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% APRpaid last 24h −0.024%
Price spread now: Variational Omni against BloFin−1.213%101s7-day average −0.145% · 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)−0.168%−$17 on $10k
Price spread, last 3 days (all we have)+0.728%+$73 · spread now −1.213%, 7d avg −0.145%
Together, before fees+0.560%+ Points / potential airdropVariational Omni: Active · farm board+$56 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 Variational Omni is 1.067% cheaper against BloFin than usual: you would sell low and buy high (−$107 if the spread goes back to its 7-day average of −0.145%). Swap the legs. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin MON-USDT0.025890.0340pay 0.0170% / 4h3h 41m$1.4M$310K75x
ShortVariational Omni MON0.025580.0100get 0.0100% / 8h7h 41m$771K$407K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational 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: −1.213% → −0.145%
−$106.72
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$169.12
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 1 min ago; Variational Omni: RFQ quote, 32 min ago. 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 BloFin live order book, 1 min ago1.93 bp17.0 bp −$1733.1 bp −$331197.4 bp −$19.7Kdoesn't fit
Sell Variational Omni RFQ quote, 32 min ago13.71 bpdoesn't fit123.4 bp −$1,234doesn'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%1h0.02556−1.275%$6K$1055.5xas long as short
Phoenix MON0.0000%1h0.02555−1.333%$13K$351K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02590+0.035%$70K$119K25xas long as short
Orderly PERP_MON_USDC+0.0070%4h0.025890.000%$17K$64K10xas long as short
01 Exchange MONUSD+0.0072%1h0.02589−0.012%$6K$1K5xas long as short
Lighter MON+0.0096%1h0.02588−0.039%$860K$751K10xas long as short
Paradex MON-USD-PERP+0.0098%8h0.02585−0.171%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02592+0.100%$396K$543K10xas long as short
Hyperliquid MON+0.0100%1h0.02590+0.046%$35.2M$7.7M5xas long as short
Aster MONUSDT+0.0100%4h0.02588−0.056%$108K$231K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02588−0.032%$13K5xas long as short
Pacifica MON+0.0100%1h0.02586−0.108%$143K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02586−0.116%$24.7M$25.6M75xas long as short
Bybit MONUSDT+0.0100%8h0.02585−0.154%$21.4M$12.2M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02585−0.154%$4.4M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02550−1.506%$105K$2K10xas long as short
Gate MON_USDT+0.0100%4h0.02586−0.116%$986K$899K50xas long as short
Bitget MONUSDT+0.0100%4h0.02587−0.077%$2.8M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02587−0.058%$128K$142K10xas long as short
Variational Omni MONshort+0.0100%8h0.02558−1.213%$771K$407K
edgeX MONUSDC+0.0100%4h0.02587−0.075%$44K$246K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02592+0.118%$587K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02568−0.811%$68K$483K50xas long as short
SoDEX MON-USD+0.0100%1h0.02586−0.116%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02590+0.037%$50K$475K10xas long as short
Aevo MON-PERP+0.0104%1h0.02587−0.081%$39K3xas long as short
Aftermath Perps MONUSD+0.0111%1h0.02569−0.762%$3K$76K10xas long as short
KuCoin MONUSDTM+0.0182%4h0.02591+0.077%$3.0M$724K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02589+0.012%$9K50xas long as short
BloFin MON-USDTlong+0.0340%4h0.02589long leg$1.4M$310K75x
Perpl MON+0.0447%43m0.02591+0.062%$134K$1.9M10xas long as short
Kraken Futures PF_MONUSD+0.0461%1h0.02591+0.074%$272K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02593+0.166%$114K$51K50xas long as short