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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Paradex−0.466%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 airdropParadex: Active · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.466% cheaper against Paradex than usual: you would sell low and buy high, −$47 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MON-USD-PERP0.025530.0097pay 0.0097% / 8h6h 24m$8K$425x
ShortApeX Omni MONUSDT0.025410.0100get 0.0013% / 1h24m 56s$68K$493K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Paradex. 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
$0.62
Price spread: −0.466% → 0.000%
−$46.6
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$59.98
Costs to cover
0.140%
Break-even
684.1 days
Slippage unknown: Paradex: no order-book sample; ApeX Omni: live order book, 43 min ago. 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 Paradex no order-book sample
Sell ApeX Omni live order book, 43 min ago13.51 bp22.5 bp −$22120.5 bp −$1,205doesn't fitdoesn't fit
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 32 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
Injective MON/USDC PERP−0.0388%1h0.02522−1.210%$5K$1085.5xas long as short
Bybit MONUSDT−0.0088%8h0.02550−0.110%$21.0M$12.8M50xas long as short
01 Exchange MONUSD0.0000%1h0.02555+0.086%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02543−0.388%$13K$349K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02556+0.122%$69K$125K25xas long as short
Orderly PERP_MON_USDC+0.0061%4h0.02555+0.082%$16K$51K10xas long as short
Lighter MON+0.0096%1h0.02557+0.161%$852K$742K10xas long as short
Paradex MON-USD-PERPlong+0.0097%8h0.02553long leg$8K$425x
Nado MON-PERP+0.0100%1h0.02555+0.063%$410K$545K10xas long as short
Hyperliquid MON+0.0100%1h0.02556+0.133%$34.7M$7.7M5xas long as short
Show all 32 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster MONUSDT+0.0100%4h0.02555+0.091%$102K$229K10xas long as short
dYdX MON-USD+0.0100%1h0.02552−0.026%$13K5xas long as short
Pacifica MON+0.0100%1h0.02553+0.016%$141K$104K3xas long as short
Binance MONUSDT+0.0100%4h0.02554+0.050%$24.4M$26.0M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02551−0.074%$4.3M$5.9M50xas long as short
Gate MON_USDT+0.0100%4h0.02555+0.082%$958K$904K50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02557+0.161%$2.9M$744K75xas long as short
Bitget MONUSDT+0.0100%4h0.02554+0.043%$2.7M$2.0M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02557+0.141%$121K$156K10xas long as short
Variational Omni MON+0.0100%8h0.02552−0.052%$759K$419Kas long as short
edgeX MONUSDC+0.0100%4h0.02550−0.106%$44K$247K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02554+0.043%$573K$1.5M10xas long as short
ApeX Omni MONUSDTshort+0.0100%1h0.02541−0.466%$68K$493K50x
SoDEX MON-USD+0.0100%1h0.02555+0.082%$5K$6K5xas long as short
Bulk MON-USD+0.0100%1h0.02550−0.114%$106K$4K10xas long as short
Extended MON-USD+0.0104%1h0.02556+0.114%$51K$517K10xas long as short
Aevo MON-PERP+0.0104%1h0.02555+0.063%$39K3xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0429%1h0.02554+0.059%$9K50xas long as short
Aftermath Perps MONUSD+0.0352%1h0.02544−0.361%$3K$77K10xas long as short
Perpl MON+0.0447%43m0.02556+0.125%$157K$2.2M10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02553+0.020%$112K$52K50xas long as short
Kraken Futures PF_MONUSD+0.0836%1h0.02557+0.174%$278K$88K10xas long as short