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 08:00 UTC+0.0179%/8h= +19.6% APRnext payment +$1.79 per $10,000 · paid last 24h +0.013%
Price spread now: Variational Omni against Bybit−0.193%7-day average −0.015% · you buy dearer than you sell
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)+0.040%+$4 on $10k
Price spread, last 4 days (all we have)+1.066%+$107 · spread now −0.193%, 7d avg −0.015%
Together, before fees+1.106%+ Points / potential airdropVariational Omni: Active · farm board+$111 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.178% cheaper against Bybit than usual: you would sell low and buy high (spread −0.193% now, against its 7-day average of −0.015%). If the spread goes back, that is −$18 on $10k: about 3.3 days of funding at the current rate (+$5 a day). At the pace of the last 3 days (+0.040% in total) that is about 15 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit MONUSDT0.02532−0.0079get 0.0079% / 8h6h 32m$20.8M$12.8M50x
ShortVariational Omni MON0.025270.0100get 0.0100% / 8h6h 32m$751K$419K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$37.56
Price spread: −0.193% → −0.015%
−$17.79
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$8.77
Costs to cover
0.110%
Break-even
5.4 days
Slippage unknown: Bybit: live order book, 1 min ago; Variational Omni: RFQ quote, 36 min ago. 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 Bybit live order book, 1 min ago1.98 bp15.0 bp −$1552.1 bp −$521doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 36 min ago7.70 bpdoesn't fit134.8 bp −$1,348doesn't fitdoesn't fit

MON on 32 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−0.0388%1h0.02522−0.395%$5K$1085.5xas long as short
Bybit MONUSDTlong−0.0079%8h0.02532long leg$20.8M$12.8M50x
01 Exchange MONUSD−0.0056%1h0.02528−0.150%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02535+0.103%$13K$349K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02529−0.130%$68K$125K25xas long as short
Orderly PERP_MON_USDC+0.0059%4h0.02529−0.118%$16K$51K10xas long as short
Lighter MON+0.0096%1h0.02536+0.158%$845K$742K10xas long as short
Paradex MON-USD-PERP+0.0097%8h0.02534+0.096%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02530−0.060%$407K$545K10xas long as short
Aster MONUSDT+0.0100%4h0.02531−0.027%$101K$229K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02529−0.126%$13K5xas long as short
Pacifica MON+0.0100%1h0.02533+0.020%$140K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02531−0.049%$24.1M$26.0M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02533+0.039%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02521−0.449%$105K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02530−0.079%$949K$902K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02533+0.039%$2.9M$745K75xas long as short
Bitget MONUSDT+0.0100%4h0.02534+0.079%$2.7M$2.0M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02531−0.055%$120K$160K10xas long as short
Variational Omni MONshort+0.0100%8h0.02527−0.193%$751K$419K
edgeX MONUSDC+0.0100%4h0.02530−0.089%$43K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02534+0.061%$569K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02533+0.039%$68K$495K50xas long as short
SoDEX MON-USD+0.0100%1h0.02528−0.158%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02533+0.048%$51K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02527−0.197%$38K3xas long as short
Hyperliquid MON+0.0137%1h0.02535+0.134%$34.4M$7.7M5xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02529−0.115%$9K50xas long as short
Aftermath Perps MONUSD+0.0349%1h0.02529−0.099%$3K$78K10xas long as short
Perpl MON+0.0447%43m0.02531−0.055%$155K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02537+0.197%$111K$52K50xas long as short
Kraken Futures PF_MONUSD+0.0845%1h0.02533+0.022%$275K$88K10xas long as short