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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Aster against Bulk−0.127%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1391.393% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.837%+$84 · spread now −0.127%, 7d avg +0.040%
Together, before fees+0.837%+ Points / potential airdropAster: Stage 5 · farm board+$84 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.167% cheaper against Bulk than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of +0.040%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk MON-USD0.025150.0100pay 0.0013% / 1h57m 25s$103K$5K10x
ShortAster MONUSDT0.025120.0100get 0.0050% / 4h57m 25s$101K$222K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bulk. 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
$0
Price spread: −0.127% → +0.040%
−$16.69
Slippage, 4 orders
−$124.34
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
−$156.03
Costs to cover
1.393%
Break-even
never at this rate
Slippage from Bulk: live order book, 1 min ago; Aster: live order book, 64 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 Bulk live order book, 1 min ago19.80 bp23.3 bp −$2332.8 bp −$328180.9 bp −$18.1Kdoesn't fit
Sell Aster live order book, 64 min ago13.80 bp32.5 bp −$33doesn'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
Phoenix MON−0.0316%1h0.02518+0.123%$12K$355K5xas long as short
01 Exchange MONUSD−0.0192%1h0.02508−0.258%$6K$1K5xas long as short
Deribit MON_USDC-PERPETUAL−0.0187%1h0.02517+0.064%$68K$126K25xas long as short
Injective MON/USDC PERP−0.0176%1h0.02528+0.517%$5K$1085.5xas long as short
Backpack MON_USDC_PERP−0.0149%1h0.02516+0.032%$111K$152K10xas long as short
Bybit MONUSDT−0.0138%8h0.02513−0.080%$20.7M$13.2M50xas long as short
Perpl MON0.0000%43m0.02512−0.123%$108K$2.3M10xas long as short
Orderly PERP_MON_USDC+0.0082%4h0.025150.000%$16K$41K10xas long as short
Lighter MON+0.0096%1h0.02512−0.119%$837K$735K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02508−0.277%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02515+0.016%$411K$543K10xas long as short
Hyperliquid MON+0.0100%1h0.02516+0.060%$34.0M$7.5M5xas long as short
Aster MONUSDTshort+0.0100%4h0.02512−0.127%$101K$222K10x
dYdX MON-USD+0.0100%1h0.02514−0.037%$13K5xas long as short
Pacifica MON+0.0100%1h0.02510−0.191%$139K$92K3xas long as short
Binance MONUSDT+0.0100%4h0.02513−0.080%$23.9M$26.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02513−0.080%$4.2M$5.9M50xas long as short
Bulk MON-USDlong+0.0100%1h0.02515long leg$103K$5K10x
Gate MON_USDT+0.0100%4h0.02513−0.080%$951K$968K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.025150.000%$2.8M$746K75xas long as short
Bitget MONUSDT+0.0100%4h0.02516+0.040%$2.7M$2.1M25xas long as short
Variational Omni MON+0.0100%8h0.02515+0.019%$747K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02517+0.080%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02524+0.351%$565K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02518+0.119%$67K$504K50xas long as short
SoDEX MON-USD+0.0100%1h0.025150.000%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02510−0.198%$52K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.025150.000%$38K3xas long as short
Aftermath Perps MONUSD+0.0254%1h0.02520+0.197%$2K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02515+0.012%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02517+0.080%$1.3M$325K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02534+0.755%$112K$56K50xas long as short
Kraken Futures PF_MONUSD+0.0541%1h0.02520+0.191%$268K$113K10xas long as short