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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h 0.000%
Price spread now: Aster against Paradex+0.230%7-day average · you sell dearer than you buy
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 · Aster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Aster is 0.230% dearer against Paradex than usual: you sell high and buy low: +$23 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MON-USD-PERP0.025750.0069pay 0.0069% / 8h1h 51m$8K$425x
ShortAster MONUSDT0.025810.0100get 0.0050% / 4h1h 51m$107K$230K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster 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
$6.59
Price spread: +0.230% → 0.000%
$23.01
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Aster: 4 bp × 2 orders
−$8
Net
$17.6
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; Aster: live order book, 30 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 Aster live order book, 30 min ago17.30 bp32.9 bp −$33doesn't fitdoesn'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 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−0.0168%1h0.02577+0.101%$6K$1K5xas long as short
Injective MON/USDC PERP−0.0053%1h0.02582+0.287%$6K$1075.5xas long as short
Bybit MONUSDT−0.0030%8h0.02577+0.093%$21.5M$11.8M50xas long as short
Phoenix MON0.0000%1h0.02596+0.820%$13K$362K5xas long as short
Perpl MON0.0000%43m0.02578+0.136%$144K$1.8M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02586+0.427%$70K$119K25xas long as short
Aftermath Perps MONUSD+0.0039%1h0.02587+0.493%$2K$74K10xas long as short
Paradex MON-USD-PERPlong+0.0069%8h0.02575long leg$8K$425x
Orderly PERP_MON_USDC+0.0075%4h0.02584+0.365%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02577+0.093%$845K$763K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02579+0.166%$391K$533K10xas long as short
Hyperliquid MON+0.0100%1h0.02579+0.167%$34.9M$7.5M5xas long as short
Aster MONUSDTshort+0.0100%4h0.02581+0.230%$107K$230K10x
dYdX MON-USD+0.0100%1h0.02583+0.322%$13K5xas long as short
Pacifica MON+0.0100%1h0.02576+0.070%$142K$106K3xas long as short
Binance MONUSDT+0.0100%4h0.02578+0.132%$24.5M$24.7M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02573−0.062%$4.4M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02580+0.210%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02577+0.093%$1.0M$862K50xas long as short
Bitget MONUSDT+0.0100%4h0.02578+0.132%$2.7M$1.8M25xas long as short
Variational Omni MON+0.0100%8h0.02588+0.531%$779K$411Kas long as short
edgeX MONUSDC+0.0100%4h0.02586+0.459%$47K$243K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02596+0.843%$584K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02582+0.287%$69K$480K50xas long as short
SoDEX MON-USD+0.0100%1h0.02584+0.365%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02578+0.151%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02584+0.365%$39K3xas long as short
Kraken Futures PF_MONUSD+0.0173%1h0.02588+0.536%$267K$67K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02580+0.225%$9K50xas long as short
BloFin MON-USDT+0.0264%4h0.02595+0.792%$1.4M$295K75xas long as short
KuCoin MONUSDTM+0.0334%4h0.02586+0.443%$3.1M$749K75xas long as short
Backpack MON_USDC_PERP+0.0487%1h0.02584+0.381%$138K$137K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02607+1.247%$114K$49K50xas long as short