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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Pacifica+0.107%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$860.864% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.014%−$1 on $10k
Price spread, last 4 days (all we have)−0.163%−$16 · spread now +0.107%, 7d avg −0.025%
Together, before fees−0.177%+ Points / potential airdropPacifica: Active · farm board−$18 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 0.132% dearer against Pacifica than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of −0.025%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica MON0.025210.0100pay 0.0013% / 1h55m 57s$140K$92K3x
ShortBinance MONUSDT0.025230.0100get 0.0050% / 4h55m 57s$24.0M$26.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Pacifica. 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: +0.107% → −0.025%
$13.15
Slippage, 4 orders
−$68.38
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$73.23
Costs to cover
0.864%
Break-even
never at this rate
Slippage from Pacifica: live order book, 2 min ago; Binance: live order book, 15 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 Pacifica live order book, 2 min ago5.97 bp15.5 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 15 min ago1.98 bp16.0 bp −$1668.4 bp −$684277.0 bp −$27.7Kdoesn'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
Phoenix MON−0.0316%1h0.02518−0.103%$12K$355K5xas long as short
Backpack MON_USDC_PERP−0.0261%1h0.02526+0.218%$111K$151K10xas long as short
01 Exchange MONUSD−0.0200%1h0.02522+0.052%$6K$1K5xas long as short
Injective MON/USDC PERP−0.0176%1h0.02528+0.290%$5K$1085.5xas long as short
Bybit MONUSDT−0.0131%8h0.02521+0.012%$20.7M$13.2M50xas long as short
Perpl MON0.0000%43m0.02525+0.151%$108K$2.3M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02525+0.155%$68K$126K25xas long as short
Orderly PERP_MON_USDC+0.0082%4h0.02523+0.091%$16K$41K10xas long as short
Lighter MON+0.0096%1h0.02525+0.171%$841K$735K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02522+0.048%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02526+0.198%$413K$543K10xas long as short
Hyperliquid MON+0.0100%1h0.02526+0.222%$34.2M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02525+0.154%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02524+0.114%$13K5xas long as short
Pacifica MONlong+0.0100%1h0.02521long leg$140K$92K3x
Binance MONUSDTshort+0.0100%4h0.02523+0.107%$24.0M$26.6M75x
OKX MON-USDT-SWAP+0.0100%4h0.02522+0.052%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02515−0.226%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02525+0.171%$956K$968K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02525+0.171%$2.8M$746K75xas long as short
Bitget MONUSDT+0.0100%4h0.02525+0.171%$2.7M$2.1M25xas long as short
Variational Omni MON+0.0100%8h0.02521+0.015%$748K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02517−0.147%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02524+0.124%$565K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02518−0.107%$67K$504K50xas long as short
SoDEX MON-USD+0.0100%1h0.02523+0.091%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02525+0.168%$52K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02524+0.111%$38K3xas long as short
Aftermath Perps MONUSD+0.0257%1h0.02520−0.011%$2K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02524+0.123%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02510−0.424%$1.3M$325K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02534+0.528%$112K$56K50xas long as short
Kraken Futures PF_MONUSD+0.0539%1h0.02527+0.244%$269K$113K10xas long as short