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

MON

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0189%/8h= +20.7% APRpaid last 24h +0.019%
Price spread now: Gate against Injective+2.275%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 feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Gate is 2.275% dearer against Injective than usual: you sell high and buy low: +$228 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 PERP0.02505−0.0089get 0.0011% / 1h5m 19s$5K$1085.5x
ShortGate MON_USDT0.025620.0100get 0.0050% / 4h3h 05m$981K$1.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$39.63
Price spread: +2.275% → 0.000%
$227.54
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$252.15
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Gate: live order book, 2 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 Gate live order book, 2 min ago3.91 bp23.5 bp −$23229.6 bp −$2,296doesn'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−0.0145%1h0.02564+2.343%$114K$149K10xas long as short
Injective MON/USDC PERPlong−0.0089%1h0.02505long leg$5K$1085.5x
Phoenix MON0.0000%1h0.02553+1.924%$14K$346K5xas long as short
Lighter MON+0.0096%1h0.02564+2.355%$835K$781K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02562+2.257%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02566+2.448%$393K$576K10xas long as short
Hyperliquid MON+0.0100%1h0.02566+2.415%$34.6M$6.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02563+2.323%$101K$202K10xas long as short
dYdX MON-USD+0.0100%1h0.02562+2.269%$13K5xas long as short
Pacifica MON+0.0100%1h0.02563+2.331%$142K$89K3xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance MONUSDT+0.0100%4h0.02563+2.326%$24.6M$26.9M75xas long as short
Bybit MONUSDT+0.0100%8h0.02562+2.271%$21.4M$13.5M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02563+2.315%$4.3M$6.2M50xas long as short
Gate MON_USDTshort+0.0100%4h0.02562+2.275%$981K$1.1M50x
KuCoin MONUSDTM+0.0100%4h0.02563+2.315%$2.9M$756K75xas long as short
Bitget MONUSDT+0.0100%4h0.02564+2.355%$2.8M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02559+2.159%$760K$376Kas long as short
edgeX MONUSDC+0.0100%4h0.02550+1.816%$42K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02552+1.873%$578K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02553+1.916%$69K$546K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02564+2.355%$16K$36K10xas long as short
SoDEX MON-USD+0.0100%1h0.02561+2.236%$5K$6K5xas long as short
Bulk MON-USD+0.0100%1h0.02542+1.468%$104K−$010xas long as short
Extended MON-USD+0.0104%1h0.02566+2.438%$61K$329K10xas long as short
Aevo MON-PERP+0.0104%1h0.02564+2.347%$39K3xas long as short
Deribit MON_USDC-PERPETUAL+0.0140%1h0.02565+2.391%$73K$135K25xas long as short
01 Exchange MONUSD+0.0168%1h0.02566+2.423%$6K$3K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02562+2.259%$7K50xas long as short
BloFin MON-USDT+0.0340%4h0.02550+1.796%$1.4M$384K75xas long as short
Perpl MON+0.0447%43m0.02554+1.964%$119K$2.1M10xas long as short
Aftermath Perps MONUSD+0.0569%1h0.02550+1.801%$4K$98K10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02575+2.798%$114K$53K50xas long as short
Kraken Futures PF_MONUSD+0.0781%1h0.02564+2.347%$275K$118K10xas long as short