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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0376%/8h= −41.2% APRnext payment $0.47 per $10,000 · paid last 24h −0.219%
Price spread now: Aevo against Coinbase International−1.372%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Aevo is 1.372% cheaper against Coinbase International than usual: you would sell low and buy high (−$137 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International MON-PERP-INTX0.026090.0480pay 0.0060% / 1h31m 45s$115K$50K50x
ShortAevo MON-PERP0.025730.0104get 0.0013% / 1h31m 45s$39K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Coinbase International. 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
−$78.96
Price spread: −1.372% → 0.000%
−$137.22
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$242.18
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 46 min ago; Aevo: 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 Coinbase International live order book, 46 min ago15.92 bp26.0 bp −$26doesn't fitdoesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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%1h0.02576−1.261%$6K$1075.5xas long as short
01 Exchange MONUSD−0.0056%1h0.02575−1.288%$6K$1K5xas long as short
Bybit MONUSDT−0.0032%8h0.02569−1.529%$21.3M$12.0M50xas long as short
Phoenix MON0.0000%1h0.02578−1.184%$13K$360K5xas long as short
Perpl MON0.0000%43m0.02577−1.238%$126K$1.8M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02574−1.357%$69K$119K25xas long as short
Orderly PERP_MON_USDC+0.0069%4h0.02574−1.338%$17K$64K10xas long as short
Aftermath Perps MONUSD+0.0089%1h0.02579−1.136%$2K$75K10xas long as short
Paradex MON-USD-PERP+0.0094%8h0.02569−1.517%$8K$425xas long as short
Lighter MON+0.0096%1h0.02572−1.414%$854K$793K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02574−1.338%$34.8M$7.6M5xas long as short
Aster MONUSDT+0.0100%4h0.02572−1.430%$108K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02575−1.303%$13K5xas long as short
Pacifica MON+0.0100%1h0.02571−1.453%$142K$105K3xas long as short
Binance MONUSDT+0.0100%4h0.02570−1.489%$24.5M$25.4M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02569−1.529%$4.3M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02585−0.921%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02571−1.453%$979K$909K50xas long as short
Bitget MONUSDT+0.0100%4h0.02572−1.414%$2.7M$1.8M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02574−1.353%$128K$141K10xas long as short
Variational Omni MON+0.0100%8h0.02576−1.253%$779K$408Kas long as short
edgeX MONUSDC+0.0100%4h0.02579−1.151%$47K$244K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02579−1.160%$584K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02576−1.261%$69K$481K50xas long as short
Nado MON-PERP+0.0100%1h0.02578−1.173%$393K$544K10xas long as short
SoDEX MON-USD+0.0100%1h0.02572−1.414%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02574−1.347%$52K$407K10xas long as short
Aevo MON-PERPshort+0.0104%1h0.02573−1.372%$39K3x
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02576−1.280%$9K50xas long as short
KuCoin MONUSDTM+0.0266%4h0.02576−1.261%$3.0M$716K75xas long as short
BloFin MON-USDT+0.0340%4h0.02572−1.414%$1.4M$308K75xas long as short
Kraken Futures PF_MONUSD+0.0420%1h0.02575−1.316%$270K$78K10xas long as short
Coinbase International MON-PERP-INTXlong+0.0480%1h0.02609long leg$115K$50K50x