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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.117%
Price spread now: Hyperliquid against Nado−0.045%7-day average −0.030% · 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 3 days (all we have)+0.144%+$14 on $10k
Price spread, last 3 days (all we have)−0.294%−$29 · spread now −0.045%, 7d avg −0.030%
Together, before fees−0.150%+ Points / potential airdropNado: Active · Hyperliquid: Season 2 · farm board−$15 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MON-PERP0.025790.0100pay 0.0012% / 1h15m 17s$388K$539K10x
ShortHyperliquid MON0.025780.0100get 0.0013% / 1h15m 17s$34.9M$7.4M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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: −0.045% → −0.030%
−$1.49
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$17.49
Costs to cover
0.160%
Break-even
1796596295330700.5 days
Slippage unknown: Nado: live order book, 3 min ago; Hyperliquid: live order book, 8 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 Nado live order book, 3 min ago2.33 bp11.1 bp −$111150.3 bp −$11.5Kdoesn't fitdoesn't fit
Sell Hyperliquid live order book, 8 min ago1.16 bpdoesn't fitdoesn'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
Bybit MONUSDT−0.0060%8h0.02573−0.246%$21.4M$11.8M50xas long as short
Injective MON/USDC PERP−0.0053%1h0.02575−0.153%$6K$1095.5xas long as short
Phoenix MON0.0000%1h0.02576−0.126%$13K$362K5xas long as short
Perpl MON0.0000%43m0.02575−0.149%$142K$1.8M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02576−0.126%$70K$119K25xas long as short
01 Exchange MONUSD+0.0016%1h0.02578−0.033%$6K$1K5xas long as short
Aftermath Perps MONUSD+0.0025%1h0.02577−0.085%$2K$73K10xas long as short
Orderly PERP_MON_USDC+0.0067%4h0.02574−0.192%$17K$64K10xas long as short
Paradex MON-USD-PERP+0.0085%8h0.02575−0.151%$8K$425xas long as short
Lighter MON+0.0096%1h0.02578−0.037%$854K$773K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERPlong+0.0100%1h0.02579long leg$388K$539K10x
Hyperliquid MONshort+0.0100%1h0.02578−0.045%$34.9M$7.4M5x
Aster MONUSDT+0.0100%4h0.02576−0.106%$108K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02577−0.083%$13K5xas long as short
Pacifica MON+0.0100%1h0.02577−0.076%$142K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02575−0.145%$24.5M$24.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02573−0.231%$4.4M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02578−0.053%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02575−0.153%$999K$872K50xas long as short
Bitget MONUSDT+0.0100%4h0.02576−0.114%$2.7M$1.8M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02576−0.110%$128K$140K10xas long as short
Variational Omni MON+0.0100%8h0.02571−0.301%$779K$406Kas long as short
edgeX MONUSDC+0.0100%4h0.02574−0.173%$47K$244K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02577−0.076%$578K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02576−0.114%$69K$480K50xas long as short
SoDEX MON-USD+0.0100%1h0.02575−0.153%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02578−0.036%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02575−0.138%$39K3xas long as short
Kraken Futures PF_MONUSD+0.0174%1h0.02581+0.070%$271K$78K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02575−0.145%$9K50xas long as short
KuCoin MONUSDTM+0.0302%4h0.02581+0.080%$3.2M$669K75xas long as short
BloFin MON-USDT+0.0340%4h0.02575−0.153%$1.3M$293K75xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02607+1.076%$114K$49K50xas long as short