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+0.0251%/8h= +27.5% APRpaid last 24h +0.196%
Price spread now: Aftermath Perps against Orderly+0.004%7-day average · you sell dearer than you buy
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 feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_MON_USDC0.025210.0073pay 0.0037% / 4h3h 32m$16K$48K10x
ShortAftermath Perps MONUSD0.025210.0324get 0.0041% / 1h32m 35s$2K$74K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Orderly. 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
$52.68
Price spread: +0.004% → 0.000%
$0.4
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
$38.07
Costs to cover
0.150%
Break-even
1.9 days
Slippage unknown: Orderly: no order-book sample; Aftermath Perps: 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 Orderly no order-book sample
Sell Aftermath Perps no order-book sample
Orderly and Aftermath Perps: 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%1h0.02523+0.079%$5K$1125.5xas long as short
Bybit MONUSDT−0.0023%8h0.02517−0.159%$20.7M$13.4M50xas long as short
Phoenix MON0.0000%1h0.02522+0.036%$12K$358K5xas long as short
Orderly PERP_MON_USDClong+0.0073%4h0.02521long leg$16K$48K10x
Backpack MON_USDC_PERP+0.0091%1h0.02522+0.024%$112K$151K10xas long as short
Lighter MON+0.0096%1h0.025210.000%$845K$732K10xas long as short
Paradex MON-USD-PERP+0.0097%8h0.02518−0.100%$8K$425xas long as short
Nado MON-PERP+0.0100%1h0.02523+0.065%$413K$584K10xas long as short
Hyperliquid MON+0.0100%1h0.02522+0.044%$34.0M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02520−0.031%$101K$222K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX MON-USD+0.0100%1h0.02521−0.009%$13K5xas long as short
Pacifica MON+0.0100%1h0.02521−0.020%$139K$93K3xas long as short
Binance MONUSDT+0.0100%4h0.02519−0.064%$24.0M$26.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02518−0.119%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02520−0.040%$103K$2K10xas long as short
Gate MON_USDT+0.0100%4h0.02520−0.040%$943K$982K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02524+0.119%$2.9M$761K75xas long as short
Bitget MONUSDT+0.0100%4h0.02520−0.040%$2.7M$2.2M25xas long as short
Variational Omni MON+0.0100%8h0.02519−0.097%$746K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02521+0.001%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02523+0.075%$568K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02523+0.079%$68K$518K50xas long as short
SoDEX MON-USD+0.0100%1h0.025210.000%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02520−0.023%$48K$519K10xas long as short
Aevo MON-PERP+0.0104%1h0.02520−0.048%$38K3xas long as short
01 Exchange MONUSD+0.0208%1h0.02519−0.060%$6K$1K5xas long as short
Deribit MON_USDC-PERPETUAL+0.0226%1h0.02521+0.008%$74K$136K25xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02520−0.052%$9K50xas long as short
Aftermath Perps MONUSDshort+0.0324%1h0.02521+0.004%$2K$74K10x
BloFin MON-USDT+0.0340%4h0.025210.000%$1.3M$340K75xas long as short
Coinbase International MON-PERP-INTX+0.0368%1h0.02526+0.210%$110K$57K50xas long as short
Perpl MON+0.0447%43m0.02521−0.012%$114K$2.3M10xas long as short
Kraken Futures PF_MONUSD+0.0723%1h0.02524+0.106%$271K$113K10xas long as short