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

MON

all MON markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0030%/8h= +3.3% APRpaid last 24h +0.001%
Price spread now: Extended against Paradex+0.214%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 · Extended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.214% dearer against Paradex than usual: you sell high and buy low: +$21 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-PERP0.025880.0074pay 0.0074% / 8h1h 43m$8K$425x
ShortExtended MON-USD0.025940.0104get 0.0013% / 1h43m 08s$52K$407K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$6.33
Price spread: +0.214% → 0.000%
$21.35
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$18.68
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; Extended: live order book, 39 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 Extended live order book, 39 min ago3.85 bp25.5 bp −$25205.2 bp −$2,052doesn'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
Deribit MON_USDC-PERPETUAL−0.0098%1h0.02586−0.074%$70K$119K25xas long as short
Injective MON/USDC PERP−0.0053%1h0.02582−0.241%$6K$1075.5xas long as short
Bybit MONUSDT−0.0032%8h0.02587−0.028%$21.6M$11.8M50xas long as short
01 Exchange MONUSD−0.0032%1h0.02589+0.041%$6K$1K5xas long as short
Phoenix MON0.0000%1h0.02590+0.057%$13K$362K5xas long as short
Perpl MON0.0000%43m0.02587−0.028%$144K$1.8M10xas long as short
Aftermath Perps MONUSD+0.0034%1h0.02586−0.099%$2K$74K10xas long as short
Paradex MON-USD-PERPlong+0.0074%8h0.02588long leg$8K$425x
Orderly PERP_MON_USDC+0.0075%4h0.02586−0.086%$17K$64K10xas long as short
Lighter MON+0.0096%1h0.02588−0.009%$848K$763K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado MON-PERP+0.0100%1h0.02592+0.150%$388K$537K10xas long as short
Hyperliquid MON+0.0100%1h0.02593+0.192%$35.1M$7.5M5xas long as short
Aster MONUSDT+0.0100%4h0.02590+0.068%$108K$230K10xas long as short
dYdX MON-USD+0.0100%1h0.02590+0.049%$13K5xas long as short
Pacifica MON+0.0100%1h0.02590+0.069%$143K$107K3xas long as short
Binance MONUSDT+0.0100%4h0.02589+0.030%$24.6M$24.7M75xas long as short
OKX MON-USDT-SWAP+0.0100%4h0.02588−0.009%$4.4M$5.9M50xas long as short
Bulk MON-USD+0.0100%1h0.02580−0.318%$108K$3K10xas long as short
Gate MON_USDT+0.0100%4h0.02590+0.069%$1.0M$863K50xas long as short
Bitget MONUSDT+0.0100%4h0.02592+0.146%$2.8M$1.8M25xas long as short
Variational Omni MON+0.0100%8h0.02578−0.405%$777K$405Kas long as short
edgeX MONUSDC+0.0100%4h0.02586−0.074%$47K$244K10xas long as short
GRVT MON_USDT_Perp+0.0100%4h0.02588−0.021%$582K$1.5M10xas long as short
ApeX Omni MONUSDT+0.0100%1h0.02586−0.086%$69K$480K50xas long as short
SoDEX MON-USD+0.0100%1h0.02585−0.125%$5K$6K5xas long as short
Extended MON-USDshort+0.0104%1h0.02594+0.214%$52K$407K10x
Aevo MON-PERP+0.0104%1h0.02585−0.140%$39K3xas long as short
Kraken Futures PF_MONUSD+0.0173%1h0.02589+0.032%$267K$70K10xas long as short
GMX MON/USD [ETH-USDC]L +0.0261% / S −0.0598%1h0.02587−0.059%$9K50xas long as short
BloFin MON-USDT+0.0340%4h0.02586−0.086%$1.4M$294K75xas long as short
KuCoin MONUSDTM+0.0374%4h0.02595+0.262%$3.2M$727K75xas long as short
Backpack MON_USDC_PERP+0.0397%1h0.02590+0.076%$138K$136K10xas long as short
Coinbase International MON-PERP-INTX+0.0536%1h0.02607+0.714%$114K$49K50xas long as short