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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.013%
Price spread now: BloFin against dYdX+0.046%92s7-day average · you sell dearer than you buy
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 5 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 for this trade now. Funding pays +$7 a day on $10k at the current rate, and BloFin is 0.046% dearer against dYdX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX MON-USD0.025870.0100pay 0.0013% / 1h37m 41s$13K5x
ShortBloFin MON-USDT0.025880.0340get 0.0170% / 4h1h 37m$1.4M$294K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against dYdX. 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
$50.4
Price spread: +0.046% → 0.000%
$4.62
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$33.02
Costs to cover
0.220%
Break-even
2.4 days
Slippage unknown: dYdX: no order-book sample; BloFin: live order book, 5 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 dYdX no order-book sample
Sell BloFin live order book, 5 min ago5.79 bp20.6 bp −$2151.1 bp −$511179.4 bp −$17.9Kdoesn't fit
dYdX: 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
Deribit MON_USDC-PERPETUAL−0.0175%1h0.02587+0.015%$70K$119K25xas long as short
Injective MON/USDC PERP−0.0053%1h0.02582−0.186%$6K$1075.5xas long as short
Bybit MONUSDT−0.0044%8h0.02581−0.224%$21.5M$11.7M50xas long as short
01 Exchange MONUSD−0.0008%1h0.02589+0.100%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02590+0.131%$13K$362K5xas long as short
Perpl MON0.0000%43m0.02590+0.120%$144K$1.8M10xas long as short
Aftermath Perps MONUSD+0.0029%1h0.02590+0.111%$2K$74K10xas long as short
Orderly PERP_MON_USDC+0.0073%4h0.02587+0.007%$17K$64K10xas long as short
Paradex MON-USD-PERP+0.0077%8h0.02582−0.186%$8K$425xas long as short
Lighter MON+0.0096%1h0.02585−0.070%$856K$773K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02592+0.216%$389K$537K10xas long as short
Hyperliquid MON+0.0100%1h0.02586−0.035%$35.0M$7.4M5xas long as short
Aster MONUSDT+0.0100%4h0.02586−0.014%$108K$230K10xas long as short
dYdX MON-USDlong+0.0100%1h0.02587long leg$13K5x
Pacifica MON+0.0100%1h0.02583−0.147%$142K$107K3xas long as short
Binance MONUSDT+0.0100%4h0.02583−0.147%$24.5M$24.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02580−0.263%$4.4M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02585−0.054%$109K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02584−0.108%$1.0M$864K50xas long as short
Bitget MONUSDT+0.0100%4h0.02584−0.108%$2.7M$1.8M25xas long as short
Variational Omni MON+0.0100%8h0.02587+0.015%$780K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02589+0.083%$47K$242K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02592+0.185%$583K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02590+0.123%$69K$480K50xas long as short
SoDEX MON-USD+0.0100%1h0.02585−0.070%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02585−0.062%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02584−0.093%$39K3xas long as short
Kraken Futures PF_MONUSD+0.0173%1h0.02587+0.017%$267K$70K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02590+0.131%$9K50xas long as short
BloFin MON-USDTshort+0.0340%4h0.02588+0.046%$1.4M$294K75x
KuCoin MONUSDTM+0.0344%4h0.02589+0.085%$3.2M$727K75xas long as short
Backpack MON_USDC_PERP+0.0383%1h0.02586−0.020%$138K$136K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02607+0.769%$114K$49K50xas long as short