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

MON

all MON markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.020%
Price spread now: Variational Omni against GRVT−0.307%7-day average −0.175% · 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)−0.008%−$1 on $10k
Price spread, last 3 days (all we have)+0.083%+$8 · spread now −0.307%, 7d avg −0.175%
Together, before fees+0.075%+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm board+$7 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: Variational Omni is 0.132% cheaper against GRVT than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.175%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT MON_USDT_Perp0.025840.0100pay 0.0050% / 4h3h 20m$578K$1.5M10x
ShortVariational Omni MON0.025760.0100get 0.0100% / 8h7h 20m$775K$411K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against GRVT. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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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: −0.307% → −0.175%
−$13.21
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$22.21
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: GRVT: live order book, 2 min ago; Variational Omni: RFQ quote, 53 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 GRVT live order book, 2 min ago11.63 bp46.1 bp −$46108.3 bp −$1,083doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 53 min ago13.71 bpdoesn't fit123.4 bp −$1,234doesn'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
Injective MON/USDC PERP−0.0444%1h0.02576−0.310%$6K$1075.5xas long as short
Deribit MON_USDC-PERPETUAL−0.0060%1h0.02579−0.182%$70K$119K25xas long as short
Phoenix MON0.0000%1h0.02577−0.263%$13K$351K5xas long as short
01 Exchange MONUSD+0.0056%1h0.02575−0.348%$6K$1K5xas long as short
Orderly PERP_MON_USDC+0.0066%4h0.02577−0.271%$17K$64K10xas long as short
Paradex MON-USD-PERP+0.0094%8h0.02575−0.346%$8K$425xas long as short
Lighter MON+0.0096%1h0.02581−0.116%$860K$755K10xas long as short
Nado MON-PERP+0.0100%1h0.02582−0.058%$394K$528K10xas long as short
Hyperliquid MON+0.0100%1h0.02581−0.120%$35.1M$7.3M5xas long as short
Aster MONUSDT+0.0100%4h0.02580−0.154%$107K$231K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02579−0.211%$13K5xas long as short
Pacifica MON+0.0100%1h0.02578−0.240%$142K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02576−0.321%$24.6M$25.3M75xas long as short
Bybit MONUSDT+0.0100%8h0.02576−0.310%$21.4M$12.1M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02576−0.310%$4.3M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02580−0.155%$106K$2K10xas long as short
Gate MON_USDT+0.0100%4h0.02578−0.232%$975K$910K50xas long as short
Bitget MONUSDT+0.0100%4h0.02578−0.232%$2.8M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02578−0.225%$129K$141K10xas long as short
Variational Omni MONshort+0.0100%8h0.02576−0.307%$775K$411K
edgeX MONUSDC+0.0100%4h0.02579−0.200%$44K$248K10xas long as short
GRVT MON_USDT_Perplong+0.0100%4h0.02584long leg$578K$1.5M10x
ApeX Omni MONUSDT+0.0100%1h0.02583−0.039%$69K$486K50xas long as short
SoDEX MON-USD+0.0100%1h0.02577−0.271%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02580−0.147%$49K$520K10xas long as short
Aevo MON-PERP+0.0104%1h0.02578−0.236%$39K3xas long as short
KuCoin MONUSDTM+0.0158%4h0.02583−0.039%$3.0M$718K75xas long as short
Aftermath Perps MONUSD+0.0188%1h0.02581−0.131%$4K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02579−0.178%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02577−0.271%$1.4M$307K75xas long as short
Perpl MON+0.0447%43m0.02576−0.290%$167K$2.0M10xas long as short
Kraken Futures PF_MONUSD+0.0463%1h0.02582−0.094%$271K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02584+0.004%$113K$51K50xas long as short