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−0.0009%/8h= −1.0% APRpaid last 24h 0.000%
Price spread now: Paradex against Pacifica−0.169%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Paradex is 0.169% cheaper against Pacifica than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica MON0.025170.0100pay 0.0013% / 1h29m 14s$139K$93K3x
ShortParadex MON-USD-PERP0.025130.0091get 0.0091% / 8h4h 29m$8K$425x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
−$1.97
Price spread: −0.169% → 0.000%
−$16.91
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Paradex: 2 bp × 2 orders
−$4
Net
−$30.89
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 28 min ago; Paradex: 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 Pacifica live order book, 28 min ago5.97 bp15.5 bp −$15doesn't fitdoesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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
01 Exchange MONUSD−0.0320%1h0.02515−0.087%$6K$1K5xas long as short
Backpack MON_USDC_PERP−0.0234%1h0.02521+0.151%$114K$151K10xas long as short
Injective MON/USDC PERP−0.0176%1h0.02498−0.771%$5K$1125.5xas long as short
Bybit MONUSDT−0.0152%8h0.02513−0.175%$20.7M$13.3M50xas long as short
Phoenix MON0.0000%1h0.02515−0.111%$12K$359K5xas long as short
Perpl MON0.0000%43m0.02515−0.103%$108K$2.3M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02516−0.068%$74K$136K25xas long as short
Orderly PERP_MON_USDC+0.0071%4h0.02515−0.095%$16K$41K10xas long as short
Variational Omni MON+0.0077%8h0.02509−0.331%$741K$409Kas long as short
Paradex MON-USD-PERPshort+0.0091%8h0.02513−0.169%$8K$425x
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter MON+0.0096%1h0.02515−0.095%$847K$749K10xas long as short
Nado MON-PERP+0.0100%1h0.02516−0.043%$428K$573K10xas long as short
Hyperliquid MON+0.0100%1h0.02516−0.048%$34.0M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02516−0.036%$101K$222K10xas long as short
dYdX MON-USD+0.0100%1h0.02519+0.046%$13K5xas long as short
Pacifica MONlong+0.0100%1h0.02517long leg$139K$93K3x
Binance MONUSDT+0.0100%4h0.02514−0.135%$23.9M$26.9M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02511−0.254%$4.2M$6.0M50xas long as short
Bulk MON-USD+0.0100%1h0.02495−0.900%$102K$5K10xas long as short
Gate MON_USDT+0.0100%4h0.02515−0.095%$943K$986K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02517−0.016%$2.8M$752K75xas long as short
Bitget MONUSDT+0.0100%4h0.02516−0.056%$2.7M$2.2M25xas long as short
edgeX MONUSDC+0.0100%4h0.02509−0.319%$41K$251K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02511−0.242%$563K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02503−0.572%$67K$508K50xas long as short
SoDEX MON-USD+0.0100%1h0.02514−0.135%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02516−0.050%$48K$521K10xas long as short
Aevo MON-PERP+0.0104%1h0.02514−0.135%$38K3xas long as short
Aftermath Perps MONUSD+0.0244%1h0.02507−0.421%$2K$74K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02515−0.103%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02520+0.103%$1.3M$340K75xas long as short
Coinbase International MON-PERP-INTX+0.0408%1h0.02528+0.433%$110K$58K50xas long as short
Kraken Futures PF_MONUSD+0.0541%1h0.02518+0.012%$270K$114K10xas long as short