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 −0.091%
Price spread now: dYdX against Hyperliquid−0.014%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid MON0.025210.0100pay 0.0013% / 1h54m 46s$34.1M$7.4M5x
ShortdYdX MON-USD0.025210.0100get 0.0013% / 1h54m 46s$13K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against Hyperliquid. 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: −0.014% → 0.000%
−$1.39
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$20.39
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 8 min ago; dYdX: 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 Hyperliquid live order book, 8 min ago1.39 bp11.2 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell dYdX no order-book sample
dYdX: 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%1h0.02517−0.155%$12K$359K5xas long as short
Backpack MON_USDC_PERP−0.0298%1h0.02520−0.032%$111K$151K10xas long as short
01 Exchange MONUSD−0.0192%1h0.02519−0.056%$6K$1K5xas long as short
Injective MON/USDC PERP−0.0176%1h0.02517−0.155%$5K$1095.5xas long as short
Deribit MON_USDC-PERPETUAL−0.0147%1h0.02519−0.083%$68K$126K25xas long as short
Bybit MONUSDT−0.0136%8h0.02517−0.143%$20.7M$13.2M50xas long as short
Perpl MON0.0000%43m0.02519−0.063%$108K$2.3M10xas long as short
Orderly PERP_MON_USDC+0.0082%4h0.02519−0.075%$16K$41K10xas long as short
Lighter MON+0.0096%1h0.02521+0.004%$840K$735K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02518−0.129%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02522+0.036%$411K$543K10xas long as short
Hyperliquid MONlong+0.0100%1h0.02521long leg$34.1M$7.4M5x
Aster MONUSDT+0.0100%4h0.02522+0.027%$101K$222K10xas long as short
dYdX MON-USDshort+0.0100%1h0.02521−0.014%$13K5x
Pacifica MON+0.0100%1h0.02521+0.004%$140K$92K3xas long as short
Binance MONUSDT+0.0100%4h0.02518−0.115%$23.9M$26.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02517−0.155%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02515−0.234%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02521+0.004%$954K$968K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02522+0.044%$2.8M$746K75xas long as short
Bitget MONUSDT+0.0100%4h0.02522+0.044%$2.7M$2.1M25xas long as short
Variational Omni MON+0.0100%8h0.02521+0.007%$748K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02511−0.379%$41K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02519−0.095%$563K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02517−0.155%$68K$505K50xas long as short
SoDEX MON-USD+0.0100%1h0.02517−0.155%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02523+0.088%$52K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02519−0.067%$38K3xas long as short
Aftermath Perps MONUSD+0.0257%1h0.02520−0.018%$2K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02519−0.056%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02518−0.115%$1.3M$326K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02534+0.520%$112K$56K50xas long as short
Kraken Futures PF_MONUSD+0.0540%1h0.02521+0.018%$268K$113K10xas long as short