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: Gate against Pacifica−0.016%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$1021.015% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.033%−$3 on $10k
Price spread, last 4 days (all we have)−0.231%−$23 · spread now −0.016%, 7d avg −0.027%
Together, before fees−0.263%+ Points / potential airdropPacifica: Active · farm board−$26 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica MON0.025060.0100pay 0.0013% / 1h32m 22s$138K$93K3x
ShortGate MON_USDT0.025060.0100get 0.0050% / 4h32m 22s$951K$984K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.016% → −0.027%
$1.06
Slippage, 4 orders
−$78.55
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$100.48
Costs to cover
1.015%
Break-even
never at this rate
Slippage from Pacifica: live order book, 25 min ago; Gate: live order book, 24 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, 25 min ago5.97 bp15.5 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 24 min ago7.92 bp25.5 bp −$26297.0 bp −$2,970doesn'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
01 Exchange MONUSD−0.0376%1h0.02507+0.016%$6K$1K5xas long as short
Backpack MON_USDC_PERP−0.0282%1h0.02506−0.028%$113K$152K10xas long as short
Injective MON/USDC PERP−0.0176%1h0.02498−0.335%$5K$1125.5xas long as short
Bybit MONUSDT−0.0164%8h0.02506−0.012%$20.6M$13.3M50xas long as short
Phoenix MON0.0000%1h0.02501−0.231%$12K$359K5xas long as short
Perpl MON0.0000%43m0.02509+0.112%$107K$2.3M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02508+0.072%$74K$136K25xas long as short
Orderly PERP_MON_USDC+0.0071%4h0.02507+0.024%$16K$41K10xas long as short
Variational Omni MON+0.0074%8h0.02489−0.712%$737K$407Kas long as short
Paradex MON-USD-PERP+0.0090%8h0.02506−0.009%$8K$425xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MON+0.0096%1h0.02510+0.144%$845K$749K10xas long as short
Hyperliquid MON+0.0100%1h0.02509+0.096%$33.9M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02506−0.032%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02505−0.055%$13K5xas long as short
Pacifica MONlong+0.0100%1h0.02506long leg$138K$93K3x
Binance MONUSDT+0.0100%4h0.02506−0.011%$23.8M$26.8M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02506−0.016%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02495−0.465%$102K$5K10xas long as short
Gate MON_USDTshort+0.0100%4h0.02506−0.016%$951K$984K50x
KuCoin MONUSDTM+0.0100%4h0.02505−0.056%$2.8M$752K75xas long as short
Bitget MONUSDT+0.0100%4h0.02510+0.144%$2.7M$2.2M25xas long as short
edgeX MONUSDC+0.0100%4h0.02496−0.407%$41K$250K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02499−0.282%$560K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02498−0.335%$67K$508K50xas long as short
Nado MON-PERP+0.0100%1h0.02509+0.116%$429K$573K10xas long as short
SoDEX MON-USD+0.0100%1h0.02507+0.024%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02509+0.086%$48K$521K10xas long as short
Aevo MON-PERP+0.0104%1h0.02506−0.004%$38K3xas long as short
Aftermath Perps MONUSD+0.0249%1h0.02501−0.223%$2K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02508+0.052%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02501−0.215%$1.3M$337K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02514+0.283%$110K$57K50xas long as short
Kraken Futures PF_MONUSD+0.0543%1h0.02511+0.191%$269K$114K10xas long as short