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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0029%/8h= −3.2% APRnext payment $0.15 per $10,000 · paid last 24h −0.002%
Price spread now: Orderly against edgeX+0.089%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 7 days−0.052%−$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
The price spread pays, funding is against you. Orderly is 0.089% dearer against edgeX than usual: you sell high and buy low (spread +0.089% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 10 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX MONUSDC0.025360.0100pay 0.0050% / 4h2h 06m$43K$247K10x
ShortOrderly PERP_MON_USDC0.025380.0071get 0.0035% / 4h2h 06m$16K$51K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$6.19
Price spread: +0.089% → 0.000%
$8.95
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$12.24
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: edgeX: live order book, 60 min ago; Orderly: 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 edgeX live order book, 60 min ago7.72 bp17.7 bp −$18doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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 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%1h0.02546+0.405%$6K$1095.5xas long as short
Bybit MONUSDT−0.0091%8h0.02536−0.005%$20.9M$12.8M50xas long as short
Phoenix MON0.0000%1h0.02552+0.642%$13K$349K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02538+0.078%$68K$125K25xas long as short
01 Exchange MONUSD+0.0016%1h0.02539+0.145%$6K$1K5xas long as short
Orderly PERP_MON_USDCshort+0.0071%4h0.02538+0.089%$16K$51K10x
Lighter MON+0.0096%1h0.02540+0.168%$846K$743K10xas long as short
Paradex MON-USD-PERP+0.0098%8h0.02538+0.091%$8K$425xas long as short
Hyperliquid MON+0.0100%1h0.02540+0.157%$34.4M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02541+0.204%$102K$229K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02541+0.198%$13K5xas long as short
Pacifica MON+0.0100%1h0.02541+0.208%$141K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02538+0.089%$24.2M$26.0M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02536+0.011%$4.2M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02545+0.361%$106K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02538+0.089%$949K$906K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02542+0.247%$2.9M$743K75xas long as short
Bitget MONUSDT+0.0100%4h0.02539+0.129%$2.7M$2.0M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02539+0.141%$118K$156K10xas long as short
Variational Omni MON+0.0100%8h0.02547+0.427%$758K$419Kas long as short
edgeX MONUSDClong+0.0100%4h0.02536long leg$43K$247K10x
GRVT MON_USDT_Perp+0.0100%4h0.02537+0.051%$568K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02536+0.011%$68K$497K50xas long as short
Nado MON-PERP+0.0100%1h0.02540+0.157%$407K$545K10xas long as short
SoDEX MON-USD+0.0100%1h0.02538+0.089%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02540+0.161%$49K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02537+0.050%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02537+0.058%$9K50xas long as short
Aftermath Perps MONUSD+0.0274%1h0.02545+0.349%$2K$79K10xas long as short
Perpl MON+0.0447%43m0.02539+0.117%$106K$2.3M10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02556+0.791%$112K$52K50xas long as short
Kraken Futures PF_MONUSD+0.0842%1h0.02540+0.152%$267K$97K10xas long as short