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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0014%/8h= +1.5% APRpaid last 24h +0.007%
Price spread now: SoDEX against Orderly0.000%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: $0 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_MON_USDC0.024960.0086pay 0.0043% / 4h1h 36m$16K$48K10x
ShortSoDEX MON-USD0.024960.0100get 0.0013% / 1h36m 36s$5K$6K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$2.97
Price spread: 0.000% → 0.000%
$0
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$11.03
Costs to cover
0.140%
Break-even
33.1 days
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample
Sell SoDEX no order-book sample
Orderly and 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
Phoenix MON0.0000%1h0.02503+0.276%$13K$353K5xas long as short
Bybit MONUSDT+0.0058%8h0.02489−0.264%$20.5M$13.7M50xas long as short
Orderly PERP_MON_USDClong+0.0086%4h0.02496long leg$16K$48K10x
Lighter MON+0.0096%1h0.02494−0.080%$800K$787K10xas long as short
Paradex MON-USD-PERP+0.0100%8h0.02491−0.204%$7K$425xas long as short
Nado MON-PERP+0.0100%1h0.02499+0.116%$397K$572K10xas long as short
Aster MONUSDT+0.0100%4h0.02494−0.081%$99K$221K10xas long as short
dYdX MON-USD+0.0100%1h0.02494−0.067%$12K5xas long as short
Pacifica MON+0.0100%1h0.02493−0.120%$138K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02491−0.207%$23.7M$27.5M75xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX MON-USDT-SWAP+0.0100%4h0.02489−0.280%$4.2M$6.1M50xas long as short
Bulk MON-USD+0.0100%1h0.02500+0.160%$103K$1K10xas long as short
Gate MON_USDT+0.0100%4h0.02493−0.120%$933K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02499+0.120%$2.8M$762K75xas long as short
Bitget MONUSDT+0.0100%4h0.02494−0.080%$2.7M$2.2M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02496−0.016%$111K$155K10xas long as short
Variational Omni MON+0.0100%8h0.02496−0.017%$741K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02493−0.119%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02500+0.160%$555K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02498+0.080%$68K$534K50xas long as short
SoDEX MON-USDshort+0.0100%1h0.024960.000%$5K$6K5x
Extended MON-USD+0.0104%1h0.02495−0.057%$48K$266K10xas long as short
Aevo MON-PERP+0.0104%1h0.02496−0.020%$38K3xas long as short
Injective MON/USDC PERP+0.0109%1h0.02503+0.280%$5K$1105.5xas long as short
Aftermath Perps MONUSD+0.0207%1h0.02497+0.041%$6K$98K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0230% / S −0.0246%1h0.02496−0.020%$6K50xas long as short
01 Exchange MONUSD+0.0240%1h0.02492−0.160%$7K$2K5xas long as short
BloFin MON-USDT+0.0340%4h0.02498+0.080%$1.3M$348K75xas long as short
Hyperliquid MON+0.0405%1h0.02496−0.012%$33.7M$7.8M5xas long as short
Deribit MON_USDC-PERPETUAL+0.0431%1h0.02497+0.056%$73K$135K25xas long as short
Perpl MON+0.0447%43m0.02497+0.036%$114K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0576%1h0.02508+0.489%$110K$54K50xas long as short
Kraken Futures PF_MONUSD+0.0845%1h0.02500+0.165%$269K$118K10xas long as short