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: Bitget against edgeX+0.010%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$820.818% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 4 days (all we have)−0.855%−$86 · spread now +0.010%, 7d avg +0.065%
Together, before fees−0.884%+ Points / potential airdropedgeX: Active · farm board−$88 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.054% cheaper against edgeX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MONUSDC0.025300.0100pay 0.0050% / 4h2h 33m$43K$248K10x
ShortBitget MONUSDT0.025300.0100get 0.0050% / 4h2h 33m$2.7M$2.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.010% → +0.065%
−$5.44
Slippage, 4 orders
−$60.77
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$87.21
Costs to cover
0.818%
Break-even
never at this rate
Slippage from edgeX: live order book, 34 min ago; Bitget: live order book, 4 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, 34 min ago7.72 bp17.7 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago7.92 bp22.7 bp −$2380.4 bp −$804doesn't fitdoesn't fit

MON on 32 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−0.0388%1h0.02522−0.306%$5K$1085.5xas long as short
Bybit MONUSDT−0.0092%8h0.02526−0.152%$20.8M$12.8M50xas long as short
01 Exchange MONUSD−0.0056%1h0.02528−0.061%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02535+0.192%$13K$349K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02537+0.275%$68K$125K25xas long as short
Orderly PERP_MON_USDC+0.0059%4h0.02536+0.247%$16K$51K10xas long as short
Lighter MON+0.0096%1h0.02530+0.010%$843K$742K10xas long as short
Paradex MON-USD-PERP+0.0096%8h0.02529−0.049%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02530+0.029%$407K$545K10xas long as short
Aster MONUSDT+0.0100%4h0.02531+0.060%$101K$229K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02532+0.101%$13K5xas long as short
Pacifica MON+0.0100%1h0.02531+0.046%$140K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02528−0.069%$24.1M$26.1M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02526−0.148%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02521−0.360%$105K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02530+0.010%$949K$902K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02534+0.168%$2.9M$745K75xas long as short
Bitget MONUSDTshort+0.0100%4h0.02530+0.010%$2.7M$2.0M25x
Backpack MON_USDC_PERP+0.0100%1h0.02538+0.326%$120K$161K10xas long as short
Variational Omni MON+0.0100%8h0.02527−0.104%$751K$419Kas long as short
edgeX MONUSDClong+0.0100%4h0.02530long leg$43K$248K10x
GRVT MON_USDT_Perp+0.0100%4h0.02534+0.150%$569K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02533+0.129%$68K$495K50xas long as short
SoDEX MON-USD+0.0100%1h0.02536+0.247%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02529−0.045%$51K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02534+0.188%$38K3xas long as short
Hyperliquid MON+0.0147%1h0.02531+0.050%$34.3M$7.7M5xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02529−0.025%$9K50xas long as short
Aftermath Perps MONUSD+0.0349%1h0.02529−0.010%$3K$78K10xas long as short
Perpl MON+0.0447%43m0.02531+0.034%$155K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02537+0.287%$111K$52K50xas long as short
Kraken Futures PF_MONUSD+0.0842%1h0.02539+0.380%$276K$88K10xas long as short