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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.01 per $10,000 · paid last 24h +0.004%
Price spread now: Nado against Extended−0.110%7-day average +0.038% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$720.717% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.001%$0 on $10k
Price spread, last 3 days (all we have)+0.461%+$46 · spread now −0.110%, 7d avg +0.038%
Together, before fees+0.462%+ Points / potential airdropExtended: Active · Nado: Active · farm board+$46 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: Nado is 0.147% cheaper against Extended than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.038%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MON-USD0.025880.0104pay 0.0013% / 1h43m 51s$52K$407K10x
ShortNado MON-PERP0.025850.0100get 0.0012% / 1h43m 51s$349K$534K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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: −0.110% → +0.038%
−$14.74
Slippage, 4 orders
−$59.72
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$87.3
Costs to cover
0.717%
Break-even
never at this rate
Slippage from Extended: live order book, 43 min ago; Nado: live order book, 44 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, 43 min ago3.88 bp25.7 bp −$26208.2 bp −$2,082doesn't fitdoesn't fit
Sell Nado live order book, 44 min ago1.75 bp10.6 bp −$11doesn't fitdoesn'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−0.0739%1h0.02587−0.034%$6K$1075.5xas long as short
Deribit MON_USDC-PERPETUAL−0.0137%1h0.02585−0.108%$63K$110K25xas long as short
01 Exchange MONUSD−0.0128%1h0.02581−0.266%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02587−0.046%$13K$384K5xas long as short
Bybit MONUSDT+0.0013%8h0.02584−0.150%$21.6M$11.8M50xas long as short
Orderly PERP_MON_USDC+0.0092%4h0.02584−0.150%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02586−0.073%$847K$753K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02582−0.236%$8K$425xas long as short
Nado MON-PERPshort+0.0100%1h0.02585−0.110%$349K$534K10x
Hyperliquid MON+0.0100%1h0.02586−0.057%$34.9M$7.5M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02586−0.061%$108K$233K10xas long as short
dYdX MON-USD+0.0100%1h0.02587−0.027%$13K5xas long as short
Pacifica MON+0.0100%1h0.02583−0.189%$143K$107K3xas long as short
Binance MONUSDT+0.0100%4h0.02585−0.106%$24.6M$24.5M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02583−0.189%$4.4M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02575−0.498%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02587−0.034%$1.0M$929K50xas long as short
Bitget MONUSDT+0.0100%4h0.02587−0.034%$2.7M$1.8M25xas long as short
Variational Omni MON+0.0100%8h0.02584−0.169%$776K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02585−0.128%$47K$243K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02585−0.112%$581K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02585−0.112%$69K$484K50xas long as short
SoDEX MON-USD+0.0100%1h0.02584−0.150%$5K$6K5xas long as short
Extended MON-USDlong+0.0104%1h0.02588long leg$52K$407K10x
Aevo MON-PERP+0.0104%1h0.02583−0.177%$39K3xas long as short
Kraken Futures PF_MONUSD+0.0132%1h0.02588−0.009%$263K$63K10xas long as short
BloFin MON-USDT+0.0140%4h0.02586−0.073%$1.4M$243K75xas long as short
Backpack MON_USDC_PERP+0.0260%1h0.02585−0.119%$137K$137K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02584−0.131%$9K50xas long as short
KuCoin MONUSDTM+0.0354%4h0.02592+0.159%$3.2M$789K75xas long as short
Aftermath Perps MONUSD+0.0359%1h0.02584−0.170%$2K$73K10xas long as short
Perpl MON+0.0447%43m0.02583−0.185%$145K$1.8M10xas long as short
Coinbase International MON-PERP-INTX+0.0648%1h0.02595+0.294%$114K$51K50xas long as short