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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.091%
Price spread now: Gate against Hyperliquid−0.063%7-day average −0.102% · 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 7 days−0.190%−$19 on $10k
Price spread, last 7 days+0.132%+$13 · spread now −0.063%, 7d avg −0.102%
Together, before fees−0.058%+ Points / potential airdropHyperliquid: Season 2 · farm board−$6 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 0.039% dearer against Hyperliquid than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.102%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid MON0.025290.0100pay 0.0013% / 1h47m 20s$34.3M$7.4M5x
ShortGate MON_USDT0.025270.0100get 0.0050% / 4h1h 47m$945K$915K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.063% → −0.102%
$3.91
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$20.09
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 6 min ago; Gate: live order book, 15 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 Hyperliquid live order book, 6 min ago0.20 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 15 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%1h0.02538+0.364%$13K$367K5xas long as short
Injective MON/USDC PERP−0.0253%1h0.02531+0.095%$5K$1065.5xas long as short
Backpack MON_USDC_PERP−0.0182%1h0.02530+0.067%$115K$151K10xas long as short
Bybit MONUSDT−0.0089%8h0.02522−0.249%$20.7M$12.8M50xas long as short
01 Exchange MONUSD−0.0072%1h0.02522−0.253%$6K$1K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02526−0.115%$68K$125K25xas long as short
Orderly PERP_MON_USDC+0.0076%4h0.02526−0.103%$16K$51K10xas long as short
Lighter MON+0.0096%1h0.02526−0.103%$842K$738K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02525−0.138%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02529+0.029%$406K$539K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MONlong+0.0100%1h0.02529long leg$34.3M$7.4M5x
Aster MONUSDT+0.0100%4h0.02529+0.008%$101K$229K10xas long as short
dYdX MON-USD+0.0100%1h0.02531+0.077%$13K5xas long as short
Pacifica MON+0.0100%1h0.02528−0.032%$140K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02526−0.103%$24.1M$26.0M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02523−0.221%$4.2M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02530+0.055%$105K$4K10xas long as short
Gate MON_USDTshort+0.0100%4h0.02527−0.063%$945K$915K50x
KuCoin MONUSDTM+0.0100%4h0.02531+0.095%$2.9M$742K75xas long as short
Bitget MONUSDT+0.0100%4h0.02527−0.063%$2.7M$2.0M25xas long as short
Variational Omni MON+0.0100%8h0.02536+0.273%$753K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02526−0.123%$43K$248K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02538+0.384%$568K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02529+0.016%$68K$498K50xas long as short
SoDEX MON-USD+0.0100%1h0.02524−0.182%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02528−0.009%$48K$518K10xas long as short
Aevo MON-PERP+0.0104%1h0.02526−0.095%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02527−0.071%$9K50xas long as short
Aftermath Perps MONUSD+0.0298%1h0.02531+0.112%$2K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02530+0.055%$307K75xas long as short
Perpl MON+0.0447%43m0.02527−0.075%$105K$2.3M10xas long as short
Kraken Futures PF_MONUSD+0.0492%1h0.02528−0.041%$266K$97K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02540+0.435%$111K$52K50xas long as short