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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0003%/8h= −0.4% APRpaid last 24h 0.000%
Price spread now: Paradex against Bulk+0.018%55s7-day average · you sell dearer than you buy
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBulk MON-USD0.025550.0100pay 0.0013% / 1h6m 40s$107K−$010x
ShortParadex MON-USD-PERP0.025550.0097get 0.0097% / 8h6m 40s$8K$425x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$0.71
Price spread: +0.018% → 0.000%
$1.84
Slippage, 4 orders
no order book: not counted
Fee Bulk: 3.5 bp × 2 orders
−$7
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$9.87
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Bulk: live order book, 7 min ago; Paradex: no order-book sample. 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 Bulk live order book, 7 min ago19.57 bp23.1 bp −$2371.9 bp −$719610.1 bp −$61.0Kdoesn't fit
Sell Paradex no order-book sample
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0121%1h0.02559+0.158%$6K$1095.5xas long as short
01 Exchange MONUSD−0.0096%1h0.02555+0.001%$6K$1K5xas long as short
Bybit MONUSDT−0.0030%8h0.02555+0.001%$21.1M$12.1M50xas long as short
Phoenix MON0.0000%1h0.02559+0.154%$13K$360K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02556+0.025%$69K$119K25xas long as short
Orderly PERP_MON_USDC+0.0070%4h0.02555+0.001%$17K$64K10xas long as short
Aftermath Perps MONUSD+0.0089%1h0.02559+0.144%$3K$75K10xas long as short
Lighter MON+0.0096%1h0.02558+0.119%$849K$794K10xas long as short
Paradex MON-USD-PERPshort+0.0097%8h0.02555+0.018%$8K$425x
Nado MON-PERP+0.0100%1h0.02557+0.090%$390K$541K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02559+0.154%$34.6M$7.6M5xas long as short
Aster MONUSDT+0.0100%4h0.02558+0.111%$106K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02557+0.091%$13K5xas long as short
Pacifica MON+0.0100%1h0.02557+0.076%$141K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02557+0.063%$24.4M$25.5M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02555+0.001%$4.3M$5.9M50xas long as short
Bulk MON-USDlong+0.0100%1h0.02555long leg$107K−$010x
Gate MON_USDT+0.0100%4h0.02557+0.080%$975K$913K50xas long as short
Bitget MONUSDT+0.0100%4h0.02558+0.119%$2.7M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02558+0.099%$127K$141K10xas long as short
Variational Omni MON+0.0100%8h0.02552−0.131%$772K$407Kas long as short
edgeX MONUSDC+0.0100%4h0.02557+0.093%$47K$243K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02560+0.196%$580K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02559+0.158%$68K$482K50xas long as short
SoDEX MON-USD+0.0100%1h0.02556+0.041%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02560+0.199%$51K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02556+0.021%$39K3xas long as short
KuCoin MONUSDTM+0.0256%4h0.02562+0.275%$3.0M$719K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02556+0.025%$8K50xas long as short
BloFin MON-USDT+0.0340%4h0.02554−0.038%$1.3M$306K75xas long as short
Kraken Futures PF_MONUSD+0.0422%1h0.02560+0.208%$269K$78K10xas long as short
Perpl MON+0.0447%43m0.02555+0.009%$124K$1.8M10xas long as short
Coinbase International MON-PERP-INTX+0.0480%1h0.02609+2.111%$115K$50K50xas long as short