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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0240%/8h= −26.3% APRpaid last 24h −0.035%
Price spread now: ApeX Omni against BloFin0.000%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$700.699% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.196%−$20 on $10k
Price spread, last 4 days (all we have)−0.387%−$39 · spread now 0.000%, 7d avg −0.013%
Together, before fees−0.583%−$58 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MON-USDT0.024980.0340pay 0.0170% / 4h1h 36m$1.3M$348K75x
ShortApeX Omni MONUSDT0.024980.0100get 0.0013% / 1h36m 48s$68K$534K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni 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

Funding earned
−$50.4
Price spread: 0.000% → −0.013%
$1.31
Slippage, 4 orders
−$47.9
Fee BloFin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$118.99
Costs to cover
0.699%
Break-even
never at this rate
Slippage from BloFin: live order book, 1 min ago; ApeX Omni: live order book, 6 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 BloFin live order book, 1 min ago2.00 bp19.5 bp −$1935.8 bp −$358158.7 bp −$15.9Kdoesn't fit
Sell ApeX Omni live order book, 6 min ago10.01 bp18.9 bp −$19126.6 bp −$1,266doesn't fitdoesn'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
Phoenix MON0.0000%1h0.02503+0.196%$13K$353K5xas long as short
Bybit MONUSDT+0.0058%8h0.02492−0.256%$20.5M$13.7M50xas long as short
Orderly PERP_MON_USDC+0.0086%4h0.02496−0.080%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02494−0.160%$800K$787K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02494−0.142%$7K$425xas long as short
Nado MON-PERP+0.0100%1h0.02499+0.036%$397K$572K10xas long as short
Aster MONUSDT+0.0100%4h0.02494−0.155%$99K$221K10xas long as short
dYdX MON-USD+0.0100%1h0.02494−0.147%$12K5xas long as short
Pacifica MON+0.0100%1h0.02496−0.064%$138K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02491−0.269%$23.7M$27.5M75xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MON-USDT-SWAP+0.0100%4h0.02491−0.280%$4.2M$6.1M50xas long as short
Bulk MON-USD+0.0100%1h0.02500+0.080%$103K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02493−0.200%$933K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02499+0.040%$2.8M$762K75xas long as short
Bitget MONUSDT+0.0100%4h0.02494−0.160%$2.7M$2.2M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02496−0.096%$111K$155K10xas long as short
Variational Omni MON+0.0100%8h0.02496−0.098%$741K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02493−0.199%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02500+0.080%$555K$1.5M10xas long as short
ApeX Omni MONUSDTshort+0.0100%1h0.024980.000%$68K$534K50x
SoDEX MON-USD+0.0100%1h0.02496−0.080%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02496−0.065%$48K$266K10xas long as short
Aevo MON-PERP+0.0104%1h0.02496−0.100%$38K3xas long as short
Injective MON/USDC PERP+0.0109%1h0.02503+0.200%$5K$1105.5xas long as short
Aftermath Perps MONUSD+0.0207%1h0.02497−0.039%$6K$98K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0246%1h0.02496−0.100%$6K50xas long as short
01 Exchange MONUSD+0.0240%1h0.02496−0.064%$7K$2K5xas long as short
BloFin MON-USDTlong+0.0340%4h0.02498long leg$1.3M$348K75x
Hyperliquid MON+0.0405%1h0.02496−0.092%$33.7M$7.8M5xas long as short
Deribit MON_USDC-PERPETUAL+0.0431%1h0.02497−0.024%$73K$135K25xas long as short
Perpl MON+0.0447%43m0.02497−0.044%$114K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0576%1h0.02508+0.408%$110K$54K50xas long as short
Kraken Futures PF_MONUSD+0.0845%1h0.02500+0.085%$269K$118K10xas long as short