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−0.0768%/8h= −84.1% APRnext payment $0.96 per $10,000 · paid last 24h −0.148%
Price spread now: 01 Exchange against Coinbase International−1.665%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 −$23 a day on $10k at the current rate, and 01 Exchange is 1.665% cheaper against Coinbase International than usual: you would sell low and buy high (−$166 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-INTX0.026250.0648pay 0.0081% / 1h48m 09s$115K$51K50x
Short01 Exchange MONUSD0.02582−0.0120pay 0.0015% / 1h48m 09s$6K$1K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

01 Exchange 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
−$161.28
Price spread: −1.665% → 0.000%
−$166.46
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee 01 Exchange: 3.5 bp × 2 orders
−$7
Net
−$344.74
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Coinbase International: live order book, 39 min ago; 01 Exchange: 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, 39 min ago39.55 bp138.9 bp −$139doesn't fitdoesn't fitdoesn't fit
Sell 01 Exchange no order-book sample
01 Exchange: 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−0.0739%1h0.02587−1.459%$6K$1075.5xas long as short
01 Exchange MONUSDshort−0.0120%1h0.02582−1.665%$6K$1K5x
Phoenix MON0.0000%1h0.02579−1.745%$13K$384K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02585−1.550%$63K$110K25xas long as short
Bybit MONUSDT+0.0007%8h0.02582−1.649%$21.6M$11.8M50xas long as short
BloFin MON-USDT+0.0066%4h0.02579−1.764%$1.4M$242K75xas long as short
Orderly PERP_MON_USDC+0.0092%4h0.02583−1.611%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02584−1.573%$847K$753K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02581−1.692%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02584−1.576%$348K$535K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02584−1.558%$34.8M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02583−1.620%$108K$233K10xas long as short
dYdX MON-USD+0.0100%1h0.02582−1.649%$13K5xas long as short
Pacifica MON+0.0100%1h0.02583−1.615%$143K$107K3xas long as short
Binance MONUSDT+0.0100%4h0.02583−1.611%$24.5M$24.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02580−1.726%$4.4M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02575−1.916%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02583−1.611%$1.0M$927K50xas long as short
Bitget MONUSDT+0.0100%4h0.02584−1.573%$2.7M$1.8M25xas long as short
Variational Omni MON+0.0100%8h0.02573−2.011%$773K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02576−1.893%$47K$242K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02577−1.821%$579K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02578−1.802%$69K$482K50xas long as short
SoDEX MON-USD+0.0100%1h0.02583−1.611%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02584−1.557%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02582−1.649%$39K3xas long as short
Kraken Futures PF_MONUSD+0.0132%1h0.02586−1.497%$263K$63K10xas long as short
Backpack MON_USDC_PERP+0.0228%1h0.02579−1.745%$137K$138K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.1052%1h0.02583−1.600%$13K50xas long as short
KuCoin MONUSDTM+0.0354%4h0.02587−1.459%$3.2M$788K75xas long as short
Aftermath Perps MONUSD+0.0398%1h0.02583−1.607%$2K$73K10xas long as short
Perpl MON+0.0447%43m0.02582−1.638%$145K$1.8M10xas long as short
Coinbase International MON-PERP-INTXlong+0.0648%1h0.02625long leg$115K$51K50x