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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Gate0.000%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$790.788% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 7 days−0.067%−$7 · spread now 0.000%, 7d avg −0.057%
Together, before fees−0.065%−$6 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: OKX is 0.057% dearer against Gate than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.057%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate MON_USDT0.024930.0100pay 0.0050% / 4h2h 42m$920K$1.0M50x
ShortOKX MON-USDT-SWAP0.024930.0100get 0.0050% / 4h2h 42m$4.2M$6.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Gate. 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
Price spread: 0.000% → −0.057%
$5.66
Slippage, 4 orders
−$53.78
Fee Gate: 7.5 bp × 2 orders
−$15
Fee OKX: 5 bp × 2 orders
−$10
Net
−$73.12
Costs to cover
0.788%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; OKX: live order book, 5 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 Gate live order book, 4 min ago6.01 bp20.6 bp −$21doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 5 min ago2.00 bp18.0 bp −$1888.7 bp −$887doesn'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
Backpack MON_USDC_PERP−0.0091%1h0.02492−0.048%$110K$153K10xas long as short
Phoenix MON0.0000%1h0.02494+0.036%$12K$355K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02491−0.068%$73K$136K25xas long as short
Bybit MONUSDT+0.0007%8h0.02491−0.080%$20.5M$13.5M50xas long as short
Injective MON/USDC PERP+0.0039%1h0.02496+0.120%$5K$1115.5xas long as short
Orderly PERP_MON_USDC+0.0083%4h0.02491−0.080%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.024930.000%$836K$732K10xas long as short
01 Exchange MONUSD+0.0096%1h0.02489−0.164%$6K$1K5xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02491−0.099%$7K$425xas long as short
Nado MON-PERP+0.0100%1h0.02493+0.012%$404K$586K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02492−0.048%$33.5M$7.6M5xas long as short
Aster MONUSDT+0.0100%4h0.02494+0.039%$100K$218K10xas long as short
dYdX MON-USD+0.0100%1h0.02493+0.010%$12K5xas long as short
Pacifica MON+0.0100%1h0.02492−0.040%$138K$92K3xas long as short
Binance MONUSDT+0.0100%4h0.024930.000%$23.7M$27.1M75xas long as short
OKX MON-USDT-SWAPshort+0.0100%4h0.024930.000%$4.2M$6.0M50x
Bulk MON-USD+0.0100%1h0.02500+0.281%$103K$1K10xas long as short
Gate MON_USDTlong+0.0100%4h0.02493long leg$920K$1.0M50x
KuCoin MONUSDTM+0.0100%4h0.02499+0.241%$2.9M$762K75xas long as short
Bitget MONUSDT+0.0100%4h0.024930.000%$2.7M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02490−0.138%$740K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02495+0.100%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02495+0.080%$562K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02492−0.040%$68K$527K50xas long as short
SoDEX MON-USD+0.0100%1h0.02490−0.120%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02493−0.015%$48K$285K10xas long as short
Aevo MON-PERP+0.0104%1h0.02490−0.124%$38K3xas long as short
Aftermath Perps MONUSD+0.0248%1h0.02495+0.092%$2K$78K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0259% / S −0.0429%1h0.02490−0.132%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02487−0.241%$1.3M$335K75xas long as short
Perpl MON+0.0447%43m0.02492−0.048%$114K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0456%1h0.02530+1.484%$110K$55K50xas long as short
Kraken Futures PF_MONUSD+0.1020%1h0.02494+0.049%$268K$112K10xas long as short