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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h 0.000%
Price spread now: Paradex against dYdX+0.066%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 fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.066% dearer against dYdX than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX MON-USD0.025200.0100pay 0.0013% / 1h56m 57s$13K5x
ShortParadex MON-USD-PERP0.025210.0096get 0.0096% / 8h3h 56m$8K$425x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$0.94
Price spread: +0.066% → 0.000%
$6.65
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$8.29
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; Paradex: 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 Paradex no order-book sample
dYdX and Paradex: 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−0.0203%1h0.02507−0.506%$5K$1095.5xas long as short
Bybit MONUSDT−0.0091%8h0.02520+0.009%$20.8M$13.3M50xas long as short
Phoenix MON0.0000%1h0.02520+0.009%$12K$358K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02522+0.093%$74K$136K25xas long as short
Orderly PERP_MON_USDC+0.0072%4h0.02521+0.049%$16K$34K10xas long as short
Paradex MON-USD-PERPshort+0.0096%8h0.02521+0.066%$8K$425x
Lighter MON+0.0096%1h0.02523+0.129%$846K$732K10xas long as short
Nado MON-PERP+0.0100%1h0.02523+0.121%$427K$579K10xas long as short
Hyperliquid MON+0.0100%1h0.02523+0.109%$34.0M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02521+0.062%$101K$222K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USDlong+0.0100%1h0.02520long leg$13K5x
Pacifica MON+0.0100%1h0.02522+0.069%$139K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02521+0.036%$24.0M$26.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02519−0.030%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02510−0.387%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02521+0.049%$945K$976K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02521+0.049%$2.9M$757K75xas long as short
Bitget MONUSDT+0.0100%4h0.02522+0.089%$2.7M$2.2M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02523+0.117%$114K$151K10xas long as short
Variational Omni MON+0.0100%8h0.02519−0.048%$745K$410Kas long as short
edgeX MONUSDC+0.0100%4h0.02518−0.053%$41K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02521+0.046%$565K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02520+0.009%$68K$513K50xas long as short
SoDEX MON-USD+0.0100%1h0.02521+0.049%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02522+0.105%$48K$519K10xas long as short
Aevo MON-PERP+0.0104%1h0.02521+0.029%$38K3xas long as short
01 Exchange MONUSD+0.0160%1h0.02522+0.085%$6K$1K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02521+0.057%$9K50xas long as short
Aftermath Perps MONUSD+0.0285%1h0.02519−0.044%$2K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02522+0.089%$1.3M$340K75xas long as short
Coinbase International MON-PERP-INTX+0.0368%1h0.02524+0.168%$110K$57K50xas long as short
Perpl MON+0.0447%43m0.02523+0.136%$114K$2.3M10xas long as short
Kraken Futures PF_MONUSD+0.0722%1h0.02524+0.174%$271K$115K10xas long as short