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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: edgeX against GRVT−0.051%7-day average −0.092% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1271.274% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.006%+$1 on $10k
Price spread, last 4 days (all we have)−0.051%−$5 · spread now −0.051%, 7d avg −0.092%
Together, before fees−0.044%+ Points / potential airdropGRVT: Active · edgeX: Active · farm board−$4 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: edgeX is 0.041% dearer against GRVT than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.092%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT MON_USDT_Perp0.025370.0100pay 0.0050% / 4h2h 06m$568K$1.5M10x
ShortedgeX MONUSDC0.025360.0100get 0.0050% / 4h2h 06m$43K$247K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against GRVT. 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: −0.051% → −0.092%
$4.07
Slippage, 4 orders
−$109.41
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$123.34
Costs to cover
1.274%
Break-even
never at this rate
Slippage from GRVT: live order book, 1 min ago; edgeX: live order book, 60 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 GRVT live order book, 1 min ago3.93 bp50.4 bp −$501061.7 bp −$10.6Kdoesn't fitdoesn't fit
Sell edgeX live order book, 60 min ago7.72 bp20.0 bp −$20doesn't fitdoesn't fitdoesn't fit

MON on 32 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−0.0388%1h0.02546+0.354%$6K$1095.5xas long as short
Bybit MONUSDT−0.0091%8h0.02536−0.056%$20.9M$12.8M50xas long as short
Phoenix MON0.0000%1h0.02552+0.590%$13K$349K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02538+0.027%$68K$125K25xas long as short
01 Exchange MONUSD+0.0016%1h0.02539+0.094%$6K$1K5xas long as short
Orderly PERP_MON_USDC+0.0071%4h0.02538+0.038%$16K$51K10xas long as short
Lighter MON+0.0096%1h0.02540+0.117%$846K$743K10xas long as short
Paradex MON-USD-PERP+0.0098%8h0.02538+0.040%$8K$425xas long as short
Hyperliquid MON+0.0100%1h0.02540+0.105%$34.4M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02541+0.153%$102K$229K10xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02541+0.147%$13K5xas long as short
Pacifica MON+0.0100%1h0.02541+0.157%$141K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02538+0.038%$24.2M$26.0M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02536−0.040%$4.2M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02545+0.310%$106K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02538+0.038%$949K$906K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02542+0.196%$2.9M$743K75xas long as short
Bitget MONUSDT+0.0100%4h0.02539+0.078%$2.7M$2.0M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02539+0.090%$118K$156K10xas long as short
Variational Omni MON+0.0100%8h0.02547+0.376%$758K$419Kas long as short
edgeX MONUSDCshort+0.0100%4h0.02536−0.051%$43K$247K10x
GRVT MON_USDT_Perplong+0.0100%4h0.02537long leg$568K$1.5M10x
ApeX Omni MONUSDT+0.0100%1h0.02536−0.040%$68K$497K50xas long as short
Nado MON-PERP+0.0100%1h0.02540+0.106%$407K$545K10xas long as short
SoDEX MON-USD+0.0100%1h0.02538+0.038%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02540+0.110%$49K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02537−0.001%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02537+0.007%$9K50xas long as short
Aftermath Perps MONUSD+0.0274%1h0.02545+0.298%$2K$79K10xas long as short
Perpl MON+0.0447%43m0.02539+0.066%$106K$2.3M10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02556+0.740%$112K$52K50xas long as short
Kraken Futures PF_MONUSD+0.0842%1h0.02540+0.101%$267K$97K10xas long as short