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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0004%/8h= −0.5% APRpaid last 24h −0.005%
Price spread now: Paradex against Nado−0.201%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · Paradex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Paradex is 0.201% cheaper against Nado than usual: you would sell low and buy high, −$20 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MON-PERP0.025280.0100pay 0.0012% / 1h54m 54s$427K$578K10x
ShortParadex MON-USD-PERP0.025230.0096get 0.0096% / 8h3h 54m$8K$425x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$0.9
Price spread: −0.201% → 0.000%
−$20.15
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$32.05
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Nado: live order book, 63 min ago; Paradex: 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 Nado live order book, 63 min ago1.39 bp11.7 bp −$121307.8 bp −$13.1Kdoesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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
Injective MON/USDC PERP−0.0203%1h0.02507−0.827%$5K$1095.5xas long as short
Bybit MONUSDT−0.0087%8h0.02528+0.004%$20.8M$13.4M50xas long as short
Phoenix MON0.0000%1h0.02520−0.313%$12K$358K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02529+0.059%$74K$136K25xas long as short
Orderly PERP_MON_USDC+0.0072%4h0.02528+0.004%$16K$34K10xas long as short
Paradex MON-USD-PERPshort+0.0096%8h0.02523−0.201%$8K$425x
Lighter MON+0.0096%1h0.02531+0.122%$849K$732K10xas long as short
Nado MON-PERPlong+0.0100%1h0.02528long leg$427K$578K10x
Hyperliquid MON+0.0100%1h0.02530+0.087%$34.1M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02527−0.028%$101K$222K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02526−0.063%$13K5xas long as short
Pacifica MON+0.0100%1h0.02524−0.151%$139K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02529+0.043%$24.1M$26.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02528+0.004%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02510−0.708%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02528+0.004%$949K$978K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02530+0.083%$2.9M$756K75xas long as short
Bitget MONUSDT+0.0100%4h0.02530+0.083%$2.7M$2.2M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02532+0.154%$114K$151K10xas long as short
Variational Omni MON+0.0100%8h0.02521−0.271%$745K$410Kas long as short
edgeX MONUSDC+0.0100%4h0.02520−0.318%$41K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02522−0.238%$565K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02521−0.273%$68K$512K50xas long as short
SoDEX MON-USD+0.0100%1h0.02528+0.004%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02531+0.126%$48K$519K10xas long as short
Aevo MON-PERP+0.0104%1h0.02527−0.016%$38K3xas long as short
01 Exchange MONUSD+0.0136%1h0.02528+0.004%$6K$1K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02529+0.043%$9K50xas long as short
Aftermath Perps MONUSD+0.0289%1h0.02520−0.318%$2K$74K10xas long as short
BloFin MON-USDT+0.0340%4h0.02526−0.076%$1.3M$341K75xas long as short
Coinbase International MON-PERP-INTX+0.0368%1h0.02524−0.155%$110K$57K50xas long as short
Perpl MON+0.0447%43m0.02528−0.012%$115K$2.3M10xas long as short
Kraken Futures PF_MONUSD+0.0721%1h0.02530+0.086%$272K$113K10xas long as short