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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0046%/8h= −5.0% APRnext payment $0.06 per $10,000 · paid last 24h −0.023%
Price spread now: Aftermath Perps against Coinbase International−0.224%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 3 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 −$1 a day on $10k at the current rate, and Aftermath Perps is 0.224% cheaper against Coinbase International than usual: you would sell low and buy high (−$22 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-INTX0.025260.0368pay 0.0046% / 1h33m 45s$110K$57K50x
ShortAftermath Perps MONUSD0.025210.0322get 0.0040% / 1h33m 45s$2K$74K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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
−$9.66
Price spread: −0.224% → 0.000%
−$22.41
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$51.07
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 19 min ago; Aftermath Perps: 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, 19 min ago17.19 bp23.0 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
Aftermath Perps: 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−0.0203%1h0.02528+0.067%$5K$1115.5xas long as short
Bybit MONUSDT−0.0030%8h0.02519−0.305%$20.7M$13.4M50xas long as short
Phoenix MON0.0000%1h0.02522−0.174%$12K$358K5xas long as short
Orderly PERP_MON_USDC+0.0073%4h0.02520−0.249%$16K$46K10xas long as short
Lighter MON+0.0096%1h0.02522−0.170%$845K$732K10xas long as short
Backpack MON_USDC_PERP+0.0096%1h0.02522−0.190%$112K$151K10xas long as short
Paradex MON-USD-PERP+0.0097%8h0.02521−0.214%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02525−0.059%$413K$584K10xas long as short
Hyperliquid MON+0.0100%1h0.02522−0.174%$34.0M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02521−0.221%$101K$222K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02521−0.219%$13K5xas long as short
Pacifica MON+0.0100%1h0.02523−0.131%$139K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02520−0.260%$24.0M$26.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02520−0.249%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02521−0.191%$103K$2K10xas long as short
Gate MON_USDT+0.0100%4h0.02520−0.249%$943K$982K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02524−0.091%$2.9M$761K75xas long as short
Bitget MONUSDT+0.0100%4h0.02521−0.210%$2.7M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02519−0.306%$746K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02521−0.204%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02520−0.257%$567K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02523−0.131%$68K$518K50xas long as short
SoDEX MON-USD+0.0100%1h0.02520−0.249%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02522−0.185%$48K$519K10xas long as short
Aevo MON-PERP+0.0104%1h0.02512−0.566%$38K3xas long as short
Deribit MON_USDC-PERPETUAL+0.0107%1h0.02521−0.214%$74K$136K25xas long as short
01 Exchange MONUSD+0.0200%1h0.02522−0.186%$6K$1K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02520−0.253%$9K50xas long as short
Aftermath Perps MONUSDshort+0.0322%1h0.02521−0.224%$2K$74K10x
BloFin MON-USDT+0.0340%4h0.02521−0.210%$1.3M$340K75xas long as short
Coinbase International MON-PERP-INTXlong+0.0368%1h0.02526long leg$110K$57K50x
Perpl MON+0.0447%43m0.02522−0.166%$114K$2.3M10xas long as short
Kraken Futures PF_MONUSD+0.0722%1h0.02524−0.094%$271K$113K10xas long as short