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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: GRVT against Bulk+0.397%7-day average +0.102% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$92as in the Price arb table
costs, in and out, $10k−$1211.215% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.005%+$1 on $10k
Price spread, last 4 days (all we have)+0.514%+$51 · spread now +0.397%, 7d avg +0.102%
Together, before fees+0.519%+ Points / potential airdropGRVT: Active · farm board+$52 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: GRVT is 0.295% dearer against Bulk than usual: you sell high and buy low, +$29 on $10k if it goes back to its 7-day average of +0.102%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk MON-USD0.025200.0100pay 0.0013% / 1h18m 50s$103K$5K10x
ShortGRVT MON_USDT_Perp0.025300.0100get 0.0050% / 4h1h 18m$566K$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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: +0.397% → +0.102%
$29.49
Slippage, 4 orders
−$105.47
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$91.98
Costs to cover
1.215%
Break-even
never at this rate
Slippage from Bulk: live order book, 45 min ago; GRVT: live order book, 4 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, 45 min ago19.72 bp23.2 bp −$2358.1 bp −$581134.3 bp −$13.4Kdoesn't fit
Sell GRVT live order book, 4 min ago1.97 bp20.7 bp −$21106.1 bp −$1,061doesn'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%1h0.02531+0.432%$12K$367K5xas long as short
Backpack MON_USDC_PERP−0.0277%1h0.02532+0.456%$112K$151K10xas long as short
Injective MON/USDC PERP−0.0253%1h0.02535+0.594%$6K$1115.5xas long as short
Bybit MONUSDT−0.0160%8h0.02527+0.277%$20.7M$13.1M50xas long as short
01 Exchange MONUSD−0.0008%1h0.02528+0.317%$6K$1K5xas long as short
Perpl MON0.0000%43m0.02532+0.460%$105K$2.3M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02530+0.396%$68K$125K25xas long as short
Orderly PERP_MON_USDC+0.0084%4h0.02530+0.396%$16K$51K10xas long as short
Lighter MON+0.0096%1h0.02532+0.475%$844K$738K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02529+0.347%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02533+0.503%$413K$543K10xas long as short
Hyperliquid MON+0.0100%1h0.02532+0.491%$34.3M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02531+0.418%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02531+0.446%$13K5xas long as short
Pacifica MON+0.0100%1h0.02530+0.376%$140K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02529+0.372%$24.1M$26.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02527+0.277%$4.2M$5.9M50xas long as short
Bulk MON-USDlong+0.0100%1h0.02520long leg$103K$5K10x
Gate MON_USDT+0.0100%4h0.02531+0.436%$944K$960K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02534+0.555%$2.9M$743K75xas long as short
Bitget MONUSDT+0.0100%4h0.02531+0.436%$2.7M$2.1M25xas long as short
Variational Omni MON+0.0100%8h0.02531+0.437%$753K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02534+0.557%$42K$250K10xas long as short
GRVT MON_USDT_Perpshort+0.0100%4h0.02530+0.397%$566K$1.5M10x
ApeX Omni MONUSDT+0.0100%1h0.02537+0.674%$68K$501K50xas long as short
SoDEX MON-USD+0.0100%1h0.02529+0.356%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02532+0.487%$48K$518K10xas long as short
Aevo MON-PERP+0.0104%1h0.02528+0.337%$38K3xas long as short
Aftermath Perps MONUSD+0.0231%1h0.02531+0.455%$2K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02530+0.408%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02527+0.277%$1.3M$320K75xas long as short
Kraken Futures PF_MONUSD+0.0491%1h0.02533+0.533%$271K$110K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02541+0.841%$112K$58K50xas long as short