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

MON

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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: SoDEX against Nado−0.231%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 4 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 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.231% cheaper against Nado than usual: you would sell low and buy high, −$23 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado MON-PERP0.025110.0100pay 0.0012% / 1h54m 08s$393K$573K10x
ShortSoDEX MON-USD0.025050.0100get 0.0013% / 1h54m 08s$5K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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: −0.231% → 0.000%
−$23.08
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$38.08
Costs to cover
0.150%
Break-even
95309870683596.3 days
Slippage unknown: Nado: live order book, 44 min ago; SoDEX: 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, 44 min ago2.20 bp11.0 bp −$111921.1 bp −$19.2Kdoesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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
Backpack MON_USDC_PERP−0.0358%1h0.02505−0.215%$109K$157K10xas long as short
Injective MON/USDC PERP−0.0089%1h0.02505−0.231%$5K$1085.5xas long as short
Phoenix MON0.0000%1h0.02506−0.183%$13K$346K5xas long as short
Perpl MON0.0000%43m0.02508−0.111%$119K$2.2M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02508−0.127%$73K$137K25xas long as short
Gate MON_USDT+0.0078%4h0.02510−0.032%$939K$1.0M50xas long as short
Lighter MON+0.0096%1h0.02507−0.151%$805K$765K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02505−0.235%$8K$425xas long as short
Nado MON-PERPlong+0.0100%1h0.02511long leg$393K$573K10x
Hyperliquid MON+0.0100%1h0.025110.000%$33.9M$7.8M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02507−0.144%$99K$213K10xas long as short
dYdX MON-USD+0.0100%1h0.02512+0.052%$13K5xas long as short
Pacifica MON+0.0100%1h0.02508−0.095%$139K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02504−0.271%$23.8M$27.6M75xas long as short
Bybit MONUSDT+0.0100%8h0.02504−0.271%$20.9M$13.9M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02502−0.350%$4.2M$6.2M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02510−0.032%$2.9M$765K75xas long as short
Bitget MONUSDT+0.0100%4h0.02507−0.151%$2.7M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02508−0.108%$745K$408Kas long as short
edgeX MONUSDC+0.0100%4h0.02509−0.078%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02506−0.201%$558K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02505−0.231%$68K$544K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02508−0.111%$16K$42K10xas long as short
SoDEX MON-USDshort+0.0100%1h0.02505−0.231%$5K$6K5x
Bulk MON-USD+0.0100%1h0.02505−0.231%$103K−$010xas long as short
Extended MON-USD+0.0104%1h0.02510−0.041%$50K$318K10xas long as short
Aevo MON-PERP+0.0104%1h0.02507−0.151%$38K3xas long as short
01 Exchange MONUSD+0.0208%1h0.02507−0.171%$6K$3K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02508−0.127%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02502−0.350%$1.3M$333K75xas long as short
Aftermath Perps MONUSD+0.0468%1h0.02509−0.081%$5K$103K10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02519+0.331%$111K$54K50xas long as short
Kraken Futures PF_MONUSD+0.0799%1h0.02506−0.176%$269K$118K10xas long as short