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 −0.005%
Price spread now: Gate against GRVT+0.236%7-day average −0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$1181.177% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.038%−$4 on $10k
Price spread, last 7 days−0.245%−$24 · spread now +0.236%, 7d avg −0.062%
Together, before fees−0.283%+ Points / potential airdropGRVT: Active · farm board−$28 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: Gate is 0.298% dearer against GRVT than usual: you sell high and buy low, +$30 on $10k if it goes back to its 7-day average of −0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT MON_USDT_Perp0.025300.0100pay 0.0050% / 4h1h 20m$566K$1.5M10x
ShortGate MON_USDT0.025360.0100get 0.0050% / 4h1h 20m$947K$959K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: +0.236% → −0.062%
$29.84
Slippage, 4 orders
−$93.7
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$87.86
Costs to cover
1.177%
Break-even
never at this rate
Slippage from GRVT: live order book, 2 min ago; Gate: live order book, 41 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, 2 min ago1.97 bp54.3 bp −$54210.6 bp −$2,106doesn't fitdoesn't fit
Sell Gate live order book, 41 min ago3.94 bp21.6 bp −$22306.9 bp −$3,069doesn'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
Phoenix MON−0.0316%1h0.02531+0.034%$12K$367K5xas long as short
Backpack MON_USDC_PERP−0.0254%1h0.02536+0.224%$114K$150K10xas long as short
Injective MON/USDC PERP−0.0253%1h0.02535+0.196%$6K$1115.5xas long as short
Bybit MONUSDT−0.0151%8h0.02533+0.098%$20.8M$13.1M50xas long as short
Deribit MON_USDC-PERPETUAL−0.0026%1h0.02535+0.181%$68K$125K25xas long as short
01 Exchange MONUSD0.0000%1h0.02538+0.323%$6K$1K5xas long as short
Perpl MON0.0000%43m0.02535+0.200%$105K$2.3M10xas long as short
Orderly PERP_MON_USDC+0.0085%4h0.02537+0.276%$16K$51K10xas long as short
Lighter MON+0.0096%1h0.02535+0.196%$845K$738K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02538+0.311%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02536+0.256%$34.3M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02538+0.304%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02539+0.347%$13K5xas long as short
Pacifica MON+0.0100%1h0.02538+0.299%$140K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02534+0.157%$24.2M$26.5M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02533+0.117%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02520−0.396%$103K$5K10xas long as short
Gate MON_USDTshort+0.0100%4h0.02536+0.236%$947K$959K50x
KuCoin MONUSDTM+0.0100%4h0.02538+0.315%$2.9M$743K75xas long as short
Bitget MONUSDT+0.0100%4h0.02537+0.276%$2.7M$2.1M25xas long as short
Variational Omni MON+0.0100%8h0.02531+0.040%$753K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02523−0.287%$41K$249K10xas long as short
GRVT MON_USDT_Perplong+0.0100%4h0.02530long leg$566K$1.5M10x
ApeX Omni MONUSDT+0.0100%1h0.02529−0.041%$68K$502K50xas long as short
Nado MON-PERP+0.0100%1h0.02539+0.360%$414K$543K10xas long as short
SoDEX MON-USD+0.0100%1h0.02533+0.117%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02538+0.297%$50K$516K10xas long as short
Aevo MON-PERP+0.0104%1h0.02533+0.121%$38K3xas long as short
Aftermath Perps MONUSD+0.0226%1h0.02532+0.067%$2K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02534+0.165%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02535+0.196%$1.3M$321K75xas long as short
Kraken Futures PF_MONUSD+0.0490%1h0.02538+0.309%$272K$110K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02547+0.687%$111K$56K50xas long as short