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= +0.7% APRpaid last 24h 0.000%
Price spread now: Bitget against Paradex+0.096%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: Bitget is 0.096% dearer against Paradex than usual: you sell high and buy low, +$10 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-PERP0.025740.0094pay 0.0094% / 8h33m 35s$8K$425x
ShortBitget MONUSDT0.025760.0100get 0.0050% / 4h33m 35s$2.7M$1.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$1.29
Price spread: +0.096% → 0.000%
$9.58
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$5.13
Costs to cover
0.160%
Break-even
34.9 days
Slippage unknown: Paradex: no order-book sample; Bitget: live order book, 4 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 Bitget live order book, 4 min ago5.81 bp22.1 bp −$2257.0 bp −$570doesn'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
Injective MON/USDC PERP−0.0121%1h0.02576+0.096%$6K$1075.5xas long as short
01 Exchange MONUSD−0.0056%1h0.02575+0.069%$6K$1K5xas long as short
Bybit MONUSDT−0.0034%8h0.02572−0.060%$21.3M$12.0M50xas long as short
Phoenix MON0.0000%1h0.02578+0.173%$13K$360K5xas long as short
Perpl MON0.0000%43m0.02575+0.069%$126K$1.8M10xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02575+0.053%$70K$119K25xas long as short
Orderly PERP_MON_USDC+0.0068%4h0.02573−0.021%$17K$64K10xas long as short
Aftermath Perps MONUSD+0.0088%1h0.02581+0.303%$2K$75K10xas long as short
Paradex MON-USD-PERPlong+0.0094%8h0.02574long leg$8K$425x
Lighter MON+0.0096%1h0.02576+0.096%$855K$793K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02578+0.177%$393K$544K10xas long as short
Hyperliquid MON+0.0100%1h0.02578+0.173%$34.9M$7.6M5xas long as short
Aster MONUSDT+0.0100%4h0.02574+0.036%$108K$231K10xas long as short
dYdX MON-USD+0.0100%1h0.02575+0.053%$13K5xas long as short
Pacifica MON+0.0100%1h0.02575+0.049%$142K$105K3xas long as short
Binance MONUSDT+0.0100%4h0.02574+0.018%$24.5M$25.4M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02574+0.018%$4.3M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02585+0.440%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02574+0.018%$980K$909K50xas long as short
Bitget MONUSDTshort+0.0100%4h0.02576+0.096%$2.7M$1.8M25x
Backpack MON_USDC_PERP+0.0100%1h0.02575+0.037%$128K$141K10xas long as short
Variational Omni MON+0.0100%8h0.02576+0.104%$779K$408Kas long as short
edgeX MONUSDC+0.0100%4h0.02579+0.207%$47K$244K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02579+0.198%$584K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02577+0.135%$69K$481K50xas long as short
SoDEX MON-USD+0.0100%1h0.02573−0.021%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02578+0.168%$52K$407K10xas long as short
Aevo MON-PERP+0.0104%1h0.02578+0.181%$39K3xas long as short
KuCoin MONUSDTM+0.0260%4h0.02579+0.212%$3.0M$716K75xas long as short
GMX MON/USD [ETH-USDC]L +0.0260% / S −0.0598%1h0.02574+0.022%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02572−0.060%$1.4M$308K75xas long as short
Kraken Futures PF_MONUSD+0.0419%1h0.02577+0.142%$271K$78K10xas long as short
Coinbase International MON-PERP-INTX+0.0480%1h0.02609+1.374%$115K$50K50xas long as short