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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0061%/8h= +6.7% APRpaid last 24h +0.024%
Price spread now: Aster against Injective+0.426%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Aster is 0.426% dearer against Injective than usual: you sell high and buy low: +$43 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective MON/USDC PERP0.025060.0039pay 0.0005% / 1h0m 46s$5K$1145.5x
ShortAster MONUSDT0.025170.0100get 0.0050% / 4h2h 00m$100K$221K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Injective. 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
$12.79
Price spread: +0.426% → 0.000%
$42.59
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Aster: 4 bp × 2 orders
−$8
Net
$47.36
Costs to cover
0.080%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Aster: live order book, 46 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 Injective no order-book sample
Sell Aster live order book, 46 min ago14.04 bp28.4 bp −$28doesn't fitdoesn't fitdoesn't fit
Injective: 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
Backpack MON_USDC_PERP−0.0064%1h0.02518+0.475%$114K$154K10xas long as short
Phoenix MON0.0000%1h0.02517+0.443%$12K$355K5xas long as short
Bybit MONUSDT+0.0018%8h0.02514+0.319%$20.7M$13.7M50xas long as short
Aftermath Perps MONUSD+0.0020%1h0.02519+0.523%$5K$97K10xas long as short
Injective MON/USDC PERPlong+0.0039%1h0.02506long leg$5K$1145.5x
01 Exchange MONUSD+0.0064%1h0.02519+0.523%$7K$2K5xas long as short
Orderly PERP_MON_USDC+0.0084%4h0.02517+0.439%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02517+0.439%$812K$776K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02517+0.428%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02522+0.655%$403K$578K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02519+0.535%$34.0M$7.8M5xas long as short
Aster MONUSDTshort+0.0100%4h0.02517+0.426%$100K$221K10x
dYdX MON-USD+0.0100%1h0.02519+0.507%$13K5xas long as short
Pacifica MON+0.0100%1h0.02520+0.547%$139K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02515+0.375%$23.9M$27.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02515+0.359%$4.2M$6.2M50xas long as short
Bulk MON-USD+0.0100%1h0.02520+0.553%$103K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02517+0.439%$942K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02520+0.559%$2.9M$767K75xas long as short
Bitget MONUSDT+0.0100%4h0.02517+0.439%$2.7M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02514+0.301%$746K$413Kas long as short
edgeX MONUSDC+0.0100%4h0.02517+0.452%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02520+0.557%$560K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02522+0.638%$68K$532K50xas long as short
SoDEX MON-USD+0.0100%1h0.02517+0.439%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02520+0.561%$53K$262K10xas long as short
Aevo MON-PERP+0.0104%1h0.02516+0.419%$38K3xas long as short
Deribit MON_USDC-PERPETUAL+0.0227%1h0.02518+0.463%$74K$135K25xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02515+0.363%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02522+0.638%$1.3M$349K75xas long as short
Perpl MON+0.0447%43m0.02518+0.495%$115K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0456%1h0.02542+1.457%$112K$56K50xas long as short
Kraken Futures PF_MONUSD+0.1010%1h0.02520+0.545%$271K$118K10xas long as short