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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0030%/8h= +3.3% APRnext payment +$0.15 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Orderly−0.021%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 7 days+0.056%+$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Binance is 0.021% cheaper against Orderly than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 2.4 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_MON_USDC0.025590.0070pay 0.0035% / 4h10m 04s$17K$64K10x
ShortBinance MONUSDT0.025580.0100get 0.0050% / 4h10m 04s$24.4M$25.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$6.33
Price spread: −0.021% → 0.000%
−$2.13
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Binance: 5 bp × 2 orders
−$10
Net
−$11.8
Costs to cover
0.160%
Break-even
20.0 days
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 1 min ago. 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 Binance live order book, 1 min ago1.96 bp12.3 bp −$1259.4 bp −$594346.2 bp −$34.6Kdoesn't fit
Orderly: 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−0.0121%1h0.025590.000%$6K$1095.5xas long as short
01 Exchange MONUSD−0.0096%1h0.02561+0.063%$6K$1K5xas long as short
Bybit MONUSDT−0.0029%8h0.02557−0.078%$21.1M$12.1M50xas long as short
Phoenix MON0.0000%1h0.02557−0.094%$13K$360K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02561+0.074%$69K$119K25xas long as short
Orderly PERP_MON_USDClong+0.0070%4h0.02559long leg$17K$64K10x
Lighter MON+0.0096%1h0.02561+0.078%$850K$794K10xas long as short
Paradex MON-USD-PERP+0.0096%8h0.02559+0.003%$8K$425xas long as short
Aftermath Perps MONUSD+0.0099%1h0.02559−0.007%$3K$75K10xas long as short
Nado MON-PERP+0.0100%1h0.02563+0.163%$391K$541K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02561+0.078%$34.7M$7.7M5xas long as short
Aster MONUSDT+0.0100%4h0.02559+0.012%$106K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02557−0.066%$13K5xas long as short
Pacifica MON+0.0100%1h0.02558−0.047%$141K$105K3xas long as short
Binance MONUSDTshort+0.0100%4h0.02558−0.021%$24.4M$25.5M75x
OKX MON-USDT-SWAP+0.0100%4h0.02557−0.078%$4.3M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02555−0.156%$107K$39010xas long as short
Gate MON_USDT+0.0100%4h0.02558−0.039%$976K$912K50xas long as short
Bitget MONUSDT+0.0100%4h0.02560+0.039%$2.7M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02560+0.023%$127K$141K10xas long as short
Variational Omni MON+0.0100%8h0.02552−0.288%$772K$407Kas long as short
edgeX MONUSDC+0.0100%4h0.02555−0.149%$47K$243K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02558−0.034%$579K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02558−0.039%$68K$481K50xas long as short
SoDEX MON-USD+0.0100%1h0.025590.000%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02562+0.120%$51K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02558−0.043%$39K3xas long as short
KuCoin MONUSDTM+0.0250%4h0.02564+0.195%$3.0M$719K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02560+0.043%$8K50xas long as short
BloFin MON-USDT+0.0340%4h0.02556−0.117%$1.3M$306K75xas long as short
Kraken Futures PF_MONUSD+0.0422%1h0.02561+0.073%$269K$78K10xas long as short
Perpl MON+0.0447%43m0.02560+0.051%$125K$1.8M10xas long as short
Coinbase International MON-PERP-INTX+0.0480%1h0.02609+1.950%$115K$50K50xas long as short