Funding arb · Price arb /

MON

all MON markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0108%/8h= −11.8% APRpaid last 24h +0.065%

Price spread now: 01 Exchange against OKX+0.220%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on OKX Short on 01 Exchange

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. 01 Exchange is 0.220% dearer against OKX than usual: you sell high and buy low (spread +0.220% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX MON-USDT-SWAP	0.02586	0.0100	pay 0.0050% / 4h	1h 39m	$4.4M	$5.9M	50x
Short	01 Exchange MONUSD	0.02592	−0.0008	pay 0.0001% / 1h	39m 01s	$6K	$1K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

01 Exchange 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

Position, each leg$Hold fordaysFee OKXbpFee 01 ExchangebpOrdersPrice spread, now +0.220%Rate

Funding earned: −$22.68
Price spread: +0.220% → 0.000%: $22.04
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee 01 Exchange: 3.5 bp × 2 orders: −$7
Net: −$17.64
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: OKX: live order book, 4 min ago; 01 Exchange: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy OKX live order book, 4 min ago	3.86 bp	16.4 bp −$16	82.1 bp −$821	doesn't fit	doesn't fit
Sell 01 Exchange no order-book sample	—	—	—	—	—

01 Exchange: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective MON/USDC PERP	−0.0053%	1h	0.02582	−0.155%	$6K	$107	5.5x	as long as short
Bybit MONUSDT	−0.0037%	8h	0.02586	0.000%	$21.5M	$11.8M	50x	as long as short
Deribit MON_USDC-PERPETUAL	−0.0020%	1h	0.02589	+0.124%	$70K	$119K	25x	as long as short
01 Exchange MONUSDshort	−0.0008%	1h	0.02592	+0.220%	$6K	$1K	5x
Phoenix MON	0.0000%	1h	0.02590	+0.162%	$13K	$362K	5x	as long as short
Perpl MON	0.0000%	43m	0.02591	+0.209%	$144K	$1.8M	10x	as long as short
Aftermath Perps MONUSD	+0.0027%	1h	0.02590	+0.144%	$2K	$74K	10x	as long as short
Orderly PERP_MON_USDC	+0.0073%	4h	0.02587	+0.039%	$17K	$64K	10x	as long as short
Paradex MON-USD-PERP	+0.0076%	8h	0.02590	+0.149%	$8K	$42	5x	as long as short
Lighter MON	+0.0096%	1h	0.02591	+0.193%	$858K	$773K	10x	as long as short

Show all 33 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid MON	+0.0100%	1h	0.02593	+0.263%	$35.1M	$7.4M	5x	as long as short
Aster MONUSDT	+0.0100%	4h	0.02591	+0.184%	$108K	$230K	10x	as long as short
dYdX MON-USD	+0.0100%	1h	0.02593	+0.276%	$13K	—	5x	as long as short
Pacifica MON	+0.0100%	1h	0.02592	+0.232%	$143K	$107K	3x	as long as short
Binance MONUSDT	+0.0100%	4h	0.02588	+0.090%	$24.6M	$24.6M	75x	as long as short
OKX MON-USDT-SWAPlong	+0.0100%	4h	0.02586	long leg	$4.4M	$5.9M	50x
Bulk MON-USD	+0.0100%	1h	0.02585	−0.023%	$109K	$3K	10x	as long as short
Gate MON_USDT	+0.0100%	4h	0.02591	+0.193%	$1.0M	$863K	50x	as long as short
Bitget MONUSDT	+0.0100%	4h	0.02591	+0.193%	$2.8M	$1.8M	25x	as long as short
Variational Omni MON	+0.0100%	8h	0.02587	+0.046%	$780K	$405K	—	as long as short
edgeX MONUSDC	+0.0100%	4h	0.02589	+0.114%	$47K	$242K	10x	as long as short
GRVT MON_USDT_Perp	+0.0100%	4h	0.02592	+0.216%	$583K	$1.5M	10x	as long as short
ApeX Omni MONUSDT	+0.0100%	1h	0.02590	+0.155%	$69K	$480K	50x	as long as short
Nado MON-PERP	+0.0100%	1h	0.02595	+0.350%	$389K	$537K	10x	as long as short
SoDEX MON-USD	+0.0100%	1h	0.02588	+0.077%	$5K	$6K	5x	as long as short
Extended MON-USD	+0.0104%	1h	0.02592	+0.230%	$52K	$407K	10x	as long as short
Aevo MON-PERP	+0.0104%	1h	0.02588	+0.062%	$39K	—	3x	as long as short
Kraken Futures PF_MONUSD	+0.0173%	1h	0.02590	+0.168%	$267K	$70K	10x	as long as short
GMX MON/USD [ETH-USDC]	L +0.0261% / S −0.0598%	1h	0.02591	+0.209%	$9K	—	50x	as long as short
BloFin MON-USDT	+0.0340%	4h	0.02588	+0.077%	$1.4M	$294K	75x	as long as short
KuCoin MONUSDTM	+0.0358%	4h	0.02597	+0.425%	$3.3M	$727K	75x	as long as short
Backpack MON_USDC_PERP	+0.0391%	1h	0.02590	+0.151%	$138K	$136K	10x	as long as short
Coinbase International MON-PERP-INTX	+0.0536%	1h	0.02607	+0.800%	$114K	$49K	50x	as long as short