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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0240%/8h= +26.3% APRpaid last 24h +0.019%
Price spread now: BloFin against Nado−0.364%7-day average −0.119% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$560.559% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.136%+$14 on $10k
Price spread, last 4 days (all we have)+1.133%+$113 · spread now −0.364%, 7d avg −0.119%
Together, before fees+1.269%+ Points / potential airdropNado: Active · farm board+$127 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.245% cheaper against Nado than usual: you would sell low and buy high (spread −0.364% now, against its 7-day average of −0.119%). If the spread goes back, that is −$25 on $10k: about 3.4 days of funding at the current rate (+$7 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MON-PERP0.025350.0100pay 0.0012% / 1h40m 35s$409K$540K10x
ShortBloFin MON-USDT0.025260.0340get 0.0170% / 4h1h 40m$1.3M$307K75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Nado. 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
$50.4
Price spread: −0.364% → −0.119%
−$24.53
Slippage, 4 orders
−$36.9
Fee Nado: 3.5 bp × 2 orders
−$7
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$30.03
Costs to cover
0.559%
Break-even
11.2 days
Slippage from Nado: live order book, 22 min ago; BloFin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 22 min ago1.77 bp9.9 bp −$101164.1 bp −$11.6Kdoesn't fitdoesn't fit
Sell BloFin live order book, 2 min ago3.94 bp12.9 bp −$1339.8 bp −$398142.6 bp −$14.3Kdoesn'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
Phoenix MON−0.0316%1h0.02528−0.270%$13K$367K5xas long as short
Backpack MON_USDC_PERP−0.0266%1h0.02531−0.163%$114K$152K10xas long as short
Injective MON/USDC PERP−0.0253%1h0.02531−0.167%$5K$1065.5xas long as short
Bybit MONUSDT−0.0148%8h0.02530−0.207%$20.7M$12.9M50xas long as short
01 Exchange MONUSD−0.0048%1h0.02534−0.033%$6K$1K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02528−0.278%$68K$125K25xas long as short
Orderly PERP_MON_USDC+0.0076%4h0.02529−0.246%$16K$51K10xas long as short
Lighter MON+0.0096%1h0.02534−0.049%$844K$738K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02533−0.099%$8K$425xas long as short
Nado MON-PERPlong+0.0100%1h0.02535long leg$409K$540K10x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02532−0.112%$34.3M$7.4M5xas long as short
Aster MONUSDT+0.0100%4h0.02534−0.061%$101K$229K10xas long as short
dYdX MON-USD+0.0100%1h0.02532−0.136%$13K5xas long as short
Pacifica MON+0.0100%1h0.02532−0.120%$140K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02533−0.074%$24.1M$26.0M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02531−0.167%$4.2M$5.8M50xas long as short
Bulk MON-USD+0.0100%1h0.02530−0.207%$105K$4K10xas long as short
Gate MON_USDT+0.0100%4h0.02532−0.128%$947K$917K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02532−0.128%$2.9M$742K75xas long as short
Bitget MONUSDT+0.0100%4h0.02532−0.128%$2.7M$2.0M25xas long as short
Variational Omni MON+0.0100%8h0.02524−0.463%$750K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02536+0.042%$44K$247K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02537+0.075%$568K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02537+0.070%$68K$501K50xas long as short
SoDEX MON-USD+0.0100%1h0.02528−0.285%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02534−0.068%$50K$521K10xas long as short
Aevo MON-PERP+0.0104%1h0.02527−0.325%$38K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02528−0.293%$9K50xas long as short
Aftermath Perps MONUSD+0.0272%1h0.02533−0.072%$2K$74K10xas long as short
BloFin MON-USDTshort+0.0340%4h0.02526−0.364%$1.3M$307K75x
Perpl MON+0.0447%43m0.02534−0.045%$106K$2.3M10xas long as short
Kraken Futures PF_MONUSD+0.0492%1h0.02530−0.209%$269K$100K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02542+0.259%$111K$52K50xas long as short