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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against edgeX+0.043%7-day average +0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$83as in the Price arb table
costs, in and out, $10k−$830.829% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.041%−$4 on $10k
Price spread, last 3 days (all we have)−0.010%−$1 · spread now +0.043%, 7d avg +0.048%
Together, before fees−0.050%+ Points / potential airdropedgeX: Active · farm board−$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MONUSDC0.025670.0100pay 0.0050% / 4h56m 22s$47K$242K10x
ShortApeX Omni MONUSDT0.025680.0100get 0.0013% / 1h56m 22s$68K$482K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against edgeX. 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: +0.043% → +0.048%
−$0.46
Slippage, 4 orders
−$63.94
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$83.4
Costs to cover
0.829%
Break-even
never at this rate
Slippage from edgeX: live order book, 21 min ago; ApeX Omni: live order book, 21 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 21 min ago7.77 bp18.3 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 21 min ago13.59 bp22.7 bp −$23119.4 bp −$1,194doesn't fitdoesn't fit

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+0.316%$6K$1035.5xas long as short
Backpack MON_USDC_PERP−0.0099%1h0.02578+0.433%$128K$141K10xas long as short
01 Exchange MONUSD−0.0096%1h0.02581+0.530%$6K$1K5xas long as short
Bybit MONUSDT−0.0074%8h0.02579+0.487%$21.4M$11.9M50xas long as short
Phoenix MON0.0000%1h0.02576+0.335%$13K$360K5xas long as short
Perpl MON0.0000%43m0.02580+0.522%$128K$1.8M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02575+0.324%$70K$119K25xas long as short
Aftermath Perps MONUSD+0.0013%1h0.02568+0.057%$2K$74K10xas long as short
Orderly PERP_MON_USDC+0.0066%4h0.02583+0.628%$17K$64K10xas long as short
Paradex MON-USD-PERP+0.0090%8h0.02578+0.437%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MON+0.0096%1h0.02580+0.511%$861K$772K10xas long as short
Variational Omni MON+0.0099%8h0.02554−0.496%$772K$408Kas long as short
Hyperliquid MON+0.0100%1h0.02582+0.600%$34.9M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02580+0.511%$108K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02580+0.505%$13K5xas long as short
Pacifica MON+0.0100%1h0.02579+0.484%$142K$105K3xas long as short
Binance MONUSDT+0.0100%4h0.02582+0.577%$24.6M$25.0M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02581+0.550%$4.4M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02555−0.463%$107K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02582+0.589%$996K$867K50xas long as short
Bitget MONUSDT+0.0100%4h0.02585+0.706%$2.7M$1.8M25xas long as short
edgeX MONUSDClong+0.0100%4h0.02567long leg$47K$242K10x
GRVT MON_USDT_Perp+0.0100%4h0.02558−0.332%$574K$1.5M10xas long as short
ApeX Omni MONUSDTshort+0.0100%1h0.02568+0.043%$68K$482K50x
Nado MON-PERP+0.0100%1h0.02581+0.537%$392K$545K10xas long as short
SoDEX MON-USD+0.0100%1h0.02574+0.277%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02580+0.517%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02584+0.671%$39K3xas long as short
KuCoin MONUSDTM+0.0240%4h0.02581+0.550%$3.0M$711K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02584+0.651%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02577+0.394%$1.3M$308K75xas long as short
Kraken Futures PF_MONUSD+0.0419%1h0.02577+0.407%$271K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0480%1h0.02579+0.480%$114K$50K50xas long as short