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 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.024%
Price spread now: Variational Omni against Deribit−0.614%59s7-day average −0.160% · 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)−0.074%−$7 on $10k
Price spread, last 3 days (all we have)+0.113%+$11 · spread now −0.614%, 7d avg −0.160%
Together, before fees+0.038%+ Points / potential airdropVariational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.454% cheaper against Deribit than usual: you would sell low and buy high, −$45 on $10k if it goes back to its 7-day average of −0.160%. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit MON_USDC-PERPETUAL0.025730.0100pay 0.0012% / 1h43m 22s$69K$119K25x
ShortVariational Omni MON0.025580.0100get 0.0100% / 8h7h 43m$771K$407K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$0.03
Price spread: −0.614% → −0.160%
−$45.42
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$52.39
Costs to cover
0.070%
Break-even
11648.1 days
Slippage unknown: Deribit: live order book, 6 min ago; Variational Omni: RFQ quote, 31 min ago. 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 Deribit live order book, 6 min ago11.94 bp15.4 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 31 min ago13.71 bpdoesn't fit123.4 bp −$1,234doesn'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−0.0444%1h0.02556−0.676%$6K$1055.5xas long as short
Phoenix MON0.0000%1h0.02555−0.734%$13K$351K5xas long as short
Backpack MON_USDC_PERP+0.0016%1h0.02576+0.082%$128K$141K10xas long as short
01 Exchange MONUSD+0.0064%1h0.02594+0.793%$6K$1K5xas long as short
Orderly PERP_MON_USDC+0.0070%4h0.02589+0.606%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02591+0.684%$861K$751K10xas long as short
Aftermath Perps MONUSD+0.0097%1h0.02565−0.341%$3K$76K10xas long as short
Paradex MON-USD-PERP+0.0098%8h0.02589+0.601%$8K$425xas long as short
Deribit MON_USDC-PERPETUALlong+0.0100%1h0.02573long leg$69K$119K25x
Nado MON-PERP+0.0100%1h0.02595+0.828%$396K$543K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02595+0.851%$35.2M$7.7M5xas long as short
Aster MONUSDT+0.0100%4h0.02588+0.569%$108K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02590+0.629%$13K5xas long as short
Pacifica MON+0.0100%1h0.02588+0.583%$143K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02590+0.645%$24.8M$25.6M75xas long as short
Bybit MONUSDT+0.0100%8h0.02589+0.606%$21.4M$12.2M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02589+0.606%$4.4M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02550−0.909%$105K$2K10xas long as short
Gate MON_USDT+0.0100%4h0.02590+0.645%$989K$898K50xas long as short
Bitget MONUSDT+0.0100%4h0.02591+0.684%$2.8M$1.9M25xas long as short
Variational Omni MONshort+0.0100%8h0.02558−0.614%$771K$407K
edgeX MONUSDC+0.0100%4h0.02565−0.331%$44K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02568−0.210%$582K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02568−0.210%$68K$483K50xas long as short
SoDEX MON-USD+0.0100%1h0.02573−0.016%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02594+0.795%$49K$464K10xas long as short
Aevo MON-PERP+0.0104%1h0.02591+0.684%$39K3xas long as short
KuCoin MONUSDTM+0.0194%4h0.02595+0.839%$3.0M$721K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02592+0.723%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02553−0.793%$1.3M$306K75xas long as short
Perpl MON+0.0447%43m0.02591+0.692%$125K$1.8M10xas long as short
Kraken Futures PF_MONUSD+0.0464%1h0.02577+0.141%$271K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02568−0.218%$113K$49K50xas long as short