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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: edgeX against Paradex−0.896%52s7-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 · edgeX: 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: edgeX is 0.896% cheaper against Paradex than usual: you would sell low and buy high, −$90 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex MON-USD-PERP0.025210.0100pay 0.0100% / 8h7h 22m$8K$425x
ShortedgeX MONUSDC0.024990.0100get 0.0050% / 4h3h 22m$41K$250K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
Price spread: −0.896% → 0.000%
−$89.56
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$102.56
Costs to cover
0.130%
Break-even
160179.4 days
Slippage unknown: Paradex: no order-book sample; edgeX: live order book, 10 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 edgeX live order book, 10 min ago10.01 bp22.2 bp −$22doesn'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
Backpack MON_USDC_PERP−0.0137%1h0.02521−0.036%$112K$156K10xas long as short
Injective MON/USDC PERP−0.0089%1h0.02505−0.654%$5K$1085.5xas long as short
Phoenix MON0.0000%1h0.02501−0.825%$13K$346K5xas long as short
Deribit MON_USDC-PERPETUAL0.0000%1h0.02525+0.119%$73K$137K25xas long as short
Lighter MON+0.0096%1h0.02525+0.139%$811K$766K10xas long as short
Paradex MON-USD-PERPlong+0.0100%8h0.02521long leg$8K$425x
Nado MON-PERP+0.0100%1h0.02527+0.206%$392K$573K10xas long as short
Hyperliquid MON+0.0100%1h0.02526+0.187%$34.1M$6.8M5xas long as short
Aster MONUSDT+0.0100%4h0.02523+0.072%$100K$213K10xas long as short
dYdX MON-USD+0.0100%1h0.02521−0.030%$13K5xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica MON+0.0100%1h0.02523+0.044%$140K$91K3xas long as short
Binance MONUSDT+0.0100%4h0.02524+0.099%$24.2M$27.7M75xas long as short
Bybit MONUSDT+0.0100%8h0.02523+0.060%$21.1M$13.9M50xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02523+0.060%$4.2M$6.2M50xas long as short
Bulk MON-USD+0.0100%1h0.02492−1.173%$102K−$010xas long as short
Gate MON_USDT+0.0100%4h0.02525+0.139%$951K$1.0M50xas long as short
KuCoin MONUSDTM+0.0100%4h0.02522+0.020%$2.9M$769K75xas long as short
Bitget MONUSDT+0.0100%4h0.02524+0.099%$2.7M$2.3M25xas long as short
Variational Omni MON+0.0100%8h0.02493−1.130%$740K$378Kas long as short
edgeX MONUSDCshort+0.0100%4h0.02499−0.896%$41K$250K10x
GRVT MON_USDT_Perp+0.0100%4h0.02500−0.866%$567K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02499−0.892%$68K$545K50xas long as short
Orderly PERP_MON_USDC+0.0100%4h0.02525+0.139%$16K$40K10xas long as short
SoDEX MON-USD+0.0100%1h0.02524+0.099%$5K$6K5xas long as short
Extended MON-USD+0.0104%1h0.02527+0.216%$58K$332K10xas long as short
Aevo MON-PERP+0.0104%1h0.02524+0.079%$38K3xas long as short
01 Exchange MONUSD+0.0144%1h0.02526+0.187%$6K$3K5xas long as short
GMX MON/USD [ETH-USDC]L +0.0231% / S −0.0246%1h0.02519−0.091%$6K50xas long as short
BloFin MON-USDT+0.0340%4h0.02518−0.139%$1.4M$372K75xas long as short
Perpl MON+0.0447%43m0.02526+0.171%$119K$2.1M10xas long as short
Aftermath Perps MONUSD+0.0488%1h0.02508−0.520%$5K$102K10xas long as short
Coinbase International MON-PERP-INTX+0.0744%1h0.02526+0.179%$111K$53K50xas long as short
Kraken Futures PF_MONUSD+0.0792%1h0.02527+0.211%$271K$118K10xas long as short