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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SoDEX against dYdX−0.091%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.091% cheaper against dYdX than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX MON-USD0.025010.0100pay 0.0013% / 1h47m 07s$12K5x
ShortSoDEX MON-USD0.024990.0100get 0.0013% / 1h47m 07s$5K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
Price spread: −0.091% → 0.000%
−$9.09
Slippage, 4 orders
no order book: not counted
Fee dYdX: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$27.09
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: dYdX: no order-book sample; SoDEX: 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 SoDEX no order-book sample
dYdX and SoDEX: 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
01 Exchange MONUSD−0.0536%1h0.02497−0.183%$6K$1K5xas long as short
Backpack MON_USDC_PERP−0.0384%1h0.02504+0.113%$112K$151K10xas long as short
Deribit MON_USDC-PERPETUAL−0.0350%1h0.02499−0.091%$74K$134K25xas long as short
Injective MON/USDC PERP−0.0176%1h0.02517+0.629%$5K$1095.5xas long as short
Bybit MONUSDT−0.0163%8h0.02500−0.063%$20.6M$13.2M50xas long as short
Phoenix MON0.0000%1h0.02510+0.341%$12K$359K5xas long as short
Perpl MON0.0000%43m0.02502+0.025%$107K$2.3M10xas long as short
Orderly PERP_MON_USDC+0.0072%4h0.02498−0.131%$16K$41K10xas long as short
Paradex MON-USD-PERP+0.0087%8h0.02499−0.092%$8K$425xas long as short
Variational Omni MON+0.0095%8h0.02507+0.211%$743K$407Kas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MON+0.0096%1h0.02501−0.011%$833K$736K10xas long as short
Nado MON-PERP+0.0100%1h0.02501+0.005%$432K$558K10xas long as short
Hyperliquid MON+0.0100%1h0.02504+0.125%$33.8M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02501−0.004%$100K$222K10xas long as short
dYdX MON-USDlong+0.0100%1h0.02501long leg$12K5x
Pacifica MON+0.0100%1h0.02500−0.031%$138K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02500−0.053%$23.8M$26.7M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02499−0.091%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02515+0.536%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02501−0.011%$948K$981K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02501−0.011%$2.8M$750K75xas long as short
Bitget MONUSDT+0.0100%4h0.02503+0.069%$2.7M$2.1M25xas long as short
edgeX MONUSDC+0.0100%4h0.02502+0.029%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02502+0.029%$560K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02502+0.029%$67K$506K50xas long as short
SoDEX MON-USDshort+0.0100%1h0.02499−0.091%$5K$6K5x
Extended MON-USD+0.0104%1h0.02502+0.011%$52K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02500−0.031%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02501+0.009%$9K50xas long as short
Aftermath Perps MONUSD+0.0283%1h0.02510+0.362%$2K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02500−0.051%$1.3M$337K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02514+0.489%$110K$57K50xas long as short
Kraken Futures PF_MONUSD+0.0544%1h0.02504+0.110%$268K$116K10xas long as short