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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0839%/8h= −91.8% APRnext payment $1.05 per $10,000 · paid last 24h +0.001%
Price spread now: Injective against dYdX+0.077%7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Injective is 0.077% dearer against dYdX than usual: you sell high and buy low (spread +0.077% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 7 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX MON-USD0.025850.0100pay 0.0013% / 1h47m 17s$13K5x
ShortInjective MON/USDC PERP0.02587−0.0739pay 0.0092% / 1h47m 17s$6K$1075.5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$176.14
Price spread: +0.077% → 0.000%
$7.74
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$178.43
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Injective: 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 dYdX no order-book sample
Sell Injective no order-book sample
dYdX and Injective: 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 PERPshort−0.0739%1h0.02587+0.077%$6K$1075.5x
01 Exchange MONUSD−0.0112%1h0.02587+0.074%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02579−0.213%$13K$384K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02587+0.097%$63K$110K25xas long as short
Bybit MONUSDT+0.0010%8h0.02585−0.015%$21.6M$11.8M50xas long as short
Orderly PERP_MON_USDC+0.0092%4h0.025850.000%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02586+0.039%$847K$753K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02585+0.003%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02589+0.148%$349K$534K10xas long as short
Hyperliquid MON+0.0100%1h0.02589+0.143%$34.9M$7.5M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02584−0.025%$108K$233K10xas long as short
dYdX MON-USDlong+0.0100%1h0.02585long leg$13K5x
Pacifica MON+0.0100%1h0.02584−0.027%$143K$107K3xas long as short
Binance MONUSDT+0.0100%4h0.02586+0.039%$24.6M$24.5M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02583−0.077%$4.4M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02575−0.387%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.025850.000%$1.0M$927K50xas long as short
Bitget MONUSDT+0.0100%4h0.02588+0.116%$2.8M$1.8M25xas long as short
Variational Omni MON+0.0100%8h0.02573−0.483%$773K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02578−0.274%$47K$243K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02581−0.154%$580K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02578−0.271%$69K$482K50xas long as short
SoDEX MON-USD+0.0100%1h0.025850.000%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02589+0.140%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02585+0.019%$39K3xas long as short
Kraken Futures PF_MONUSD+0.0132%1h0.02587+0.082%$263K$63K10xas long as short
BloFin MON-USDT+0.0155%4h0.02587+0.077%$1.4M$243K75xas long as short
Backpack MON_USDC_PERP+0.0243%1h0.02584−0.035%$137K$137K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02587+0.089%$9K50xas long as short
KuCoin MONUSDTM+0.0354%4h0.02591+0.232%$3.2M$789K75xas long as short
Aftermath Perps MONUSD+0.0399%1h0.02584−0.055%$2K$73K10xas long as short
Perpl MON+0.0447%43m0.02586+0.054%$145K$1.8M10xas long as short
Coinbase International MON-PERP-INTX+0.0648%1h0.02625+1.559%$115K$51K50xas long as short