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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 21:00 UTC−0.0548%/8h= −60.0% APRnext payment $0.69 per $10,000 · paid last 24h −0.217%
Price spread now: Nado against Coinbase International−0.266%7-day average −0.340% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$296as in the Price arb table
costs, in and out, $10k−$3033.030% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.544%−$54 on $10k
Price spread, last 3 days (all we have)−0.308%−$31 · spread now −0.266%, 7d avg −0.340%
Together, before fees−0.852%+ Points / potential airdropNado: Active · farm board−$85 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Nado is 0.075% dearer against Coinbase International than usual: you sell high and buy low (spread −0.266% now, against its 7-day average of −0.340%): +$7 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 11 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International MON-PERP-INTX0.026040.0648pay 0.0081% / 1h35m 49s$115K$51K50x
ShortNado MON-PERP0.025970.0100get 0.0012% / 1h35m 49s$364K$533K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$115.08
Price spread: −0.266% → −0.340%
$7.46
Slippage, 4 orders
−$286.04
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$410.66
Costs to cover
3.030%
Break-even
never at this rate
Slippage from Coinbase International: live order book, 52 min ago; Nado: live order book, 52 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 Coinbase International live order book, 52 min ago39.55 bp138.9 bp −$139doesn't fitdoesn't fitdoesn't fit
Sell Nado live order book, 52 min ago1.75 bp10.6 bp −$11doesn'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−0.0739%1h0.02587−0.668%$6K$1075.5xas long as short
Deribit MON_USDC-PERPETUAL−0.0289%1h0.02596−0.334%$63K$110K25xas long as short
01 Exchange MONUSD−0.0240%1h0.02593−0.445%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02587−0.660%$13K$384K5xas long as short
Bybit MONUSDT+0.0005%8h0.02593−0.438%$21.6M$11.8M50xas long as short
Orderly PERP_MON_USDC+0.0092%4h0.02593−0.438%$17K$64K10xas long as short
Paradex MON-USD-PERP+0.0095%8h0.02594−0.403%$8K$425xas long as short
Lighter MON+0.0096%1h0.02596−0.323%$850K$753K10xas long as short
Nado MON-PERPshort+0.0100%1h0.02597−0.266%$364K$533K10x
Hyperliquid MON+0.0100%1h0.02597−0.288%$35.0M$7.5M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02596−0.333%$108K$233K10xas long as short
dYdX MON-USD+0.0100%1h0.02597−0.267%$13K5xas long as short
Pacifica MON+0.0100%1h0.02595−0.346%$143K$107K3xas long as short
Binance MONUSDT+0.0100%4h0.02595−0.361%$24.6M$24.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02594−0.399%$4.4M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02581−0.905%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02596−0.323%$1.0M$931K50xas long as short
Bitget MONUSDT+0.0100%4h0.02597−0.284%$2.8M$1.8M25xas long as short
Variational Omni MON+0.0100%8h0.02584−0.802%$777K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02584−0.768%$47K$242K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02588−0.628%$581K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02587−0.668%$69K$482K50xas long as short
SoDEX MON-USD+0.0100%1h0.02594−0.399%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02596−0.315%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02593−0.426%$39K3xas long as short
Kraken Futures PF_MONUSD+0.0131%1h0.02597−0.285%$268K$67K10xas long as short
BloFin MON-USDT+0.0155%4h0.02594−0.399%$1.4M$243K75xas long as short
Backpack MON_USDC_PERP+0.0248%1h0.02595−0.353%$137K$137K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02596−0.303%$9K50xas long as short
Aftermath Perps MONUSD+0.0267%1h0.02590−0.551%$2K$73K10xas long as short
KuCoin MONUSDTM+0.0338%4h0.02602−0.092%$3.2M$745K75xas long as short
Perpl MON+0.0447%43m0.02595−0.369%$146K$1.8M10xas long as short
Coinbase International MON-PERP-INTXlong+0.0648%1h0.02604long leg$115K$51K50x