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−0.0013%/8h= −1.4% APRpaid last 24h −0.001%
Price spread now: Paradex against Extended−0.540%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Paradex is 0.540% cheaper against Extended than usual: you would sell low and buy high (−$54 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended MON-USD0.025970.0104pay 0.0013% / 1h13m 50s$50K$517K10x
ShortParadex MON-USD-PERP0.025830.0091get 0.0091% / 8h7h 13m$8K$425x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$2.69
Price spread: −0.540% → 0.000%
−$54.01
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$65.7
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Extended: live order book, 59 min ago; Paradex: 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 Extended live order book, 59 min ago5.87 bp28.0 bp −$28279.4 bp −$2,794doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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 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%1h0.02570−1.048%$6K$1085.5xas long as short
Phoenix MON0.0000%1h0.02563−1.322%$13K$351K5xas long as short
01 Exchange MONUSD+0.0016%1h0.02585−0.475%$6K$1K5xas long as short
Orderly PERP_MON_USDC+0.0063%4h0.02590−0.278%$17K$59K10xas long as short
Bybit MONUSDT+0.0080%8h0.02590−0.286%$21.5M$12.1M50xas long as short
Paradex MON-USD-PERPshort+0.0091%8h0.02583−0.540%$8K$425x
Lighter MON+0.0096%1h0.02599+0.068%$866K$755K10xas long as short
Nado MON-PERP+0.0100%1h0.02591−0.252%$398K$525K10xas long as short
Hyperliquid MON+0.0100%1h0.02602+0.172%$35.3M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02598+0.016%$108K$231K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02581−0.636%$13K5xas long as short
Pacifica MON+0.0100%1h0.02584−0.513%$143K$103K3xas long as short
Binance MONUSDT+0.0100%4h0.02593−0.163%$24.8M$25.3M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02589−0.317%$4.3M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02560−1.417%$106K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02594−0.124%$976K$924K50xas long as short
Bitget MONUSDT+0.0100%4h0.02594−0.124%$2.8M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02598+0.037%$131K$141K10xas long as short
Variational Omni MON+0.0100%8h0.02572−0.987%$773K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02570−1.064%$44K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02572−0.975%$575K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02573−0.933%$69K$488K50xas long as short
SoDEX MON-USD+0.0100%1h0.02596−0.047%$5K$6K5xas long as short
Extended MON-USDlong+0.0104%1h0.02597long leg$50K$517K10x
Aevo MON-PERP+0.0104%1h0.02593−0.182%$39K3xas long as short
KuCoin MONUSDTM+0.0122%4h0.02596−0.047%$3.0M$724K75xas long as short
Aftermath Perps MONUSD+0.0204%1h0.02579−0.704%$4K$74K10xas long as short
Deribit MON_USDC-PERPETUAL+0.0213%1h0.02592−0.209%$70K$119K25xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02589−0.305%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02577−0.779%$1.4M$307K75xas long as short
Perpl MON+0.0447%43m0.02588−0.340%$123K$2.1M10xas long as short
Kraken Futures PF_MONUSD+0.0459%1h0.02601+0.155%$273K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02587−0.375%$113K$51K50xas long as short