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% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Pacifica against Bulk+0.467%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$1201.205% 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)−0.053%−$5 · spread now +0.467%, 7d avg +0.036%
Together, before fees−0.053%+ Points / potential airdropPacifica: Active · farm board−$5 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: Pacifica is 0.431% dearer against Bulk than usual: you sell high and buy low, +$43 on $10k if it goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk MON-USD0.024950.0100pay 0.0013% / 1h31m 47s$102K$5K10x
ShortPacifica MON0.025060.0100get 0.0013% / 1h31m 47s$138K$93K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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: +0.467% → +0.036%
$43.1
Slippage, 4 orders
−$105.48
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$77.38
Costs to cover
1.205%
Break-even
never at this rate
Slippage from Bulk: live order book, 27 min ago; Pacifica: live order book, 26 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, 27 min ago19.80 bp23.3 bp −$2332.8 bp −$328180.9 bp −$18.1Kdoesn't fit
Sell Pacifica live order book, 26 min ago5.97 bp36.7 bp −$37doesn'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
01 Exchange MONUSD−0.0376%1h0.02507+0.483%$6K$1K5xas long as short
Backpack MON_USDC_PERP−0.0262%1h0.02510+0.599%$113K$152K10xas long as short
Injective MON/USDC PERP−0.0176%1h0.02498+0.130%$5K$1125.5xas long as short
Bybit MONUSDT−0.0160%8h0.02509+0.579%$20.6M$13.3M50xas long as short
Phoenix MON0.0000%1h0.02501+0.234%$12K$359K5xas long as short
Perpl MON0.0000%43m0.02509+0.579%$107K$2.3M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02508+0.539%$74K$136K25xas long as short
Orderly PERP_MON_USDC+0.0071%4h0.02507+0.491%$16K$41K10xas long as short
Variational Omni MON+0.0074%8h0.02489−0.248%$737K$407Kas long as short
Paradex MON-USD-PERP+0.0090%8h0.02506+0.457%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MON+0.0096%1h0.02512+0.691%$846K$749K10xas long as short
Hyperliquid MON+0.0100%1h0.02512+0.691%$33.9M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02508+0.534%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02510+0.602%$13K5xas long as short
Pacifica MONshort+0.0100%1h0.02506+0.467%$138K$93K3x
Binance MONUSDT+0.0100%4h0.02510+0.611%$23.9M$26.8M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02510+0.611%$4.2M$6.0M50xas long as short
Bulk MON-USDlong+0.0100%1h0.02495long leg$102K$5K10x
Gate MON_USDT+0.0100%4h0.02509+0.571%$952K$986K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02507+0.491%$2.8M$752K75xas long as short
Bitget MONUSDT+0.0100%4h0.02510+0.611%$2.7M$2.2M25xas long as short
edgeX MONUSDC+0.0100%4h0.02496+0.058%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02499+0.184%$560K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02498+0.130%$67K$508K50xas long as short
Nado MON-PERP+0.0100%1h0.02509+0.584%$429K$573K10xas long as short
SoDEX MON-USD+0.0100%1h0.02507+0.491%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02510+0.610%$48K$521K10xas long as short
Aevo MON-PERP+0.0104%1h0.02506+0.463%$38K3xas long as short
Aftermath Perps MONUSD+0.0249%1h0.02501+0.243%$2K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02508+0.519%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02501+0.250%$1.3M$337K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02514+0.751%$110K$57K50xas long as short
Kraken Futures PF_MONUSD+0.0543%1h0.02511+0.658%$269K$114K10xas long as short