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 03:00 UTC+0.0074%/8h= +8.1% APRpaid last 24h −0.019%
Price spread now: Aster against Deribit−0.230%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1081.078% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.067%−$7 on $10k
Price spread, last 4 days (all we have)−0.304%−$30 · spread now −0.230%, 7d avg −0.012%
Together, before fees−0.371%+ Points / potential airdropAster: Stage 5 · farm board−$37 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.217% cheaper against Deribit than usual: you would sell low and buy high (spread −0.230% now, against its 7-day average of −0.012%). If the spread goes back, that is −$22 on $10k: about 9.8 days of funding at the current rate (+$2 a day). Mind the row above: over the last 5 days funding on this pair cost −0.067%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit MON_USDC-PERPETUAL0.025390.0026pay 0.0003% / 1h45m 09s$68K$125K25x
ShortAster MONUSDT0.025330.0100get 0.0050% / 4h1h 45m$101K$229K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Deribit. 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
$15.59
Price spread: −0.230% → −0.012%
−$21.71
Slippage, 4 orders
−$92.78
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Aster: 4 bp × 2 orders
−$8
Net
−$113.91
Costs to cover
1.078%
Break-even
58.2 days
Slippage from Deribit: live order book, 59 min ago; Aster: live order book, 16 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 Deribit live order book, 59 min ago12.62 bp20.6 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 16 min ago13.80 bp32.5 bp −$33doesn'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
Phoenix MON−0.0316%1h0.02530−0.354%$13K$367K5xas long as short
Backpack MON_USDC_PERP−0.0259%1h0.02541+0.091%$114K$152K10xas long as short
Injective MON/USDC PERP−0.0253%1h0.02531−0.315%$5K$1065.5xas long as short
Bybit MONUSDT−0.0117%8h0.02535−0.158%$20.8M$12.9M50xas long as short
01 Exchange MONUSD−0.0104%1h0.02536−0.098%$6K$1K5xas long as short
Deribit MON_USDC-PERPETUALlong+0.0026%1h0.02539long leg$68K$125K25x
Orderly PERP_MON_USDC+0.0076%4h0.02537−0.079%$16K$51K10xas long as short
Lighter MON+0.0096%1h0.02540+0.039%$846K$738K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02531−0.306%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02538−0.031%$409K$539K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02542+0.098%$34.4M$7.4M5xas long as short
Aster MONUSDTshort+0.0100%4h0.02533−0.230%$101K$229K10x
dYdX MON-USD+0.0100%1h0.02530−0.347%$13K5xas long as short
Pacifica MON+0.0100%1h0.02530−0.358%$140K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.025390.000%$24.2M$26.0M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02537−0.079%$4.2M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02530−0.354%$105K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02537−0.079%$949K$916K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02533−0.236%$2.9M$742K75xas long as short
Bitget MONUSDT+0.0100%4h0.02541+0.079%$2.7M$2.0M25xas long as short
Variational Omni MON+0.0100%8h0.02523−0.628%$749K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02525−0.541%$43K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02529−0.401%$566K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02529−0.394%$68K$498K50xas long as short
SoDEX MON-USD+0.0100%1h0.02538−0.039%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02540+0.034%$48K$518K10xas long as short
Aevo MON-PERP+0.0104%1h0.02539−0.008%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02537−0.067%$9K50xas long as short
Aftermath Perps MONUSD+0.0295%1h0.02531−0.309%$2K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02530−0.354%$1.3M$307K75xas long as short
Perpl MON+0.0447%43m0.02538−0.043%$105K$2.3M10xas long as short
Kraken Futures PF_MONUSD+0.0490%1h0.02540+0.032%$268K$97K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02531−0.319%$111K$52K50xas long as short