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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h 0.000%
Price spread now: Orderly against dYdX−0.004%7-day average · 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 5 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 sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX MON-USD0.025730.0100pay 0.0013% / 1h57m 02s$13K5x
ShortOrderly PERP_MON_USDC0.025730.0066get 0.0033% / 4h57m 02s$17K$64K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$7.11
Price spread: −0.004% → 0.000%
−$0.44
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$23.55
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Orderly: 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 Orderly no order-book sample
dYdX and Orderly: 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−0.0121%1h0.02575+0.073%$6K$1035.5xas long as short
Backpack MON_USDC_PERP−0.0099%1h0.02578+0.190%$128K$141K10xas long as short
Bybit MONUSDT−0.0073%8h0.02575+0.073%$21.3M$11.9M50xas long as short
01 Exchange MONUSD−0.0072%1h0.02571−0.082%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02576+0.093%$13K$360K5xas long as short
Perpl MON0.0000%43m0.02573+0.011%$128K$1.8M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02575+0.081%$70K$119K25xas long as short
Aftermath Perps MONUSD+0.0020%1h0.02566−0.272%$2K$74K10xas long as short
Orderly PERP_MON_USDCshort+0.0066%4h0.02573−0.004%$17K$64K10x
Paradex MON-USD-PERP+0.0090%8h0.02570−0.113%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MON+0.0096%1h0.02579+0.229%$861K$772K10xas long as short
Variational Omni MON+0.0099%8h0.02554−0.737%$772K$408Kas long as short
Nado MON-PERP+0.0100%1h0.02576+0.096%$391K$545K10xas long as short
Hyperliquid MON+0.0100%1h0.02579+0.244%$34.9M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02579+0.213%$108K$231K10xas long as short
dYdX MON-USDlong+0.0100%1h0.02573long leg$13K5x
Pacifica MON+0.0100%1h0.02571−0.067%$142K$105K3xas long as short
Binance MONUSDT+0.0100%4h0.02577+0.152%$24.6M$25.0M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02575+0.073%$4.4M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02555−0.704%$107K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02579+0.229%$995K$866K50xas long as short
Bitget MONUSDT+0.0100%4h0.02580+0.268%$2.7M$1.8M25xas long as short
edgeX MONUSDC+0.0100%4h0.02567−0.242%$47K$242K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02558−0.574%$574K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02568−0.199%$68K$482K50xas long as short
SoDEX MON-USD+0.0100%1h0.02574+0.034%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02575+0.087%$51K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02575+0.077%$39K3xas long as short
KuCoin MONUSDTM+0.0240%4h0.02583+0.384%$3.0M$711K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02575+0.085%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02577+0.151%$1.3M$308K75xas long as short
Kraken Futures PF_MONUSD+0.0419%1h0.02577+0.164%$271K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0480%1h0.02579+0.237%$114K$50K50xas long as short