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+0.0218%/8h= +23.9% APRpaid last 24h +0.057%
Price spread now: KuCoin against dYdX+0.207%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 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 KuCoin is 0.207% dearer against dYdX than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX MON-USD0.025740.0100pay 0.0013% / 1h31m 19s$13K5x
ShortKuCoin MONUSDTM0.025790.0318get 0.0159% / 4h1h 31m$3.2M$723K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$45.78
Price spread: +0.207% → 0.000%
$20.66
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$44.44
Costs to cover
0.220%
Break-even
0.2 days
Slippage unknown: dYdX: no order-book sample; KuCoin: live order book, 6 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 KuCoin live order book, 6 min ago13.52 bp30.8 bp −$31409.4 bp −$4,094doesn't fitdoesn'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
Injective MON/USDC PERP−0.0053%1h0.02582+0.323%$6K$1085.5xas long as short
Bybit MONUSDT−0.0052%8h0.02566−0.287%$21.4M$11.7M50xas long as short
01 Exchange MONUSD−0.0048%1h0.02574+0.005%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02580+0.242%$13K$362K5xas long as short
Perpl MON0.0000%43m0.02575+0.059%$143K$1.8M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02571−0.089%$69K$119K25xas long as short
Aftermath Perps MONUSD+0.0025%1h0.02582+0.315%$2K$73K10xas long as short
Orderly PERP_MON_USDC+0.0067%4h0.02570−0.143%$17K$64K10xas long as short
Paradex MON-USD-PERP+0.0080%8h0.02573−0.037%$8K$425xas long as short
Lighter MON+0.0096%1h0.02571−0.104%$852K$773K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02578+0.153%$388K$537K10xas long as short
Hyperliquid MON+0.0100%1h0.02577+0.129%$34.9M$7.4M5xas long as short
Aster MONUSDT+0.0100%4h0.02577+0.111%$107K$231K10xas long as short
dYdX MON-USDlong+0.0100%1h0.02574long leg$13K5x
Pacifica MON+0.0100%1h0.02575+0.051%$142K$107K3xas long as short
Binance MONUSDT+0.0100%4h0.02569−0.182%$24.4M$24.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02565−0.337%$4.4M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02585+0.455%$109K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02575+0.051%$1.0M$865K50xas long as short
Bitget MONUSDT+0.0100%4h0.02572−0.065%$2.7M$1.8M25xas long as short
Variational Omni MON+0.0100%8h0.02581+0.292%$781K$406Kas long as short
edgeX MONUSDC+0.0100%4h0.02580+0.231%$47K$244K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02584+0.402%$580K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02578+0.168%$69K$481K50xas long as short
SoDEX MON-USD+0.0100%1h0.02570−0.143%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02575+0.039%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02569−0.194%$39K3xas long as short
Kraken Futures PF_MONUSD+0.0174%1h0.02573−0.041%$270K$77K10xas long as short
Backpack MON_USDC_PERP+0.0223%1h0.02574+0.020%$137K$136K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02574−0.003%$8K50xas long as short
KuCoin MONUSDTMshort+0.0318%4h0.02579+0.207%$3.2M$723K75x
BloFin MON-USDT+0.0340%4h0.02572−0.065%$1.4M$292K75xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02607+1.283%$114K$49K50xas long as short