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+0.0006%/8h= +0.6% APRpaid last 24h 0.000%
Price spread now: Binance against Paradex+0.064%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 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.064% dearer against Paradex than usual: you sell high and buy low, +$6 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-PERP0.025680.0094pay 0.0094% / 8h28m 58s$8K$425x
ShortBinance MONUSDT0.025700.0100get 0.0050% / 4h28m 58s$24.5M$25.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$1.18
Price spread: +0.064% → 0.000%
$6.45
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$6.38
Costs to cover
0.140%
Break-even
44.9 days
Slippage unknown: Paradex: no order-book sample; Binance: live order book, 12 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 Binance live order book, 12 min ago1.93 bp12.9 bp −$1358.0 bp −$580321.0 bp −$32.1Kdoesn'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
Injective MON/USDC PERP−0.0121%1h0.02576+0.298%$6K$1075.5xas long as short
01 Exchange MONUSD−0.0072%1h0.02569+0.033%$6K$1K5xas long as short
Bybit MONUSDT−0.0033%8h0.02569+0.026%$21.3M$12.0M50xas long as short
Phoenix MON0.0000%1h0.02576+0.306%$13K$360K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02572+0.142%$69K$119K25xas long as short
Orderly PERP_MON_USDC+0.0068%4h0.02571+0.103%$17K$64K10xas long as short
Aftermath Perps MONUSD+0.0085%1h0.02575+0.272%$2K$75K10xas long as short
Paradex MON-USD-PERPlong+0.0094%8h0.02568long leg$8K$425x
Lighter MON+0.0096%1h0.02572+0.142%$854K$793K10xas long as short
Nado MON-PERP+0.0100%1h0.02574+0.201%$392K$544K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hyperliquid MON+0.0100%1h0.02575+0.240%$34.8M$7.6M5xas long as short
Aster MONUSDT+0.0100%4h0.02570+0.075%$108K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02573+0.166%$13K5xas long as short
Pacifica MON+0.0100%1h0.02570+0.064%$142K$105K3xas long as short
Binance MONUSDTshort+0.0100%4h0.02570+0.064%$24.5M$25.4M75x
OKX MON-USDT-SWAP+0.0100%4h0.02567−0.052%$4.3M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02570+0.064%$108K$39010xas long as short
Gate MON_USDT+0.0100%4h0.02570+0.064%$979K$909K50xas long as short
Bitget MONUSDT+0.0100%4h0.02571+0.103%$2.7M$1.9M25xas long as short
Backpack MON_USDC_PERP+0.0100%1h0.02571+0.107%$128K$141K10xas long as short
Variational Omni MON+0.0100%8h0.02568−0.005%$778K$408Kas long as short
edgeX MONUSDC+0.0100%4h0.02574+0.218%$47K$244K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02573+0.181%$583K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02575+0.259%$69K$481K50xas long as short
SoDEX MON-USD+0.0100%1h0.02571+0.103%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02574+0.210%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02571+0.088%$39K3xas long as short
KuCoin MONUSDTM+0.0256%4h0.02576+0.298%$3.0M$716K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02569+0.045%$8K50xas long as short
BloFin MON-USDT+0.0340%4h0.02570+0.064%$1.4M$308K75xas long as short
Kraken Futures PF_MONUSD+0.0420%1h0.02575+0.266%$270K$78K10xas long as short
Perpl MON+0.0447%43m0.02572+0.142%$126K$1.8M10xas long as short
Coinbase International MON-PERP-INTX+0.0480%1h0.02609+1.579%$115K$50K50xas long as short