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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.005%
Price spread now: edgeX against Nado−0.743%7-day average −0.173% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$670.672% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.661%+$66 · spread now −0.743%, 7d avg −0.173%
Together, before fees+0.660%+ Points / potential airdropNado: Active · edgeX: Active · farm board+$66 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.570% cheaper against Nado than usual: you would sell low and buy high, −$57 on $10k if it goes back to its 7-day average of −0.173%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MON-PERP0.025180.0100pay 0.0012% / 1h22m 51s$390K$573K10x
ShortedgeX MONUSDC0.024990.0100get 0.0050% / 4h3h 22m$41K$250K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
$0
Price spread: −0.743% → −0.173%
−$56.98
Slippage, 4 orders
−$51.24
Fee Nado: 3.5 bp × 2 orders
−$7
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$124.23
Costs to cover
0.672%
Break-even
310905629036124.7 days
Slippage from Nado: live order book, 10 min ago; edgeX: live order book, 9 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, 10 min ago0.40 bp9.1 bp −$91299.6 bp −$13.0Kdoesn't fitdoesn't fit
Sell edgeX live order book, 9 min ago10.01 bp22.2 bp −$22doesn't fitdoesn'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
Backpack MON_USDC_PERP−0.0137%1h0.02521+0.118%$112K$156K10xas long as short
Injective MON/USDC PERP−0.0089%1h0.02505−0.501%$5K$1085.5xas long as short
Phoenix MON0.0000%1h0.02501−0.672%$13K$346K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02520+0.102%$73K$137K25xas long as short
Lighter MON+0.0096%1h0.02522+0.174%$810K$766K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02514−0.163%$8K$425xas long as short
Nado MON-PERPlong+0.0100%1h0.02518long leg$390K$573K10x
Hyperliquid MON+0.0100%1h0.02523+0.210%$34.1M$6.8M5xas long as short
Aster MONUSDT+0.0100%4h0.02515−0.117%$99K$213K10xas long as short
dYdX MON-USD+0.0100%1h0.02502−0.632%$12K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02513−0.188%$139K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02518+0.015%$24.1M$27.7M75xas long as short
Bybit MONUSDT+0.0100%8h0.02518+0.015%$21.0M$13.8M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02518+0.015%$4.2M$6.2M50xas long as short
Bulk MON-USD+0.0100%1h0.02492−1.021%$102K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02517−0.025%$946K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02517−0.025%$2.9M$769K75xas long as short
Bitget MONUSDT+0.0100%4h0.02522+0.174%$2.7M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02493−0.977%$740K$378Kas long as short
edgeX MONUSDCshort+0.0100%4h0.02499−0.743%$41K$250K10x
GRVT MON_USDT_Perp+0.0100%4h0.02500−0.714%$567K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02499−0.740%$68K$545K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02518+0.015%$16K$40K10xas long as short
SoDEX MON-USD+0.0100%1h0.02520+0.094%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02522+0.172%$58K$332K10xas long as short
Aevo MON-PERP+0.0104%1h0.02519+0.055%$38K3xas long as short
01 Exchange MONUSD+0.0136%1h0.02517−0.041%$6K$3K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02519+0.063%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02518+0.015%$1.4M$372K75xas long as short
Perpl MON+0.0447%43m0.02521+0.122%$119K$2.1M10xas long as short
Aftermath Perps MONUSD+0.0485%1h0.02505−0.517%$5K$102K10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02525+0.293%$111K$53K50xas long as short
Kraken Futures PF_MONUSD+0.0793%1h0.02523+0.215%$271K$118K10xas long as short