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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against edgeX+1.328%53s7-day average +0.143% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$930.931% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.015%+$1 on $10k
Price spread, last 3 days (all we have)−1.277%−$128 · spread now +1.328%, 7d avg +0.143%
Together, before fees−1.263%+ Points / potential airdropedgeX: Active · Extended: Active · farm board−$126 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: Extended is 1.185% dearer against edgeX than usual: you sell high and buy low, +$119 on $10k if it goes back to its 7-day average of +0.143%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MONUSDC0.025650.0100pay 0.0050% / 4h3h 42m$44K$248K10x
ShortExtended MON-USD0.025990.0104get 0.0013% / 1h42m 45s$50K$473K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +1.328% → +0.143%
$118.5
Slippage, 4 orders
−$79.07
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$26.28
Costs to cover
0.931%
Break-even
from the start
Slippage from edgeX: live order book, 29 min ago; Extended: live order book, 30 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, 29 min ago7.82 bp19.5 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 30 min ago5.87 bp28.1 bp −$28273.5 bp −$2,735doesn'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−0.0444%1h0.02556−0.347%$6K$1055.5xas long as short
Phoenix MON0.0000%1h0.02555−0.405%$13K$351K5xas long as short
01 Exchange MONUSD+0.0064%1h0.02594+1.127%$6K$1K5xas long as short
Orderly PERP_MON_USDC+0.0070%4h0.02589+0.940%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02596+1.213%$862K$751K10xas long as short
Aftermath Perps MONUSD+0.0097%1h0.02565−0.010%$3K$76K10xas long as short
Paradex MON-USD-PERP+0.0098%8h0.02594+1.117%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02595+1.162%$396K$543K10xas long as short
Hyperliquid MON+0.0100%1h0.02599+1.342%$35.3M$7.7M5xas long as short
Aster MONUSDT+0.0100%4h0.02593+1.107%$108K$231K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02595+1.166%$13K5xas long as short
Pacifica MON+0.0100%1h0.02595+1.166%$143K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02594+1.153%$24.8M$25.6M75xas long as short
Bybit MONUSDT+0.0100%8h0.02594+1.135%$21.5M$12.2M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02593+1.096%$4.4M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02550−0.580%$105K$2K10xas long as short
Gate MON_USDT+0.0100%4h0.02595+1.174%$990K$898K50xas long as short
Bitget MONUSDT+0.0100%4h0.02596+1.213%$2.8M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02591+1.014%$129K$141K10xas long as short
Variational Omni MON+0.0100%8h0.02558−0.284%$771K$407Kas long as short
edgeX MONUSDClong+0.0100%4h0.02565long leg$44K$248K10x
GRVT MON_USDT_Perp+0.0100%4h0.02568+0.121%$582K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02568+0.121%$68K$483K50xas long as short
SoDEX MON-USD+0.0100%1h0.02591+1.018%$5K$6K5xas long as short
Extended MON-USDshort+0.0104%1h0.02599+1.328%$50K$473K10x
Aevo MON-PERP+0.0104%1h0.02591+1.018%$39K3xas long as short
KuCoin MONUSDTM+0.0188%4h0.02599+1.330%$3.0M$722K75xas long as short
Deribit MON_USDC-PERPETUAL+0.0213%1h0.02593+1.084%$70K$119K25xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02592+1.057%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02589+0.940%$1.4M$310K75xas long as short
Perpl MON+0.0447%43m0.02591+1.026%$125K$1.8M10xas long as short
Kraken Futures PF_MONUSD+0.0461%1h0.02593+1.115%$272K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02586+0.807%$113K$50K50xas long as short