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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.112%
Price spread now: OKX against Hyperliquid−0.148%7-day average −0.161% · 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−0.196%−$20 on $10k
Price spread, last 7 days+0.065%+$7 · spread now −0.148%, 7d avg −0.161%
Together, before fees−0.131%+ Points / potential airdropHyperliquid: Season 2 · farm board−$13 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid MON0.025720.0100pay 0.0013% / 1h44m 36s$34.8M$7.7M5x
ShortOKX MON-USDT-SWAP0.025680.0100get 0.0050% / 4h3h 44m$4.3M$6.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.148% → −0.161%
$1.36
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
−$17.64
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; OKX: live order book, 3 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, 9 min ago0.98 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago1.96 bp21.7 bp −$2292.0 bp −$920doesn'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%1h0.02556−0.614%$6K$1055.5xas long as short
Backpack MON_USDC_PERP−0.0038%1h0.02568−0.148%$127K$141K10xas long as short
Phoenix MON0.0000%1h0.02555−0.673%$13K$351K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02566−0.222%$69K$119K25xas long as short
01 Exchange MONUSD+0.0048%1h0.02573+0.043%$6K$1K5xas long as short
Orderly PERP_MON_USDC+0.0070%4h0.02565−0.264%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02570−0.070%$854K$751K10xas long as short
Paradex MON-USD-PERP+0.0098%8h0.02570−0.070%$8K$425xas long as short
Aftermath Perps MONUSD+0.0100%1h0.02558−0.534%$3K$75K10xas long as short
Nado MON-PERP+0.0100%1h0.02570−0.074%$392K$540K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MONlong+0.0100%1h0.02572long leg$34.8M$7.7M5x
Aster MONUSDT+0.0100%4h0.02568−0.148%$107K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02567−0.194%$13K5xas long as short
Pacifica MON+0.0100%1h0.02570−0.074%$142K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02569−0.101%$24.6M$25.6M75xas long as short
Bybit MONUSDT+0.0100%8h0.02567−0.179%$21.2M$12.1M50xas long as short
OKX MON-USDT-SWAPshort+0.0100%4h0.02568−0.148%$4.3M$6.0M50x
Bulk MON-USD+0.0100%1h0.02550−0.848%$105K$2K10xas long as short
Gate MON_USDT+0.0100%4h0.02569−0.109%$981K$894K50xas long as short
Bitget MONUSDT+0.0100%4h0.02571−0.031%$2.7M$1.9M25xas long as short
Variational Omni MON+0.0100%8h0.02558−0.552%$771K$407Kas long as short
edgeX MONUSDC+0.0100%4h0.02552−0.751%$47K$244K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02556−0.601%$579K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02559−0.498%$68K$484K50xas long as short
SoDEX MON-USD+0.0100%1h0.02566−0.226%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02574+0.088%$49K$455K10xas long as short
Aevo MON-PERP+0.0104%1h0.02566−0.245%$39K3xas long as short
KuCoin MONUSDTM+0.0200%4h0.02572+0.008%$3.0M$721K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02565−0.249%$8K50xas long as short
BloFin MON-USDT+0.0340%4h0.02553−0.731%$1.3M$306K75xas long as short
Perpl MON+0.0447%43m0.02567−0.202%$123K$1.8M10xas long as short
Kraken Futures PF_MONUSD+0.0465%1h0.02569−0.090%$270K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0808%1h0.02568−0.156%$113K$49K50xas long as short