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−0.0240%/8h= −26.3% APRnext payment $1.20 per $10,000 · paid last 24h −0.024%
Price spread now: edgeX against BloFin−0.288%7-day average −0.068% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$710.714% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.181%−$18 on $10k
Price spread, last 3 days (all we have)−0.105%−$10 · spread now −0.288%, 7d avg −0.068%
Together, before fees−0.285%+ Points / potential airdropedgeX: Active · farm board−$29 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and edgeX is 0.219% cheaper against BloFin than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of −0.068%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MON-USDT0.025770.0340pay 0.0170% / 4h3h 14m$1.4M$307K75x
ShortedgeX MONUSDC0.025700.0100get 0.0050% / 4h3h 14m$44K$248K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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: −0.288% → −0.068%
−$21.92
Slippage, 4 orders
−$50.45
Fee BloFin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$143.76
Costs to cover
0.714%
Break-even
never at this rate
Slippage from BloFin: live order book, 3 min ago; edgeX: live order book, 57 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, 3 min ago5.84 bp15.9 bp −$1633.8 bp −$338doesn't fitdoesn't fit
Sell edgeX live order book, 57 min ago7.82 bp17.4 bp −$17doesn't fitdoesn'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
Injective MON/USDC PERP−0.0444%1h0.02570−0.272%$6K$1085.5xas long as short
Phoenix MON0.0000%1h0.02563−0.547%$13K$351K5xas long as short
01 Exchange MONUSD+0.0016%1h0.02583+0.233%$6K$1K5xas long as short
Bybit MONUSDT+0.0061%8h0.02582+0.190%$21.5M$12.1M50xas long as short
Orderly PERP_MON_USDC+0.0063%4h0.02583+0.233%$17K$59K10xas long as short
Paradex MON-USD-PERP+0.0091%8h0.02584+0.256%$8K$425xas long as short
Lighter MON+0.0096%1h0.02584+0.272%$861K$755K10xas long as short
Nado MON-PERP+0.0100%1h0.02584+0.275%$397K$526K10xas long as short
Hyperliquid MON+0.0100%1h0.02587+0.376%$35.0M$7.4M5xas long as short
Aster MONUSDT+0.0100%4h0.02583+0.224%$107K$231K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02581+0.144%$13K5xas long as short
Pacifica MON+0.0100%1h0.02582+0.194%$142K$103K3xas long as short
Binance MONUSDT+0.0100%4h0.02584+0.272%$24.7M$25.3M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02581+0.155%$4.3M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02560−0.643%$106K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02582+0.194%$972K$923K50xas long as short
Bitget MONUSDT+0.0100%4h0.02584+0.272%$2.8M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02585+0.322%$130K$141K10xas long as short
Variational Omni MON+0.0100%8h0.02572−0.209%$773K$411Kas long as short
edgeX MONUSDCshort+0.0100%4h0.02570−0.288%$44K$248K10x
GRVT MON_USDT_Perp+0.0100%4h0.02572−0.197%$575K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02573−0.155%$69K$488K50xas long as short
SoDEX MON-USD+0.0100%1h0.02584+0.272%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02587+0.370%$49K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02584+0.272%$39K3xas long as short
KuCoin MONUSDTM+0.0126%4h0.02585+0.310%$3.0M$723K75xas long as short
Deribit MON_USDC-PERPETUAL+0.0137%1h0.02586+0.353%$70K$119K25xas long as short
Aftermath Perps MONUSD+0.0204%1h0.02578+0.034%$4K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02585+0.295%$9K50xas long as short
BloFin MON-USDTlong+0.0340%4h0.02577long leg$1.4M$307K75x
Perpl MON+0.0447%43m0.02586+0.338%$123K$2.1M10xas long as short
Kraken Futures PF_MONUSD+0.0462%1h0.02587+0.389%$272K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02581+0.144%$113K$51K50xas long as short