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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Binance against Extended−0.041%7-day average −0.113% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$870.871% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 4 days (all we have)−0.080%−$8 · spread now −0.041%, 7d avg −0.113%
Together, before fees−0.089%+ Points / potential airdropExtended: Active · farm board−$9 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: Binance is 0.072% dearer against Extended than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.113%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MON-USD0.025200.0104pay 0.0013% / 1h32m 35s$48K$519K10x
ShortBinance MONUSDT0.025190.0100get 0.0050% / 4h3h 32m$24.0M$26.9M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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: −0.041% → −0.113%
$7.24
Slippage, 4 orders
−$72.14
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$80.74
Costs to cover
0.871%
Break-even
never at this rate
Slippage from Extended: live order book, 20 min ago; Binance: live order book, 9 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 Extended live order book, 20 min ago3.95 bp26.5 bp −$27268.0 bp −$2,680doesn't fitdoesn't fit
Sell Binance live order book, 9 min ago1.99 bp15.0 bp −$1564.0 bp −$640285.3 bp −$28.5Kdoesn'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−0.0203%1h0.02523+0.102%$5K$1125.5xas long as short
Bybit MONUSDT−0.0023%8h0.02517−0.136%$20.7M$13.4M50xas long as short
Phoenix MON0.0000%1h0.02522+0.058%$12K$358K5xas long as short
Orderly PERP_MON_USDC+0.0073%4h0.02521+0.023%$16K$48K10xas long as short
Backpack MON_USDC_PERP+0.0091%1h0.02522+0.046%$112K$151K10xas long as short
Lighter MON+0.0096%1h0.02521+0.023%$845K$732K10xas long as short
Paradex MON-USD-PERP+0.0097%8h0.02518−0.078%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02523+0.088%$413K$584K10xas long as short
Hyperliquid MON+0.0100%1h0.02522+0.066%$34.0M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02520−0.008%$101K$222K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02521+0.014%$13K5xas long as short
Pacifica MON+0.0100%1h0.02521+0.003%$139K$93K3xas long as short
Binance MONUSDTshort+0.0100%4h0.02519−0.041%$24.0M$26.9M75x
OKX MON-USDT-SWAP+0.0100%4h0.02518−0.096%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02520−0.017%$103K$2K10xas long as short
Gate MON_USDT+0.0100%4h0.02520−0.017%$943K$982K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02524+0.142%$2.9M$761K75xas long as short
Bitget MONUSDT+0.0100%4h0.02520−0.017%$2.7M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02519−0.074%$746K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02521+0.024%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02523+0.097%$568K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02523+0.102%$68K$518K50xas long as short
SoDEX MON-USD+0.0100%1h0.02521+0.023%$5K$6K5xas long as short
Extended MON-USDlong+0.0104%1h0.02520long leg$48K$519K10x
Aevo MON-PERP+0.0104%1h0.02520−0.025%$38K3xas long as short
01 Exchange MONUSD+0.0208%1h0.02519−0.037%$6K$1K5xas long as short
Deribit MON_USDC-PERPETUAL+0.0226%1h0.02521+0.031%$74K$136K25xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02520−0.029%$9K50xas long as short
Aftermath Perps MONUSD+0.0324%1h0.02521+0.027%$2K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02521+0.023%$1.3M$340K75xas long as short
Coinbase International MON-PERP-INTX+0.0368%1h0.02526+0.233%$110K$57K50xas long as short
Perpl MON+0.0447%43m0.02521+0.011%$114K$2.3M10xas long as short
Kraken Futures PF_MONUSD+0.0723%1h0.02524+0.129%$271K$113K10xas long as short