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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0130%/8h= −14.3% APRpaid last 24h −0.038%
Price spread now: OKX against GMX−0.016%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
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX MON/USD [ETH-USDC]0.02489L +0.0230% / S −0.0246%pay 0.0029% / 1h21m 14s$6K50x
ShortOKX MON-USDT-SWAP0.024890.0100get 0.0050% / 4h2h 21m$4.1M$6.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
−$27.39
Price spread: −0.016% → 0.000%
−$1.61
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$50.99
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; OKX: live order book, 2 min ago. 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 OKX live order book, 2 min ago2.02 bp17.8 bp −$1889.3 bp −$893doesn't fitdoesn't fit
GMX: 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
Backpack MON_USDC_PERP−0.0128%1h0.02489−0.004%$115K$154K10xas long as short
Bybit MONUSDT−0.0023%8h0.02489−0.024%$20.4M$13.7M50xas long as short
01 Exchange MONUSD0.0000%1h0.02493+0.157%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02477−0.494%$12K$355K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02489−0.016%$73K$135K25xas long as short
Injective MON/USDC PERP+0.0039%1h0.02489−0.016%$5K$1135.5xas long as short
Orderly PERP_MON_USDC+0.0083%4h0.02488−0.056%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02488−0.056%$813K$765K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02489−0.009%$7K$425xas long as short
Nado MON-PERP+0.0100%1h0.02495+0.221%$409K$571K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02491+0.048%$33.4M$7.6M5xas long as short
Aster MONUSDT+0.0100%4h0.02487−0.099%$98K$221K10xas long as short
dYdX MON-USD+0.0100%1h0.02485−0.167%$12K5xas long as short
Pacifica MON+0.0100%1h0.02489−0.004%$137K$92K3xas long as short
Binance MONUSDT+0.0100%4h0.02487−0.096%$23.6M$27.4M75xas long as short
OKX MON-USDT-SWAPshort+0.0100%4h0.02489−0.016%$4.1M$6.1M50x
Bulk MON-USD+0.0100%1h0.02479−0.398%$102K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02488−0.056%$930K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02486−0.137%$2.9M$764K75xas long as short
Bitget MONUSDT+0.0100%4h0.02490+0.024%$2.7M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02467−0.896%$729K$407Kas long as short
edgeX MONUSDC+0.0100%4h0.02475−0.585%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02477−0.499%$550K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02476−0.538%$67K$529K50xas long as short
SoDEX MON-USD+0.0100%1h0.02488−0.056%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02490+0.040%$47K$283K10xas long as short
Aevo MON-PERP+0.0104%1h0.02489−0.036%$38K3xas long as short
Aftermath Perps MONUSD+0.0153%1h0.02479−0.417%$5K$81K10xas long as short
GMX MON/USD [ETH-USDC]longL +0.0230% / S −0.0246%1h0.02489long leg$6K50x
BloFin MON-USDT+0.0340%4h0.02487−0.096%$1.3M$348K75xas long as short
Perpl MON+0.0447%43m0.02494+0.185%$114K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0456%1h0.02530+1.631%$110K$54K50xas long as short
Kraken Futures PF_MONUSD+0.1022%1h0.02490+0.024%$267K$119K10xas long as short