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 00:00 UTC+0.0130%/8h= +14.3% APRpaid last 24h 0.000%
Price spread now: Pacifica against Bybit+0.129%7-day average +0.116% · you sell dearer than you buy
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$760.759% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.129%+$13 on $10k
Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.129%, 7d avg +0.116%
Together, before fees+0.113%+ Points / potential airdropPacifica: Active · farm board+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.116%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MONUSDT0.02553−0.0030get 0.0030% / 8h11m 37s$21.1M$12.1M50x
ShortPacifica MON0.025560.0100get 0.0013% / 1h11m 37s$141K$105K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$27.39
Price spread: +0.129% → +0.116%
$1.34
Slippage, 4 orders
−$56.88
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$47.15
Costs to cover
0.759%
Break-even
19.0 days
Slippage from Bybit: live order book, 2 min ago; Pacifica: live order book, 1 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, 2 min ago1.96 bp15.9 bp −$1659.8 bp −$598doesn't fitdoesn't fit
Sell Pacifica live order book, 1 min ago3.91 bp19.3 bp −$19doesn'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−0.0121%1h0.02559+0.235%$6K$1095.5xas long as short
01 Exchange MONUSD−0.0096%1h0.02555+0.063%$6K$1K5xas long as short
Bybit MONUSDTlong−0.0030%8h0.02553long leg$21.1M$12.1M50x
Phoenix MON0.0000%1h0.02557+0.141%$13K$360K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02555+0.094%$69K$119K25xas long as short
Orderly PERP_MON_USDC+0.0070%4h0.02555+0.078%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02556+0.118%$849K$794K10xas long as short
Paradex MON-USD-PERP+0.0096%8h0.02554+0.050%$8K$425xas long as short
Aftermath Perps MONUSD+0.0098%1h0.02559+0.244%$3K$75K10xas long as short
Nado MON-PERP+0.0100%1h0.02558+0.179%$390K$542K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02557+0.165%$34.6M$7.7M5xas long as short
Aster MONUSDT+0.0100%4h0.02557+0.143%$106K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02557+0.168%$13K5xas long as short
Pacifica MONshort+0.0100%1h0.02556+0.129%$141K$105K3x
Binance MONUSDT+0.0100%4h0.02556+0.103%$24.4M$25.5M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02552−0.039%$4.3M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02555+0.078%$107K$39010xas long as short
Gate MON_USDT+0.0100%4h0.02556+0.118%$975K$912K50xas long as short
Bitget MONUSDT+0.0100%4h0.02557+0.157%$2.7M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02556+0.106%$127K$141K10xas long as short
Variational Omni MON+0.0100%8h0.02557+0.162%$772K$408Kas long as short
edgeX MONUSDC+0.0100%4h0.02555+0.086%$47K$243K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02558+0.201%$579K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02558+0.196%$68K$481K50xas long as short
SoDEX MON-USD+0.0100%1h0.02554+0.039%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02558+0.203%$51K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.025530.000%$39K3xas long as short
KuCoin MONUSDTM+0.0254%4h0.02562+0.353%$3.0M$719K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02557+0.161%$8K50xas long as short
BloFin MON-USDT+0.0340%4h0.02557+0.157%$1.3M$306K75xas long as short
Kraken Futures PF_MONUSD+0.0423%1h0.02557+0.172%$269K$78K10xas long as short
Perpl MON+0.0447%43m0.02559+0.231%$125K$1.8M10xas long as short
Coinbase International MON-PERP-INTX+0.0480%1h0.02609+2.190%$115K$50K50xas long as short