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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0741%/8h= −81.2% APRnext payment $0.93 per $10,000 · paid last 24h −0.187%
Price spread now: Aevo against Kraken Futures−0.185%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 feesneeds both histories
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Aevo is 0.185% cheaper against Kraken Futures than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_MONUSD0.025000.0845pay 0.0106% / 1h36m 58s$269K$118K10x
ShortAevo MON-PERP0.024960.0104get 0.0013% / 1h36m 58s$38K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo against Kraken Futures. 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
−$155.69
Price spread: −0.185% → 0.000%
−$18.51
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$200.2
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 6 min ago; Aevo: 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 Kraken Futures live order book, 6 min ago17.99 bp28.8 bp −$298324.0 bp −$83.2Kdoesn't fitdoesn't fit
Sell Aevo no order-book sample
Aevo: 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 MON0.0000%1h0.02503+0.111%$13K$353K5xas long as short
Bybit MONUSDT+0.0058%8h0.02491−0.361%$20.5M$13.7M50xas long as short
Orderly PERP_MON_USDC+0.0086%4h0.02496−0.165%$16K$48K10xas long as short
Lighter MON+0.0096%1h0.02496−0.165%$800K$787K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02494−0.227%$7K$425xas long as short
Nado MON-PERP+0.0100%1h0.02499−0.049%$397K$572K10xas long as short
Aster MONUSDT+0.0100%4h0.02495−0.222%$99K$221K10xas long as short
dYdX MON-USD+0.0100%1h0.02494−0.232%$12K5xas long as short
Pacifica MON+0.0100%1h0.02496−0.149%$138K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02492−0.315%$23.7M$27.5M75xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MON-USDT-SWAP+0.0100%4h0.02492−0.325%$4.2M$6.1M50xas long as short
Bulk MON-USD+0.0100%1h0.02500−0.005%$103K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02495−0.205%$934K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02499−0.045%$2.8M$762K75xas long as short
Bitget MONUSDT+0.0100%4h0.02495−0.205%$2.7M$2.2M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02496−0.181%$111K$155K10xas long as short
Variational Omni MON+0.0100%8h0.02496−0.183%$741K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02493−0.283%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02500−0.005%$555K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02498−0.085%$68K$534K50xas long as short
SoDEX MON-USD+0.0100%1h0.02496−0.165%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02496−0.150%$48K$266K10xas long as short
Aevo MON-PERPshort+0.0104%1h0.02496−0.185%$38K3x
Injective MON/USDC PERP+0.0109%1h0.02503+0.115%$5K$1105.5xas long as short
Aftermath Perps MONUSD+0.0207%1h0.02497−0.124%$6K$98K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0246%1h0.02496−0.185%$6K50xas long as short
01 Exchange MONUSD+0.0240%1h0.02496−0.149%$7K$2K5xas long as short
BloFin MON-USDT+0.0340%4h0.02498−0.085%$1.3M$348K75xas long as short
Hyperliquid MON+0.0407%1h0.02496−0.161%$33.7M$7.8M5xas long as short
Deribit MON_USDC-PERPETUAL+0.0431%1h0.02497−0.109%$73K$135K25xas long as short
Perpl MON+0.0447%43m0.02497−0.129%$114K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0576%1h0.02508+0.323%$110K$54K50xas long as short
Kraken Futures PF_MONUSDlong+0.0845%1h0.02500long leg$269K$118K10x