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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%
Price spread now: Extended against Pacifica+0.084%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$110as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1101.102% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.001%$0 on $10k
Price spread, last 4 days (all we have)−0.015%−$1 · spread now +0.084%, 7d avg +0.088%
Together, before fees−0.014%+ Points / potential airdropPacifica: Active · Extended: Active · farm board−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica MON0.025210.0100pay 0.0013% / 1h54m 49s$140K$92K3x
ShortExtended MON-USD0.025230.0104get 0.0013% / 1h54m 49s$52K$517K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$0.84
Price spread: +0.084% → +0.088%
−$0.4
Slippage, 4 orders
−$97.17
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$109.73
Costs to cover
1.102%
Break-even
921.4 days
Slippage from Pacifica: live order book, 3 min ago; Extended: live order book, 3 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, 3 min ago5.97 bp15.5 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 3 min ago5.98 bp29.0 bp −$29229.2 bp −$2,292doesn't fitdoesn'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%1h0.02517−0.159%$12K$359K5xas long as short
Backpack MON_USDC_PERP−0.0298%1h0.02520−0.036%$111K$151K10xas long as short
01 Exchange MONUSD−0.0192%1h0.02519−0.060%$6K$1K5xas long as short
Injective MON/USDC PERP−0.0176%1h0.02517−0.159%$5K$1095.5xas long as short
Deribit MON_USDC-PERPETUAL−0.0147%1h0.02519−0.087%$68K$126K25xas long as short
Bybit MONUSDT−0.0136%8h0.02517−0.147%$20.7M$13.2M50xas long as short
Perpl MON0.0000%43m0.02519−0.067%$108K$2.3M10xas long as short
Orderly PERP_MON_USDC+0.0082%4h0.02519−0.079%$16K$41K10xas long as short
Lighter MON+0.0096%1h0.025210.000%$840K$735K10xas long as short
Paradex MON-USD-PERP+0.0099%8h0.02518−0.133%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02522+0.032%$411K$543K10xas long as short
Hyperliquid MON+0.0100%1h0.02521−0.004%$34.1M$7.4M5xas long as short
Aster MONUSDT+0.0100%4h0.02522+0.023%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02521−0.018%$13K5xas long as short
Pacifica MONlong+0.0100%1h0.02521long leg$140K$92K3x
Binance MONUSDT+0.0100%4h0.02518−0.119%$23.9M$26.6M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02517−0.159%$4.2M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02515−0.238%$103K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.025210.000%$954K$968K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02522+0.040%$2.8M$746K75xas long as short
Bitget MONUSDT+0.0100%4h0.02522+0.040%$2.7M$2.1M25xas long as short
Variational Omni MON+0.0100%8h0.02521+0.003%$748K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02511−0.383%$41K$249K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02519−0.099%$563K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02517−0.159%$68K$505K50xas long as short
SoDEX MON-USD+0.0100%1h0.02517−0.159%$5K$6K5xas long as short
Extended MON-USDshort+0.0104%1h0.02523+0.084%$52K$517K10x
Aevo MON-PERP+0.0104%1h0.02519−0.071%$38K3xas long as short
Aftermath Perps MONUSD+0.0257%1h0.02520−0.022%$2K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02519−0.060%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02518−0.119%$1.3M$326K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02534+0.516%$112K$56K50xas long as short
Kraken Futures PF_MONUSD+0.0540%1h0.02521+0.014%$268K$113K10xas long as short