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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against OKX+0.214%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$710.711% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.042%+$4 on $10k
Price spread, last 7 days−0.170%−$17 · spread now +0.214%, 7d avg +0.034%
Together, before fees−0.129%−$13 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: Binance is 0.179% dearer against OKX than usual: you sell high and buy low, +$18 on $10k if it goes back to its 7-day average of +0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX MON-USDT-SWAP0.025700.0100pay 0.0050% / 4h2h 54m$4.4M$6.0M50x
ShortBinance MONUSDT0.025750.0100get 0.0050% / 4h2h 54m$24.5M$24.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against OKX. 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: +0.214% → +0.034%
$17.94
Slippage, 4 orders
−$51.13
Fee OKX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$53.19
Costs to cover
0.711%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Binance: 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 OKX live order book, 3 min ago1.93 bp20.2 bp −$2088.5 bp −$885doesn't fitdoesn't fit
Sell Binance live order book, 2 min ago1.93 bp18.1 bp −$1861.7 bp −$617304.7 bp −$30.5Kdoesn'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
Injective MON/USDC PERP−0.0739%1h0.02587+0.661%$6K$1075.5xas long as short
01 Exchange MONUSD−0.0400%1h0.02583+0.486%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02586+0.615%$13K$384K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02589+0.751%$64K$103K25xas long as short
Bybit MONUSDT+0.0002%8h0.02571+0.054%$21.5M$11.8M50xas long as short
Orderly PERP_MON_USDC+0.0093%4h0.02587+0.661%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02584+0.545%$847K$753K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02577+0.289%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02577+0.278%$347K$537K10xas long as short
Hyperliquid MON+0.0100%1h0.02575+0.198%$34.7M$7.4M5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02585+0.584%$108K$233K10xas long as short
dYdX MON-USD+0.0100%1h0.02584+0.544%$13K5xas long as short
Pacifica MON+0.0100%1h0.02582+0.459%$143K$108K3xas long as short
Binance MONUSDTshort+0.0100%4h0.02575+0.214%$24.5M$24.6M75x
OKX MON-USDT-SWAPlong+0.0100%4h0.02570long leg$4.4M$6.0M50x
Bulk MON-USD+0.0100%1h0.02610+1.556%$110K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02580+0.389%$1.0M$926K50xas long as short
Bitget MONUSDT+0.0100%4h0.02576+0.233%$2.7M$1.8M25xas long as short
Variational Omni MON+0.0100%8h0.02579+0.369%$775K$403Kas long as short
edgeX MONUSDC+0.0100%4h0.02589+0.720%$48K$241K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02590+0.761%$580K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02587+0.661%$69K$482K50xas long as short
SoDEX MON-USD+0.0100%1h0.02588+0.700%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02582+0.482%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02587+0.673%$39K3xas long as short
Backpack MON_USDC_PERP+0.0130%1h0.02588+0.689%$136K$137K10xas long as short
Kraken Futures PF_MONUSD+0.0132%1h0.02589+0.727%$259K$59K10xas long as short
BloFin MON-USDT+0.0134%4h0.02587+0.661%$1.4M$242K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0313% / S −0.1052%1h0.02588+0.696%$13K50xas long as short
KuCoin MONUSDTM+0.0366%4h0.02588+0.700%$3.2M$790K75xas long as short
Aftermath Perps MONUSD+0.0417%1h0.02595+0.980%$2K$73K10xas long as short
Perpl MON+0.0447%43m0.02576+0.226%$144K$1.8M10xas long as short
Coinbase International MON-PERP-INTX+0.0648%1h0.02625+2.152%$115K$51K50xas long as short