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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0156%/8h= −17.1% APRnext payment $0.20 per $10,000 · paid last 24h −0.036%
Price spread now: Aevo against GMX−0.130%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Aevo is 0.130% cheaper against GMX than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX MON/USD [ETH-USDC]0.02535L +0.0260% / S −0.0429%pay 0.0033% / 1h16m 16s$9K50x
ShortAevo MON-PERP0.025320.0104get 0.0013% / 1h16m 16s$38K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against GMX. 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
−$32.77
Price spread: −0.130% → 0.000%
−$13.02
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$73.79
Costs to cover
0.280%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Aevo: 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 GMX no order-book sample
Sell Aevo no order-book sample
GMX and Aevo: 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
Phoenix MON−0.0316%1h0.02528−0.280%$12K$367K5xas long as short
Backpack MON_USDC_PERP−0.0270%1h0.02533−0.079%$112K$152K10xas long as short
Injective MON/USDC PERP−0.0253%1h0.02535−0.012%$6K$1115.5xas long as short
Bybit MONUSDT−0.0156%8h0.02529−0.248%$20.8M$13.1M50xas long as short
01 Exchange MONUSD−0.0040%1h0.02530−0.213%$6K$1K5xas long as short
Perpl MON0.0000%43m0.02535+0.004%$105K$2.3M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02534−0.043%$68K$125K25xas long as short
Orderly PERP_MON_USDC+0.0084%4h0.02533−0.091%$16K$51K10xas long as short
Lighter MON+0.0096%1h0.02533−0.091%$845K$738K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02532−0.134%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02536+0.022%$413K$543K10xas long as short
Hyperliquid MON+0.0100%1h0.02535−0.008%$34.3M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02536+0.014%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02533−0.079%$13K5xas long as short
Pacifica MON+0.0100%1h0.02533−0.091%$140K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02531−0.157%$24.1M$26.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02530−0.209%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02520−0.603%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02532−0.130%$953K$965K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02535−0.012%$2.9M$743K75xas long as short
Bitget MONUSDT+0.0100%4h0.02535−0.012%$2.7M$2.1M25xas long as short
Variational Omni MON+0.0100%8h0.02531−0.168%$753K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02528−0.276%$42K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02530−0.193%$566K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02537+0.067%$68K$501K50xas long as short
SoDEX MON-USD+0.0100%1h0.02533−0.091%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02538+0.089%$48K$518K10xas long as short
Aevo MON-PERPshort+0.0104%1h0.02532−0.130%$38K3x
Aftermath Perps MONUSD+0.0248%1h0.02532−0.133%$2K$74K10xas long as short
GMX MON/USD [ETH-USDC]longL +0.0260% / S −0.0429%1h0.02535long leg$9K50x
BloFin MON-USDT+0.0340%4h0.02527−0.327%$1.3M$320K75xas long as short
Kraken Futures PF_MONUSD+0.0490%1h0.02537+0.051%$271K$112K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02541+0.233%$112K$58K50xas long as short