	+0.547%	$2.8M	$1.9M	25x	as long as short
Backpack MON_USDC_PERP	+0.0100%	1h	0.02572	+0.469%	$130K	$141K	10x	as long as short
Variational Omni MON	+0.0100%	8h	0.02576	+0.628%	$775K	$411K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02576	+0.611%	$44K	$248K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02578	+0.703%	$576K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02580	+0.781%	$69K	$487K	50x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02569	+0.352%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02576	+0.623%	$49K	$520K	10x	as long as short
Aevo MON-PERPshort	+0.0104%	1h	0.02570	+0.391%	$39K	—	3x
KuCoin MONUSDTM	+0.0134%	4h	0.02572	+0.469%	$3.0M	$721K	75x	as long as short
Aftermath Perps MONUSD	+0.0193%	1h	0.02576	+0.643%	$4K	$74K	10x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0261% / S −0.0598%	1h	0.02570	+0.379%	$8K	—	50x	as long as short
BloFin MON-USDTlong	+0.0340%	4h	0.02560	long leg	$1.4M	$305K	75x
Perpl MON	+0.0447%	43m	0.02574	+0.555%	$129K	$2.1M	10x	as long as short
Kraken Futures PF_MONUSD	+0.0464%	1h	0.02574	+0.535%	$270K	$78K	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0808%	1h	0.02577	+0.676%	$113K	$51K	50x	as long as short