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

MON

all MON markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0064%/8h= +7.0% APRpaid last 24h +0.018%
Price spread now: Nado against Bybit+0.265%7-day average +0.245% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$600.595% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.069%+$7 on $10k
Price spread, last 3 days (all we have)+0.027%+$3 · spread now +0.265%, 7d avg +0.245%
Together, before fees+0.097%+ Points / potential airdropNado: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.245%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MONUSDT0.025680.0036pay 0.0036% / 8h7h 17m$21.3M$12.1M50x
ShortNado MON-PERP0.025750.0100get 0.0012% / 1h17m 26s$396K$526K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Bybit. 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
$13.48
Price spread: +0.265% → +0.245%
$1.96
Slippage, 4 orders
−$41.52
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$44.08
Costs to cover
0.595%
Break-even
29.9 days
Slippage from Bybit: live order book, 1 min ago; Nado: live order book, 56 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 Bybit live order book, 1 min ago3.90 bp19.7 bp −$2056.6 bp −$566doesn't fitdoesn't fit
Sell Nado live order book, 56 min ago2.15 bp9.1 bp −$9doesn'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
Injective MON/USDC PERP−0.0444%1h0.02576+0.312%$6K$1075.5xas long as short
Phoenix MON0.0000%1h0.02563−0.199%$13K$351K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02570+0.086%$69K$119K25xas long as short
01 Exchange MONUSD+0.0016%1h0.02569+0.043%$6K$1K5xas long as short
Bybit MONUSDTlong+0.0036%8h0.02568long leg$21.3M$12.1M50x
Orderly PERP_MON_USDC+0.0062%4h0.02567−0.039%$17K$59K10xas long as short
Paradex MON-USD-PERP+0.0091%8h0.02570+0.068%$8K$425xas long as short
Lighter MON+0.0096%1h0.02574+0.234%$857K$755K10xas long as short
Nado MON-PERPshort+0.0100%1h0.02575+0.265%$396K$526K10x
Hyperliquid MON+0.0100%1h0.02574+0.218%$34.9M$7.4M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02573+0.205%$107K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02571+0.101%$13K5xas long as short
Pacifica MON+0.0100%1h0.02573+0.187%$142K$103K3xas long as short
Binance MONUSDT+0.0100%4h0.02571+0.117%$24.6M$25.3M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02569+0.039%$4.3M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02560−0.295%$106K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02571+0.117%$973K$919K50xas long as short
Bitget MONUSDT+0.0100%4h0.02570+0.078%$2.8M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02575+0.253%$130K$142K10xas long as short
Variational Omni MON+0.0100%8h0.02576+0.314%$775K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02576+0.298%$44K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02578+0.389%$576K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02580+0.467%$69K$487K50xas long as short
SoDEX MON-USD+0.0100%1h0.025680.000%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02574+0.220%$49K$520K10xas long as short
Aevo MON-PERP+0.0104%1h0.02568−0.004%$39K3xas long as short
KuCoin MONUSDTM+0.0134%4h0.02572+0.156%$3.0M$719K75xas long as short
Aftermath Perps MONUSD+0.0193%1h0.02576+0.329%$4K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02567−0.027%$8K50xas long as short
BloFin MON-USDT+0.0340%4h0.02577+0.350%$1.4M$307K75xas long as short
Perpl MON+0.0447%43m0.02574+0.241%$129K$2.1M10xas long as short
Kraken Futures PF_MONUSD+0.0464%1h0.02573+0.193%$270K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02562−0.249%$112K$51K50xas long as short