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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.1103%/8h= −120.8% APRpaid last 24h −0.188%
Price spread now: Variational Omni against Kraken Futures−0.079%7-day average −0.215% · 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 4 days (all we have)−0.676%−$68 on $10k
Price spread, last 4 days (all we have)−0.339%−$34 · spread now −0.079%, 7d avg −0.215%
Together, before fees−1.015%+ Points / potential airdropVariational Omni: Active · farm board−$101 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.136% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.079% now, against its 7-day average of −0.215%): +$14 on $10k if it goes back. Holding the pair costs −$33 a day in funding at the current rate, which eats that in about 10 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_MONUSD0.025060.1203pay 0.0150% / 1h45m 32s$269K$119K10x
ShortVariational Omni MON0.025040.0100get 0.0100% / 8h45m 32s$743K$411K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$231.61
Price spread: −0.079% → −0.215%
$13.58
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$228.02
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: Kraken Futures: live order book, 57 min ago; Variational Omni: RFQ quote, 59 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 Kraken Futures live order book, 57 min ago17.99 bp28.8 bp −$298324.0 bp −$83.2Kdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 59 min ago14.03 bpdoesn't fit114.3 bp −$1,143doesn'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−0.0032%1h0.02500−0.239%$5K$1105.5xas long as short
Phoenix MON0.0000%1h0.02499−0.267%$13K$349K5xas long as short
Perpl MON0.0000%43m0.02509+0.108%$127K$2.2M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02504−0.096%$73K$138K25xas long as short
Lighter MON+0.0096%1h0.02503−0.120%$803K$785K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02501−0.212%$8K$425xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02505−0.040%$16K$42K10xas long as short
Nado MON-PERP+0.0100%1h0.02506−0.003%$393K$577K10xas long as short
Aster MONUSDT+0.0100%4h0.02502−0.152%$99K$213K10xas long as short
dYdX MON-USD+0.0100%1h0.02503−0.130%$13K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02502−0.159%$138K$92K3xas long as short
Binance MONUSDT+0.0100%4h0.02502−0.159%$23.8M$27.5M75xas long as short
Bybit MONUSDT+0.0100%8h0.02500−0.239%$20.7M$13.8M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02501−0.199%$4.2M$6.2M50xas long as short
Bulk MON-USD+0.0100%1h0.02500−0.239%$103K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02502−0.159%$932K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02507+0.040%$2.9M$766K75xas long as short
Bitget MONUSDT+0.0100%4h0.02502−0.159%$2.7M$2.3M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02505−0.028%$110K$156K10xas long as short
Variational Omni MONshort+0.0100%8h0.02504−0.079%$743K$411K
edgeX MONUSDC+0.0100%4h0.02507+0.046%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02508+0.080%$566K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02507+0.040%$68K$536K50xas long as short
SoDEX MON-USD+0.0100%1h0.02504−0.080%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02503−0.102%$52K$303K10xas long as short
Aevo MON-PERP+0.0104%1h0.02503−0.104%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02505−0.060%$6K50xas long as short
Hyperliquid MON+0.0309%1h0.02504−0.088%$33.9M$7.8M5xas long as short
BloFin MON-USDT+0.0340%4h0.02505−0.040%$1.3M$345K75xas long as short
01 Exchange MONUSD+0.0352%1h0.02504−0.080%$6K$3K5xas long as short
Aftermath Perps MONUSD+0.0561%1h0.02505−0.053%$6K$100K10xas long as short
Coinbase International MON-PERP-INTX+0.0680%1h0.02512+0.240%$111K$55K50xas long as short
Kraken Futures PF_MONUSDlong+0.1203%1h0.02506long leg$269K$119K10x